Apollo Global Management, Inc.

APOSNYSEFinancial Services● Active

$25.41

$-0.18(-0.70%)

Market Cap$14.7B

P/E Ratio—

52W High$27.43

52W Low$25.25

Avg Volume51K

Open$25.55

Beta1.60

Free Cash Flow Financials Revenue

Apollo Global Management, Inc. (APOS) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

APOS · free cash flow · updated Jun 8, 2026

Core FCF metrics

APOS · FCF · TTM · margin & CAGR

Free cash flow was $7.45B for FY2025 (fiscal year ending 2025-12-31), up 129.1% year-over-year The FCF margin was 24.6%.

FY2025 Free Cash Flow$7.45B▲ +129.1% YoY

Trailing 12M (TTM)$6.00Btrailing 4 quarters sum

FCF Margin24.6%$7.45B ÷ revenue

3-Year CAGR+27.6%FY2022 → FY2025

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

APOS · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$7.45B(0M)$7.45B▲ +129.1%24.6%

FY2024$3.25B(0M)$3.25B▼ 48.5%12.5%

FY2023$6.32B(0M)$6.32B▲ +76.3%19.4%

FY2022$3.79B(203M)$3.59B▲ +258.9%32.7%

FY2021$1.06B(65M)$999.3M▲ +159.6%16.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

APOS · P/FCF · FCF yield · FCF per share

Apollo Global Management, Inc. (APOS) trades at a FCF yield of 8.13% and a price-to-free-cash-flow ratio of 2.6x. FCF per share stands at $9.88, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

8.13%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$9.88

TTM FCF ÷ Shares Outstanding

Price / FCF

x2.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x10.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

APOS · cash flow statement · operating / investing / financing

For FY2025, Apollo Global Management, Inc. generated $7.45B in operating cash flow and spent 0M in capital expenditures, yielding $7.45B in free cash flow.

Operating Activities

+$7.45B

Cash from core business operations

2025-12-31

Investing Activities

−$61.24B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$57.27B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($7.45B) − |CapEx| (0M) = FCF ($7.45B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

APOS vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Apollo Global Management, Inc.YOU

APOS

$7.45B+129.1%24.6%

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Apollo Global Management, Inc. (APOS) reported free cash flow of $7.45B for FY2025 (fiscal year ending 2025-12-31), up 129.1% year-over-year. The FCF margin was 24.6%.

Based on available data, Apollo Global Management, Inc. has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $7.45B in FY2025.

Apollo Global Management, Inc.'s FCF yield is 8.13% and price-to-FCF ratio is 2.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

APOS free cash flow · 8 questions

Apollo Global Management, Inc. free cash flow was $7.45B for FY2025, up 129.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $6.00B.

APOS free cash flowAPOS FCFAPOS FCF 2025APOS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Apollo Global Management, Inc. · Apollo Global Management, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026