Apollo Global Management
Apollo Global Management debt and dilution—
Borrowings, liquidity, share count and stock-based dilution.
Total debt
USD millions
Cash & equivalents
USD millions
Net debt
USD millions
Debt / equity
×
Debt / assets
%
Net debt / EBITDA
× · TTM
Cash and cash equivalents is unavailable in the extracted statements for this period.
Debt / FCF
× · TTM
The reported inputs required for this metric are unavailable in the extracted statements for this period.
Interest coverage
× · TTM
Operating income is unavailable in the extracted statements for this period.
Current ratio
×
The reported inputs required for this metric are unavailable in the extracted statements for this period.
Diluted shares
Million shares
Basic shares
Million shares
Share count growth
%
Share repurchases
USD millions
Quarterly data
| Fiscal period | Ended | Total debtUSD millions | Cash & equivalentsUSD millions | Net debtUSD millions | Debt / equity× | Debt / assets% | Net debt / EBITDA× | Debt / FCF× | Interest coverage× | Current ratio× | Diluted sharesMillion shares | Basic sharesMillion shares | Share count growth% | Share repurchasesUSD millions |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 13,727 | — | — | 0.33× | 2.78% | — | — | — | — | 610.22 | 591.76 | 0.87% | 97 |
| FY 2026 Q1 | Mar 31, 2026 | 14,220 | — | — | 0.36× | 3.04% | — | — | — | — | 594.85 | 594.85 | 1.29% | 632 |
| FY 2025 Q4 | Dec 31, 2025 | 13,364 | — | — | 0.31× | 2.9% | — | — | — | — | 597.94 | 594.41 | 1.86% | 240 |
| FY 2025 Q3 | Sep 30, 2025 | 12,631 | — | — | 0.32× | 2.81% | — | — | — | — | 607.82 | 589.38 | 0.68% | 340 |
| FY 2025 Q2 | Jun 30, 2025 | 12,144 | — | — | 0.36× | 2.89% | — | — | — | — | 590.37 | 586.67 | -0.07% | 0 |
| FY 2025 Q1 | Mar 31, 2025 | 10,581 | — | — | 0.33× | 2.68% | — | — | — | — | 592.98 | 587.26 | -0.15% | 193 |
| FY 2024 Q4 | Dec 31, 2024 | 10,588 | — | — | 0.34× | 2.8% | — | — | — | — | 646.11 | 583.53 | -0.02% | 102 |
| FY 2024 Q3 | Sep 30, 2024 | 9,807 | — | — | 0.31× | 2.66% | — | — | — | — | 588.54 | 585.38 | 1.14% | 453 |
| FY 2024 Q2 | Jun 30, 2024 | 9,815 | — | — | 0.35× | 2.83% | — | — | — | — | 590.17 | 587.1 | 1.4% | 75 |
| FY 2024 Q1 | Mar 31, 2024 | 9,596 | — | — | 0.36× | 2.87% | — | — | — | — | 605.38 | 588.12 | — | 260 |
| FY 2023 Q4 | Dec 31, 2023 | 8,092 | — | — | 0.32× | 2.58% | — | — | — | — | 610.31 | 583.67 | 0.08% | 26 |
| FY 2023 Q3 | Sep 30, 2023 | 7,026 | — | — | 0.4× | 2.48% | — | — | — | — | 578.8 | 578.8 | -0.94% | 0 |
| FY 2023 Q2 | Jun 30, 2023 | 6,454 | 12,070 | -5,616 | 0.38× | 2.29% | — | — | — | — | 578.98 | 578.98 | -0.99% | 77 |
| FY 2022 Q4 | Dec 31, 2022 | 6,472 | 8,980 | -2,508 | 1.04× | 2.5% | — | — | — | — | 583.22 | 583.22 | — | 172 |
| FY 2022 Q3 | Sep 30, 2022 | 6,081 | 10,942 | -4,861 | 3.27× | 2.43% | — | — | — | — | 584.32 | 584.32 | — | 26 |
| FY 2022 Q2 | Jun 30, 2022 | 6,092 | 12,718 | -6,626 | 0.85× | 2.46% | — | — | — | — | 584.77 | 584.77 | — | 211 |
| FY 2022 Q1 | Mar 31, 2022 | 6,102 | 9,769 | -3,667 | 0.33× | 2.33% | — | — | — | — | 586.5 | 586.5 | — | 226 |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.
Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.
Market prices: Yahoo Finance · APO, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- Total debt
- Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
- Cash & equivalents
- Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
- Net debt
- Total debt − cash and equivalents. Negative means net cash.
- Debt / equity
- Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
- Debt / assets
- Total debt / total assets × 100.
- Net debt / EBITDA
- Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
- Debt / FCF
- Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
- Interest coverage
- TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
- Current ratio
- Current assets / positive current liabilities.
- Diluted shares
- Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
- Basic shares
- Reported weighted average basic shares, normalized for subsequent recorded stock splits.
- Share count growth
- Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
- Share repurchases
- Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.