The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

APO

Concerning the House

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. For credit strategies, the firm focuses to invest in multi-sector credit, semi-liquid credit, direct lending, first lien, unitranche, whole loans and private credit. The firm provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds for its clients. It also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its fixed income investments include income-oriented senior loans, bonds, collateralized loan obligations, structured credit, opportunistic credit, non-performing loans, distressed debt, mezzanine debt, and value oriented fixed income securities. The firm seeks to invest in chemicals, commodities, consumer and retail, oil and gas, metals, mining, agriculture, commodities, distribution and transportation, financial and business services, manufacturing and industrial, media distribution, cable, entertainment and leisure, telecom, technology, natural resources, energy, packaging and materials, and satellite and wireless industries. It also focuses on clean energy, sustainable industry, climate solutions, energy transition, industrial decarbonization, sustainable mobility, sustainable resource use, and sustainable real estate. It seeks to invest in companies based in across Africa, Asia, North America with a focus on United States, Western Europe and Europe. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $75 million and $1500 million. The firm seeks to invest in companies with Enterprise value between $750 million to $2500 million. The firm conducts in-house research to create its investment portfolio. It seeks to acquire minority and majority positions in its portfolio companies. Apollo Global Management, Inc. was founded in 1990 and is headquartered in New York, New York with additional offices in North America, Asia, Africa and Europe.

United States · www.apollo.com/institutional/homepage

The Long Run

FY 2022–2025 · 4 years

LineLatestCAGRTrend
Revenue$26.11B+63.7%
Net income$4.58B-4.8%
Cash from ops$7.25B+7.1%
Quotation

$143.58

+4.97 (+3.6%)

52w hi$151.44
52w lo$99.88
Vol2.98M
As ofAug 13
The Verdict

Hold

Our score +0.15

Short-0.13
Medium+0.21
Long+0.60

computed 2026-08-13

By the Numbers

Apollo Global Management, Inc.

Financial Services · Asset Management

Market cap$84.79B
Enterprise value$88.62B
Trailing P/E51.10x
Forward P/E13.38x
EV / EBITDA
P / S (ttm)2.38x
Profit margin5.3%
Return on equity11.4%
Revenue growth+63.8%
Earnings growth+117.2%
Debt / equity33.09
Risk Metrics
Beta vs SPX1.58
Corr SPX0.65
Annual vol39.7%
Annual ret+24.4%
Sharpe0.61
Max DD-43.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.42
Sector+0.09
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$138.85$144.11$138.49$143.582.98M
Aug 12$141.59$141.60$136.93$138.614.21M
Aug 11$132.50$140.98$132.26$140.285.78M
Aug 10$126.94$132.08$126.74$132.024.57M
Aug 7$128.21$129.37$126.86$127.444.05M