APO vs. BLK: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at APO and BLK, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
BLK’s market capitalization of 167.65 billion USD is significantly greater than APO’s 82.56 billion USD, highlighting its more substantial market valuation.
With betas of 1.57 for APO and 1.42 for BLK, both stocks show similar sensitivity to overall market movements.
| Symbol | APO | BLK |
|---|---|---|
| Company Name | Apollo Global Management, Inc. | BlackRock, Inc. |
| Country | US | US |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management - Global | Asset Management |
| CEO | Marc Jeffrey Rowan | Laurence Douglas Fink |
| Price | 144.47 USD | 1,082.15 USD |
| Market Cap | 82.56 billion USD | 167.65 billion USD |
| Beta | 1.57 | 1.42 |
| Exchange | NYSE | NYSE |
| IPO Date | March 30, 2011 | October 1, 1999 |
| ADR | No | No |
Historical Performance
This chart compares the performance of APO and BLK by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
APO
21.02%
Asset Management - Global Industry
- Max
- 21.02%
- Q3
- 10.69%
- Median
- 0.36%
- Q1
- -9.97%
- Min
- -20.30%
In the upper quartile for the Asset Management - Global industry, APO’s Return on Equity of 21.02% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
BLK
14.27%
Asset Management Industry
- Max
- 34.25%
- Q3
- 18.22%
- Median
- 11.24%
- Q1
- 5.81%
- Min
- -5.72%
BLK’s Return on Equity of 14.27% is on par with the norm for the Asset Management industry, indicating its profitability relative to shareholder equity is typical for the sector.
Return on Invested Capital
APO
5.75%
Asset Management - Global Industry
- Max
- 5.75%
- Q3
- 2.40%
- Median
- -0.94%
- Q1
- -4.29%
- Min
- -7.64%
In the upper quartile for the Asset Management - Global industry, APO’s Return on Invested Capital of 5.75% signifies a highly effective use of its capital to generate profits when compared to its peers.
BLK
4.35%
Asset Management Industry
- Max
- 42.18%
- Q3
- 20.06%
- Median
- 8.68%
- Q1
- 3.13%
- Min
- -16.42%
BLK’s Return on Invested Capital of 4.35% is in line with the norm for the Asset Management industry, reflecting a standard level of efficiency in generating profits from its capital base.
Net Profit Margin
APO
14.59%
Asset Management - Global Industry
- Max
- 14.59%
- Q3
- -4.29%
- Median
- -23.18%
- Q1
- -42.06%
- Min
- -60.94%
A Net Profit Margin of 14.59% places APO in the upper quartile for the Asset Management - Global industry, signifying strong profitability and more effective cost management than most of its peers.
BLK
29.84%
Asset Management Industry
- Max
- 91.66%
- Q3
- 57.81%
- Median
- 29.48%
- Q1
- 15.70%
- Min
- -27.65%
BLK’s Net Profit Margin of 29.84% is aligned with the median group of its peers in the Asset Management industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin
APO
29.75%
Asset Management - Global Industry
- Max
- 29.75%
- Q3
- 12.31%
- Median
- -5.13%
- Q1
- -22.57%
- Min
- -40.02%
An Operating Profit Margin of 29.75% places APO in the upper quartile for the Asset Management - Global industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
BLK
36.71%
Asset Management Industry
- Max
- 99.76%
- Q3
- 78.28%
- Median
- 34.76%
- Q1
- 21.75%
- Min
- -48.25%
BLK’s Operating Profit Margin of 36.71% is around the midpoint for the Asset Management industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | APO | BLK |
|---|---|---|
| Return on Equity (TTM) | 21.02% | 14.27% |
| Return on Assets (TTM) | 0.91% | 4.44% |
| Return on Invested Capital (TTM) | 5.75% | 4.35% |
| Net Profit Margin (TTM) | 14.59% | 29.84% |
| Operating Profit Margin (TTM) | 29.75% | 36.71% |
| Gross Profit Margin (TTM) | 91.14% | 65.72% |
Financial Strength
Current Ratio
APO
0.80
Asset Management - Global Industry
- Max
- 1.36
- Q3
- 1.22
- Median
- 1.08
- Q1
- 0.94
- Min
- 0.80
APO’s Current Ratio of 0.80 falls into the lower quartile for the Asset Management - Global industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
BLK
12.36
Asset Management Industry
- Max
- 12.44
- Q3
- 5.76
- Median
- 3.04
- Q1
- 1.03
- Min
- 0.01
BLK’s Current Ratio of 12.36 is in the upper quartile for the Asset Management industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
Debt-to-Equity Ratio
APO
0.59
Asset Management - Global Industry
- Max
- 0.59
- Q3
- 0.47
- Median
- 0.34
- Q1
- 0.22
- Min
- 0.09
APO’s leverage is in the upper quartile of the Asset Management - Global industry, with a Debt-to-Equity Ratio of 0.59. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
BLK
0.30
Asset Management Industry
- Max
- 2.62
- Q3
- 1.42
- Median
- 0.76
- Q1
- 0.34
- Min
- 0.01
Falling into the lower quartile for the Asset Management industry, BLK’s Debt-to-Equity Ratio of 0.30 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
Interest Coverage Ratio
APO
21.30
Asset Management - Global Industry
- Max
- 21.30
- Q3
- 14.75
- Median
- 8.19
- Q1
- 1.64
- Min
- -4.91
APO’s Interest Coverage Ratio of 21.30 is in the upper quartile for the Asset Management - Global industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
BLK
16.94
Asset Management Industry
- Max
- 13.30
- Q3
- 6.30
- Median
- 2.71
- Q1
- 1.00
- Min
- -6.91
With an Interest Coverage Ratio of 16.94, BLK demonstrates a superior capacity to service its debt, placing it well above the typical range for the Asset Management industry. This stems from either robust earnings or a conservative debt load.
