Apollo Global Management, Inc. (APO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 34.62B | 260.36B | 259.59B | 243.22B | 228.07B | 215.7B | 214.01B | 197.17B | 189.99B | 176.61B | 154.76B | 153.13B | 145.56B | 133.87B | 123.48B | 123.05B | 124.84B | 2.58B | 4.42B | 4.69B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 203.74 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 1.35B | 2.79B | 2.49B | 2.21B | 946M | 967M | 1.09B | 1.58B | 1.76B | 1.49B | 2.39B | 2.21B | 1.61B | 1.72B | 1.45B | 1.87B | 650.24M | 1.05B | 1.52B |
| Total Non-Current Assets | 432.92B | 200.59B | 189.95B | 176.32B | 166.98B | 162.19B | 154.68B | 149.33B | 144.06B | 136.88B | 128.47B | 128.85B | 124.76B | 123.34B | 126.86B | 124.8B | 136.71B | 27.92B | 23.87B | 22.85B |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 954.74M | 0 | 877.14M | 0 | 0 | 0 | 576.71M | 474.25M | 444.85M |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | 14.35x | - | 5.52x | - | - | - | 2.27x | 2.35x | 3.38x |
| Goodwill | 0 | 5.92B | 5.9B | 4.34B | 4.33B | 4.33B | 4.33B | 4.33B | 4.33B | 4.33B | 4.32B | 4.33B | 4.33B | 4.32B | 4.32B | 4.42B | 4.31B | 117M | 116.96M | 116.96M |
| Intangible Assets | 5.91B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.46M | 20.58M |
| Long-Term Investments | 399.33B | 157.78B | 147.38B | 138.81B | 131.99B | 125.52B | 119.89B | 114.53B | 111.32B | 106.7B | 101.4B | 102.3B | 99.91B | 98.87B | 99.63B | 100.25B | 113.69B | 26.09B | 21.99B | 21.57B |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 467.53B | 460.95B | 449.54B | 419.55B | 395.05B | 377.89B | 368.69B | 346.5B | 334.05B | 313.49B | 283.24B | 281.98B | 270.32B | 257.22B | 250.34B | 247.85B | 261.56B | 30.5B | 28.29B | 27.54B |
| Asset Turnover | 0.01x | 0.02x | 0.02x | 0.02x | 0.01x | 0.01x | 0.02x | 0.02x | 0.02x | 0.04x | 0.01x | 0.05x | 0.02x | 0.02x | 0.01x | 0.01x | 0.01x | 0.04x | 0.04x | 0.05x |
| Asset Growth % | 18.35% | 21.98% | 21.93% | 21.08% | 18.26% | 20.55% | 30.17% | 22.88% | 23.57% | 21.88% | 13.14% | 13.77% | 3.35% | 743.28% | 784.89% | 799.92% | 854.23% | 28.87% | 51.87% | 53.36% |
| Total Current Liabilities | 0 | 331.9B | 324.3B | 304.34B | 285.17B | 269.62B | 258B | 242.66B | 232.65B | 216.44B | 201.28B | 198.41B | 195.5B | 184.33B | 178B | 174.6B | 175.81B | 4.11B | 2.59B | 2.22B |
| Accounts Payable | 0 | 3.86B | 4.33B | 4.08B | 3.77B | 3.62B | 3.91B | 3.64B | 3.42B | 3.34B | 3.66B | 3.29B | 3.19B | 2.98B | 3.03B | 2.94B | 3.21B | 2.85B | 209.31M | 141.69M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16M | 31M | 31M | 33M | 34M | 35M | 33M | 35M | 37M | 38M | 38.41M | 39.34M |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 0 | -500M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | - | 0.78x | 0.80x | 0.80x | 0.80x | 0.80x | 0.83x | 0.81x | 0.82x | 0.82x | 0.77x | 0.77x | 0.74x | 0.73x | 0.69x | 0.70x | 0.71x | 0.63x | 1.71x | 2.12x |
| Quick Ratio | - | 0.78x | 0.80x | 0.80x | 0.80x | 0.80x | 0.83x | 0.81x | 0.82x | 0.82x | 0.77x | 0.77x | 0.74x | 0.73x | 0.69x | 0.70x | 0.71x | 0.63x | 1.71x | 2.12x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 428B | 86.54B | 85.45B | 81.35B | 77.53B | 77.3B | 79.14B | 75.43B | 74.39B | 71.8B | 63.99B | 66.24B | 57.09B | 57.49B | 69.46B | 65.09B | 65.47B | 14.43B | 15.48B | 15.69B |
