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阿波罗全球管理（APO）与Evercore Inc.（EVR）财务数据对比。点击上方公司名可切换其他公司
阿波罗全球管理的季度营收约是Evercore Inc.的7.6倍（$9.9B vs $1.3B）。Evercore Inc.净利率更高（15.7% vs 6.9%，领先8.8%）。阿波罗全球管理同比增速更快（86.7% vs 32.4%）。过去两年Evercore Inc.的营收复合增速更高（48.9% vs 18.4%）
阿波罗全球管理是美国头部另类资产管理机构，截至2025年总资产管理规模达8400亿美元，业务涵盖3920亿美元的信贷类资产（含夹层资本、对冲基金、不良贷款、担保贷款凭证等）、990亿美元私募股权，以及462亿美元的地产、基建等实体资产，为全球客户提供专业资产管理服务。
Evercore Inc.（前称Evercore Partners）是1995年由罗杰·奥尔特曼、大卫·奥芬森德、奥斯汀·博伊特纳联合创立的全球独立投资银行咨询机构。成立至今，公司已为总规模超4.7万亿美元的并购、重组交易提供专业咨询服务，在全球投行业务领域拥有较高声誉。
APO vs EVR — 直观对比
营收规模更大
APO
是对方的7.6倍
$1.3B
营收增速更快
APO
高出54.3%
32.4%
净利率更高
EVR
高出8.8%
6.9%
两年增速更快
EVR
近两年复合增速
18.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $9.9B | $1.3B |
| 净利润 | $684.0M | $204.0M |
| 毛利率 | — | — |
| 营业利润率 | 17.8% | 24.2% |
| 净利率 | 6.9% | 15.7% |
| 营收同比 | 86.7% | 32.4% |
| 净利润同比 | -54.0% | 45.2% |
| 每股收益（稀释后） | $1.09 | $4.80 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收APOEVR
| Q4 25 | $9.9B | $1.3B | ||
| Q3 25 | $9.8B | $1.0B | ||
| Q2 25 | $6.8B | $838.0M | ||
| Q1 25 | $5.5B | $699.0M | ||
| Q4 24 | $5.3B | $979.5M | ||
| Q3 24 | $7.8B | $738.4M | ||
| Q2 24 | $6.0B | $693.4M | ||
| Q1 24 | $7.0B | $585.0M |
净利润APOEVR
| Q4 25 | $684.0M | $204.0M | ||
| Q3 25 | $1.7B | $144.6M | ||
| Q2 25 | $630.0M | $97.2M | ||
| Q1 25 | $442.0M | $146.2M | ||
| Q4 24 | $1.5B | $140.4M | ||
| Q3 24 | $811.0M | $78.4M | ||
| Q2 24 | $853.0M | $73.8M | ||
| Q1 24 | $1.4B | $85.7M |
营业利润率APOEVR
| Q4 25 | 17.8% | 24.2% | ||
| Q3 25 | 29.5% | 20.8% | ||
| Q2 25 | 12.4% | 18.0% | ||
| Q1 25 | 21.3% | 16.0% | ||
| Q4 24 | 32.6% | 21.8% | ||
| Q3 24 | 26.8% | 16.7% | ||
| Q2 24 | 23.9% | 15.9% | ||
| Q1 24 | 31.1% | 14.8% |
净利率APOEVR
| Q4 25 | 6.9% | 15.7% | ||
| Q3 25 | 17.7% | 13.8% | ||
| Q2 25 | 9.2% | 11.6% | ||
| Q1 25 | 8.0% | 20.9% | ||
| Q4 24 | 28.1% | 14.3% | ||
| Q3 24 | 10.4% | 10.6% | ||
| Q2 24 | 14.2% | 10.6% | ||
| Q1 24 | 20.3% | 14.6% |
每股收益（稀释后）APOEVR
| Q4 25 | $1.09 | $4.80 | ||
| Q3 25 | $2.78 | $3.41 | ||
| Q2 25 | $0.99 | $2.36 | ||
| Q1 25 | $0.68 | $3.48 | ||
| Q4 24 | $2.41 | $3.32 | ||
| Q3 24 | $1.29 | $1.86 | ||
| Q2 24 | $1.35 | $1.81 | ||
| Q1 24 | $2.28 | $2.09 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $3.0B |
| 总债务越低越好 | $13.4B | — |
| 股东权益账面价值 | $23.3B | $2.0B |
| 总资产 | $460.9B | $5.4B |
| 负债/权益比越低杠杆越低 | 0.57× | — |
8季度趋势，按日历期对齐
