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Stock Comparison

BAM vs APO

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
BAM
Brookfield Asset Management Ltd.

Asset Management

Financial ServicesNYSE • CA
Market Cap$81.63B
5Y Perf.+69.6%
APO
Apollo Global Management, Inc.

Asset Management - Global

Financial ServicesNYSE • US
Market Cap$74.68B
5Y Perf.+103.1%

BAM vs APO — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
BAM logoBAM
APO logoAPO
IndustryAsset ManagementAsset Management - Global
Market Cap$81.63B$74.68B
Revenue (TTM)$3.98B$30.30B
Net Income (TTM)$2.60B$4.48B
Gross Margin71.0%88.5%
Operating Margin69.4%34.4%
Forward P/E26.3x14.6x
Total Debt$219M$13.36B
Cash & Equiv.$12M$19.24B

BAM vs APOLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

BAM
APO
StockDec 22May 26Return
Brookfield Asset Ma… (BAM)100169.6+69.6%
Apollo Global Manag… (APO)100203.1+103.1%

Price return only. Dividends and distributions are not included.

Quick Verdict: BAM vs APO

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: APO leads in 5 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. Brookfield Asset Management Ltd. is the stronger pick specifically for profitability and margin quality and operational efficiency and capital deployment. As sector peers, any of these can serve as alternatives in the same allocation.
BAM
Brookfield Asset Management Ltd.
The Banking Pick

BAM is the clearest fit if your priority is sleep-well-at-night.

  • Lower volatility, beta 1.50, Low D/E 6.7%, current ratio 0.88x
  • Efficiency ratio 0.0% vs APO's 0.5% (lower = leaner)
  • Efficiency ratio 0.0% vs APO's 0.5%
Best for: sleep-well-at-night
APO
Apollo Global Management, Inc.
The Banking Pick

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 BAM's 67.8%
Best for: income & stability and growth exposure
See the full category breakdown
CategoryWinnerWhy
GrowthAPO logoAPO16.0% NII/revenue growth vs BAM's -2.0%
ValueAPO logoAPOLower P/E (14.6x vs 26.3x)
Quality / MarginsBAM logoBAMEfficiency ratio 0.0% vs APO's 0.5% (lower = leaner)
Stability / SafetyAPO logoAPOBeta 1.43 vs BAM's 1.50
DividendsAPO logoAPO1.6% yield, 3-year raise streak, vs BAM's 0.8%
Momentum (1Y)APO logoAPO+1.7% vs BAM's -8.3%
Efficiency (ROA)BAM logoBAMEfficiency ratio 0.0% vs APO's 0.5%

BAM vs APO — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

BAMBrookfield Asset Management Ltd.

Segment breakdown not available.

APOApollo Global Management, Inc.
FY 2025
Retirement Services Segment
84.4%$27.0B
Asset Management Segment
15.6%$5.0B

BAM vs APO — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLAPOLAGGINGBAM

Income & Cash Flow (Last 12 Months)

BAM leads this category, winning 3 of 5 comparable metrics.

APO is the larger business by revenue, generating $30.3B annually — 7.6x BAM's $4.0B. BAM is the more profitable business, keeping 54.5% of every revenue dollar as net income compared to APO's 14.8%.

MetricBAM logoBAMBrookfield Asset …APO logoAPOApollo Global Man…
RevenueTrailing 12 months$4.0B$30.3B
EBITDAEarnings before interest/tax$3.0B$11.5B
Net IncomeAfter-tax profit$2.6B$4.5B
Free Cash FlowCash after capex$1.9B$5.4B
Gross MarginGross profit ÷ Revenue+71.0%+88.5%
Operating MarginEBIT ÷ Revenue+69.4%+34.4%
Net MarginNet income ÷ Revenue+54.5%+14.8%
FCF MarginFCF ÷ Revenue+15.8%+24.6%
Rev. Growth (YoY)Latest quarter vs prior year
EPS Growth (YoY)Latest quarter vs prior year+44.8%+16.3%
BAM leads this category, winning 3 of 5 comparable metrics.

Valuation Metrics

APO leads this category, winning 6 of 6 comparable metrics.

At 17.8x trailing earnings, APO trades at a 53% valuation discount to BAM's 38.0x P/E. On an enterprise value basis, APO's 6.0x EV/EBITDA is more attractive than BAM's 29.5x.

