Apollo Global Management annual debt-to-equity ratio
2021
2022
2023
2024
2025
Apollo Global Management Debt-to-Equity Ratio Growth & History (APO)
Apollo Global Management's debt-to-equity ratio was 0.57 for fiscal 2025.
View full Apollo Global Management company overviewApollo Global Management annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.57 | −0.04 | −6.70% |
| 2024 | 2024-12-31 | 0.61 | 0.04 | +6.51% |
| 2023 | 2023-12-31 | 0.58 | −0.40 | −40.89% |
| 2022 | 2022-12-31 | 0.97 | 0.15 | +17.84% |
| 2021 | 2021-12-31 | 0.83 | — | — |
Apollo Global Management quarterly debt-to-equity ratio
Q4.21
Q1.22
Q2.22
Q4.22
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.65 | 0.02 | +3.97% |
| Q1 2026 | 2026-03-31 | 0.71 | 0.12 | +21.09% |
| Q4 2025 | 2025-12-31 | 0.57 | −0.04 | −6.70% |
| Q3 2025 | 2025-09-30 | 0.55 | −0.00 | −0.56% |
| Q2 2025 | 2025-06-30 | 0.63 | −0.01 | −2.19% |
| Q1 2025 | 2025-03-31 | 0.59 | −0.06 | −9.30% |
| Q4 2024 | 2024-12-31 | 0.61 | 0.04 | +6.51% |
| Q3 2024 | 2024-09-30 | 0.55 | −0.28 | −34.03% |
| Q2 2024 | 2024-06-30 | 0.64 | −0.14 | −18.06% |
| Q1 2024 | 2024-03-31 | 0.65 | — | — |
| Q4 2023 | 2023-12-31 | 0.58 | −0.40 | −40.89% |
| Q3 2023 | 2023-09-30 | 0.83 | — | — |
| Q2 2023 | 2023-06-30 | 0.78 | −0.87 | −52.64% |
| Q4 2022 | 2022-12-31 | 0.97 | 0.15 | +17.84% |
| Q2 2022 | 2022-06-30 | 1.66 | — | — |
| Q1 2022 | 2022-03-31 | 0.56 | — | — |
| Q4 2021 | 2021-12-31 | 0.83 | — | — |
Apollo Global Management debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Apollo Global Management's debt-to-equity ratio decreased from 0.83 to 0.57, a change of −0.25. The latest reported quarter, Q2 2026, shows 0.65.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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