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APO (Apollo Global Management) EBIT : $7,774 Mil (TTM As of Dec. 2024)


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What is Apollo Global Management EBIT?

Apollo Global Management's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was $1,816 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was $7,774 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Apollo Global Management's annualized ROC % for the quarter that ended in Dec. 2024 was 1.82%. Apollo Global Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Apollo Global Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -8.17%.


Apollo Global Management EBIT Historical Data

The historical data trend for Apollo Global Management's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apollo Global Management EBIT Chart

Apollo Global Management Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 934.00 5,768.00 -4,025.00 5,844.00 7,774.00

Apollo Global Management Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,041.00 2,263.00 1,527.00 2,168.00 1,816.00

Competitive Comparison of Apollo Global Management's EBIT

For the Asset Management subindustry, Apollo Global Management's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apollo Global Management's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Apollo Global Management's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Apollo Global Management's EV-to-EBIT falls into.



Apollo Global Management EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,774 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Apollo Global Management  (NYSE:APO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Apollo Global Management's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=7688 * ( 1 - 3.6% )/( (400117 + 415828)/ 2 )
=7411.232/407972.5
=1.82 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Apollo Global Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7264/( ( (0 + max(-257038, 0)) + (0 + max(-268669, 0)) )/ 2 )
=7264/( ( 0 + 0 )/ 2 )
=7264/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 967) - (12569 + 245436 + 0)
=-257038

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 946) - (15978 + 253637 + 0)
=-268669

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Apollo Global Management's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=7774/-95139.905
=-8.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Apollo Global Management EBIT Related Terms

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Apollo Global Management Business Description

Traded in Other Exchanges
Address
9 West 57th Street, 42nd Floor, New York, NY, USA, 10019
Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Asset Management, Retirement Services, and Principal Investing. It generates maximum revenue from the Retirement Services segment.
Executives
Martin Kelly officer: Chief Financial Officer APOLLO GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 48TH FLOOR, NEW YORK NY 10019
Louis-jacques Tanguy officer: Chief Acct. Off. & Controller C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
James C Zelter director, officer: Co-President (See Remarks) APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, 14TH FLOOR, NEW YORK NY 10019
Scott Kleinman director, officer: Co-President (See Remarks) C/O APOLLO MANAGEMENT L P, 1301 AVENUE OF THE AMERICANS 38TH FL., NEW YORK NY 10018
Leon D Black 10 percent owner, other: See remarks. APOLLO ADVISORS LP, 1301 AVENOE OF THE AMERICAS, NEW YORK NY 10019
Mitra O'neill director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Pauline Richards director ARIES PARTNERS AND ARMOUR REINSURANCE LT, 11 CHURCH STREET, P.O. BOX HM 66, HAMILTON HM 11 D0 00000
A B Krongard director C/O UNDER ARMOUR, INC., 1020 HULL STREET, BALTIMORE MD 21230
Joshua Harris other: See Remarks 404 WASHINGTON AVE, PH 810, MIAMI FL 33139
Mjh Partners Ii Llc other: See Remarks 404 WASHINGTON AVE, PH 810, MIAMI FL 33139
Patrick Toomey director C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 42ND FLOOR, NEW YORK NY 10019
John J Suydam officer: Chief Legal Officer C/O APOLLO MANAGEMENT LP, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Clayton Walter Joseph Iii director C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Jessica M Bibliowicz director NATIONAL FINANCIAL PARTNERS CORP., 340 MADISON AVENUE, 20TH FL, NEW YORK NY 10173
James Richard Belardi director, officer: CEO of Athene Holding Ltd. C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11