Stocks Comparison
Apollo Global Management vs Blackstone: revenue, profit, margins and growth compared
Apollo Global Management brought in $32B of revenue in fiscal 2025, Blackstone $14.5B in fiscal 2025. Revenue changed by +22.7% at Apollo Global Management and +9.2% at Blackstone on the year before, so Apollo Global Management grew faster. Apollo Global Management kept 10.9% of its revenue as net profit, Blackstone 20.9%.
Side by side, latest fiscal year
| APO | BX | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $32B | $14.5B |
| Revenue growth | +22.7% | +9.2% |
| Net income | $3.5B | $3B |
| Net margin | 10.9% | 20.9% |
| Free cash flow | n/a | $4.5B |
| Free cash flow margin | n/a | 31.5% |
| Earnings per share (diluted) | $5.54 | $3.87 |
| Cash | $20.6B | $2.6B |
| Debt | $13.4B | $12.6B |
| Price to earnings | 22.0 | 30.6 |
| Market value | $71.9B | $88.9B |
| Dividend yield | 1.64% | 3.96% |
| Rank by revenue in sector | #17 of 444 · Finance | #46 of 444 · Finance |
Over the years
Questions about Apollo Global Management and Blackstone
Which is bigger by revenue, Apollo Global Management or Blackstone?
Apollo Global Management is bigger by revenue: $32B in fiscal 2025, against $14.5B for Blackstone in fiscal 2025.
Which keeps more of its revenue as profit, Apollo Global Management or Blackstone?
Apollo Global Management had a net margin of 10.9% in fiscal 2025; Blackstone had 20.9% in fiscal 2025.
Which grew revenue faster, Apollo Global Management or Blackstone?
In their latest fiscal years revenue changed by +22.7% at Apollo Global Management and +9.2% at Blackstone.
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.