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Total — Change in discount rate assumptions

Apollo Global Management Total — Change in discount rate assumptions increased by 164.0% to $909M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 272.2%, from -$528M to $909M. Over 2 years (FY 2022 to FY 2025), Total — Change in discount rate assumptions shows an upward trend with a -73.0% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ1 2022
Last reportedQ1 2026May 7, 2026

How to read this metric

A positive value indicates a decrease in the discount rate, which increases the present value of liabilities and reduces earnings, while a negative value indicates an increase in the discount rate, which reduces the liability valuation and boosts earnings.

Detailed definition

This metric represents the impact of revisions to the interest rate assumptions used to calculate the present value of f...

Peer comparison

Comparable to 'impact of discount rate changes' or 'actuarial assumption adjustments' reported by other life insurance and annuity providers under GAAP or IFRS accounting standards.

Metric ID: apo_segment_total_change_in_discount_rate_assumptions

Historical Data

14 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$2.11B-$2.11B-$2.11B-$2.11B-$3.56B$803M$628M-$2.26B$2.27B-$528M$1.1B$235M-$1.42B$909M
QoQ Change+0.0%+0.0%+0.0%-69.2%+122.5%-21.8%-460.4%+200.4%-123.2%+308.5%-78.7%-704.3%+164.0%
YoY Change-69.2%+163.7%-165.8%+75.3%+110.4%-162.5%+272.2%
Range-$3.56B$2.27B
CAGR-22.8%
Avg YoY Growth+32.0%
Median YoY Growth+75.3%

Frequently Asked Questions

What is Apollo Global Management's total — change in discount rate assumptions?
Apollo Global Management (APO) reported total — change in discount rate assumptions of $909M in Q1 2026.
How has Apollo Global Management's total — change in discount rate assumptions changed year-over-year?
Apollo Global Management's total — change in discount rate assumptions increased by 272.2% year-over-year, from -$528M to $909M.
What is the long-term trend for Apollo Global Management's total — change in discount rate assumptions?
Over 2 years (2022 to 2025), Apollo Global Management's total — change in discount rate assumptions has grown at a -73.0% compound annual growth rate (CAGR), from -$8.43B to -$612M.
What does total — change in discount rate assumptions mean?
The financial impact of adjusting the interest rate used to calculate the present value of future insurance benefit obligations.