undamentalytics Newsletter
Sign in

Apollo Global Management cash flow statement

In fiscal 2025, Apollo Global Management's operations generated $7.25bn of cash. It returned $1.20bn in dividends and $773m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations−1,6161,0643,7896,3223,2537,2469,473
Depreciation and amortisation19275298031,0751,4311,602
Stock-based pay2131,1815401,026721789952
Dividends paid5505179621,0121,0921,2011,271
Share buybacks922996355618907731,309
Shares issued01,0010————

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: APO vs BLKAPO vs BNYAPO vs KKR

More: Asset Management & Custody Banks stocks compared, Financials sector, rankings of US companies

Figures from Apollo Global Management's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Apollo Global Management.