Apollo Global Management Inc - Ordinary Shares - Class A (New)
APO
Market Cap$60.9B
Close$
Earnings Call Q4 2023
February 8, 2024 - AI Summary
Apollo Global Management reported strong fourth quarter and full year 2023 results, with fee-related earnings (FRE) and spread-related earnings (SRE) growing over 25% to a record $4.9 billion for the year.
The company achieved its financial targets for the year and expects mid-teens-plus compound earnings growth in the coming years, aiming to double total earnings to $5.5 billion by 2026.
Apollo sees opportunities in the changing investment landscape, including a fundamental rethink of the difference between public and private markets, the commoditization of public market returns, the entry of high net worth individuals into alternative investments, and the retirement savings crisis.
Exclusive for Stockcircle Pro members
Sign up
$109.06
2.5% downside
Current Fair Value
2.5% downsideOvervalued by 2.5% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $60.90 Billion |
|---|---|
| Enterprise Value | $53.06 Billion |
| Dividend Yield | $1.7086 (1.59%) |
| Earnings per Share | $8.21 |
| Beta | 1.22 |
| Outstanding Shares | 567,555,284 |
| Avg 30 Day Volume | 1,956,616 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 12.6 |
|---|---|
| PEG | 3.34 |
| Price to Sales | 1.96 |
| Price to Book Ratio | 4.66 |
| Enterprise Value to Revenue | 1.63 |
| Enterprise Value to EBIT | 9.72 |
| Enterprise Value to Net Income | 10 |
| Total Debt to Enterprise | 0.15 |
| Debt to Equity | 0.58 |
Revenue Sources
No data
ESG Score
No data
About Apollo Global Management Inc
2,949 employees
CEO: Leon Black apollo global management, llc and its subsidiaries ("apollo") is a leading global alternative investment manager. we are contrarian, value-oriented investors in private equity, credit and real estate, with significant distressed expertis...