APOLLO GLOBAL MANAGEMENT, INC. APO Income Statement

Apollo global management, inc. (APO)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues:
Gain (Loss) On Investments, Performance Allocation
-928	1,057	152	23	-24	-400	626	838	829	1,306	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal Investment Gain (Loss)
-47	166	78	61	44	5	84	115	110	161	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total investment income (loss)
-976	1,223	231	84	19	-395	710	953	939	1,467	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Carried interest income from related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	384	130	-92	97	120	117	297	394	915	1,924	1,916	2,862	3,299	2,897	2,618	2,129	1,668	-499	-334	-397	-563	1,001	0	0	0
Revenues
784	2,931	1,902	1,717	1,603	1,093	2,136	2,330	2,256	2,771	2,632	2,424	2,634	2,073	1,478	1,168	859	1,041	1,123	1,151	1,371	1,560	2,079	2,990	2,915	3,733	4,097	3,677	3,392	2,859	2,346	154	252	171	-15	1,543	0	0	0
Expenses:
Compensation and benefits:
Salary and Wage, NonOfficer, Excluding Cost of Good and Service Sold
534	514	485	471	462	459	456	452	443	428	415	398	393	389	374	375	364	354	347	344	345	338	331	322	301	294	293	277	282	274	250	254	244	251	265	257	0	0	0
Share-based Payment Arrangement, Expense
196	189	181	189	182	173	144	118	103	91	99	100	112	102	98	103	91	97	98	81	87	126	118	125	139	126	272	396	495	598	725	869	1,015	1,149	1,141	1,132	0	0	0
Profit Sharing Expense
-202	556	101	75	77	-57	296	370	358	515	516	469	539	357	175	64	-1	85	107	121	220	276	456	887	853	1,173	1,340	1,154	1,046	872	722	-79	-28	-60	-156	374	0	0	0
Incentive fee compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	4	15	0	0	0
Total compensation and benefits
528	1,261	768	736	723	574	897	942	905	1,035	1,031	969	1,044	849	647	543	454	537	552	546	653	740	906	1,334	1,295	1,594	1,907	1,827	1,824	1,745	1,696	1,038	1,220	1,340	1,255	1,779	0	0	0
Interest expense
110	98	85	72	64	59	57	55	53	52	52	52	48	43	38	32	30	30	29	29	26	22	21	21	24	29	30	30	33	37	38	41	41	40	38	38	0	0	0
General and Administrative Expense
343	330	310	295	276	266	262	260	257	257	249	240	250	247	376	339	290	255	257	259	263	265	101	99	99	98	91	94	91	87	86	79	78	75	69	70	0	0	0
Professional fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	84	85	86	83	81	74	69	64	61	57	53	59	46	49	0	0	0
Occupancy
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	40	40	40	39	39	39	38	37	37	38	37	35	31	26	0	0	0
Placement Fees
2	1	1	1	1	2	2	7	12	13	33	29	26	26	8	9	8	8	7	13	15	15	40	35	34	42	24	25	30	22	14	11	4	3	2	1	0	0	0
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	46	48	51	54	57	61	59	53	43	33	28	26	25	24	0	0	0
Operating Expenses
984	1,691	1,165	1,107	1,066	902	1,221	1,265	1,228	1,360	1,366	1,291	1,370	1,165	955	847	748	830	841	843	953	1,043	1,242	1,664	1,633	1,941	2,233	2,153	2,147	2,047	1,979	1,301	1,464	1,582	1,469	1,989	0	0	0
Other Income (Loss):
Investment Income, Net, Amortization of Discount and Premium
-1,145	138	-162	12	-100	-186	12	-73	-6	95	192	141	230	139	64	127	63	121	106	25	-8	213	416	490	501	330	265	211	182	288	170	-221	-130	-129	-49	311	0	0	0
Net gains from investment activities of consolidated variable interest entities
-135	39	41	43	48	45	28	16	13	10	13	13	7	5	13	13	19	19	38	-61	-23	22	100	278	199	199	49	-74	-7	-71	-5	35	-9	24	32	18	0	0	0
Income from equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	61	39	12	14	13	16	29	53	85	113	102	107	107	115	94	110	126	29	35	13	-1	52	0	0	0
Interest income
36	35	33	28	24	20	17	13	9	6	3	3	4	4	3	3	3	3	4	5	7	10	11	12	12	12	12	12	11	9	10	7	6	4	1	1	0	0	0
Other Nonoperating Income (Expense)
-62	-46	-2	43	31	35	202	225	231	245	48	23	23	4	1	1	2	7	37	47	47	60	43	55	56	40	31	17	1,960	1,964	2,153	2,135	203	205	59	95	0	0	0
Total Other Income (Loss)