| Long-Term Debt | 14.22B | 13.36B | 12.63B | 12.14B | 10.58B | 10.59B | 9.81B | 9.81B | 9.58B | 8.06B | 7.01B | 6.69B | 6.47B | 6.49B | 7.81B | 7.87B | 13.87B | 13.65B | 13.64B | 13.69B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 428B | 418.43B | 409.75B | 385.69B | 362.7B | 346.92B | 337.15B | 318.09B | 307.04B | 288.24B | 265.27B | 264.66B | 252.59B | 241.82B | 247.45B | 239.69B | 241.28B | 18.54B | 18.07B | 17.91B |
| Total Debt | 14.22B | 13.36B | 12.63B | 12.14B | 10.58B | 10.59B | 9.81B | 9.81B | 9.6B | 8.09B | 7.04B | 7.42B | 6.51B | 7.19B | 7.84B | 7.91B | 13.9B | 14.19B | 14.1B | 14.14B |
| Net Debt | -9.23B | -5.88B | -5.78B | -1.1B | -2.72B | -5.58B | -6.85B | -7.07B | -8.54B | -7.84B | -5.9B | -4.89B | -9.37B | -2.27B | -3.67B | -5.16B | 3.34B | 12.81B | 11.34B | 11.51B |
| Debt / Equity | 0.36x | 0.31x | 0.32x | 0.36x | 0.33x | 0.34x | 0.31x | 0.35x | 0.36x | 0.32x | 0.39x | 0.43x | 0.37x | 0.47x | 2.72x | 0.97x | 0.69x | 1.19x | 1.38x | 1.47x |
| Debt / EBITDA | 39.50x | 3.13x | 3.54x | 6.82x | 5.75x | 4.77x | 3.87x | 4.97x | 3.63x | 3.49x | 5.28x | 6.01x | 3.16x | 4.94x | - | - | - | - | 29.88x | 20.86x |
| Net Debt / EBITDA | -25.64x | -1.38x | -1.62x | -0.62x | -1.48x | -2.51x | -2.70x | -3.58x | -3.23x | -3.38x | -4.43x | -3.96x | -4.55x | -1.56x | - | - | - | - | 24.02x | 16.98x |
| Interest Coverage | 4.68x | 59.28x | 31.84x | 11.70x | 15.58x | 19.74x | 26.44x | 17.16x | 29.78x | 25.51x | 14.80x | 18.61x | 30.85x | 23.96x | -13.77x | -44.95x | -36.66x | 4.03x | 5.69x | 11.11x |
| Total Equity | 39.53B | 42.52B | 39.8B | 33.86B | 32.34B | 30.98B | 31.54B | 28.41B | 27.02B | 25.25B | 17.96B | 17.33B | 17.73B | 15.4B | 2.89B | 8.16B | 20.28B | 11.96B | 10.22B | 9.63B |
| Equity Growth % | 22.23% | 37.23% | 26.18% | 19.17% | 19.72% | 22.72% | 75.6% | 63.99% | 52.34% | 63.95% | 522.38% | 112.31% | -12.55% | 28.7% | -71.77% | -15.25% | 127.87% | 90.03% | 144.07% | 127% |
| Book Value per Share | 66.44 | 69.94 | 65.46 | 57.39 | 54.54 | 51.38 | 53.59 | 48.15 | 44.63 | 42.00 | 31.03 | 29.93 | 30.35 | 26.41 | 4.94 | 13.96 | 34.57 | 48.72 | 42.70 | 41.67 |
| Total Shareholders' Equity | 19.95B | 23.34B | 23.14B | 19.32B | 17.98B | 17.25B | 17.86B | 15.27B | 14.79B | 14.04B | 8.44B | 8.23B | 8.07B | 6.64B | -1.34B | 3.68B | 10.99B | 3.79B | 2.65B | 2.37B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 5.16B | 7.63B | 7.31B | 5.92B | 5.63B | 6.02B | 4.87B | 4.38B | 3.86B | 2.97B | 535M | 153M | -172M | -1.01B | -2.84B | -1.94B | -93M | 1.14B | 1.08B | 990.8M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -3.14B | -2.65B | -2.49B | -3.69B | -4.58B | -5.49B | -3.47B | -5.82B | -5.64B | -5.58B | -8.1B | -6.39B | -6.16B | -7.33B | -13.76B | -9.79B | -4.68B | -5M | -3.1M | -2.54M |
| Minority Interest | 19.58B | 19.17B | 16.66B | 14.54B | 14.37B | 13.73B | 13.68B | 13.14B | 12.23B | 11.2B | 9.52B | 9.1B | 9.66B | 8.76B | 4.22B | 4.48B | 9.29B | 8.18B | 7.58B | 7.26B |