APO vs SCHW
Apollo Global Management, Inc. and Schwab Charles Corp., side by side — 6 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | APO | SCHW |
|---|---|---|
| Revenue | $32.0B | $23.9B |
| Net income | $3.5B | $8.9B |
| Gross margin | · | · |
| Net margin | 16.9% | 37.0% |
| Return on equity | 17.2% | 18.1% |
| Diluted EPS | $5.54 | $4.65 |
| Dividend / share | $1.99 | $1.08 |
| Payout ratio | 34.4% | 26.3% |
| Free cash flow | · | $8.8B |
| Equity | $23.3B | $49.4B |
| Net debt / equity | −0.31× | −0.34× |
| Current ratio | · | · |
| Revenue CAGR 5y | 68.6% | 15.4% |
| Profit CAGR 5y | 86.0% | 21.8% |
APO bills 1.3× the revenue of SCHW, and SCHW keeps more of each dollar of revenue as profit (37.0% against 16.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | APO | SCHW |
|---|---|---|
| FY2025 | $32.0B | $23.9B |
| FY2024 | $26.1B | $19.6B |
| FY2023 | $32.6B | $18.8B |
| FY2022 | $11.0B | $20.8B |
| FY2021 | $6.0B | $18.5B |
| FY2020 | $2.4B | $11.7B |
Bottom line
| Fiscal year | APO | SCHW |
|---|---|---|
| FY2025 | $3.5B | $8.9B |
| FY2024 | $4.6B | $5.9B |
| FY2023 | $5.0B | $5.1B |
| FY2022 | $-2.0B | $7.2B |
| FY2021 | $1.8B | $5.9B |
| FY2020 | $157.0M | $3.3B |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$8,128,000,000 | APO |
| FY2024 | +$6,508,000,000 | APO |
| FY2023 | +$13,807,000,000 | APO |
| FY2022 | −$9,794,000,000 | SCHW |
| FY2021 | −$12,569,000,000 | SCHW |
| FY2020 | −$9,337,000,000 | SCHW |
The higher-revenue side has changed between APO and SCHW over this period. The gap has narrowed since the earliest year compared.
6 of 19 comparable fiscal years — a year missing data on either side is not counted.
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −20.2 pp | SCHW |
| FY2024 | −5.9 pp | SCHW |
| FY2023 | −7.0 pp | SCHW |
| FY2022 | −66.6 pp | SCHW |
| FY2021 | +40.1 pp | APO |
| FY2020 | −8.4 pp | SCHW |
The higher net margin has changed hands between APO and SCHW over this period.
6 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
APO's net margin has been more volatile than SCHW's over the 6 comparable fiscal years — 30.0 percentage points of standard deviation against 3.5.
6 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between APO and SCHW over these 6 fiscal years — APO led in 1 and SCHW in 5.
6 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
APO's return on equity has been more volatile than SCHW's over the 5 comparable fiscal years — 31.8 percentage points of standard deviation against 2.6.
5 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between APO and SCHW over these 5 fiscal years — APO led in 3 and SCHW in 2.
5 of 19 comparable fiscal years — a year missing data on either side is not counted.