Apollo Global Management said Asset Management revenues for 2024 were $4.2 billion, an increase of $669 million from $3.5 billion in 2023, and investment income was $1,305 million.

1. 01

   Apollo Global Management said Asset Management revenues for 2024 were $4.2 billion, an increase of $669 million from $3.5 billion in 2023, and investment income was $1,305 million.

2. 02

   The company said Retirement Services revenues for 2024 were $21.9 billion, a decrease of $7.2 billion from $29.1 billion in 2023. It said premiums decreased by $11.4 billion to $1.3 billion.

3. 03

   Apollo Global Management said Asset Management Fee Related Earnings for 2024 were $2,063 million, an increase of $295 million from $1,768 million in 2023.

4. 04

   The company said it held unrestricted cash and cash equivalents of $15.4 billion and available liquidity of $5.1 billion under its AGM credit facility, AHL credit facility and AHL liquidity facility as of December 31, 2024.

Key figures

Fiscal year ended December 31, 2024

Revenue

$26.1B

Net income

$4.6B

EPS

$7.33

Operating cash flow

$3.3B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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