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Side-by-side financial comparison of ACRES Commercial Realty Corp. (ACR) and Apollo Global Management (APO). Click either name above to swap in a different company.

Apollo Global Management is the larger business by last-quarter revenue ($9.9B vs $20.0M, roughly 492.4× ACRES Commercial Realty Corp.). ACRES Commercial Realty Corp. runs the higher net margin — 31.6% vs 6.9%, a 24.7% gap on every dollar of revenue. On growth, Apollo Global Management posted the faster year-over-year revenue change (86.7% vs -6.5%). Over the past eight quarters, Apollo Global Management's revenue compounded faster (18.4% CAGR vs 3.3%).

Piramal Realty is an Indian real estate company, founded in 2012 and headquartered in Mumbai, India. It is a part of the Piramal Group. The company focuses on the development of residential and commercial properties, with projects under development covering an estimated 15 million square feet. Among its notable projects include Piramal Aranya, Piramal Mahalaxmi, Piramal Revanta, Piramal Vaikunth and Piramal Agastya.

Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. As of 2025, the company had $840 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of p...

ACR vs APO — Head-to-Head

Bigger by revenue
APO
APO
492.4× larger
APO
$9.9B
$20.0M
ACR
Growing faster (revenue YoY)
APO
APO
+93.2% gap
APO
86.7%
-6.5%
ACR
Higher net margin
ACR
ACR
24.7% more per $
ACR
31.6%
6.9%
APO
Faster 2-yr revenue CAGR
APO
APO
Annualised
APO
18.4%
3.3%
ACR

Income Statement — Q4 2025 vs Q4 2025

Metric
ACR
ACR
APO
APO
Revenue
$20.0M
$9.9B
Net Profit
$6.3M
$684.0M
Gross Margin
Operating Margin
30.8%
17.8%
Net Margin
31.6%
6.9%
Revenue YoY
-6.5%
86.7%
Net Profit YoY
-32.0%
-54.0%
EPS (diluted)
$-0.41
$1.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACR
ACR
APO
APO
Q4 25
$20.0M
$9.9B
Q3 25
$21.0M
$9.8B
Q2 25
$21.9M
$6.8B
Q1 25
$17.0M
$5.5B
Q4 24
$21.4M
$5.3B
Q3 24
$22.4M
$7.8B
Q2 24
$20.9M
$6.0B
Q1 24
$18.8M
$7.0B
Net Profit
ACR
ACR
APO
APO
Q4 25
$6.3M
$684.0M
Q3 25
$18.0M
$1.7B
Q2 25
$4.3M
$630.0M
Q1 25
$-730.0K
$442.0M
Q4 24
$9.3M
$1.5B
Q3 24
$8.1M
$811.0M
Q2 24
$6.4M
$853.0M
Q1 24
$4.9M
$1.4B
Operating Margin
ACR
ACR
APO
APO
Q4 25
30.8%
17.8%
Q3 25
85.8%
29.5%
Q2 25
19.8%
12.4%
Q1 25
-3.8%
21.3%
Q4 24
43.4%
32.6%
Q3 24
36.4%
26.8%
Q2 24
30.8%
23.9%
Q1 24
26.2%
31.1%
Net Margin
ACR
ACR
APO
APO
Q4 25
31.6%
6.9%
Q3 25
85.8%
17.7%
Q2 25
19.8%
9.2%
Q1 25
-4.3%
8.0%
Q4 24
43.5%
28.1%
Q3 24
36.0%
10.4%
Q2 24
30.6%
14.2%
Q1 24
26.2%
20.3%
EPS (diluted)
ACR
ACR
APO
APO
Q4 25
$-0.41
$1.09
Q3 25
$1.34
$2.78
Q2 25
$-0.10
$0.99
Q1 25
$-0.80
$0.68
Q4 24
$0.51
$2.41
Q3 24
$0.36
$1.29
Q2 24
$0.21
$1.35
Q1 24
$0.07
$2.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACR
ACR
APO
APO
Cash + ST InvestmentsLiquidity on hand
$83.8M
Total DebtLower is stronger
$1.6B
$13.4B
Stockholders' EquityBook value
$420.8M
$23.3B
Total Assets
$2.2B
$460.9B
Debt / EquityLower = less leverage
3.68×
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACR
ACR
APO
APO
Q4 25
$83.8M
Q3 25
$40.9M
Q2 25
$42.7M
Q1 25
$66.0M
Q4 24
$56.7M
Q3 24
$70.1M
Q2 24
$89.6M
Q1 24
$84.6M
Total Debt
ACR
ACR
APO
APO
Q4 25
$1.6B
$13.4B
Q3 25
$1.2B
$12.6B
Q2 25
$1.3B
$12.1B
Q1 25
$1.3B
$10.6B
Q4 24
$1.4B
$10.6B
Q3 24
$1.5B
$9.8B
Q2 24
$1.6B
$9.8B
Q1 24
$1.6B
$9.6B
Stockholders' Equity
ACR
ACR
APO
APO
Q4 25
$420.8M
$23.3B
Q3 25
$432.9M
$23.1B
Q2 25
$425.3M
$19.3B
Q1 25
$430.1M
$18.0B
Q4 24
$439.1M
$17.3B
Q3 24
$436.3M
$17.9B
Q2 24
$434.0M
$15.3B
Q1 24
$432.8M
$14.8B
Total Assets
ACR
ACR
APO
APO
Q4 25
$2.2B
$460.9B
Q3 25
$1.7B
$449.5B
Q2 25
$1.8B
$419.6B
Q1 25
$1.8B
$395.0B
Q4 24
$1.9B
$377.9B
Q3 24
$2.0B
$368.7B
Q2 24
$2.1B
$346.5B
Q1 24
$2.1B
$334.1B
Debt / Equity
ACR
ACR
APO
APO
Q4 25
3.68×
0.57×
Q3 25
2.76×
0.55×
Q2 25
3.10×
0.63×
Q1 25
2.97×
0.59×
Q4 24
3.12×
0.61×
Q3 24
3.43×
0.55×
Q2 24
3.67×
0.64×
Q1 24
3.79×
0.65×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACR
ACR
APO
APO
Operating Cash FlowLast quarter
$6.3M
$4.7B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.00×
6.83×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACR
ACR
APO
APO
Q4 25
$6.3M
$4.7B
Q3 25
$-9.4M
$303.0M
Q2 25
$11.8M
$1.3B
Q1 25
$-4.6M
$1.0B
Q4 24
$757.0K
$-4.0M
Q3 24
$8.4M
$1.9B
Q2 24
$6.9M
$1.3B
Q1 24
$3.3M
$70.0M
Cash Conversion
ACR
ACR
APO
APO
Q4 25
1.00×
6.83×
Q3 25
-0.52×
0.17×
Q2 25
2.72×
2.00×
Q1 25
2.29×
Q4 24
0.08×
-0.00×
Q3 24
1.05×
2.29×
Q2 24
1.07×
1.56×
Q1 24
0.68×
0.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACR
ACR

Other$10.8M54%
Pacmulti JVLLC$5.2M26%
Mccallum Jv Llc$2.5M12%
Office Complex$1.5M7%

APO
APO

Retirement Services Segment$8.5B86%
Asset Management1$681.0M7%
Principal Investing Segment$624.0M6%
Management Service Incentive$96.0M1%

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