MetricBAM logoBAMBrookfield Asset …APO logoAPOApollo Global Man…
Market CapShares × price$81.6B$74.7B
Enterprise ValueMkt cap + debt − cash$81.8B$68.8B
Trailing P/EPrice ÷ TTM EPS38.00x17.84x
Forward P/EPrice ÷ next-FY EPS est.26.31x14.62x
PEG RatioP/E ÷ EPS growth rate0.24x
EV / EBITDAEnterprise value multiple29.48x6.00x
Price / SalesMarket cap ÷ Revenue20.51x2.46x
Price / BookPrice ÷ Book value/share24.90x1.85x
Price / FCFMarket cap ÷ FCF130.19x10.02x
APO leads this category, winning 6 of 6 comparable metrics.

Profitability & Efficiency

BAM leads this category, winning 7 of 9 comparable metrics.

BAM delivers a 24.4% return on equity — every $100 of shareholder capital generates $24 in annual profit, vs $12 for APO. BAM carries lower financial leverage with a 0.07x debt-to-equity ratio, signaling a more conservative balance sheet compared to APO's 0.31x. On the Piotroski fundamental quality scale (0–9), BAM scores 4/9 vs APO's 3/9, reflecting mixed financial health.

MetricBAM logoBAMBrookfield Asset …APO logoAPOApollo Global Man…
ROE (TTM)Return on equity+24.4%+12.1%
ROA (TTM)Return on assets+15.8%+1.0%
ROICReturn on invested capital+71.0%+16.0%
ROCEReturn on capital employed+103.0%+8.8%
Piotroski ScoreFundamental quality 0–943
Debt / EquityFinancial leverage0.07x0.31x
Net DebtTotal debt minus cash$207M-$5.9B
Cash & Equiv.Liquid assets$12M$19.2B
Total DebtShort + long-term debt$219M$13.4B
Interest CoverageEBIT ÷ Interest expense9.00x28.98x
BAM leads this category, winning 7 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

APO leads this category, winning 5 of 6 comparable metrics.

A $10,000 investment in APO five years ago would be worth $24,242 today (with dividends reinvested), compared to $16,777 for BAM. Over the past 12 months, APO leads with a +1.7% total return vs BAM's -8.3%. The 3-year compound annual growth rate (CAGR) favors APO at 29.8% vs BAM's 17.4% — a key indicator of consistent wealth creation.

MetricBAM logoBAMBrookfield Asset …APO logoAPOApollo Global Man…
YTD ReturnYear-to-date-8.1%-11.3%
1-Year ReturnPast 12 months-8.3%+1.7%
3-Year ReturnCumulative with dividends+62.0%+118.6%
5-Year ReturnCumulative with dividends+67.8%+142.4%
10-Year ReturnCumulative with dividends+67.8%+768.9%
CAGR (3Y)Annualised 3-year return+17.4%+29.8%
APO leads this category, winning 5 of 6 comparable metrics.

Risk & Volatility

APO leads this category, winning 2 of 2 comparable metrics.

APO is the less volatile stock with a 1.43 beta — it tends to amplify market swings less than BAM's 1.50 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. APO currently trades 82.4% from its 52-week high vs BAM's 75.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricBAM logoBAMBrookfield Asset …APO logoAPOApollo Global Man…
Beta (5Y)Sensitivity to S&P 5001.50x1.43x
52-Week HighHighest price in past year$64.10$157.28
52-Week LowLowest price in past year$42.20$99.56
% of 52W HighCurrent price vs 52-week peak+75.9%+82.4%
RSI (14)Momentum oscillator 0–10058.666.7
Avg Volume (50D)Average daily shares traded3.6M5.2M
APO leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

APO leads this category, winning 2 of 2 comparable metrics.

Wall Street rates BAM as "Buy" and APO as "Buy". Consensus price targets imply 27.1% upside for BAM (target: $62) vs 21.4% for APO (target: $157). For income investors, APO offers the higher dividend yield at 1.65% vs BAM's 0.77%.

