Non-Current Assets
Present Value of Future Insurance Profits, Net
Apollo Global Management Present Value of Future Insurance Profits, Net decreased by 4.4% to $1.83B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 17.4%, from $2.21B to $1.83B. Over 4 years (FY 2021 to FY 2025), Present Value of Future Insurance Profits, Net shows a downward trend with a -20.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
A decrease over time is expected as the value is amortized, while sudden changes often follow M&A activity.
Detailed definition
VOBA represents the present value of future profits expected from a block of insurance contracts acquired in a business...
Peer comparison
Commonly seen in companies that have recently completed significant acquisitions in the life or annuity space.
Metric ID:
non_current_assets_value_of_business_acquired_vobaHistorical Data
17 periods
| Q4 '21 | 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 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.55B | $4.42B | $4.30B | $4.18B | $4.04B | $2.90B | $2.81B | $2.67B | $2.58B | $2.49B | $2.40B | $2.31B | $2.21B | $2.13B | $2.04B | $1.91B | $1.83B |
| QoQ Change | — | -2.7% | -2.9% | -2.8% | -3.2% | -28.3% | -3.1% | -4.8% | -3.3% | -3.4% | -3.7% | -3.8% | -4.2% | -3.8% | -4.2% | -6.3% | -4.4% |
| YoY Change | — | — | — | — | -11.2% | -34.5% | -34.7% | -36.0% | -36.1% | -13.9% | -14.5% | -13.6% | -14.4% | -14.6% | -15.0% | -17.2% | -17.4% |
Range$1.83B – $4.55B
CAGR-20.4%
Avg YoY Growth-21.0%
Median YoY Growth-15.0%
Current Streak16+ quarters decline
Present Value of Future Insurance Profits, Net at Other Companies
Frequently Asked Questions
- What is Apollo Global Management's present value of future insurance profits, net?
- Apollo Global Management (APO) reported present value of future insurance profits, net of $1.83B in Q4 2025.
- How has Apollo Global Management's present value of future insurance profits, net changed year-over-year?
- Apollo Global Management's present value of future insurance profits, net decreased by 17.4% year-over-year, from $2.21B to $1.83B.
- What is the long-term trend for Apollo Global Management's present value of future insurance profits, net?
- Over 4 years (2021 to 2025), Apollo Global Management's present value of future insurance profits, net has grown at a -20.4% compound annual growth rate (CAGR), from $4.55B to $1.83B.
- What does present value of future insurance profits, net mean?
- The estimated future profit potential of an insurance business portfolio acquired from another company.