Financial Strength at a Glance
| Symbol | APO | BLK |
|---|---|---|
| Current Ratio (TTM) | 0.80 | 12.36 |
| Quick Ratio (TTM) | 0.80 | 12.36 |
| Debt-to-Equity Ratio (TTM) | 0.59 | 0.30 |
| Debt-to-Asset Ratio (TTM) | 0.03 | 0.10 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.35 | 0.80 |
| Interest Coverage Ratio (TTM) | 21.30 | 16.94 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for APO and BLK. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
APO
1.31%
Asset Management - Global Industry
- Max
- 1.33%
- Q3
- 1.00%
- Median
- 0.66%
- Q1
- 0.33%
- Min
- 0.00%
With a Dividend Yield of 1.31%, APO offers a more attractive income stream than most of its peers in the Asset Management - Global industry, signaling a strong commitment to shareholder returns.
BLK
1.91%
Asset Management Industry
- Max
- 26.09%
- Q3
- 11.60%
- Median
- 6.37%
- Q1
- 2.75%
- Min
- 0.00%
BLK’s Dividend Yield of 1.91% is in the lower quartile for the Asset Management industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
Dividend Payout Ratio
APO
33.63%
Asset Management - Global Industry
- Max
- --
- Q3
- --
- Median
- --
- Q1
- --
- Min
- --
APO has a Dividend Payout Ratio of 33.63%, but industry benchmark data for the Asset Management - Global sector is unavailable for comparison.
BLK
49.86%
Asset Management Industry
- Max
- 1,034.88%
- Q3
- 127.70%
- Median
- 75.15%
- Q1
- 34.21%
- Min
- 0.00%
BLK’s Dividend Payout Ratio of 49.86% is within the typical range for the Asset Management industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | APO | BLK |
|---|---|---|
| Dividend Yield (TTM) | 1.31% | 1.91% |
| Dividend Payout Ratio (TTM) | 33.63% | 49.86% |
Valuation
Price-to-Earnings Ratio
APO
23.62
Asset Management - Global Industry
- Max
- --
- Q3
- --
- Median
- --
- Q1
- --
- Min
- --
APO has a P/E Ratio of 23.62, but a direct industry comparison is not possible as benchmark data for the Asset Management - Global sector is unavailable.
BLK
26.60
Asset Management Industry
- Max
- 38.72
- Q3
- 23.40
- Median
- 11.45
- Q1
- 8.80
- Min
- 1.54
A P/E Ratio of 26.60 places BLK in the upper quartile for the Asset Management industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
Forward P/E to Growth Ratio
APO
-0.24
Asset Management - Global Industry
- Max
- --
- Q3
- --
- Median
- --
- Q1
- --
- Min
- --
APO has a negative Forward PEG Ratio of -0.24. This typically results from negative earnings or forecasts of declining future earnings, making the ratio not meaningful for valuation.
BLK
-0.27
Asset Management Industry
- Max
- 6.38
- Q3
- 3.23
- Median
- 1.55
- Q1
- 0.89
- Min
- 0.02
BLK has a negative Forward PEG Ratio of -0.27. This typically results from negative earnings or forecasts of declining future earnings, making the ratio not meaningful for valuation.
Price-to-Sales Ratio
APO
3.35
Asset Management - Global Industry
- Max
- 5.92
- Q3
- 5.27
- Median
- 4.62
- Q1
- 3.97
- Min
- 3.32
In the lower quartile for the Asset Management - Global industry, APO’s P/S Ratio of 3.35 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.
BLK
7.93
Asset Management Industry
- Max
- 13.75
- Q3
- 7.92
- Median
- 4.87
- Q1
- 3.51
- Min
- 0.02
BLK’s P/S Ratio of 7.93 is in the upper echelon for the Asset Management industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio
APO
4.72
Asset Management - Global Industry
- Max
- 4.67
- Q3
- 3.65
- Median
- 2.63
- Q1
- 1.61
- Min
- 0.59
The P/B Ratio is often not a primary valuation metric for the Asset Management - Global industry.
BLK
3.49
Asset Management Industry
- Max
- 5.33
- Q3
- 2.75
- Median
- 1.06
- Q1
- 0.87
- Min
- 0.00
The P/B Ratio is often not a primary valuation metric for the Asset Management industry.
Valuation at a Glance
| Symbol | APO | BLK |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 23.62 | 26.60 |
| Forward PEG Ratio (TTM) | -0.24 | -0.27 |
| Price-to-Sales Ratio (P/S, TTM) | 3.35 | 7.93 |
| Price-to-Book Ratio (P/B, TTM) | 4.72 | 3.49 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 23.24 | 42.26 |
| EV-to-EBITDA (TTM) | 10.22 | 21.37 |
| EV-to-Sales (TTM) | 3.24 | 8.24 |