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Side-by-side financial comparison of Apollo Global Management (APO) and IMPERIAL OIL LTD (IMO). Click either name above to swap in a different company.
Apollo Global Management is the larger business by last-quarter revenue ($9.9B vs $8.2B, roughly 1.2× IMPERIAL OIL LTD). Apollo Global Management runs the higher net margin — 6.9% vs 4.4%, a 2.6% gap on every dollar of revenue. On growth, Apollo Global Management posted the faster year-over-year revenue change (86.7% vs -10.5%). Over the past eight quarters, Apollo Global Management's revenue compounded faster (18.4% CAGR vs -4.2%).
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...
Imperial Oil Limited is a Canadian petroleum company. It is Canada's second-largest integrated oil company that is also occasionally known as Imperial Esso. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. It is a producer of crude oil, diluted bitumen, and natural gas. Imperial Oil is one of Canada's major petroleum refiners and petrochemical producers. It supplies Esso-brand service stations.
APO vs IMO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.9B | $8.2B |
| Net Profit | $684.0M | $359.2M |
| Gross Margin | — | — |
| Operating Margin | 17.8% | 5.6% |
| Net Margin | 6.9% | 4.4% |
| Revenue YoY | 86.7% | -10.5% |
| Net Profit YoY | -54.0% | -59.8% |
| EPS (diluted) | $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.
| Q4 25 | $9.9B | $8.2B | ||
| Q3 25 | $9.8B | $8.8B | ||
| Q2 25 | $6.8B | $8.2B | ||
| Q1 25 | $5.5B | $9.1B | ||
| Q4 24 | $5.3B | $9.2B | ||
| Q3 24 | $7.8B | $9.7B | ||
| Q2 24 | $6.0B | $9.8B | ||
| Q1 24 | $7.0B | $9.0B |
| Q4 25 | $684.0M | $359.2M | ||
| Q3 25 | $1.7B | $393.5M | ||
| Q2 25 | $630.0M | $692.8M | ||
| Q1 25 | $442.0M | $940.2M | ||
| Q4 24 | $1.5B | $894.3M | ||
| Q3 24 | $811.0M | $903.0M | ||
| Q2 24 | $853.0M | $827.1M | ||
| Q1 24 | $1.4B | $872.4M |
| Q4 25 | 17.8% | 5.6% | ||
| Q3 25 | 29.5% | 5.8% | ||
| Q2 25 | 12.4% | 11.1% | ||
| Q1 25 | 21.3% | 13.5% | ||
| Q4 24 | 32.6% | 12.5% | ||
| Q3 24 | 26.8% | 12.1% | ||
| Q2 24 | 23.9% | 11.1% | ||
| Q1 24 | 31.1% | 12.8% |
| Q4 25 | 6.9% | 4.4% | ||
| Q3 25 | 17.7% | 4.5% | ||
| Q2 25 | 9.2% | 8.4% | ||
| Q1 25 | 8.0% | 10.3% | ||
| Q4 24 | 28.1% | 9.7% | ||
| Q3 24 | 10.4% | 9.3% | ||
| Q2 24 | 14.2% | 8.5% | ||
| Q1 24 | 20.3% | 9.7% |
| Q4 25 | $1.09 | — | ||
| Q3 25 | $2.78 | — | ||
| Q2 25 | $0.99 | — | ||
| Q1 25 | $0.68 | — | ||
| Q4 24 | $2.41 | — | ||
| Q3 24 | $1.29 | — | ||
| Q2 24 | $1.35 | — | ||
| Q1 24 | $2.28 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $833.7M |
| Total DebtLower is stronger | $13.4B | $2.9B |
| Stockholders' EquityBook value | $23.3B | $16.2B |
| Total Assets | $460.9B | $30.9B |
| Debt / EquityLower = less leverage | 0.57× | 0.18× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $833.7M | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $714.7M | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $858.5M |
| Q4 25 | $13.4B | $2.9B | ||
| Q3 25 | $12.6B | $2.9B | ||
| Q2 25 | $12.1B | $2.9B | ||
| Q1 25 | $10.6B | $2.9B | ||
| Q4 24 | $10.6B | $2.9B | ||
| Q3 24 | $9.8B | $2.9B | ||
| Q2 24 | $9.8B | $2.9B | ||
| Q1 24 | $9.6B | $2.9B |
| Q4 25 | $23.3B | $16.2B | ||
| Q3 25 | $23.1B | $17.3B | ||
| Q2 25 | $19.3B | $18.2B | ||
| Q1 25 | $18.0B | $17.8B | ||
| Q4 24 | $17.3B | $17.1B | ||
| Q3 24 | $17.9B | $17.3B | ||
| Q2 24 | $15.3B | $17.5B | ||
| Q1 24 | $14.8B | $16.9B |
| Q4 25 | $460.9B | $30.9B | ||
| Q3 25 | $449.5B | $31.4B | ||
| Q2 25 | $419.6B | $32.2B | ||
| Q1 25 | $395.0B | $32.0B | ||
| Q4 24 | $377.9B | $31.3B | ||
| Q3 24 | $368.7B | $31.0B | ||
| Q2 24 | $346.5B | $32.2B | ||
| Q1 24 | $334.1B | $31.0B |
| Q4 25 | 0.57× | 0.18× | ||
| Q3 25 | 0.55× | 0.17× | ||
| Q2 25 | 0.63× | 0.16× | ||
| Q1 25 | 0.59× | 0.16× | ||
| Q4 24 | 0.61× | 0.17× | ||
| Q3 24 | 0.55× | 0.17× | ||
| Q2 24 | 0.64× | 0.17× | ||
| Q1 24 | 0.65× | 0.17× |
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 | $1.4B |
| Free Cash FlowOCF − Capex | — | $938.8M |
| FCF MarginFCF / Revenue | — | 11.4% |
| Capex IntensityCapex / Revenue | — | 5.6% |
| Cash ConversionOCF / Net Profit | 6.83× | 3.90× |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.7B | $1.4B | ||
| Q3 25 | $303.0M | $1.3B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.0B | $1.1B | ||
| Q4 24 | $-4.0M | $1.3B | ||
| Q3 24 | $1.9B | $1.1B | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $70.0M | $785.5M |
| Q4 25 | — | $938.8M | ||
| Q3 25 | — | $944.6M | ||
| Q2 25 | — | $725.6M | ||
| Q1 25 | — | $824.2M | ||
| Q4 24 | — | $997.2M | ||
| Q3 24 | — | $730.7M | ||
| Q2 24 | — | $852.6M | ||
| Q1 24 | — | $422.7M |
| Q4 25 | — | 11.4% | ||
| Q3 25 | — | 10.7% | ||
| Q2 25 | — | 8.8% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 8.7% | ||
| Q1 24 | — | 4.7% |
| Q4 25 | — | 5.6% | ||
| Q3 25 | — | 4.2% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 3.4% | ||
| Q1 24 | — | 4.0% |
| Q4 25 | 6.83× | 3.90× | ||
| Q3 25 | 0.17× | 3.34× | ||
| Q2 25 | 2.00× | 1.54× | ||
| Q1 25 | 2.29× | 1.19× | ||
| Q4 24 | -0.00× | 1.46× | ||
| Q3 24 | 2.29× | 1.20× | ||
| Q2 24 | 1.56× | 1.44× | ||
| Q1 24 | 0.05× | 0.90× |
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% |
IMO
Segment breakdown not available.
