Apollo Global Management Retirement Services — AFS and trading securities, measurement input increased by 0.9% to $0.23 in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 27.7%, from $0.18 to $0.23. Over 2 years (FY 2022 to FY 2024), Retirement Services — AFS and trading securities, measurement input shows relatively stable performance with a -4.6% CAGR.
A shift toward more unobservable inputs may indicate higher valuation risk or lower liquidity in the underlying asset portfolio.
Refers to the valuation inputs, such as observable market data or unobservable models, used to determine the fair value...
Standard 'Fair Value Hierarchy' disclosure required under accounting standards for financial institutions.
apo_segment_retirement_services_afs_and_trading_securities_measurement_input| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| QoQ Change | — | +4.8% | -10.0% | -5.1% | -0.5% | +0.0% | +0.5% | -3.7% | +0.6% | +0.5% | -3.3% | +13.0% | +13.5% | -1.3% | +0.9% |
| YoY Change | — | — | — | — | -11.0% | -15.0% | -5.1% | -3.7% | -2.7% | -2.1% | -5.9% | +10.5% | +24.7% | +22.4% | +27.7% |