-1,307	167	-91	127	3	-84	260	180	246	357	194	140	270	153	144	186	99	166	201	34	53	360	657	950	872	689	465	282	2,241	2,301	2,455	1,985	105	118	43	479	0	0	0
Income before income tax (provision) benefit
-1,507	1,407	644	737	541	105	1,176	1,245	1,274	1,769	1,459	1,273	1,534	1,061	668	507	210	377	483	341	471	877	1,494	2,276	2,155	2,481	2,330	1,807	3,486	3,113	2,823	839	-1,106	-1,292	-1,441	32	0	0	0
Income Tax Expense (Benefit)
-444	-128	-155	95	97	86	395	393	373	325	4	17	56	90	68	44	16	26	71	94	120	147	120	138	121	107	102	76	69	65	73	31	17	11	16	48	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-1,062	1,536	800	642	444	19	858	930	979	1,443	1,376	1,177	1,399	970	600	462	194	350	411	247	351	729	1,374	2,137	2,033	2,373	2,228	1,730	3,416	3,047	2,756	814	-1,124	-1,304	-1,465	-23	0	0	0
Net Income (Loss) Attributable to Noncontrolling Interest
-760	693	311	344	247	29	492	532	553	814	769	678	819	567	358	273	123	215	261	135	224	561	1,069	1,642	1,550	1,714	1,556	1,168	2,954	2,736	2,499	1,106	-715	-835	-902	147	0	0	0
Net Income (Loss) Attributable to Apollo Global Management, Inc.
-302	843	489	298	196	-10	366	397	425	629	606	498	580	402	241	188	70	134	150	111	126	168	338	395	0	-	0	0	-	-	-	-	-	-	-	0	-	0	0
Net income attributable to Series A Preferred Shareholders
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	0.66	-	0.52	0.49	0.45	0.35	0.37	0.25	0.28	0.35	0.42	0.33	0.86	0.73	0.46	0.84	1.08	-	1.32	-	-	-	0.24	0.25	0.46	0.20	0.24	0.22	0.17	0.07	0.07
Net (Loss) Income Available to Class A Shareholders
-302	843	489	298	196	-10	366	397	425	629	534	505	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Earnings Per Share [Abstract]
Earnings Per Share, Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3.86	-0.46	0.33	0.23	-0.79
Weighted Average Number of Class A Shares-Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	97	96
Asset Management [Member]
Revenues
1,592	1,575	1,520	1,485	1,438	1,345	1,289	1,232	1,172	1,154	1,120	1,093	1,079	1,043	1,011	975	939	930	900	869	865	850	861	805	733	674	619	615	603	580	543	518	496	487	468	452	0	0	0
Investment Advice [Member]
Revenues
141	123	137	133	118	112	104	107	116	117	98	112	153	146	82	62	12	14	101	163	209	315	303	260	265	196	178	165	169	149	134	135	89	81	79	89	0	0	0
Incentive fees
Revenues
27	8	12	13	27	30	31	36	28	31	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series A Preferred Stock
Preferred Stock Dividends
17	17	17	17	17	17	17	17	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series B Preferred Stock
Preferred Stock Dividends
19	19	19	19	18	14	9	4	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class A Common Stock
Net Income (Loss) Attributable to Apollo Global Management, Inc. Class A Common Stockholders
-338	806	453	261	160	-42	339	375	407	615	525	500	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Available to Class A Common Stock – Basic (in USD per share)
-4.47	0.66	1.64	0.75	0.67	-0.98	0.77	0.25	-0.34	0.93	1.00	0.44	0.75	0.89	0.50	0.91	-0.19	0.02	0.20	0.30	0.09	0.02	-0.05	0.33	0.32	1.01	1.13	0.32	1.60	1.23	0.55	-0.38	0.66	-	-	-	-	-	-
Net Income (Loss) Available to Class A Common Stock – Diluted (in USD per share)
-4.47	0.66	1.63	0.75	0.67	-0.98	0.77	0.25	-0.34	0.91	1.00	0.44	0.75	0.89	0.50	0.91	-0.19	0.02	0.20	0.30	0.09	0.02	-0.05	0.33	0.32	0.99	1.13	0.32	1.59	1.23	0.55	-0.38	0.66	-	-	-	-	-	-
Weighted Average Number of Shares of Class A Common Stock Outstanding – Basic (in shares)
226	222	205	199	200	200	200	200	198	193	192	190	186	185	184	183	182	180	176	170	165	162	158	152	147	145	142	137	131	130	128	126	125	123	122	120	98	-	-
Weighted Average Number of Shares of Class A Common Stock Outstanding – Diluted (in shares)
226	226	207	199	200	200	200	200	198	200	192	190	186	185	184	183	182	180	176	170	165	162	158	152	147	149	146	137	136	132	131	126	127	123	122	120	98	-	-