Apollo Global Management (APO) FY2022 results: revenue $11.0 billion, up 84.3% on the year
Apollo Global Management, Inc. (APO) reported revenue of $11.0 billion for fiscal 2022, the year ended 31 December 2022, up 84.3% on the year before. Net income was -$2.0 billion, and diluted earnings per share $-3.43. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2023.
Revenue
$11.0 billion
+84.3% on the year
FY2015FY2022
Operating margin
-45.1%
30.9% a year earlier
FY2015FY2022
Net income
-$2.0 billion
FY2015FY2022
Diluted EPS
-$3.43
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
3,789
1,064
-1,616
+256.1%
Capital expenditure
n/a
64.7
59.6
Free cash flow
n/a
999
-1,676
Free cash flow margin
n/a
16.8%
-71.2%
Cash from investing
-23,444
-1,552
-838
Cash from financing
28,710
109
3,299
+26,239.4%
Depreciation and amortisation
529
27.0
19.0
+1,859.3%
Share-based compensation
540
1,181
213
-54.3%
Buybacks
635
299
92.0
+112.1%
Dividends paid
962
517
550
+86.0%
Dividend per share
$1.60
$2.10
$2.31
-23.8%
Diluted shares, weighted
585m
237m
228m
+147.2%
Shares outstanding at period end
570m
n/a
n/a
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
6,640
3,789
1,429
+75.2%
Non-controlling interest
7,726
6,405
4,084
+20.6%
Redeemable equity
1,032
1,770
783
-41.7%
Debt
6,472
3,134
3,155
+106.5%
Other liabilities
235,347
15,403
14,218
+1,427.9%
Total liabilities and equity
257,217
30,502
23,669
+743.3%
Fixed assets
n/a
126
80.0
Goodwill
4,322
117
117
+3,595.3%
Intangible assets
n/a
14.8
23.6
Securities held for sale or to maturity
112,225
n/a
n/a
Cash and equivalents
8,980
917
1,556
+879.1%
Other assets
131,690
29,327
21,893
+349.0%
Total assets
257,217
30,502
23,669
+743.3%
10-K for the year ended 31 December 2022, filed 1 March 2023: the filing.