APOLLO GLOBAL MANAGEMENT, INC. (APO) Return on equity 2020–2025
APOLLO GLOBAL MANAGEMENT, INC. (APO) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
14.5%FY2025 · since FY2020: 2.8% → 14.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 14.5% | -11.4 pp |
| FY2024 | 26.0% | -9.6 pp |
| FY2023 | 35.6% | +65.1 pp |
| FY2022 | -29.5% | -77.1 pp |
| FY2021 | 47.6% | +44.7 pp |
| FY2020 | 2.8% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice