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Apollo Global Management APO Total — Future policy benefits

Other product segments

Reconciling items
$5.62B-2.9%

Similar metrics at other companies

Equitable Holdings logo
EQHFuture policyholder benefits total — Future policy benefits and other policyholders’ liabilities
$15.34B+0.9%
Equitable Holdings logo
EQHSubtotal — Future policy benefits and other policyholders’ liabilities
$9.49B+3.8%
Prudential Financial logo
PRUTotal — Liability for Future Policy Benefit, after Reinsurance
$171.22B-4.9%
Prudential Financial logo
PRUTotal Corporate and Other — Future Policy Benefits, Losses, Claims Expenses
$9.13B+5.6%
Equitable Holdings logo
EQHTerm — Future policy benefits and other policyholders’ liabilities
$1.21B-6.4%
Prudential Financial logo
PRUTotal — Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance
$6B-1.0%

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$69.33B-16.5%
Enterprise value$59.8B-25.5%
P/E60.6×+35.9×
P/S2.2×-1.1×

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:LiabilityForFuturePolicyBenefits.

The official record: Apollo Global Management’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Apollo Global Management's total — future policy benefits?
Apollo Global Management (APO) reported total — future policy benefits of $43.04B in Q1 2026.
How has Apollo Global Management's total — future policy benefits changed year-over-year?
Apollo Global Management's total — future policy benefits decreased by 2.4% year-over-year, from $44.11B to $43.04B.
What is the long-term trend for Apollo Global Management's total — future policy benefits?
Over 2 years (2023 to 2025), Apollo Global Management's total — future policy benefits has grown at a 1.8% compound annual growth rate (CAGR), from $169.25B to $175.55B.
What does total — future policy benefits mean?
The total aggregate liability recorded on the balance sheet for future insurance and annuity obligations. This metric represents the company's long-term financial commitment to policyholders, serving as the primary measure of the scale and risk of the insurance business. It is the central figure for assessing the company's long-term solvency and capital requirements.