Apollo Global Management

Apollo Global Management, Inc. provides asset management services. It offers its clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. The company was founded in 1990 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Apollo Global Management excels in Q1 earnings and strategic positioning

Apollo Global Management's Q1 performance reflects strong earnings and strategic positioning in various business segments. The company's focus on low purchase prices, recurring income streams, and growth investments bodes well for future success.

Apollo Global Management reports record earnings and eyes strategic growth

Apollo Global Management's Q2 2023 Earnings Call showcased strong financial performance, particularly in fee-related and spread-related earnings. The company's focus on private equity, private credit, and strategic growth opportunities positions it well for future success despite anticipated challenges.

Apollo Global Management reports record earnings and outlines growth strategies

Apollo Global Management's Q3 2023 earnings call highlighted record earnings, strong performance in key business segments, and strategic initiatives for future growth. The company remains focused on disciplined strategies, aligning incentives, and navigating market challenges to capitalize on growth opportunities. Investors should pay attention to their continued success in asset management and retirement services.

Apollo Global Management reports record earnings and strategic growth plans

Apollo Global Management's Q4 2023 earnings call highlighted strong financial performance, strategic focus on growth, and cautious approach to expansion. The company aims to double earnings by 2026, increase origination capabilities, and pivot towards hybrid investments. Challenges include managing return differentials, capital allocation, and maintaining quality in growth strategies.

Apollo Global Management reports robust Q1 results and eyes growth opportunities

Apollo Global Management's Q1 performance reflects strong financial results, record inflow, and capital formation, positioning the company for continued growth.
Despite challenges such as higher costs impacting SRE, Apollo's focus on managing costs, strategic investments, and growth opportunities bode well for the future.
The company's strengths in investment returns, risk management, and partnerships, coupled with opportunities in private markets and asset-backed finance, showcase a promising outlook.
Navigating challenges like tax rate increases and market uncertainties, Apollo remains focused on sustainable growth, delivering value to shareholders, and seizing opportunities ahead.

Apollo Global Management reports record earnings and growth opportunities

Apollo Global Management delivered strong financial results, driven by record inflows and robust performance across its franchises. While facing challenges such as lower net spread and growth expectations, the company remains well-positioned for growth. With opportunities in expanding markets and a clear growth strategy, Apollo shows resilience and potential for future success.

Apollo Global Management reports record earnings and outlines ambitious growth targets

Apollo Global Management's Q3 performance reflects strong financial results, ambitious growth targets, and strategic focus on key areas like retirement services and origination capacity. The company's strengths lie in robust fee-related earnings, disciplined cost management, and solid spread profitability. Challenges include maintaining growth momentum, optimizing capital allocation, and managing potential margin headwinds. Opportunities exist in various sectors like industrial renaissance, retirement solutions, and innovative private assets.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Apollo Global Management, Inc. provides asset management services. It offers its clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. The company was founded by Marc Rowan in 1990 and is headquartered in New York, NY.

Horizon Kinetics Spac Active ETF

PARIS & ARNHEM, the Netherlands & NEW YORK--(BUSINESS WIRE)--Allego Holding B.V. (“Allego” or “the “Company”), a leading pan-European electric vehicle charging network, announced today that it will present at Cowen's 14th Annual Global Transportation & Sustainable Mobility Conference. Members of management will present on Friday, September 10, at 8:00 am ET. A webcast of the event will be available at the link HERE. Allego has previously announced that it entered into a business combination

Allego, a Leading pan-European EV Charging company, to Present at Cowen's 14th Annual Global Transportation & Sustainability Mobility Conference

Verizon

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself formerly known as Oath) from Verizon. The deal is worth $5 billion, with $4.25 billion in cash, plus preferred interests of $750 million.

