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APO vs. MS: Apollo Global Management vs. Morgan Stanley Stock Comparison

How do Apollo Global Management (APO) and Morgan Stanley (MS) 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 Morgan Stanley (MS) both fall under the Financial Services industry group, but APO is classified in Financial Services while MS is classified in Capital Markets.

Company profile comparison for Apollo Global Management (APO) and Morgan Stanley (MS)
Profile ItemAPOMS
NameApollo Global Management Inc.Morgan Stanley Common Stock
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupFinancial ServicesFinancial Services
GICS IndustryFinancial ServicesCapital Markets
GICS Sub-IndustryDiversified Financial ServicesInvestment Banking & Brokerage
Market Capitalization68.93 billion USD283.60 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 30, 2011February 23, 1993
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

APO
MS
GSPC
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Apollo Global Management (APO) vs. Morgan Stanley (MS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Apollo Global Management (APO) and Morgan Stanley (MS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Apollo Global Management (APO) and Morgan Stanley (MS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Apollo Global Management (APO) and Morgan Stanley (MS)
MetricAPOMS
Total Return (1Y)-6.67%19.44%
Total Return (3Y, Annualized)14.75%40.69%
Total Return (5Y, Annualized)11.91%17.38%

Risk Profile

Drawdown History

APO
MS
GSPC
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Apollo Global Management (APO) vs. Morgan Stanley (MS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Apollo Global Management (APO) and Morgan Stanley (MS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Apollo Global Management (APO) and Morgan Stanley (MS)
MetricAPOMS
Volatility (1Y, Annualized)37.21%29.73%
Beta (5Y)1.471.21
Max Drawdown (5Y)-42.82%-32.38%
Avg. Volume (3M)3.35M5.37M

Risk-Adjusted Performance

Risk-Return Positioning

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APO and MS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Apollo Global Management (APO) and Morgan Stanley (MS)
MetricAPOMS
Sharpe Ratio (1Y)-0.290.51
Sortino Ratio (1Y)-0.420.73

Profitability

ROE (TTM)

Morgan Stanley (MS) at 18.04% is around its peer norm for ROE, while Apollo Global Management (APO) at 1.89% drops into the bottom quartile, signaling weaker returns on shareholders’ 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%

MS

Financial Services industry group

18.04%

Max
44.78%
Q3
21.85%
MS
18.04%
Median
12.91%
Q1
4.48%
Min
-18.71%
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Apollo Global Management (APO) vs. Morgan Stanley (MS): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Apollo Global Management (APO) reports a negative net margin of -3.01%, usually indicating a net loss over the period. Meanwhile Morgan Stanley (MS) reports 25.63%, 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%

MS

Financial Services industry group

25.63%

Max
62.84%
Q3
28.05%
MS
25.63%
Median
15.36%
Q1
4.82%
Min
-28.52%
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Apollo Global Management (APO) vs. Morgan Stanley (MS): A comparison of their net margin against the Financial Services industry group benchmark.

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 Morgan Stanley (MS) reports 39.00%, 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%

MS

Financial Services industry group

39.00%

Max
107.33%
Q3
55.90%
MS
39.00%
Median
30.09%
Q1
14.60%
Min
-44.34%
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Apollo Global Management (APO) vs. Morgan Stanley (MS): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Apollo Global Management (APO) and Morgan Stanley (MS)
MetricAPOMS
ROE (TTM)1.89%18.04%
ROA (TTM)0.15%1.35%
Net Margin (TTM)-3.01%25.63%
Operating Margin (TTM)-44.34%39.00%
Gross Margin (TTM)----

Growth

Revenue Growth

Both Apollo Global Management (APO) at 22.73% and Morgan Stanley (MS) at 14.48% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Apollo Global Management (APO) vs. Morgan Stanley (MS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Morgan Stanley (MS) at 28.43% 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.

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Apollo Global Management (APO) vs. Morgan Stanley (MS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Apollo Global Management (APO) and Morgan Stanley (MS)
MetricAPOMS
Revenue Growth (YoY)22.73%14.48%
Revenue Growth (3Y CAGR)42.96%9.52%
EPS Growth (YoY)-24.42%28.43%
EPS Growth (3Y CAGR)--18.41%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Apollo Global Management (APO) in Financial Services and Morgan Stanley (MS) 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 Morgan Stanley (MS) 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

Financial strength metrics for Apollo Global Management (APO) and Morgan Stanley (MS)
MetricAPOMS
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Both Apollo Global Management (APO) at 1.87% and Morgan Stanley (MS) at 2.40% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

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%

MS

Financial Services industry group

2.40%

Max
9.77%
Q3
3.92%
MS
2.40%
Median
1.09%
Q1
0.00%
Min
0.00%
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Apollo Global Management (APO) vs. Morgan Stanley (MS): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Apollo Global Management (APO) at 75.00% and Morgan Stanley (MS) at 32.91% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

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%

MS

Financial Services industry group

32.91%

Max
241.07%
Q3
97.36%
MS
32.91%
Median
25.77%
Q1
0.00%
Min
0.00%
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Apollo Global Management (APO) vs. Morgan Stanley (MS): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Apollo Global Management (APO) and Morgan Stanley (MS)
MetricAPOMS
Dividend Yield (TTM)1.87%2.40%
Dividend Payout Ratio (TTM)75.00%32.91%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Morgan Stanley (MS) trades at 14.39 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
--

MS

Financial Services industry group

14.39

Max
45.85
Q3
24.64
Median
15.37
MS
14.39
Q1
9.68
Min
0.16
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Apollo Global Management (APO) vs. Morgan Stanley (MS): APO does not report P/E ratio, so it has no value marker; MS is benchmarked against the Financial Services industry group.

P/S Ratio (TTM)

On P/S ratio, both Apollo Global Management (APO) at 2.26 and Morgan Stanley (MS) at 3.55 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

MS

Financial Services industry group

3.55

Max
9.23
Q3
4.57
MS
3.55
Median
2.72
Q1
1.28
Min
-0.55
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Apollo Global Management (APO) vs. Morgan Stanley (MS): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

Morgan Stanley (MS) at 2.65 is valued about in line with its industry on P/B ratio, while Apollo Global Management (APO) at 4.32 carries an above-peer premium to book — APO is pricier on assets.

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

MS

Financial Services industry group

2.65

Max
7.79
Q3
3.63
MS
2.65
Median
1.57
Q1
0.81
Min
-0.39
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Apollo Global Management (APO) vs. Morgan Stanley (MS): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Apollo Global Management (APO) and Morgan Stanley (MS)
MetricAPOMS
P/E Ratio (TTM)--14.39
P/S Ratio (TTM)2.263.55
P/B Ratio (MRQ)4.322.65
Free Cash Flow Yield (TTM)----