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Apollo Global ManagementBSP:A1PO34 +7.25%58 Return-on-Tangible-Asset is 1.14% as of Jun. 2026, which is 27% below its 10-year median of 1.57. GuruFocus rates BSP:A1PO34 with a GF Score™ of 58/100 and a GF Value™ of R$47.51 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,631 Asset Management companies, Apollo Global Management ranks worse than 71.67% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Apollo Global Management's annualizedNet Income for the quarter that ended in Jun. 2026 was R$27,896 Mil. Apollo Global Management's average total tangible assets for the quarter that ended in Jun. 2026 was R$2,457,668 Mil. Therefore, Apollo Global Management's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.14%.
The historical rank and industry rank for Apollo Global Management's Return-on-Tangible-Asset or its related term are showing as below:
BSP:A1PO34'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.38 Med: 1.57 Max: 11.78
Current: 0.41
During the past 13 years, Apollo Global Management's highest Return-on-Tangible-Asset was 11.78%. The lowest was -1.38%. And the median was 1.57%.
BSP:A1PO34's Return-on-Tangible-Asset is ranked worse than 71.67% of 1631
companies
in the Asset Management industry
Industry Median: 4.58
vs BSP:A1PO34: 0.41
Apollo Global Management (BSP:A1PO34) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Apollo Global Management Return-on-Tangible-Asset Related Terms
Apollo Global Management Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Apollo Global Management's Return-on-Tangible-Asset 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.
Apollo Global Management Return-on-Tangible-Asset Chart
BSP:A1PO34 vs KKR, STT, AMP: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Apollo Global Management's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Apollo Global Management's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Apollo Global Management's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.14% mean?
Apollo Global Management (BSP:A1PO34) has a Return-on-Tangible-Asset of 1.14% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Apollo Global Management and its competitors. This is 27% below median its historical median of 1.57. According to the industry distribution chart, Apollo Global Management ranks #1169 out of 1631 companies in the Asset Management industry, placing it in the top 71.7%.
Is Apollo Global Management's Return-on-Tangible-Asset too high?
Apollo Global Management's current Return-on-Tangible-Asset of 1.14% is 27% below median its 10-year median of 1.57. The Asset Management industry median Return-on-Tangible-Asset is 4.58. Apollo Global Management's value of 1.14% is 75.1% below this industry median. Based on the distribution chart, Apollo Global Management ranks #1169 out of 1631 companies in the Asset Management industry, which is below the industry midpoint. Overall, Apollo Global Management has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apollo Global Management's Return-on-Tangible-Asset compare to KKR and STT?
According to the Asset Management industry distribution chart, Apollo Global Management ranks #1169 out of 1631 companies for Return-on-Tangible-Asset. This places Apollo Global Management in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.58. Apollo Global Management's value of 1.14% is 75.1% below this benchmark. While the company's 10-year median is 1.57 vs. the industry median of 4.58, Apollo Global Management has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.58, based on 1,631 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apollo Global Management's current Return-on-Tangible-Asset of 1.14% is 75.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Apollo Global Management and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Global Management's current Return-on-Tangible-Asset is 1.14%, which is 27% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Global Management stock overvalued right now?
Based on GuruFocus' analysis, Apollo Global Management (BSP:A1PO34) is currently considered Fairly Valued. The stock's GF Value™ is R$47.51, compared to a current price of R$48.09 — trading 1.2% above its estimated fair value. The current Return-on-Tangible-Asset is 1.14%, which is 27% below median its 10-year median of 1.57 and 75.1% below the Asset Management industry median of 4.58. Apollo Global Management's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Apollo Global Management (BSP:A1PO34), the current Return-on-Tangible-Asset is 1.14% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Apollo Global Management (BSP:A1PO34) Overvalued in 2026?
Based on GuruFocus' analysis, Apollo Global Management stock appears to be overvalued.
The current stock price of R$48.09 is trading 1.2% above its estimated GF Value™ of R$47.51.
GuruFocus considers Apollo Global Management to be Fairly Valued.
Key valuation signals for BSP:A1PO34:
Return-on-Tangible-Asset: 1.14% (27% below median its 10-year median of 1.57)
GF Value™: R$47.51 vs. price of R$48.09 (1.2% above fair value)
Industry Position: 75.1% below the Asset Management median (#1169 of 1631)
No single metric tells the full story. See the BSP:A1PO34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apollo is one of the world's largest alternative asset managers, with $938.4 billion in total assets under management, or AUM, including $709.1 billion in fee-earning assets, at the end of 2025. The company has two core operating segments: asset management and retirement services. Apollo operates with scale in each of its major product lines—private equity (with $128.4 billion in total AUM and $75.0 billion in fee-earning AUM), real estate/real assets ($60.8 billion/$27.6 billion), and credit ($749.2 billion/$606.5 billion). Apollo has a distribution profile that is likely not too far off from the industry averages—with 84% of its assets held by institutional investors and 16% by high-net-worth clients.
58GF Score
Get the complete analysis for BSP:A1PO34
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