Apollo completes its $5B acquisition of Verizon Media, now known as Yahoo

NEW YORK, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds managed by its affiliates (the “Apollo Funds”) have completed the acquisition of Yahoo - formerly Verizon Media - one of the world's premier global technology and media companies. With the close of the transaction, Yahoo will now operate as a standalone company under Apollo Funds. Verizon has retained a 10% stake in Yahoo.

Apollo Funds Complete Acquisition of Yahoo

Apollo had said it planned to work with Verizon Media CEO Guru Gowrappan and his team, but the firm hasn't defined new roles to existing management, sources say.

Verizon Media executives still don't know if they'll have jobs as Apollo seeks to close Yahoo deal on Sept. 1

DURHAM, N.C. and NEW YORK, Aug. 25, 2021 /PRNewswire/ -- Funds (the "Apollo Funds") managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, "Apollo") (NYSE:APO) today announced a $150 million equity commitment to FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading integration services and software technology provider for energy storage solutions in the US and globally.

Funds Managed by Affiliates of Apollo Global Management Announce $150 Million Equity Commitment to FlexGen Power Systems, Inc.

Apollo Global Management Inc is raising $500 million for a fund to invest in special purpose acquisition companies (SPACs), the buyout firm's latest move to capitalize on the investment trend, people familiar with the matter said on Tuesday.

Apollo seeks $500 million fund to invest in SPACs -sources

Hanesbrands

Janus Henderson Group

Mercantile Bank

MBWM, JHG, HBI, and APO made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 24, 2021.

Top Ranked Income Stocks to Buy for August 24th

Armada Hoffler Properties

Interpublic Group of Companies

Whitestone REIT

AHH, WSR, APO, and IPG made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 20, 2021.

Top Ranked Income Stocks to Buy for August 20th

NEW YORK, Aug. 20, 2021 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the appointment of Noah Gunn as Managing Director and Global Head of Investor Relations. In this role, Mr. Gunn will be responsible for the development and execution of Apollo's investor relations strategy, leading the Firm's engagement with current and prospective shareholders, as well as the sell-side analyst community. Mr. Gunn will report to Martin Kelly, Chief Financial Officer and Co-Chief Operating Officer of Apollo, and be based in New York.

Apollo Names Noah Gunn Global Head of Investor Relations

Technology partnership with Interprefy provides flexible, real-time audio interpretation in 26 languages Technology partnership with Interprefy provides flexible, real-time audio interpretation in 26 languages

Intrado Digital Media Enhances Multi-lingual Capabilities within Industry Leading Webcasting Solution

Intrado Digital Media expands its leadership position as the world's largest technology platform uniquely built for today's omnichannel event marketplace Intrado Digital Media expands its leadership position as the world's largest technology platform uniquely built for today's omnichannel event marketplace

Intrado Acquires Hubb, Transforming the Future of Global Events

Johnson Controls

CORK, Ireland and NEW YORK, Aug. 12, 2021 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, and funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO), a leading global alternative asset manager, today announced a strategic partnership providing sustainability and energy efficiency services to help customers address decarbonization and operating cost goals for their buildings. New venture combines Apollo's strategic capital with Johnson Controls' cutting edge OpenBlue services The new venture is intended to provide customers across the United States and Canada with performance-based energy efficiency and smart buildings services at no upfront costs and with predictable monthly fees.

Johnson Controls and Apollo Infrastructure join forces to pursue innovative sustainability and energy efficiency services for commercial buildings

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Shutterfly, a pioneer in online photo sharing and leading digital retail and manufacturing platform for personalized products, announced today that it has completed the acquisition of Spoonflower, a global marketplace of custom fabric, wallpaper and home decor, in an acquisition for approximately $225 million of enterprise value subject to certain working capital and other adjustments. This acquisition will increase the depth and breadth of what people can

Shutterfly Acquires Spoonflower in Major Expansion Beyond Photo Personalization

Intrado joins Mission Critical Alliance to advance and accelerate the development and adoption of interoperable public safety technologies Intrado joins Mission Critical Alliance to advance and accelerate the development and adoption of interoperable public safety technologies

Intrado Announces Affiliation with L3Harris Technologies' Mission Critical Alliance

NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Apollo European Principal Finance Fund III (“Apollo EPF III”), a fund managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, “Apollo”) (NYSE:APO), today announced it has entered into a definitive agreement with the Italian pension fund Fondazione Ente Nazionale di Previdenza ed Assistenza dei Medici e degli Odontoiatri (“ENPAM”) to acquire ENPAM's directly owned portfolio of real estate assets (the “Portfolio”) for €842 million.

