Apollo Global Management, Inc. (APOS) intrinsic value & 10-year financials
Apollo Global Management, Inc. (APOS) has a Graham intrinsic value of $184.01 per share. Over the last 7 fiscal years revenue grew 68.6% a year to $32.0B, with an average return on invested capital of 64.7%.
- Graham intrinsic value
- $184.01
- Revenue (FY2025)
- $32.0B
- Revenue growth (7-yr CAGR)
- 68.6%
- ROIC (10-yr avg)
- 64.7%
- Free cash flow (FY2025)
- —
APOS 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $32.0B | $3.5B | $5.54 | — | — | 26.0% |
| FY2024 | $26.1B | $4.6B | $7.33 | — | — | 60.3% |
| FY2023 | $32.6B | $5.0B | $8.28 | — | — | 432.5% |
| FY2022 | $11.0B | -$3.2B | -$5.57 | — | — | -165.0% |
| FY2021 | $6.0B | $1.8B | $7.32 | — | — | 30.6% |
| FY2020 | $2.4B | $157.0M | $0.44 | — | — | 3.7% |
| FY2019 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Apollo Global Management, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Apollo Global Management, Inc. has earned high returns on invested capital, averaging 20.6% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Apollo Global Management, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Apollo Global Management, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $184.01 per share.