MetricBAM logoBAMBrookfield Asset …APO logoAPOApollo Global Man…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$61.83$157.25
# AnalystsCovering analysts2028
Dividend YieldAnnual dividend ÷ price+0.8%+1.6%
Dividend StreakConsecutive years of raises13
Dividend / ShareAnnual DPS$0.38$2.14
Buyback YieldShare repurchases ÷ mkt cap+0.0%+1.0%
APO leads this category, winning 2 of 2 comparable metrics.
Key Takeaway

APO leads in 4 of 6 categories (Valuation Metrics, Total Returns). BAM leads in 2 (Income & Cash Flow, Profitability & Efficiency).

Best OverallApollo Global Management, I… (APO)Leads 4 of 6 categories
Loading custom metrics...

BAM vs APO: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is BAM 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 -2. 0% for Brookfield Asset Management Ltd. (BAM). Apollo Global Management, Inc. (APO) offers the better valuation at 17. 8x trailing P/E (14. 6x forward), making it the more compelling value choice. Analysts rate Brookfield Asset Management Ltd. (BAM) a "Buy" — based on 20 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.

02

Which has the better valuation — BAM or APO?

On trailing P/E, Apollo Global Management, Inc.

(APO) is the cheapest at 17. 8x versus Brookfield Asset Management Ltd. at 38. 0x. On forward P/E, Apollo Global Management, Inc. is actually cheaper at 14. 6x.

03

Which is the better long-term investment — BAM or APO?

Over the past 5 years, Apollo Global Management, Inc.

(APO) delivered a total return of +142. 4%, compared to +67. 8% for Brookfield Asset Management Ltd. (BAM). Over 10 years, the gap is even starker: APO returned +768. 9% versus BAM's +67. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — BAM or APO?

By beta (market sensitivity over 5 years), Apollo Global Management, Inc.

(APO) is the lower-risk stock at 1. 43β versus Brookfield Asset Management Ltd. 's 1. 50β — meaning BAM is approximately 5% more volatile than APO relative to the S&P 500. On balance sheet safety, Brookfield Asset Management Ltd. (BAM) carries a lower debt/equity ratio of 7% versus 31% for Apollo Global Management, Inc. — giving it more financial flexibility in a downturn.

05

Which is growing faster — BAM or APO?

By revenue growth (latest reported year), Apollo Global Management, Inc.

(APO) is pulling ahead at 16. 0% versus -2. 0% for Brookfield Asset Management Ltd. (BAM). On earnings-per-share growth, the picture is similar: Brookfield Asset Management Ltd. grew EPS 10. 5% year-over-year, compared to -1. 0% for Apollo Global Management, Inc.. 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.

06

Which has better profit margins — BAM or APO?

Brookfield Asset Management Ltd.

(BAM) is the more profitable company, earning 54. 5% net margin versus 14. 8% for Apollo Global Management, Inc. — meaning it keeps 54. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BAM leads at 69. 4% 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.

07

Is BAM or APO more undervalued right now?

On forward earnings alone, Apollo Global Management, Inc.

(APO) trades at 14. 6x forward P/E versus 26. 3x for Brookfield Asset Management Ltd. — 11. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for BAM: 27. 1% to $61. 83.

08

Which pays a better dividend — BAM or APO?

All stocks in this comparison pay dividends.

Apollo Global Management, Inc. (APO) offers the highest yield at 1. 6%, versus 0. 8% for Brookfield Asset Management Ltd. (BAM).

09

Is BAM 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, +768. 9% 10Y return). Both have compounded well over 10 years (APO: +768. 9%, BAM: +67. 8%), 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.

10

What are the main differences between BAM 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: BAM is a mid-cap quality compounder stock; APO is a mid-cap high-growth stock. 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.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.

Stocks Like

BAM

Quality Mega-Cap Compounder

  • Sector: Financial Services
  • Market Cap > $100B
  • Net Margin > 32%
  • Dividend Yield > 0.5%
Run This Screen
Stocks Like

APO

High-Growth Compounder

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 8%
  • Net Margin > 8%
Run This Screen
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Beat Both

Find stocks that outperform BAM and APO on the metrics below

Revenue Growth>
%
(BAM: -2.0% · APO: 16.0%)
Net Margin>
%
(BAM: 54.5% · APO: 14.8%)
P/E Ratio<
x
(BAM: 38.0x · APO: 17.8x)

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