Apollo Global Management Return on Equity (ROE) Growth & History (APO)
Apollo Global Management's return on equity was 17.20% for fiscal 2025.
View full Apollo Global Management company overviewApollo Global Management annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 17.20% | −12.04 pp |
| 2024 | 2024-12-31 | 29.25% | −19.55 pp |
| 2023 | 2023-12-31 | 48.80% | +86.41 pp |
| 2022 | 2022-12-31 | −37.61% | −77.15 pp |
| 2021 | 2021-12-31 | 39.54% | — |
Apollo Global Management quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 6.65% | +3.27 pp |
| Q1 2026 | 2026-03-31 | −8.81% | −11.31 pp |
| Q4 2025 | 2025-12-31 | 2.94% | −5.52 pp |
| Q3 2025 | 2025-09-30 | 8.18% | +3.28 pp |
| Q2 2025 | 2025-06-30 | 3.38% | −2.30 pp |
| Q1 2025 | 2025-03-31 | 2.51% | −7.39 pp |
| Q4 2024 | 2024-12-31 | 8.46% | −16.05 pp |
| Q3 2024 | 2024-09-30 | 4.89% | −3.29 pp |
| Q2 2024 | 2024-06-30 | 5.68% | −2.38 pp |
| Q1 2024 | 2024-03-31 | 9.90% | — |
| Q4 2023 | 2023-12-31 | 24.51% | +0.37 pp |
| Q3 2023 | 2023-09-30 | 8.18% | +56.30 pp |
| Q2 2023 | 2023-06-30 | 8.06% | +30.37 pp |
| Q4 2022 | 2022-12-31 | 24.15% | +18.90 pp |
| Q3 2022 | 2022-09-30 | −48.12% | — |
| Q2 2022 | 2022-06-30 | −22.31% | — |
| Q1 2022 | 2022-03-31 | −5.43% | — |
| Q4 2021 | 2021-12-31 | 5.25% | — |
Apollo Global Management return on equity trends
Between the periods ended 2021-12-31 and 2025-12-31, Apollo Global Management's return on equity decreased from 39.54% to 17.20%, a change of −22.34 percentage points. The latest reported quarter, Q2 2026, shows 6.65%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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