APO vs. ERIE: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at APO and ERIE, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
APO’s market capitalization of 82.56 billion USD is substantially larger than ERIE’s 16.02 billion USD, indicating a significant difference in their market valuations.
APO’s beta of 1.57 points to significantly higher volatility compared to ERIE (beta: 0.36), suggesting APO has greater potential for both gains and losses relative to market movements.
| Symbol | APO | ERIE |
|---|---|---|
| Company Name | Apollo Global Management, Inc. | Erie Indemnity Company |
| Country | US | US |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management - Global | Insurance - Brokers |
| CEO | Marc Jeffrey Rowan | Timothy Gerard NeCastro C.I.C., CPA |
| Price | 144.47 USD | 346.94 USD |
| Market Cap | 82.56 billion USD | 16.02 billion USD |
| Beta | 1.57 | 0.36 |
| Exchange | NYSE | NASDAQ |
| IPO Date | March 30, 2011 | October 2, 1995 |
| ADR | No | No |
Historical Performance
This chart compares the performance of APO and ERIE 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.
ERIE
31.37%
Insurance - Brokers Industry
- Max
- 40.40%
- Q3
- 30.52%
- Median
- 22.48%
- Q1
- 4.38%
- Min
- -5.38%
In the upper quartile for the Insurance - Brokers industry, ERIE’s Return on Equity of 31.37% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
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.
ERIE
26.02%
Insurance - Brokers Industry
- Max
- 11.62%
- Q3
- 11.18%
- Median
- 8.38%
- Q1
- 2.57%
- Min
- -1.51%
ERIE’s Return on Invested Capital of 26.02% is exceptionally high, placing it well beyond the typical range for the Insurance - Brokers industry. This demonstrates an outstanding ability to deploy capital efficiently and create significant value.
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.
ERIE
18.52%
Insurance - Brokers Industry
- Max
- 21.33%
- Q3
- 15.86%
- Median
- 10.63%
- Q1
- 1.06%
- Min
- -2.28%
A Net Profit Margin of 18.52% places ERIE in the upper quartile for the Insurance - Brokers industry, signifying strong profitability and more effective cost management than most of its peers.
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.
ERIE
21.46%
Insurance - Brokers Industry
- Max
- 28.73%
- Q3
- 23.24%
- Median
- 21.46%
- Q1
- 10.89%
- Min
- 5.35%
ERIE’s Operating Profit Margin of 21.46% is around the midpoint for the Insurance - Brokers industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | APO | ERIE |
|---|---|---|
| Return on Equity (TTM) | 21.02% | 31.37% |
| Return on Assets (TTM) | 0.91% | 20.69% |
| Return on Invested Capital (TTM) | 5.75% | 26.02% |
| Net Profit Margin (TTM) | 14.59% | 18.52% |
| Operating Profit Margin (TTM) | 29.75% | 21.46% |
| Gross Profit Margin (TTM) | 91.14% | 51.14% |
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.
ERIE
1.38
Insurance - Brokers Industry
- Max
- 1.90
- Q3
- 1.76
- Median
- 1.29
- Q1
- 1.14
- Min
- 1.05
ERIE’s Current Ratio of 1.38 aligns with the median group of the Insurance - Brokers industry, indicating that its short-term liquidity is in line with its sector 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.
ERIE
0.01
Insurance - Brokers Industry
- Max
- 4.59
- Q3
- 2.12
- Median
- 0.59
- Q1
- 0.07
- Min
- 0.01
Falling into the lower quartile for the Insurance - Brokers industry, ERIE’s Debt-to-Equity Ratio of 0.01 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.
ERIE
--
Insurance - Brokers Industry
- Max
- 29.40
- Q3
- 16.65
- Median
- 7.25
- Q1
- 4.20
- Min
- 1.60
Interest Coverage Ratio data for ERIE is currently unavailable.
Financial Strength at a Glance
| Symbol | APO | ERIE |
|---|---|---|
| Current Ratio (TTM) | 0.80 | 1.38 |
| Quick Ratio (TTM) | 0.80 | 1.38 |
| Debt-to-Equity Ratio (TTM) | 0.59 | 0.01 |
| Debt-to-Asset Ratio (TTM) | 0.03 | 0.00 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.35 | -0.42 |
| Interest Coverage Ratio (TTM) | 21.30 | -- |
Growth
The following charts compare key year-over-year (YoY) growth metrics for APO and ERIE. 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.
ERIE
1.52%
Insurance - Brokers Industry
- Max
- 2.63%
- Q3
- 1.34%
- Median
- 0.79%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 1.52%, ERIE offers a more attractive income stream than most of its peers in the Insurance - Brokers industry, signaling a strong commitment to shareholder returns.
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.
ERIE
39.35%
Insurance - Brokers Industry
- Max
- 45.22%
- Q3
- 39.19%
- Median
- 29.49%
- Q1
- 3.85%
- Min
- 0.00%
ERIE’s Dividend Payout Ratio of 39.35% is in the upper quartile for the Insurance - Brokers industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
Dividend at a Glance
| Symbol | APO | ERIE |
|---|---|---|
| Dividend Yield (TTM) | 1.31% | 1.52% |
| Dividend Payout Ratio (TTM) | 33.63% | 39.35% |
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.
ERIE
29.54
Insurance - Brokers Industry
- Max
- 45.50
- Q3
- 35.20
- Median
- 30.00
- Q1
- 28.34
- Min
- 26.42
ERIE’s P/E Ratio of 29.54 is within the middle range for the Insurance - Brokers industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
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.
ERIE
2.94
Insurance - Brokers Industry
- Max
- 3.32
- Q3
- 3.00
- Median
- 2.77
- Q1
- 2.41
- Min
- 2.09
ERIE’s Forward PEG Ratio of 2.94 is within the middle range of its peers in the Insurance - Brokers industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
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.
ERIE
4.83
Insurance - Brokers Industry
- Max
- 7.38
- Q3
- 5.34
- Median
- 4.27
- Q1
- 2.32
- Min
- 0.27
ERIE’s P/S Ratio of 4.83 aligns with the market consensus for the Insurance - Brokers industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
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.
ERIE
8.78
Insurance - Brokers Industry
- Max
- 10.90
- Q3
- 8.10
- Median
- 6.93
- Q1
- 4.15
- Min
- 1.12
ERIE’s P/B Ratio of 8.78 is in the upper tier for the Insurance - Brokers industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
Valuation at a Glance
| Symbol | APO | ERIE |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 23.62 | 29.54 |
| Forward PEG Ratio (TTM) | -0.24 | 2.94 |
| Price-to-Sales Ratio (P/S, TTM) | 3.35 | 4.83 |
| Price-to-Book Ratio (P/B, TTM) | 4.72 | 8.78 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 23.24 | 31.42 |
| EV-to-EBITDA (TTM) | 10.22 | 30.09 |
| EV-to-Sales (TTM) | 3.24 | 4.77 |