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Apollo Global Management vs Price T Rowe: revenue, profit, margins and growth compared

Apollo Global Management brought in $32B of revenue in fiscal 2025, Price T Rowe $7.3B in fiscal 2025. Revenue changed by +22.7% at Apollo Global Management and +3.1% at Price T Rowe on the year before, so Apollo Global Management grew faster. Apollo Global Management kept 10.9% of its revenue as net profit, Price T Rowe 28.5%.

Side by side, latest fiscal year

APOTROW
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$32B$7.3B
Revenue growth+22.7%+3.1%
Net income$3.5B$2.1B
Net margin10.9%28.5%
Free cash flown/a$1.5B
Free cash flow marginn/a20.2%
Earnings per share (diluted)$5.54$9.24
Cash$20.6B$3.4B
Debt$13.4Bn/a
Price to earnings22.011.4
Market value$71.9B$22.5B
Dividend yield1.64%4.81%
Rank by revenue in sector#17 of 444 · Finance#74 of 444 · Finance

Over the years

Revenue
APO FY2020: $2.4BAPO FY2022: $6BAPO FY2022: $11BAPO FY2023: $32.6BAPO FY2024: $26.1BAPO FY2025: $32BTROW FY2018: $5.4BTROW FY2019: $5.6BTROW FY2020: $6.2BTROW FY2021: $7.7BTROW FY2022: $6.5BTROW FY2023: $6.5BTROW FY2024: $7.1BTROW FY2025: $7.3BFY18FY19FY20FY21FY22FY23FY24FY25
APO $32BTROW $7.3B
Net income
APO FY2020: $157MAPO FY2022: $1.8BAPO FY2022: -$2BAPO FY2023: $5BAPO FY2024: $4.6BAPO FY2025: $3.5BTROW FY2018: $1.8BTROW FY2019: $2.1BTROW FY2020: $2.4BTROW FY2021: $3.1BTROW FY2022: $1.6BTROW FY2023: $1.8BTROW FY2024: $2.1BTROW FY2025: $2.1BFY18FY19FY20FY21FY22FY23FY24FY25
APO $3.5BTROW $2.1B
Net margin
APO FY2020: 6.7%APO FY2022: 30.9%APO FY2022: -17.9%APO FY2023: 15.5%APO FY2024: 17.5%APO FY2025: 10.9%TROW FY2018: 34.2%TROW FY2019: 37.9%TROW FY2020: 38.2%TROW FY2021: 40.2%TROW FY2022: 24.0%TROW FY2023: 27.7%TROW FY2024: 29.6%TROW FY2025: 28.5%FY18FY19FY20FY21FY22FY23FY24FY25
APO 10.9%TROW 28.5%
Revenue growth
APO FY2022: +152.8%APO FY2022: +84.3%APO FY2023: +197.6%APO FY2024: -20.0%APO FY2025: +22.7%TROW FY2019: +4.6%TROW FY2020: +10.5%TROW FY2021: +23.6%TROW FY2022: -15.4%TROW FY2023: -0.4%TROW FY2024: +9.8%TROW FY2025: +3.1%FY19FY20FY21FY22FY23FY24FY25
APO +22.7%TROW +3.1%
Free cash flow
TROW FY2018: $1.5BTROW FY2019: $1.3BTROW FY2020: $1.7BTROW FY2021: $3.2BTROW FY2022: $2.1BTROW FY2023: $911.2MTROW FY2024: $1.3BTROW FY2025: $1.5BFY18FY19FY20FY21FY22FY23FY24FY25
APOTROW $1.5B

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

Questions about Apollo Global Management and Price T Rowe

Which is bigger by revenue, Apollo Global Management or Price T Rowe?

Apollo Global Management is bigger by revenue: $32B in fiscal 2025, against $7.3B for Price T Rowe in fiscal 2025.

Which keeps more of its revenue as profit, Apollo Global Management or Price T Rowe?

Apollo Global Management had a net margin of 10.9% in fiscal 2025; Price T Rowe had 28.5% in fiscal 2025.

Which grew revenue faster, Apollo Global Management or Price T Rowe?

In their latest fiscal years revenue changed by +22.7% at Apollo Global Management and +3.1% at Price T Rowe.

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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