Apollo (APO): analysis in plain words
Is Apollo cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
Apollo (APO) is listed on the NYSE and we classify it in financial services and payments. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against Apollo according to those figures, and the questions people ask most about the stock. No buy or sell tips.
Apollo (APO) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | $122.76 | Last price on November 4, 2026 |
| P/E ratio (TTM) | N/A | Price over earnings per share |
| Revenue growth | -52.3% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | -3.0% | Profit for every 100 of sales |
| Net debt / EBITDA | N/A | Years of operating profit to repay debt |
| Dividend yield | 1.98% | Annual dividend over price |
| Market cap | $72.5 billion | What the stock market values it at |
The Apollo figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any APO figure that is not available shows as N/A: we do not estimate it.
How Apollo makes money
Apollo Global Management pairs an alternative asset manager focused on private credit, private equity and infrastructure with Athene, an insurer selling annuities and retirement products in the United States. Its segments are Asset Management, Retirement Services through Athene, and Principal Investing.
Over the last 12 months, Apollo brought in revenue of $30.5 billion. For every 100 it sells, Apollo keeps 26.5 after the direct cost of what it sells (gross margin) and -45.0 after all operating costs (operating margin). With 6,140 full-time employees, that is about $5 million of revenue per employee.
Apollo against its sector
To know whether a Apollo figure is high or low you have to put it next to similar companies. This table compares Apollo with the median of the 21 financial services and payments companies Fintols covers, with data as of November 4, 2026.
| Figure | Apollo | financial services and payments median |
|---|---|---|
| Revenue growth | -52.3% | +12.4% (24) |
| Net margin | -3.0% | 25.8% (24) |
| Dividend yield | 1.98% | 0.81% (24) |
In short, against the typical financial services and payments company, Apollo grows more slowly, earns a thinner margin and pays a higher dividend yield. By size, Apollo ranks number 14 of 22 financial services and payments companies quoted in USD on Fintols.
The bull case for Apollo
The Apollo figures as of November 4, 2026 show no clear strength against its sector. The bull case would depend on Apollo managing to get back to selling more than a year earlier, and that is not yet visible in the numbers.
The main risk for Apollo
Apollo sales fell 52.3% in the latest quarter against the same quarter a year earlier: if the decline drags on, profit usually follows.
On top of that: apollo is losing money: its net margin over the last 12 months is -3.0%, so it spends more than it brings in. Until it turns a profit it relies on its cash or on raising money.
And, like the rest of financial services and payments, Apollo is exposed to a drop in the payment, investment or trading volumes it earns fees on, plus regulation.
Frequently asked questions about Apollo
Is it a good time to buy Apollo stock?
Fintols does not tell you whether to buy or sell Apollo, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, Apollo stock trades at $122.76, 20% below its 52-week high ($153.29) and 23% above its low ($99.56). With Apollo, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does Apollo pay a dividend?
Yes. As of November 4, 2026, Apollo pays $2.25 per share a year, which at today's price is a yield of 1.98%. It uses 75% of its profit to pay it. Its average dividend yield over the last five years is 1.79%. The financial services and payments median on Fintols is 0.81%.
Is Apollo stock expensive?
Apollo has no meaningful P/E as of November 4, 2026 because its last 12 months of earnings are negative or close to zero, so that yardstick cannot tell you whether it is expensive. A high P/E alone does not make Apollo expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are Apollo's competitors?
On Fintols we compare Apollo with Moody's, Intercontinental Exchange and CME Group, which are also in financial services and payments. As of November 4, 2026, Moody's is worth $91.1 billion and trades on a P/E of 32.4; Intercontinental Exchange is worth $97.8 billion and trades on a P/E of 23.8; CME Group is worth $110.3 billion and trades on a P/E of 25.3. Each has a side-by-side comparison with Apollo below.
Apollo competitors
- Moody's (MCO) analysis · Apollo vs Moody's comparison
- Intercontinental Exchange (ICE) analysis · Apollo vs Intercontinental Exchange comparison
- CME Group (CME) analysis · Apollo vs CME Group comparison
To understand Apollo better
- Economic Moats Explained: From Warren Buffett to AI
- 7 Common Beginner Investing Mistakes (and How to Avoid Them)
More companies like Apollo: financial services and payments stocks and S&P 500 companies. Open the full APO analysis with its valuation and scenarios. Educational content about Apollo, not investment advice.