Apollo Global Management Inc (N:APO)

Business Focus: Investment Management & Fund Operators

Sector:  Financials Industry:  Investment Management & Fund Operators
 
See Regulatory Filings on SEC
Company Contact
Address: 9 West 57Th Street, 42Nd Floor
NEW YORK NY 10019
Tel: N/A
Website: https://www.apollo.com
IR: See website
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Key People
Martin B. Kelly
Chief Financial Officer
James Richard Belardi
Chief Executive Officer of AHL and Director
Scott M. Kleinman
Co-President of AAM, Director
James C. Zelter
Co-President of AAM, Director
Whitney Chatterjee
Chief Legal Officer
 
Business Overview
Apollo Global Management, Inc. is a global alternative asset manager and a retirement services provider. It operates in three segments: Asset Management, Retirement Services and Principal Investing. The Asset Management segment focuses on three investing strategies: yield, hybrid, and equity. These strategies reflect the range of investment capabilities across its platform based on relative risk and return. The Retirement Services business is conducted by Athene Holding Ltd (Athene), a financial services company that specializes in issuing, reinsuring, and acquiring retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. Athene product lines include annuities and funding agreements. The Principal Investing segment includes realized performance fee income, realized investment income from its balance sheet investments, and certain allocable expenses related to corporate functions supporting the entire company.
Financial Overview
For the fiscal year ended 31 December 2023, Apollo Global Management Inc revenues increased from $9.73B to $30.75B. Net income applicable to common stockholders totaled $4.84B vs. loss of $2.01B. Revenues reflect Adjustments segment increase from $458M to $19.07B, Retirement Service segment increase of 39% to $9.68B. Net Income reflects Management fees increase of 18% to $1.77B (income).
Employees: 4,879 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $57,693M as of Dec 31, 2023
Annual revenue (TTM): $30,751M as of Dec 31, 2023
EBITDA (TTM): $7,520M as of Dec 31, 2023
Net annual income (TTM): $4,837M as of Dec 31, 2023
Free cash flow (TTM): $5,288M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 568,161,277 as of Feb 23, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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