Apollo Global Management, Inc.
Close on Nov 2, 2026Market cap $70.55BP/E 43.3Yield 1.67%
Apollo Global Management Dry Powder, Future Management Fee Potential & Uncalled by Year
Dry Powder, Future Management Fee Potential & Uncalled Commitments ($M)
Apollo Global Management Dry Powder, Future Management Fee Potential & Uncalled: $73,000M in FY2025, up 19.7% from a year earlier.
Where the FY2025 figure comes from
“• Dry Powder was $73 billion as of year-end, including $57 billion of Dry Powder with future management fee potential, of which approximately 70% is in Credit”
Source: Apollo Full Earnings Release Presentation (Q4 2025 — AGM_Earnings_Release_4Q_2025.pdf) ↗
Dry powder reached $82.0B as of Q2 2026 ($46.0B Credit + $36.0B Equity), of which $62.0B will generate management fees upon deployment.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Dry Powder, Future Management Fee Potential & Uncalled Commitments ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 73,000 | +19.7% | Apollo Full Earnings Release Presentation (Q4 2025 — AGM_Earnings_Release_4Q_2025.pdf) ↗ |
| FY2024 | Dec 31, 2024 | 61,000 | +5.2% | Apollo Full Earnings Release Presentation (Q4 2024 — AGM_Earnings_Release_4Q_2024.pdf) ↗ |
| FY2023 | Dec 31, 2023 | 58,000 | +13.7% | Apollo Full Earnings Release Presentation (Q4 2023 — AGM_Earnings_Release_4Q_2023.pdf) ↗ |
| FY2022 | Dec 31, 2022 | 51,000 | – | Apollo Full Earnings Release Presentation (Q4 2022 — AGM_Earnings_Release_4Q_2022.pdf) ↗ |
Breakdown
What makes up dry Powder, Future Management Fee Potential & Uncalled
Cite this data
StockData. (2026). Apollo Global Management Dry Powder, Future Management Fee Potential & Uncalled ($M), annual FY2022–FY2025 [Data set]. Compiled from Apollo Global Management SEC filings and investor materials. https://stockdatahq.com/stocks/apo/kpis/dry-powder-total
See every metric in the Apollo Global Management KPI table. Data updated Nov 2, 2026.