Asset Management
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BN vs APO
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management - Global
BN vs APO — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management | Asset Management - Global |
| Market Cap | $104.26B | $74.68B |
| Revenue (TTM) | $77.66B | $30.30B |
| Net Income (TTM) | $1.31B | $4.48B |
| Gross Margin | 40.0% | 88.5% |
| Operating Margin | 39.9% | 34.4% |
| Forward P/E | 16.7x | 14.4x |
| Total Debt | $263.42B | $13.36B |
| Cash & Equiv. | $16.24B | $19.24B |
BN vs APO — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Brookfield Corporat… (BN) | 100 | 273.1 | +173.1% |
| Apollo Global Manag… (APO) | 100 | 268.5 | +168.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BN vs APO
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BN is the clearest fit if your priority is quality and momentum.
- Efficiency ratio 0.0% vs APO's 0.5% (lower = leaner)
- +28.5% vs APO's +1.7%
- Efficiency ratio 0.0% vs APO's 0.5%
APO carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 3 yrs, beta 1.43, yield 1.6%
- Rev growth 16.0%, EPS growth -1.0%
- 7.7% 10Y total return vs BN's 305.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 16.0% NII/revenue growth vs BN's -9.7% | |
| Value | Lower P/E (14.4x vs 16.7x) | |
| Quality / Margins | Efficiency ratio 0.0% vs APO's 0.5% (lower = leaner) | |
| Stability / Safety | Beta 1.43 vs BN's 1.57, lower leverage | |
| Dividends | 1.6% yield; 3-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +28.5% vs APO's +1.7% | |
| Efficiency (ROA) | Efficiency ratio 0.0% vs APO's 0.5% |
BN vs APO — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
BN vs APO — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — BN and APO each lead in 2 of 4 comparable metrics.
Income & Cash Flow (Last 12 Months)
BN is the larger business by revenue, generating $77.7B annually — 2.6x APO's $30.3B. APO is the more profitable business, keeping 14.8% of every revenue dollar as net income compared to BN's 1.7%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $77.7B | $30.3B |
| EBITDAEarnings before interest/tax | $32.1B | $11.5B |
| Net IncomeAfter-tax profit | $1.3B | $4.5B |
| Free Cash FlowCash after capex | -$2.8B | $5.4B |
| Gross MarginGross profit ÷ Revenue | +40.0% | +88.5% |
| Operating MarginEBIT ÷ Revenue | +39.9% | +34.4% |
| Net MarginNet income ÷ Revenue | +1.7% | +14.8% |
| FCF MarginFCF ÷ Revenue | — | +24.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +73.1% | +16.3% |
Valuation Metrics
APO leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
At 17.8x trailing earnings, APO trades at a 100% valuation discount to BN's 9999.0x P/E. On an enterprise value basis, APO's 6.0x EV/EBITDA is more attractive than BN's 8.5x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $104.3B | $74.7B |
| Enterprise ValueMkt cap + debt − cash | $351.4B | $68.8B |
| Trailing P/EPrice ÷ TTM EPS | 9999.00x | 17.84x |
| Forward P/EPrice ÷ next-FY EPS est. | 16.69x | 14.42x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.24x |
| EV / EBITDAEnterprise value multiple | 8.52x | 6.00x |
| Price / SalesMarket cap ÷ Revenue | 1.34x | 2.46x |
| Price / BookPrice ÷ Book value/share | 0.66x | 1.85x |
| Price / FCFMarket cap ÷ FCF | — | 10.02x |
Profitability & Efficiency
APO leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
APO delivers a 12.1% return on equity — every $100 of shareholder capital generates $12 in annual profit, vs $1 for BN. APO carries lower financial leverage with a 0.31x debt-to-equity ratio, signaling a more conservative balance sheet compared to BN's 1.59x. On the Piotroski fundamental quality scale (0–9), BN scores 5/9 vs APO's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +0.8% | +12.1% |
| ROA (TTM)Return on assets | +0.3% | +1.0% |
| ROICReturn on invested capital | +5.6% | +16.0% |
| ROCEReturn on capital employed | +7.2% | +8.8% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 3 |
| Debt / EquityFinancial leverage | 1.59x | 0.31x |
| Net DebtTotal debt minus cash | $247.2B | -$5.9B |
| Cash & Equiv.Liquid assets | $16.2B | $19.2B |
| Total DebtShort + long-term debt | $263.4B | $13.4B |
| Interest CoverageEBIT ÷ Interest expense | 1.64x | 28.98x |
Total Returns (Dividends Reinvested)
BN leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in APO five years ago would be worth $24,242 today (with dividends reinvested), compared to $19,191 for BN. Over the past 12 months, BN leads with a +28.5% total return vs APO's +1.7%. The 3-year compound annual growth rate (CAGR) favors BN at 30.4% vs APO's 29.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -0.2% | -11.3% |
| 1-Year ReturnPast 12 months | +28.5% | +1.7% |
| 3-Year ReturnCumulative with dividends | +121.8% | +118.6% |
| 5-Year ReturnCumulative with dividends | +91.9% | +142.4% |
| 10-Year ReturnCumulative with dividends | +305.3% | +768.9% |
| CAGR (3Y)Annualised 3-year return | +30.4% | +29.8% |
Risk & Volatility
Evenly matched — BN and APO each lead in 1 of 2 comparable metrics.
Risk & Volatility
APO is the less volatile stock with a 1.43 beta — it tends to amplify market swings less than BN's 1.57 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BN currently trades 93.7% from its 52-week high vs APO's 82.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.57x | 1.43x |
| 52-Week HighHighest price in past year | $49.57 | $157.28 |
| 52-Week LowLowest price in past year | $35.95 | $99.56 |
| % of 52W HighCurrent price vs 52-week peak | +93.7% | +82.4% |
| RSI (14)Momentum oscillator 0–100 | 59.8 | 66.7 |
| Avg Volume (50D)Average daily shares traded | 5.9M | 5.2M |
Analyst Outlook
APO leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates BN as "Buy" and APO as "Buy". Consensus price targets imply 21.4% upside for APO (target: $157) vs 17.1% for BN (target: $54). APO is the only dividend payer here at 1.65% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $54.40 | $157.25 |
| # AnalystsCovering analysts | 9 | 28 |
| Dividend YieldAnnual dividend ÷ price | — | +1.6% |
| Dividend StreakConsecutive years of raises | 1 | 3 |
| Dividend / ShareAnnual DPS | — | $2.14 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.0% |
APO leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). BN leads in 1 (Total Returns). 2 tied.
BN vs APO: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is BN or APO a better buy right now?
For growth investors, Apollo Global Management, Inc.
(APO) is the stronger pick with 16. 0% revenue growth year-over-year, versus -9. 7% for Brookfield Corporation (BN). Apollo Global Management, Inc. (APO) offers the better valuation at 17. 8x trailing P/E (14. 4x forward), making it the more compelling value choice. Analysts rate Brookfield Corporation (BN) a "Buy" — based on 9 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — BN or APO?
On trailing P/E, Apollo Global Management, Inc.
(APO) is the cheapest at 17. 8x versus Brookfield Corporation at 9999. 0x. On forward P/E, Apollo Global Management, Inc. is actually cheaper at 14. 4x.
03Which is the better long-term investment — BN or APO?
Over the past 5 years, Apollo Global Management, Inc.
(APO) delivered a total return of +142. 4%, compared to +91. 9% for Brookfield Corporation (BN). Over 10 years, the gap is even starker: APO returned +759. 2% versus BN's +308. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — BN or APO?
By beta (market sensitivity over 5 years), Apollo Global Management, Inc.
(APO) is the lower-risk stock at 1. 43β versus Brookfield Corporation's 1. 57β — meaning BN is approximately 9% more volatile than APO relative to the S&P 500. On balance sheet safety, Apollo Global Management, Inc. (APO) carries a lower debt/equity ratio of 31% versus 159% for Brookfield Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — BN or APO?
By revenue growth (latest reported year), Apollo Global Management, Inc.
(APO) is pulling ahead at 16. 0% versus -9. 7% for Brookfield Corporation (BN). On earnings-per-share growth, the picture is similar: Apollo Global Management, Inc. grew EPS -1. 0% year-over-year, compared to -99. 8% for Brookfield Corporation. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — BN or APO?
Apollo Global Management, Inc.
(APO) is the more profitable company, earning 14. 8% net margin versus 1. 7% for Brookfield Corporation — meaning it keeps 14. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BN leads at 39. 9% versus 34. 4% for APO. At the gross margin level — before operating expenses — APO leads at 88. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is BN or APO more undervalued right now?
On forward earnings alone, Apollo Global Management, Inc.
(APO) trades at 14. 4x forward P/E versus 16. 7x for Brookfield Corporation — 2. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for APO: 21. 4% to $157. 25.
08Which pays a better dividend — BN or APO?
In this comparison, APO (1.
6% yield) pays a dividend. BN does not pay a meaningful dividend and should not be held primarily for income.
09Is BN or APO better for a retirement portfolio?
For long-horizon retirement investors, Apollo Global Management, Inc.
(APO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (1. 6% yield, +759. 2% 10Y return). Brookfield Corporation (BN) carries a higher beta of 1. 57 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (APO: +759. 2%, BN: +308. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between BN and APO?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: BN is a mid-cap quality compounder stock; APO is a mid-cap high-growth stock. APO pays a dividend while BN does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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