Non-Current Liabilities

Long-Term Debt

Apollo Global Management Long-Term Debt increased by 5.8% to $13.36B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 26.2%, from $10.59B to $13.36B. Over 4 years (FY 2021 to FY 2025), Long-Term Debt shows an upward trend with a 43.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase indicates higher financial leverage, which can amplify returns on equity but also increases interest expense and financial risk.

Detailed definition

Loans and financial obligations with a maturity period exceeding one year, typically consisting of corporate bonds and n...

Peer comparison

Capital-intensive firms or those with aggressive share buyback programs often carry higher long-term debt than asset-light competitors.

Metric ID: long_term_debt

Historical Data

17 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$3.13B$6.10B$6.09B$6.08B$6.47B$6.46B$6.45B$7.03B$8.09B$9.60B$9.82B$9.81B$10.59B$10.58B$12.14B$12.63B$13.36B
QoQ Change+94.7%-0.2%-0.2%+6.4%-0.1%-0.2%+8.9%+15.2%+18.6%+2.3%-0.1%+8.0%-0.1%+14.8%+4.0%+5.8%
YoY Change+106.5%+5.9%+5.9%+15.5%+25.0%+48.5%+52.1%+39.6%+30.8%+10.3%+23.7%+28.8%+26.2%
Range$3.13B$13.36B
CAGR+43.7%
Avg YoY Growth+32.2%
Median YoY Growth+26.2%
Current Streak3 quarters growth

Business Segments

View all
SegmentQ1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Retirement Services$5.74B$5.73B$5.73B$6.31B$6.30B$7.86B$7.86B$7.85B
Asset Management$3.84B$4.07B$4.25B$4.30B$4.31B$0.00
Total$9.60B$9.82B$9.81B$10.59B$10.58B$12.14B$12.63B$13.36B

Frequently Asked Questions

What is Apollo Global Management's long-term debt?
Apollo Global Management (APO) reported long-term debt of $13.36B in Q4 2025.
How has Apollo Global Management's long-term debt changed year-over-year?
Apollo Global Management's long-term debt increased by 26.2% year-over-year, from $10.59B to $13.36B.
What is the long-term trend for Apollo Global Management's long-term debt?
Over 4 years (2021 to 2025), Apollo Global Management's long-term debt has grown at a 43.7% compound annual growth rate (CAGR), from $3.13B to $13.36B.
What does long-term debt mean?
Money the company has borrowed that doesn't need to be paid back for at least a year.