Apollo Reports Q4 Preliminary Net Investment Income of $325M

Apollo Global Management, Inc. APO and its subsidiary Athene Holding Ltd. reported preliminary estimates of the company’s alternative net investment income for the fourth quarter ended Dec. 31, 2025.The metric is a component of Spread Related Earnings, which is used to assess the performance of the company’s Retirement Services segment.APO’s Preliminary Net Investment Income DetailsThe company estimates alternative net investment income to be approximately $325 million (pre-tax) for the fourth quarter ended Dec. 31, 2025, implying a 10% annualized return on alternative net investments.Among these alternative net investments, Athene’s pooled investment vehicle, which holds the majority of its alternative assets, is estimated to deliver a 10% annualized return for the fourth quarter. Other alternative investments, including retirement services platforms, are expected to return nearly 7% during the same period. These estimates exclude income attributable to non-controlling interests.The fourth quarter of 2025 alternative investment income is expected to be higher than the $269 million reported in the fourth quarter of 2024.Alternative investment income is projected to grow steadily, supported by global economic expansion, technological advancements, digital innovation in financial services, and rising demand for capital raising.APO’s Zacks Rank & Price PerformanceAPO’s shares have gained 20% in the past three months compared with the industry’s 3.5% growth.Image Source: Zacks Investment ResearchThe company presently carries a Zacks Rank #3 (Hold).Better-Ranked Finance StocksOther notable stocks are Ares Management Corporation ARES and T. Rowe Price Group, Inc. TROW. Each stock presently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.ARES’s earnings estimates for 2025 have remained unchanged to $5.08 per share in the past 30 days. Its shares have gained 16.1% over the past three months.TROW’s 2025 earnings estimates have also been revised upward to $9.76 per share in the past 30 days. Its shares have gained 1.9% over the past three months.Just Released: Zacks Top 10 Stocks for 2026Hurry – you can still get in early on our 10 top tickers for 2026. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful.From inception in 2012 through November, 2025, the Zacks Top 10 Stocks gained +2,530.8%, more than QUADRUPLING the S&P 500’s +570.3%.Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2026. You can still be among the first to see these just-released stocks with enormous potential.See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report T. Rowe Price Group, Inc. (TROW): Free Stock Analysis Report Apollo Global Management Inc. (APO): Free Stock Analysis Report Ares Management Corporation (ARES): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks