APO · Intrinsic value
Is Apollo Global Management, Inc. (APO) overvalued or undervalued?
As of Oct 19, 2026, TickerWorth's valuation lenses put Apollo Global Management, Inc. (APO) at $22.98 – $277.00, too broad a range to say where the delayed market price of $110.78 sits in it, so we do not call it over- or undervalued. It is a model estimate, and every input behind it is sourced below.
Model by Miraaj Patel · generated from market data · Updated Oct 19, 2026 · How these pages are made
What is APO worth?
- Fair-value range
- $22.98 – $277.00
- Market price
- $110.78
- Gap to fair value
- —
- Verdict
- Too wide to call
Reverse DCF: Today's price implies revenue growth of −5.9% a year for 5 years; our model assumes 16.6% a year on average over the same horizon.
What is APO's TickerWorth Score?
Middle of the pack — real strengths and real weaknesses
Compared with Financial Services companies in US
Its strongest point: trades below our estimate of what it's worth. Its weakest: profitability is weak.
- Value · 36 of 100
Cheaper than 36% of Financial Services companies in US
- Price vs worth · 94 of 100
- Quality · 26 of 100
More profitable than 26% of Financial Services companies in US
- Financial health · 55 of 100
Financially stronger than 55% of Financial Services companies in US
- Growth · 94 of 100
Growing faster than 94% of Financial Services companies in US
- Momentum · 30 of 100
Outperformed 30% of Financial Services companies in US over the past year
Confidence: Medium confidence · Scored
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Why APO gets a range, not one number
At a recent price of $110.78, Apollo Global Management, Inc. (APO) sits inside a range too wide to call either way: our valuation lenses put the business somewhere between $22.98 and $277.00 per share. They disagree too widely for us to state a single fair value. We publish the range rather than a midpoint because a number that precise would claim more than the methods can support. This is an educational model, not a price target or a recommendation.
Read the full reasoning
The valuation discounts Apollo Global Management, Inc.'s projected free cash flows at a weighted-average cost of capital (WACC) of 9.8%, with a long-run terminal growth rate of 2.5%. About 74% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly -5.9% annual revenue growth for APO. Our base case instead compounds to about 16.6% a year over the same forecast, so the market is pricing in slower growth than our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, APO's modeled DCF value ranges from about $213.07 to $406.34 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what Apollo Global Management, Inc. would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of APO's intrinsic value. Figures update as new filings and prices come in.
Every input behind APO's DCF
| Input | Value |
|---|---|
| Base-year revenueLive feed — totalRevenue (TTM) | $35,598,000,000 |
| Base EBIT marginComputed — trailing operatingMargins, held roughly flat | 21.9% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 30% → 24% → 17% → 10% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.1% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 1.58 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesLive feed — sharesOutstanding | 591M |
| Market priceDelayed quote · as of 2026-10-19 14:39 UTC | $110.78 |
Change APO's assumptions
The discount-rate dial and the editable model
ProChange growth, margin and WACC yourself — Pro (7-day free trial, card required).
What does Apollo Global Management, Inc. do?
What does it do?
Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. It operates in the Asset Management industry (Financial Services sector), headquartered in United States. The company employs roughly 6,140 people.
How does it make money?
The business turns $35.6B in annual revenue into profit. Out of every $100 of sales, about $22 is left as operating profit (operating margin of 22.0%), after a 36% gross margin on the products/services it sells. After all costs, taxes and interest, 5.3% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks solid: carries moderate debt (1.0× equity), comfortably covers its short-term bills (1.9× current ratio), and is currently profitable.
Who at APO filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| Belardi James Richard | Director, See Remarks | Gift | — | Form 4 for Belardi James Richard (opens sec.gov in a new tab) | |
| Kelly Martin | Chief Financial Officer | Gift | — | Form 4 for Kelly Martin (opens sec.gov in a new tab) | |
| Kelly Martin | Chief Financial Officer | Open-market sale | $422,535.00 | Form 4 for Kelly Martin (opens sec.gov in a new tab) | |
| LDB 2014 LLC | — | Other acquisition/disposition | — | Form 4 for LDB 2014 LLC (opens sec.gov in a new tab) | |
| Toomey Patrick | Director | Grant / award | — | Form 4 for Toomey Patrick (opens sec.gov in a new tab) | |
| JOYNER PAMELA J | Director | Grant / award | — | Form 4 for JOYNER PAMELA J (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans
Common questions
What is APO's intrinsic value?
TickerWorth's valuation lenses put Apollo Global Management, Inc. (APO) between $22.98 and $277.00 per share, versus a market price of $110.78. They disagree too widely for us to state a single fair value, so we publish the range.
Is APO overvalued or undervalued?
At $110.78 the price sits inside a range too wide to call either way. We don't call APO overvalued or undervalued from a range this wide. This is an educational estimate, not advice.
What discount rate is used for APO?
A WACC of 9.8% and a terminal growth rate of 2.5%.
Is Apollo Global Management stock undervalued?
TickerWorth's fair-value range for Apollo Global Management, Inc. (APO) is $22.98 – $277.00 against a market price of $110.78. Too wide to call. We publish a range here, not one number, so we do not call it over- or undervalued. This is a model estimate, not investment advice.
Apollo Global Management (APO) DCF valuation and fair value
Our fair-value range for Apollo Global Management, Inc. (APO) is $22.98 – $277.00, built on a 9.8% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into Apollo Global Management stock?
Today's price implies revenue growth of −5.9% a year for 5 years; our model assumes 16.6% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of $110.78. A model estimate, not investment advice.
Apollo Global Management (APO) insider trading
The most recent insider filing (SEC Form 4) for Apollo Global Management, Inc. (APO): Belardi James Richard, Director, See Remarks, gift on 2026-09-10. The latest filings are listed on this page. A disclosure, not a signal to trade.
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Other ways into the coverage
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.