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 |
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 |