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Side-by-side financial comparison of Apollo Global Management (APO) and FIRST NATIONAL CORP (FXNC). Click either name above to swap in a different company.

Apollo Global Management is the larger business by last-quarter revenue ($9.9B vs $3.5M, roughly 2835.3× FIRST NATIONAL CORP). FIRST NATIONAL CORP runs the higher net margin — 158.2% vs 6.9%, a 151.3% gap on every dollar of revenue. On growth, Apollo Global Management posted the faster year-over-year revenue change (86.7% vs -46.3%). Over the past eight quarters, Apollo Global Management's revenue compounded faster (18.4% CAGR vs 17.0%).

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...

VA Tech Wabag Ltd. is an Indian multinational company focussed on desalination and water treatment for municipal and industrial users. Founded in Breslau in 1924, the company is headquartered in Chennai.

APO vs FXNC — Head-to-Head

Bigger by revenue
APO
APO
2835.3× larger
APO
$9.9B
$3.5M
FXNC
Growing faster (revenue YoY)
APO
APO
+133.0% gap
APO
86.7%
-46.3%
FXNC
Higher net margin
FXNC
FXNC
151.3% more per $
FXNC
158.2%
6.9%
APO
Faster 2-yr revenue CAGR
APO
APO
Annualised
APO
18.4%
17.0%
FXNC

Income Statement — Q4 2025 vs Q4 2025

Metric
APO
APO
FXNC
FXNC
Revenue
$9.9B
$3.5M
Net Profit
$684.0M
$5.5M
Gross Margin
Operating Margin
17.8%
Net Margin
6.9%
158.2%
Revenue YoY
86.7%
-46.3%
Net Profit YoY
-54.0%
689.9%
EPS (diluted)
$1.09
$0.60

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
APO
APO
FXNC
FXNC
Q4 25
$9.9B
$3.5M
Q3 25
$9.8B
$4.1M
Q2 25
$6.8B
$3.4M
Q1 25
$5.5B
$3.3M
Q4 24
$5.3B
$6.5M
Q3 24
$7.8B
$2.7M
Q2 24
$6.0B
$2.5M
Q1 24
$7.0B
$2.5M
Net Profit
APO
APO
FXNC
FXNC
Q4 25
$684.0M
$5.5M
Q3 25
$1.7B
$5.5M
Q2 25
$630.0M
$5.1M
Q1 25
$442.0M
$1.6M
Q4 24
$1.5B
$-933.0K
Q3 24
$811.0M
$2.2M
Q2 24
$853.0M
$2.4M
Q1 24
$1.4B
$3.2M
Operating Margin
APO
APO
FXNC
FXNC
Q4 25
17.8%
Q3 25
29.5%
Q2 25
12.4%
Q1 25
21.3%
57.9%
Q4 24
32.6%
-29.0%
Q3 24
26.8%
Q2 24
23.9%
Q1 24
31.1%
Net Margin
APO
APO
FXNC
FXNC
Q4 25
6.9%
158.2%
Q3 25
17.7%
135.1%
Q2 25
9.2%
147.3%
Q1 25
8.0%
48.8%
Q4 24
28.1%
-14.4%
Q3 24
10.4%
84.7%
Q2 24
14.2%
97.3%
Q1 24
20.3%
126.3%
EPS (diluted)
APO
APO
FXNC
FXNC
Q4 25
$1.09
$0.60
Q3 25
$2.78
$0.62
Q2 25
$0.99
$0.56
Q1 25
$0.68
$0.18
Q4 24
$2.41
$-0.26
Q3 24
$1.29
$0.36
Q2 24
$1.35
$0.39
Q1 24
$2.28
$0.51

