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Apollo Global Management APO Funding Agreements — Weighted average crediting rate

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RITMDeferred Annuities — Weighted average crediting rate
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UNMVoluntary Benefits — Weighted average crediting rate
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Other financials

Income statement

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Revenue$5.1B-8.8%
Net income-$1.9B-531%
EPS (diluted)-$3.27-581%

Balance sheet

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Cash & equivalents$23.7B+53.1%
Total debt$14.2B+34.4%
Total equity$20.0B+11.0%
Total assets$467.53B+18.3%

Cash flow

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Operating cash flow$1.6B+60.1%

Valuation

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Market cap$74.73B-10.4%
Enterprise value$65.2B-19.1%
P/E65.3×+40.6×
P/S2.4×-0.9×

Profitability

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Net margin3.6%-11.0pp

Returns & leverage

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Return on equity6%-15.9pp
Debt / equity0.7×+0.1×

Where this comes from

Reported directly by Apollo Global Management in its filing.

Tagged under the XBRL concept us-gaap:PolicyholderAccountBalanceWeightedAverageCreditingRate.

The source filing: Apollo Global Management’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 5:25 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001858681-26-000026
(In millions, except percentages)Three months ended March 31, 2026 / Traditional Deferred AnnuitiesThree months ended March 31, 2026 / Indexed AnnuitiesThree months ended March 31, 2026 / Funding AgreementsThree months ended March 31, 2026 / Other Investment-typeTotal
Benefit payments(362)(415)(3,892)(64)(4,733)
Interest credited1,2641,031899603,254
Foreign exchange(55)1(187)(56)(297)
Other(122)(38)(160)
Balance at March 31, 2026$114,763$106,336$90,737$9,425$321,261
Weighted average crediting rate4.7%2.8%4.5%3.0%
Net amount at risk$423$17,214$17
Cash surrender value107,87097,4746,627

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Apollo Global Management's funding agreements — weighted average crediting rate?
Apollo Global Management (APO) reported funding agreements — weighted average crediting rate of 4.5% in Q1 2026.
How has Apollo Global Management's funding agreements — weighted average crediting rate changed year-over-year?
Apollo Global Management's funding agreements — weighted average crediting rate decreased by 2.2% year-over-year, from 4.6% to 4.5%.
What is the long-term trend for Apollo Global Management's funding agreements — weighted average crediting rate?
Over 3 years (2022 to 2025), Apollo Global Management's funding agreements — weighted average crediting rate has grown at a 29.6% compound annual growth rate (CAGR), from 8.5% to 18.5%.
What does funding agreements — weighted average crediting rate mean?
This metric measures the average interest rate credited to policyholders or contract holders within the funding agreement portfolio. It reflects the cost of capital for the firm's liabilities and is a key driver of net interest margin. Monitoring this rate helps investors understand the firm's competitive positioning in attracting deposits relative to market interest rates.

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