State Street Corporation has issued US$750 million in fixed-to-floating rate notes and implemented a daily net asset value (NAV) operating model for certain private markets strategies. This move supports Apollo's daily pricing initiative and caters to the demand for more frequent portfolio reporting, reinforcing State Street's position as a fee-driven financial platform. While these developments align with the company's focus on execution against productivity and margin goals, the core investment narrative remains centered on fee and margin resilience amidst ETF pricing pressure and the sustainability of operating leverage expectations.
Original sourceAPOLLO GLOBAL MANAGEMENT INC
Public company snapshot, recent ticker-linked headlines, and a path into evidence-backed AI research.
Latest price
$115.84
-2.29%
Alpha Vantage · 10/30/2026
One-year price history
Adjusted daily closes · 252 observations · as of Oct 30, 2026
1 month
+1.3%
3 months
-10.1%
6 months
-10.4%
1 year
-4.6%
Year to date
-18.9%
52-week range
$99.45 – $150.76
Fundamental snapshot
Latest reported period: Jun 30, 2026
Market cap
$68.41B
P/E
38.5
P/B
3.3
P/S
1.9
Revenue
$35.9B
Net income
$1.88B
Diluted EPS
2.73
Gross margin
39.00%
Net margin
5.00%
Return on equity
8.10%
Total debt
$13.73B
Cash
$28.42B
Free cash flow
$9.47B
Latest eight reported quarters
Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Jun 30, 2026 | $11.15B | $1.36B | 38.20% | 12.00% | $2.88B |
| Mar 31, 2026 | $5.06B | -$1.91B | 38.40% | -38.10% | $1.62B |
| Dec 31, 2025 | $9.86B | $684M | 35.00% | 6.70% | $4.67B |
| Sep 30, 2025 | $9.82B | $1.74B | 44.20% | 17.40% | $303M |
| Jun 30, 2025 | $6.81B | $630M | 35.50% | 8.90% | $1.26B |
| Mar 31, 2025 | $5.55B | $442M | 46.60% | 7.50% | $1.01B |
| Dec 31, 2024 | $5.28B | $1.49B | 55.60% | 27.70% | -$4M |
| Sep 30, 2024 | $7.77B | $811M | 41.00% | 10.10% | $1.85B |
Reported figures can reflect company reporting conventions, restatements, or sector-specific accounting. Verify against filings before relying on a valuation comparison.
Recent APO news
All market newsApollo Global Management has announced a strategic minority investment in Mubadala Capital, the alternative asset management subsidiary of Abu Dhabi’s sovereign wealth fund. This investment, which could be around 10%, aims to broaden Mubadala Capital's investor base, expand its strategies, and pursue new global opportunities, further strengthening Apollo's presence in Abu Dhabi. Together with additional strategic investors, an aggregate of $5 billion is expected to be committed to Mubadala Capital’s investment strategies.
Original sourceApollo Global Management and UDR, Inc. have formed a joint venture to hold 19 apartment communities valued at $2.0 billion, with Apollo-managed funds committing $1.34 billion for a two-thirds equity stake. This move reinforces Apollo's strategy as an originations and fee engine, adding a significant housing portfolio while the company navigates a forecast revenue decline but strong earnings growth. Analysts are focusing on Apollo's ability to translate growth initiatives into higher quality profit amidst execution risks and regulatory scrutiny.
Original source