Apollo Global Management Asset Management — Principal Outstanding increased by 168.0% to $5.58B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 28.9%, from $4.33B to $5.58B. Over 3 years (FY 2022 to FY 2025), Asset Management — Principal Outstanding shows relatively stable performance with a -2.9% CAGR.
High levels of principal outstanding indicate significant leverage or large-scale debt management activities, which carries inherent risk.
The total unpaid balance of debt obligations or principal amounts managed within the segment. This metric indicates the...
Often reported as 'Total Debt' or 'Principal Balance' in debt-focused investment segments.
apo_segment_asset_management_principal_outstanding| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.06B | $2.09B | $2.55B | $2.67B | $2.83B | $1.29B | $1.76B | $1.95B | $3.92B | $1.84B | $1.73B | $942.00M | $4.33B | $674.00M | $954.00M | $2.08B | $5.58B |
| QoQ Change | — | -74.1% | +22.0% | +4.6% | +6.0% | -54.5% | +36.6% | +10.7% | +101.4% | -53.2% | -5.9% | -45.5% | +359.1% | -84.4% | +41.5% | +118.0% | +168.0% |
| YoY Change | — | — | — | — | -64.9% | -38.4% | -31.1% | -27.0% | +38.6% | +42.6% | -1.8% | -51.6% | +10.3% | -63.3% | -44.8% | +120.8% | +28.9% |