Business Segments · Mortgage loans

Retirement Services — Mortgage loans

Apollo Global Management Retirement Services — Mortgage loans increased by 12.2% to $95.52B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 42.3%, from $67.12B to $95.52B. Over 3 years (FY 2022 to FY 2025), Retirement Services — Mortgage loans shows an upward trend with a 46.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2025

How to read this metric

Growth in this metric indicates an expansion of the credit-based investment portfolio, typically aimed at capturing yield spreads over government bonds.

Detailed definition

The carrying value of mortgage loans held as investments within the retirement services segment. These loans serve as a...

Peer comparison

Standard line item for life insurance and annuity providers under 'Mortgage Loans' or 'Commercial Mortgage Loans'.

Metric ID: apo_segment_retirement_services_mortgage_loans

Historical Data

17 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$0.00$25.15B$26.63B$26.48B$28.76B$31.27B$35.96B$41.25B$47.57B$51.62B$56.09B$62.16B$67.12B$74.73B$81.11B$85.16B$95.52B
QoQ Change+5.9%-0.6%+8.6%+8.8%+15.0%+14.7%+15.3%+8.5%+8.7%+10.8%+8.0%+11.3%+8.5%+5.0%+12.2%
YoY Change+24.3%+35.0%+55.8%+65.4%+65.1%+55.9%+50.7%+41.1%+44.8%+44.6%+37.0%+42.3%
Range$0.00$95.52B
Avg YoY Growth+46.8%
Median YoY Growth+44.7%
Current Streak13 quarters growth

Frequently Asked Questions

What is Apollo Global Management's retirement services — mortgage loans?
Apollo Global Management (APO) reported retirement services — mortgage loans of $95.52B in Q4 2025.
How has Apollo Global Management's retirement services — mortgage loans changed year-over-year?
Apollo Global Management's retirement services — mortgage loans increased by 42.3% year-over-year, from $67.12B to $95.52B.
What is the long-term trend for Apollo Global Management's retirement services — mortgage loans?
Over 3 years (2022 to 2025), Apollo Global Management's retirement services — mortgage loans has grown at a 46.5% compound annual growth rate (CAGR), from $107.02B to $336.53B.
What does retirement services — mortgage loans mean?
The total value of mortgage loans held as investment assets.