Apollo Historical Income Statement
APO Stock | USD 171.03 1.40 0.83% |
Historical analysis of Apollo Global income statement accounts such as Interest Expense of 151.6 M, Selling General Administrative of 2.7 B or Total Revenue of 34.3 B can show how well Apollo Global Management performed in making a profits. Evaluating Apollo Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Apollo Global's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Apollo Global Management latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Apollo Global Management is a good buy for the upcoming year.
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About Apollo Income Statement Analysis
Apollo Global Management Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Apollo Global shareholders. The income statement also shows Apollo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Apollo Global Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Apollo Global Management generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Apollo Global Management. It is also known as Apollo Global overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Apollo Global Management income statement and represents the costs associated with goods and services Apollo Global provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Apollo Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Apollo Global Management current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Global Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, Apollo Global's Operating Income is very stable compared to the past year. As of the 21st of December 2024, EBIT is likely to grow to about 6.2 B, though Total Other Income Expense Net is likely to grow to (2.6 B).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 907M | 130.5M | 145M | 151.6M | Depreciation And Amortization | 27M | 594M | 804M | 844.2M |
Apollo Global income statement Correlations
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Apollo Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Apollo Global income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 171.9K | 19M | 27M | 594M | 804M | 844.2M | |
Interest Expense | 98.4M | 381M | 907M | 130.5M | 145M | 151.6M | |
Selling General Administrative | 330.3M | 818M | 3.2B | 648.1M | 2.6B | 2.7B | |
Total Revenue | 2.9B | 2.4B | 6.0B | 11.0B | 32.6B | 34.3B | |
Gross Profit | 1.7B | 1.7B | 5.2B | 1.6B | 29.5B | 30.9B | |
Other Operating Expenses | 1.6B | 1.4B | 4.0B | 2.6B | 24.9B | 26.1B | |
Operating Income | 1.3B | 1.4B | 2.6B | 115.9M | 5.9B | 6.2B | |
Ebit | 1.3B | 1.4B | 2.6B | 115.9M | 5.9B | 6.2B | |
Ebitda | 1.3B | 1.4B | 2.7B | 994.9M | 6.7B | 7.0B | |
Cost Of Revenue | 1.3B | 628M | 778M | 1.9B | 3.7B | 3.9B | |
Total Operating Expenses | 330.3M | 818M | 3.2B | 648.1M | 27.3B | 28.7B | |
Income Before Tax | 1.4B | 553M | 4.9B | 2.2B | 5.6B | 5.9B | |
Total Other Income Expense Net | 95.5M | (355M) | 2.1B | 2.1B | (2.7B) | (2.6B) | |
Net Income | 1.5B | 157M | 1.8B | 2.0B | 5.0B | 5.3B | |
Income Tax Expense | (129.0M) | 86M | 594M | 209.9M | (923M) | (876.9M) | |
Minority Interest | 1.2B | 310.2M | 2.4B | 1.1B | (1.0B) | (966.2M) | |
Net Income Applicable To Common Shares | 771.3M | 120.0M | 1.8B | 897.2M | 807.5M | 990.1M | |
Research Development | 0.5 | 0.23 | 1.36 | 0.36 | 0.17 | 0.22 | |
Net Income From Continuing Ops | 1.5B | 466.8M | 4.3B | 2.0B | 2.7B | 1.8B | |
Tax Provision | (129.0M) | 87.0M | 594.4M | (1.1B) | 590M | 619.5M | |
Interest Income | 213.6M | 243.1M | 3.2B | 659M | 178M | 169.1M | |
Net Interest Income | (62.8M) | 74.5M | (134.8M) | (80.8M) | (51M) | (53.6M) | |
Reconciled Depreciation | 15.8M | 18.8M | 27.3M | 594M | 804M | 844.2M |
Pair Trading with Apollo Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apollo Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apollo Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Apollo Stock
Moving against Apollo Stock
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The ability to find closely correlated positions to Apollo Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apollo Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apollo Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apollo Global Management to buy it.
The correlation of Apollo Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apollo Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apollo Global Management moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apollo Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Global Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apollo Global. If investors know Apollo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apollo Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.174 | Dividend Share 1.818 | Earnings Share 9.47 | Revenue Per Share 54.036 | Quarterly Revenue Growth 2.851 |
The market value of Apollo Global Management is measured differently than its book value, which is the value of Apollo that is recorded on the company's balance sheet. Investors also form their own opinion of Apollo Global's value that differs from its market value or its book value, called intrinsic value, which is Apollo Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apollo Global's market value can be influenced by many factors that don't directly affect Apollo Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apollo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apollo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apollo Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.