Value2022202320242025TTMSelling/general/admin expenses540 M1 B721 M789 M789 MResearch & development—————Operating income-19.56 B-14.04 B-5.17 B-9.21 B-4.78 BNon-Operating Income, Total20.91 B3.9 B6.1 B5.86 B5.86 BInterest expense, net of interest capitalized222 M268 M474 M618 M618 MNon-Operating Income, excl. Interest Expenses20.69 B3.63 B5.62 B5.25 B5.25 BUnusual income/expense—————Pretax income5.82 B5.59 B7.43 B6.68 B6.68 BEquity in earnings—————Taxes1.07 B923 M1.06 B1.28 B1.28 BNon-controlling/minority interest1.53 B1.46 B1.8 B1.91 B1.91 BAfter tax other income/expense321 M415 M92 M593 M593 MNet income before discontinued operations3.21 B5.05 B4.58 B3.49 B3.49 BDiscontinued operations—————Net income3.21 B5.05 B4.58 B3.49 B3.49 BDilution adjustment00000Preferred dividends046 M97 M97 M97 MDiluted net income available to common stockholders3.21 B5 B4.48 B3.4 B3.4 BBasic earnings per share (Basic EPS)-5.578.327.395.585.58Diluted earnings per share (Diluted EPS)-5.578.287.335.545.54Average basic shares outstanding584.69 M581.38 M586.07 M589.5 M2.35 BDiluted shares outstanding584.69 M588.85 M604.04 M593.7 M2.38 BEBITDA-18.97 B-13.23 B-4.09 B-7.78 B-3.35 BEBIT-19.56 B-14.04 B-5.17 B-9.21 B-4.78 BCost of revenue13.05 B19.35 B12.3 B15.97 B11.54 BOther cost of goods sold—————Depreciation & amortization (cash flow)594 M803 M1.07 B1.43 B1.43 B
Apollo Global Management Inc 7.625% Fixed-Rate Resettable Junio
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. As of 2025, the company had $840 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors.
Apollo was founded in 1990 by Leon Black, Josh Harris, and Marc Rowan, former investment bankers at the defunct Drexel Burnham Lambert. The company is headquartered in the Solow Building in New York City, with offices across North America, Europe, and Asia. Co-founder Leon Black resigned as CEO in 2021 in the wake of sexual misconduct allegations and revelations that he had paid $158 million to Jeffrey Epstein.