Balance Sheet & Financial Strength

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

Metric
APO
APO
FXNC
FXNC
Cash + ST InvestmentsLiquidity on hand
$160.9M
Total DebtLower is stronger
$13.4B
Stockholders' EquityBook value
$23.3B
$186.2M
Total Assets
$460.9B
$2.0B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APO
APO
FXNC
FXNC
Q4 25
$160.9M
Q3 25
$189.3M
Q2 25
$194.3M
Q1 25
$206.0M
Q4 24
$162.9M
Q3 24
$126.5M
Q2 24
$135.6M
Q1 24
Total Debt
APO
APO
FXNC
FXNC
Q4 25
$13.4B
Q3 25
$12.6B
Q2 25
$12.1B
Q1 25
$10.6B
Q4 24
$10.6B
Q3 24
$9.8B
Q2 24
$9.8B
Q1 24
$9.6B
Stockholders' Equity
APO
APO
FXNC
FXNC
Q4 25
$23.3B
$186.2M
Q3 25
$23.1B
$181.2M
Q2 25
$19.3B
$173.5M
Q1 25
$18.0B
$168.7M
Q4 24
$17.3B
$166.5M
Q3 24
$17.9B
$125.1M
Q2 24
$15.3B
$119.9M
Q1 24
$14.8B
$117.8M
Total Assets
APO
APO
FXNC
FXNC
Q4 25
$460.9B
$2.0B
Q3 25
$449.5B
$2.0B
Q2 25
$419.6B
$2.0B
Q1 25
$395.0B
$2.0B
Q4 24
$377.9B
$2.0B
Q3 24
$368.7B
$1.5B
Q2 24
$346.5B
$1.5B
Q1 24
$334.1B
$1.4B
Debt / Equity
APO
APO
FXNC
FXNC
Q4 25
0.57×
Q3 25
0.55×
Q2 25
0.63×
Q1 25
0.59×
Q4 24
0.61×
Q3 24
0.55×
Q2 24
0.64×
Q1 24
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
APO
APO
FXNC
FXNC
Operating Cash FlowLast quarter
$4.7B
$8.4M
Free Cash FlowOCF − Capex
$6.9M
FCF MarginFCF / Revenue
199.4%
Capex IntensityCapex / Revenue
43.3%
Cash ConversionOCF / Net Profit
6.83×
1.53×
TTM Free Cash FlowTrailing 4 quarters
$20.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APO
APO
FXNC
FXNC
Q4 25
$4.7B
$8.4M
Q3 25
$303.0M
$8.4M
Q2 25
$1.3B
$4.7M
Q1 25
$1.0B
$3.5M
Q4 24
$-4.0M
$-36.7M
Q3 24
$1.9B
$6.1M
Q2 24
$1.3B
$3.6M
Q1 24
$70.0M
$4.7M
Free Cash Flow
APO
APO
FXNC
FXNC
Q4 25
$6.9M
Q3 25
$6.8M
Q2 25
$4.1M
Q1 25
$3.0M
Q4 24
$-37.8M
Q3 24
$4.9M
Q2 24
$3.0M
Q1 24
$4.4M
FCF Margin
APO
APO
FXNC
FXNC
Q4 25
199.4%
Q3 25
166.4%
Q2 25
120.0%
Q1 25
92.9%
Q4 24
-583.7%
Q3 24
186.1%
Q2 24
118.7%
Q1 24
173.1%
Capex Intensity
APO
APO
FXNC
FXNC
Q4 25
43.3%
Q3 25
39.0%
Q2 25
17.2%
Q1 25
14.7%
Q4 24
17.5%
Q3 24
45.4%
Q2 24
26.0%
Q1 24
12.0%
Cash Conversion
APO
APO
FXNC
FXNC
Q4 25
6.83×
1.53×
Q3 25
0.17×
1.52×
Q2 25
2.00×
0.93×
Q1 25
2.29×
2.21×
Q4 24
-0.00×
Q3 24
2.29×
2.73×
Q2 24
1.56×
1.49×
Q1 24
0.05×
1.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APO
APO

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

FXNC
FXNC

Segment breakdown not available.

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