Apollo's European Principal Finance Business to Acquire Real Estate Assets from ENPAM

Apollo Global Management, Inc. (APO) CEO Marc Rowan on Q2 2021 Results - Earnings Call Transcript

Supports Company's Crucial Role in Providing Sustainable Biomass Wood Pellets to Fuel the Energy Transition and European Renewable Energy Targets

Apollo Funds to Acquire Majority Stake in Leading Sustainable Bioenergy Producer AS Graanul Invest

NEW YORK, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Newport Merger Sub, Inc. (the “Merger Sub”), an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, “Apollo”), has received the requisite consents to amend certain terms of the Indenture, dated as of October 28, 2020, by and among The New Home Company Inc. (“The New Home Company”), the guarantors party thereto and U.S. Bank National Association, as trustee (the “Trustee”), as supplemented by the First Supplemental Indenture dated as of February 24, 2021, the Second Supplemental Indenture dated as of March 9, 2021, the Officer's Certificate dated as of February 24, 2021 and by the Global Security for the 7.250% Senior Notes due 2025, as further amended or supplemented (the “Indenture”) governing The New Home Company's 7.250% Senior Notes due 2025 (the “Notes”) in connection with the previously announced solicitation of consents (the “Consent Solicitation”) from holders of the Notes.

Newport Merger Sub, Inc. announces successful receipt of requisite consents relating to The New Home Company Inc.'s 7.250% Senior Notes due 2025

Apollo Global Management Inc said on Wednesday its second-quarter distributable earnings more than doubled thanks to a surge in profits from asset sales in its private equity, credit and real estate businesses.

Apollo second-quarter earnings more than double on strong asset sales

NEW YORK, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2021.

Apollo Global Management, Inc. Reports Second Quarter 2021 Results

Transaction to accelerate fiber build to millions of American homes and businesses

Apollo Funds to Acquire U.S.-Based Telecom Platform from Lumen Technologies

Lumen Technologies

DENVER, Aug. 3, 2021 /PRNewswire/ --  Lumen Technologies  (NYSE: LUMN) today announced it has entered into a definitive agreement to sell its ILEC (incumbent local exchange carrier) business, including its consumer, small business, wholesale and mostly copper-served enterprise customers and assets, in 20 states to funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (the "Apollo Funds") for $7.5 billion, including debt assumption of approximately $1.4 billion, and subject to working capital and various other purchase price adjustments. Under the terms of the transaction, Lumen will retain its ILEC assets in 16 states, as well as its national fiber routes and CLEC (competitive local exchange carrier) networks1 as it delivers the fastest, most-secure platform for next-gen business applications and data.

Lumen to sell local incumbent carrier operations in 20 states to Apollo Funds for $7.5 billion

Equity investments in JSW Cement Ltd. and Global Schools Group to Fuel Growth Plans Equity investments in JSW Cement Ltd. and Global Schools Group to Fuel Growth Plans

Apollo Hybrid Value Funds Invest in Leading Asia-Based Businesses

Hilton Grand Vacations

ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Completes Acquisition of Diamond Resorts

Hilton Grand Vacations Completes Acquisition of Diamond Resorts

Preferred Equity Investment Supports FirstDigital's Acquisition of Veracity Networks and Broader Expansion Preferred Equity Investment Supports FirstDigital's Acquisition of Veracity Networks and Broader Expansion

News for Apollo Global Management Stock (APO)