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Ameriprise Financial vs Apollo Global Management: revenue, profit, margins and growth compared

Ameriprise Financial brought in $18.9B of revenue in fiscal 2025, Apollo Global Management $32B in fiscal 2025. Revenue changed by +5.5% at Ameriprise Financial and +22.7% at Apollo Global Management on the year before, so Apollo Global Management grew faster. Ameriprise Financial kept 18.8% of its revenue as net profit, Apollo Global Management 10.9%.

Side by side, latest fiscal year

AMPAPO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$18.9B$32B
Revenue growth+5.5%+22.7%
Net income$3.6B$3.5B
Net margin18.8%10.9%
Free cash flow$8.2Bn/a
Free cash flow margin43.2%n/a
Earnings per share (diluted)$36.28$5.54
Cash$11.2B$20.6B
Debtn/a$13.4B
Price to earnings13.622.0
Market value$44.3B$71.9B
Dividend yieldn/a1.64%
Rank by revenue in sector#32 of 444 · Finance#17 of 444 · Finance

Over the years

Revenue
AMP FY2018: $12.9BAMP FY2019: $13.1BAMP FY2020: $12BAMP FY2021: $13.4BAMP FY2022: $14.3BAMP FY2023: $16.1BAMP FY2024: $17.9BAMP FY2025: $18.9BAPO FY2020: $2.4BAPO FY2022: $6BAPO FY2022: $11BAPO FY2023: $32.6BAPO FY2024: $26.1BAPO FY2025: $32BFY18FY19FY20FY21FY22FY23FY24FY25
AMP $18.9BAPO $32B
Net income
AMP FY2018: $2.1BAMP FY2019: $1.9BAMP FY2020: $1.5BAMP FY2021: $3.4BAMP FY2022: $3.1BAMP FY2023: $2.6BAMP FY2024: $3.4BAMP FY2025: $3.6BAPO FY2020: $157MAPO FY2022: $1.8BAPO FY2022: -$2BAPO FY2023: $5BAPO FY2024: $4.6BAPO FY2025: $3.5BFY18FY19FY20FY21FY22FY23FY24FY25
AMP $3.6BAPO $3.5B
Net margin
AMP FY2018: 16.2%AMP FY2019: 14.4%AMP FY2020: 12.8%AMP FY2021: 25.5%AMP FY2022: 22.0%AMP FY2023: 15.9%AMP FY2024: 19.0%AMP FY2025: 18.8%APO FY2020: 6.7%APO FY2022: 30.9%APO FY2022: -17.9%APO FY2023: 15.5%APO FY2024: 17.5%APO FY2025: 10.9%FY18FY19FY20FY21FY22FY23FY24FY25
AMP 18.8%APO 10.9%
Revenue growth
AMP FY2019: +1.4%AMP FY2020: -8.7%AMP FY2021: +12.0%AMP FY2022: +7.1%AMP FY2023: +12.3%AMP FY2024: +11.4%AMP FY2025: +5.5%APO FY2022: +152.8%APO FY2022: +84.3%APO FY2023: +197.6%APO FY2024: -20.0%APO FY2025: +22.7%FY19FY20FY21FY22FY23FY24FY25
AMP +5.5%APO +22.7%
Free cash flow
AMP FY2018: $2.4BAMP FY2019: $2.2BAMP FY2020: $4.5BAMP FY2021: $3.2BAMP FY2022: $4.2BAMP FY2023: $4.5BAMP FY2024: $6.4BAMP FY2025: $8.2BFY18FY19FY20FY21FY22FY23FY24FY25
AMP $8.2BAPO

Fiscal years as each company reports them; the two may end in different months.

Questions about Ameriprise Financial and Apollo Global Management

Which is bigger by revenue, Ameriprise Financial or Apollo Global Management?

Apollo Global Management is bigger by revenue: $32B in fiscal 2025, against $18.9B for Ameriprise Financial in fiscal 2025.

Which keeps more of its revenue as profit, Ameriprise Financial or Apollo Global Management?

Ameriprise Financial had a net margin of 18.8% in fiscal 2025; Apollo Global Management had 10.9% in fiscal 2025.

Which grew revenue faster, Ameriprise Financial or Apollo Global Management?

In their latest fiscal years revenue changed by +5.5% at Ameriprise Financial and +22.7% at Apollo Global Management.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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