APO vs. BX: Apollo Global Management vs. Blackstone Stock Comparison
How do Apollo Global Management (APO) and Blackstone (BX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Apollo Global Management (APO) and Blackstone (BX) both fall under the Financial Services industry group, but APO is classified in Financial Services while BX is classified in Capital Markets.
| Profile Item | APO | BX |
|---|---|---|
| Name | Apollo Global Management Inc. | Blackstone Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Financial Services | Capital Markets |
| GICS Sub-Industry | Diversified Financial Services | Asset Management & Custody Banks |
| Market Capitalization | 68.93 billion USD | 148.61 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 30, 2011 | June 22, 2007 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | APO | BX |
|---|---|---|
| Total Return (1Y) | -6.67% | -11.29% |
| Total Return (3Y, Annualized) | 14.75% | 12.22% |
| Total Return (5Y, Annualized) | 11.91% | 0.26% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | APO | BX |
|---|---|---|
| Volatility (1Y, Annualized) | 37.21% | 38.63% |
| Beta (5Y) | 1.47 | 1.50 |
| Max Drawdown (5Y) | -42.82% | -49.29% |
| Avg. Volume (3M) | 3.35M | 4.75M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | APO | BX |
|---|---|---|
| Sharpe Ratio (1Y) | -0.29 | -0.40 |
| Sortino Ratio (1Y) | -0.42 | -0.57 |
Profitability
ROE (TTM)
Blackstone (BX) at 32.38% sits in the top ROE quartile, while Apollo Global Management (APO) at 1.89% is in the bottom quartile, showing a clear gap in returns on equity.
APO
Financial Services industry group
1.89%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- APO
- 1.89%
- Min
- -18.71%
BX
Financial Services industry group
32.38%
- Max
- 44.78%
- BX
- 32.38%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Apollo Global Management (APO) reports a negative net margin of -3.01%, usually indicating a net loss over the period. Meanwhile Blackstone (BX) reports 22.99%, ranking against industry peers normally.
APO
Financial Services industry group
-3.01%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- APO
- -3.01%
- Min
- -28.52%
BX
Financial Services industry group
22.99%
- Max
- 62.84%
- Q3
- 28.05%
- BX
- 22.99%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Apollo Global Management (APO) reports a negative operating margin of -44.34%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Blackstone (BX) reports 48.86%, ranking against industry peers normally.
APO
Financial Services industry group
-44.34%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- Q1
- 14.60%
- APO
- -44.34%
- Min
- -44.34%
BX
Financial Services industry group
48.86%
- Max
- 107.33%
- Q3
- 55.90%
- BX
- 48.86%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | APO | BX |
|---|---|---|
| ROE (TTM) | 1.89% | 32.38% |
| ROA (TTM) | 0.15% | 14.27% |
| Net Margin (TTM) | -3.01% | 22.99% |
| Operating Margin (TTM) | -44.34% | 48.86% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Apollo Global Management (APO) at 22.73% and Blackstone (BX) at 13.54% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Blackstone (BX) at 6.91% is around its peer norm for EPS growth, while Apollo Global Management (APO) at -24.42% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | APO | BX |
|---|---|---|
| Revenue Growth (YoY) | 22.73% | 13.54% |
| Revenue Growth (3Y CAGR) | 42.96% | 20.27% |
| EPS Growth (YoY) | -24.42% | 6.91% |
| EPS Growth (3Y CAGR) | -- | 17.92% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Apollo Global Management (APO) in Financial Services and Blackstone (BX) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Apollo Global Management (APO) in Financial Services and Blackstone (BX) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | APO | BX |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Blackstone (BX) at 4.22% delivers top-quartile income for its industry, while Apollo Global Management (APO) at 1.87% pays a more typical yield — both are credible income propositions, BX the richer one.
APO
Financial Services industry group
1.87%
- Max
- 9.77%
- Q3
- 3.92%
- APO
- 1.87%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
BX
Financial Services industry group
4.22%
- Max
- 9.77%
- BX
- 4.22%
- Q3
- 3.92%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Blackstone (BX) reports payout ratio above 100% at 111.19%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Apollo Global Management (APO) reports 75.00%, ranking against industry peers normally.
APO
Financial Services industry group
75.00%
- Max
- 241.07%
- Q3
- 97.36%
- APO
- 75.00%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
BX
Financial Services industry group
111.19%
- Max
- 241.07%
- BX
- 111.19%
- Q3
- 97.36%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | APO | BX |
|---|---|---|
| Dividend Yield (TTM) | 1.87% | 4.22% |
| Dividend Payout Ratio (TTM) | 75.00% | 111.19% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Blackstone (BX) trades at 26.61 times trailing earnings, ranked against its peers, while Apollo Global Management (APO) has no P/E ratio this period.
APO
Financial Services industry group
--
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
- APO
- --
BX
Financial Services industry group
26.61
- Max
- 45.85
- BX
- 26.61
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Apollo Global Management (APO) at 2.26 prices around its industry’s typical P/S ratio, while Blackstone (BX) at 9.61 clears its benchmark range — BX looks notably rich on sales.
APO
Financial Services industry group
2.26
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- APO
- 2.26
- Q1
- 1.28
- Min
- -0.55
BX
Financial Services industry group
9.61
- BX
- 9.61
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Both look rich against book: Apollo Global Management (APO) at 4.32 sits in the upper P/B ratio quartile, and Blackstone (BX) at 10.81 prices even higher, above its industry range.
APO
Financial Services industry group
4.32
- Max
- 7.79
- APO
- 4.32
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
BX
Financial Services industry group
10.81
- BX
- 10.81
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | APO | BX |
|---|---|---|
| P/E Ratio (TTM) | -- | 26.61 |
| P/S Ratio (TTM) | 2.26 | 9.61 |
| P/B Ratio (MRQ) | 4.32 | 10.81 |
| Free Cash Flow Yield (TTM) | -- | -- |