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Side-by-side financial comparison of Apollo Global Management (APO) and Edison International (EIX). Click either name above to swap in a different company.
Apollo Global Management is the larger business by last-quarter revenue ($9.9B vs $5.2B, roughly 1.9× Edison International). Edison International runs the higher net margin — 35.4% vs 6.9%, a 28.5% gap on every dollar of revenue. On growth, Apollo Global Management posted the faster year-over-year revenue change (86.7% vs 30.8%). Over the past eight quarters, Apollo Global Management's revenue compounded faster (18.4% CAGR vs 13.1%).
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...
Edison International is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and unregulated non-utility business assets Edison Energy. Edison's roots trace back to Holt & Knupps, a company founded in 1886 as a provider of street lights in Visalia, California.
APO vs EIX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.9B | $5.2B |
| Net Profit | $684.0M | $1.8B |
| Gross Margin | — | — |
| Operating Margin | 17.8% | 52.8% |
| Net Margin | 6.9% | 35.4% |
| Revenue YoY | 86.7% | 30.8% |
| Net Profit YoY | -54.0% | 443.5% |
| EPS (diluted) | $1.09 | $4.78 |
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.
| Q4 25 | $9.9B | $5.2B | ||
| Q3 25 | $9.8B | $5.8B | ||
| Q2 25 | $6.8B | $4.5B | ||
| Q1 25 | $5.5B | $3.8B | ||
| Q4 24 | $5.3B | $4.0B | ||
| Q3 24 | $7.8B | $5.2B | ||
| Q2 24 | $6.0B | $4.3B | ||
| Q1 24 | $7.0B | $4.1B |
| Q4 25 | $684.0M | $1.8B | ||
| Q3 25 | $1.7B | $832.0M | ||
| Q2 25 | $630.0M | $343.0M | ||
| Q1 25 | $442.0M | $1.4B | ||
| Q4 24 | $1.5B | $340.0M | ||
| Q3 24 | $811.0M | $516.0M | ||
| Q2 24 | $853.0M | $439.0M | ||
| Q1 24 | $1.4B | $-11.0M |
| Q4 25 | 17.8% | 52.8% | ||
| Q3 25 | 29.5% | 24.9% | ||
| Q2 25 | 12.4% | 17.1% | ||
| Q1 25 | 21.3% | 56.0% | ||
| Q4 24 | 32.6% | 19.8% | ||
| Q3 24 | 26.8% | 19.1% | ||
| Q2 24 | 23.9% | 20.8% | ||
| Q1 24 | 31.1% | 6.0% |
| Q4 25 | 6.9% | 35.4% | ||
| Q3 25 | 17.7% | 14.5% | ||
| Q2 25 | 9.2% | 7.6% | ||
| Q1 25 | 8.0% | 37.7% | ||
| Q4 24 | 28.1% | 8.5% | ||
| Q3 24 | 10.4% | 9.9% | ||
| Q2 24 | 14.2% | 10.1% | ||
| Q1 24 | 20.3% | -0.3% |
| Q4 25 | $1.09 | $4.78 | ||
| Q3 25 | $2.78 | $2.16 | ||
| Q2 25 | $0.99 | $0.89 | ||
| Q1 25 | $0.68 | $3.72 | ||
| Q4 24 | $2.41 | $0.89 | ||
| Q3 24 | $1.29 | $1.32 | ||
| Q2 24 | $1.35 | $1.13 | ||
| Q1 24 | $2.28 | $-0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $158.0M |
| Total DebtLower is stronger | $13.4B | $38.0B |
| Stockholders' EquityBook value | $23.3B | $17.6B |
| Total Assets | $460.9B | $94.0B |
| Debt / EquityLower = less leverage | 0.57× | 2.16× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $158.0M | ||
| Q3 25 | — | $364.0M | ||
| Q2 25 | — | $140.0M | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $193.0M | ||
