← Apollo Global Management, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $0 | $6.0b |
$11.0b
+84.31%
|
$32.6b
+197.63%
|
$26.1b
-20.00%
|
$32.0b
+22.73%
|
$35.9b
+12.01%
|
|
| Other revenues | $0 | $0 | ($28.0m) | $591.0m | $19.0m | $25.0m | — | |
| Revenues of consolidated variable interest entities | — | — | $440.0m | $1.4b | $1.8b | $2.5b | — | |
| Policy and other operating expenses | $0 | $0 | $1.4b | $1.8b | $2.1b | $2.3b | — | |
| Operating Expenses | $1.6b | $4.1b | $17.5b | $27.3b | $19.0b | $25.3b | $24.6b | |
| Interest Expense, Debt | — | $138.0m | $222.0m | $268.0m | $474.0m | $618.0m | $375.0m | |
| Interest expense | $248.0m | $769.0m | $99.0m | $145.0m | $226.0m | $256.0m | $375.0m | |
| Investment income (loss) | $393.0m | $3.7b | $8.9b | $13.1b | $17.0b | $20.4b | — | |
| Investment Income, Net | — | $3.7b | $1.3b | $1.1b | $1.4b | $1.4b | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | ($153.0m) | $13.0m | $22.0m | $55.0m | — | |
| Other income (loss), net | $36.0m | ($145.0m) | $38.0m | $136.0m | $155.0m | ($136.0m) | — | |
| Total Other income (loss) | ($222.0m) | $3.0b | $697.0m | $273.0m | $303.0m | ($83.0m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $553.0m | $4.9b | ($5.8b) | $5.6b | $7.4b | $6.7b | $7.4b | |
| Current Income Tax Expense (Benefit) | — | $119.0m | $522.0m | $977.0m | $1.2b | $633.0m | $3.1b | |
| Income tax (provision) benefit | ($86.0m) | ($594.0m) | $1.1b | $923.0m | ($1.1b) | ($1.3b) | — | |
| Net income (loss) | $467.0m |
$4.3b
+813.70%
|
($4.7b)
-211.23%
|
$6.5b
+237.15%
|
$6.4b
-2.09%
|
$5.4b
-15.25%
|
$1.1b
-79.26%
|
|
| Net income (loss) attributable to common stockholders – Basic (in dollars per share) | $0 | $7 | ($6) | $8 | $7 | $6 | $1.1b | |
| Net income (loss) attributable to common stockholders – Diluted (in dollars per share) | $0 | $7 | ($6) | $8 | $7 | $6 | $1.1b | |
| Net Income (Loss) Attributable to Parent | $120.0m |
$1.8b
+1432.50%
|
($3.2b)
-274.71%
|
$5.0b
+257.08%
|
$4.6b
-9.31%
|
$3.5b
-23.71%
|
$1.1b
-67.93%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $120.0m |
$1.8b
+1401.67%
|
($3.2b)
-278.30%
|
$5.0b
+255.65%
|
$4.5b
-10.42%
|
$3.4b
-24.22%
|
$1.1b
-67.01%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $2.4b | ($1.5b) | $1.5b | $1.8b | $1.9b | $1.1b | |
| Preferred Stock Dividends, Income Statement Impact | — | $37.0m | $0 | $46.0m | $97.0m | $97.0m | $97.0m | |
| Preferred stock dividends | ($37.0m) | ($37.0m) | $0 | ($46.0m) | ($97.0m) | ($97.0m) | $97.0m | |
| Earnings Per Share, Basic | $0.44 | $7.32 | ($5.57) | $8.32 | $7.39 | $5.58 | $2.84 | |
| Earnings Per Share, Diluted | $0.44 | $7.32 | ($5.57) | $8.28 | $7.33 | $5.54 | $2.81 | |
| Common Stock, Dividends, Per Share, Declared | $0.00 | $2.10 | $1.60 | $1.69 | $1.81 | $1.99 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 227.5m | 236.6m | 584.7m | 581.4m | 586.1m | 589.5m | 592.5m | |
| Weighted average shares outstanding – Basic (in shares) | 227.5m | 236.6m | 584.7m | 581.4m | 586.1m | 589.5m | — | |
| Weighted average shares outstanding – Diluted (in shares) | 227.5m | 236.6m | 584.7m | 588.8m | 604.0m | 593.7m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 227.5m | 236.6m | 584.7m | 588.8m | 604.0m | 593.7m | 594.3m | |
| Additional Financial Items | ||||||||
| Amortization of deferred acquisition costs, deferred sales inducements and value of business acquired | $0 | $0 | $513.0m | $688.0m | $941.0m | $1.2b | — | |
| Compensation and benefits | $1.1b | $3.5b | $1.9b | $2.7b | $2.6b | $3.0b | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | — | — | $25.0m | — | — | — | — | |
| Future policy and other policy benefits | $0 | $0 | $12.3b | $14.4b | $3.1b | $4.4b | — | |
| General, administrative and other | $357.0m | $482.0m | $682.0m | $872.0m | $1.2b | $1.5b | — | |
| Interest sensitive contract benefits | $0 | $0 | $541.0m | $6.2b | $8.9b | $12.1b | — | |
| Investment related gains (losses) | ($455.0m) | $2.6b | ($12.6b) | $1.4b | $2.0b | $1.5b | — | |
| Market risk benefits remeasurement (gains) losses | — | $0 | ($1.7b) | $404.0m | ($102.0m) | $452.0m | — | |
| Net (income) loss attributable to non-controlling interests | ($310.0m) | ($2.4b) | $1.5b | ($1.5b) | ($1.8b) | ($1.9b) | $1.1b | |
| Net gains (losses) from investment activities | — | — | $165.0m | $7.0m | $58.0m | ($251.0m) | — | |
| Net gains (losses) from investment activities of consolidated variable interest entities | — | — | $494.0m | $130.0m | $90.0m | $304.0m | — | |
| Premiums | $0 | $0 | $11.6b | $12.7b | $1.3b | $2.6b | — | |
| Product charges | $0 | $0 | $718.0m | $848.0m | $1.0b | $1.1b | — | |
| Property management, development and other fees | — | — | — | $0 | $0 | $32.0m | — | |
| Total Expenses | $1.6b | $4.1b | $17.5b | $27.3b | $19.0b | $25.3b | $24.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.