Apollo Global Management
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
21.7719.558.8410.19-472.8811.7170.989.31-19.0110.7217.04-472.88
Price/Sales ratio
2.342.521.802.454.483.364.732.873.401.653.023.36
Price/Book Value ratio
2.054.044.264.383.565.337.794.5220.183.855.583.56
Price/Cash Flow ratio
-9.824.515.787.936.029.12-6.8916.109.848.5621.576.02
Price/Free Cash Flow ratio
-9.664.565.858.026.139.47-6.6417.1410.398.56-103.049.47
Price/Earnings Growth ratio
-0.25-12.120.030.214.31-0.00-0.800.000.12-0.03-0.40-0.00
Dividend Yield
33.01%16.47%6.71%5.92%8.93%4.77%5.25%3.23%2.57%1.90%1.06%4.77%
Profitability Indicator Ratios
Gross Profit Margin
52.53%48.40%56.90%60.33%47.39%56.98%73.32%86.92%91.54%96.85%93.42%47.39%
Operating Profit Margin
42.54%25.58%48.70%65.76%26.59%44.76%59.94%44.21%-35.00%86.84%26.55%44.76%
Pretax Profit Margin
56.22%36.21%53.84%67.79%9.63%48.01%23.49%81.68%-38.71%17.11%24.06%9.63%
Net Profit Margin
10.78%12.91%20.44%24.10%-0.94%28.75%6.66%30.90%-17.87%15.46%18.34%-0.94%
Effective Tax Rate
16.78%7.08%8.54%18.41%81.71%-9.16%15.55%12.21%17.40%-16.52%-8.08%-9.16%
Return on Assets
0.72%2.94%7.15%8.99%-0.17%9.87%0.66%6.02%-14.21%1.60%1.58%-0.17%
Return On Equity
9.41%20.70%48.23%43.00%-0.75%45.52%10.98%48.53%-106.10%35.93%37.74%-0.75%
Return on Capital Employed
3.10%9.28%24.94%32.74%5.89%18.47%6.40%9.54%-36.68%29.21%7.64%5.89%
Liquidity Ratios
Current Ratio
N/AN/AN/A1.811.052.311.71N/AN/AN/A0.052.31
Quick Ratio
1.990.961.371.610.74-0.46-0.50-0.98-4.680.810.050.05
Cash ratio
1.280.390.470.480.621.081.490.310.390.070.061.08
Days of Sales Outstanding
N/A314.06281.12N/AN/AN/A79.17N/A160.50N/AN/AN/A
Days of Inventory outstanding
N/AN/AN/A128.54166.84770.192.24K2.34K7.36KN/AN/A770.19
Operating Cycle
N/A314.06281.12128.54166.84770.192.32K2.34K7.52KN/AN/A770.19
Days of Payables Outstanding
21.8062.4924.6924.2744.9927.3169.731.33K1.17K1.18K680.5444.99
Cash Conversion Cycle
-21.80251.57256.42104.26121.85742.882.25K1.01K6.35K-1.18K-680.54742.88
Debt Ratios
Debt Ratio
0.630.400.370.330.360.330.600.440.470.020.020.33
Debt Equity Ratio
8.182.812.561.611.561.5410.023.613.530.570.541.54
Long-term Debt to Capitalization
0.890.730.710.610.610.600.900.780.770.360.350.60
Total Debt to Capitalization
0.890.730.710.610.610.600.900.780.770.360.350.60
Interest Coverage Ratio
N/AN/AN/A24.904.2313.622.39N/AN/AN/A25.884.23
Cash Flow to Debt Ratio
-0.020.310.280.340.370.37-0.110.070.570.780.470.37
Company Equity Multiplier
12.977.026.744.774.354.6116.558.047.4622.3220.634.35
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.230.550.310.300.740.36-0.680.170.340.190.140.36
Free Cash Flow / Operating Cash Flow Ratio
1.010.980.980.980.980.961.030.930.941-0.200.96
Cash Flow Coverage Ratio
-0.020.310.280.340.370.37-0.110.070.570.780.470.37
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/A-39.88N/A108.25203.93N/AN/A
Dividend Payout Ratio
718.95%322.16%59.35%60.44%-4226.33%55.96%373.36%30.12%-49.05%20.48%19.99%-4226.33%