| Q3 24 | — | $200.0M | ||
| Q2 24 | — | $465.0M | ||
| Q1 24 | — | $992.0M |
| Q4 25 | $13.4B | $38.0B | ||
| Q3 25 | $12.6B | $36.4B | ||
| Q2 25 | $12.1B | $37.7B | ||
| Q1 25 | $10.6B | $38.4B | ||
| Q4 24 | $10.6B | $35.6B | ||
| Q3 24 | $9.8B | $34.9B | ||
| Q2 24 | $9.8B | $34.8B | ||
| Q1 24 | $9.6B | $34.7B |
| Q4 25 | $23.3B | $17.6B | ||
| Q3 25 | $23.1B | $17.2B | ||
| Q2 25 | $19.3B | $16.7B | ||
| Q1 25 | $18.0B | $16.6B | ||
| Q4 24 | $17.3B | $15.6B | ||
| Q3 24 | $17.9B | $15.7B | ||
| Q2 24 | $15.3B | $15.4B | ||
| Q1 24 | $14.8B | $15.2B |
| Q4 25 | $460.9B | $94.0B | ||
| Q3 25 | $449.5B | $90.5B | ||
| Q2 25 | $419.6B | $88.8B | ||
| Q1 25 | $395.0B | $88.4B | ||
| Q4 24 | $377.9B | $85.6B | ||
| Q3 24 | $368.7B | $84.7B | ||
| Q2 24 | $346.5B | $84.8B | ||
| Q1 24 | $334.1B | $83.6B |
| Q4 25 | 0.57× | 2.16× | ||
| Q3 25 | 0.55× | 2.12× | ||
| Q2 25 | 0.63× | 2.26× | ||
| Q1 25 | 0.59× | 2.31× | ||
| Q4 24 | 0.61× | 2.29× | ||
| Q3 24 | 0.55× | 2.23× | ||
| Q2 24 | 0.64× | 2.26× | ||
| Q1 24 | 0.65× | 2.29× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $4.7B | $1.6B |
| Free Cash FlowOCF − Capex | — | $-319.0M |
| FCF MarginFCF / Revenue | — | -6.1% |
| Capex IntensityCapex / Revenue | — | 36.3% |
| Cash ConversionOCF / Net Profit | 6.83× | 0.85× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-715.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.7B | $1.6B | ||
| Q3 25 | $303.0M | $2.1B | ||
| Q2 25 | $1.3B | $882.0M | ||
| Q1 25 | $1.0B | $1.2B | ||
| Q4 24 | $-4.0M | $1.2B | ||
| Q3 24 | $1.9B | $2.5B | ||
| Q2 24 | $1.3B | $329.0M | ||
| Q1 24 | $70.0M | $1.0B |
| Q4 25 | — | $-319.0M | ||
| Q3 25 | — | $618.0M | ||
| Q2 25 | — | $-830.0M | ||
| Q1 25 | — | $-184.0M | ||
| Q4 24 | — | $-326.0M | ||
| Q3 24 | — | $961.0M | ||
| Q2 24 | — | $-1.1B | ||
| Q1 24 | — | $-236.0M |
| Q4 25 | — | -6.1% | ||
| Q3 25 | — | 10.7% | ||
| Q2 25 | — | -18.3% | ||
| Q1 25 | — | -4.8% | ||
| Q4 24 | — | -8.2% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | -25.2% | ||
| Q1 24 | — | -5.8% |
| Q4 25 | — | 36.3% | ||
| Q3 25 | — | 26.2% | ||
| Q2 25 | — | 37.7% | ||
| Q1 25 | — | 36.9% | ||
| Q4 24 | — | 37.6% | ||
| Q3 24 | — | 29.1% | ||
| Q2 24 | — | 32.8% | ||
| Q1 24 | — | 31.4% |
| Q4 25 | 6.83× | 0.85× | ||
| Q3 25 | 0.17× | 2.55× | ||
| Q2 25 | 2.00× | 2.57× | ||
| Q1 25 | 2.29× | 0.85× | ||
| Q4 24 | -0.00× | 3.44× | ||
| Q3 24 | 2.29× | 4.79× | ||
| Q2 24 | 1.56× | 0.75× | ||
| Q1 24 | 0.05× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APO
| Retirement Services Segment | $8.5B | 86% |
| Asset Management1 | $681.0M | 7% |
| Principal Investing Segment | $624.0M | 6% |
| Management Service Incentive | $96.0M | 1% |
EIX
| Commercial | $2.2B | 43% |
| Residential | $1.2B | 23% |
| Other | $966.0M | 19% |
| Other Operating Revenue | $802.0M | 15% |