现金及短期投资APOEVR
| Q4 25 | — | $3.0B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.4B |
总债务APOEVR
| 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 | — |
股东权益APOEVR
| Q4 25 | $23.3B | $2.0B | ||
| Q3 25 | $23.1B | $1.8B | ||
| Q2 25 | $19.3B | $1.7B | ||
| Q1 25 | $18.0B | $1.5B | ||
| Q4 24 | $17.3B | $1.7B | ||
| Q3 24 | $17.9B | $1.6B | ||
| Q2 24 | $15.3B | $1.5B | ||
| Q1 24 | $14.8B | $1.4B |
总资产APOEVR
| Q4 25 | $460.9B | $5.4B | ||
| Q3 25 | $449.5B | $4.4B | ||
| Q2 25 | $419.6B | $3.7B | ||
| Q1 25 | $395.0B | $3.3B | ||
| Q4 24 | $377.9B | $4.2B | ||
| Q3 24 | $368.7B | $3.6B | ||
| Q2 24 | $346.5B | $3.3B | ||
| Q1 24 | $334.1B | $3.0B |
负债/权益比APOEVR
| 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× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $4.7B | $807.5M |
| 自由现金流经营现金流 - 资本支出 | — | $798.6M |
| 自由现金流率自由现金流/营收 | — | 61.6% |
| 资本支出强度资本支出/营收 | — | 0.7% |
| 现金转化率经营现金流/净利润 | 6.83× | 3.96× |
| 过去12个月自由现金流最近4个季度 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流APOEVR
| Q4 25 | $4.7B | $807.5M | ||
| Q3 25 | $303.0M | $560.9M | ||
| Q2 25 | $1.3B | $437.7M | ||
| Q1 25 | $1.0B | $-549.7M | ||
| Q4 24 | $-4.0M | $686.4M | ||
| Q3 24 | $1.9B | $234.5M | ||
| Q2 24 | $1.3B | $348.5M | ||
| Q1 24 | $70.0M | $-281.2M |
自由现金流APOEVR
| Q4 25 | — | $798.6M | ||
| Q3 25 | — | $541.5M | ||
| Q2 25 | — | $411.7M | ||
| Q1 25 | — | $-569.3M | ||
| Q4 24 | — | $673.1M | ||
| Q3 24 | — | $226.6M | ||
| Q2 24 | — | $340.7M | ||
| Q1 24 | — | $-282.3M |
自由现金流率APOEVR
| Q4 25 | — | 61.6% | ||
| Q3 25 | — | 51.8% | ||
| Q2 25 | — | 49.1% | ||
| Q1 25 | — | -81.4% | ||
| Q4 24 | — | 68.7% | ||
| Q3 24 | — | 30.7% | ||
| Q2 24 | — | 49.1% | ||
| Q1 24 | — | -48.3% |
资本支出强度APOEVR
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.1% | ||
| Q1 24 | — | 0.2% |
现金转化率APOEVR
| Q4 25 | 6.83× | 3.96× | ||
| Q3 25 | 0.17× | 3.88× | ||
| Q2 25 | 2.00× | 4.50× | ||
| Q1 25 | 2.29× | -3.76× | ||
| Q4 24 | -0.00× | 4.89× | ||
| Q3 24 | 2.29× | 2.99× | ||
| Q2 24 | 1.56× | 4.72× | ||
| Q1 24 | 0.05× | -3.28× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
APO
| Retirement Services Segment | $8.5B | 86% |
| Asset Management1 | $681.0M | 7% |
| Principal Investing Segment | $624.0M | 6% |
| Management Service Incentive | $96.0M | 1% |
EVR
| Advisory Fees | $1.1B | 87% |
| Commissions And Related Revenue | $66.5M | 5% |
| Underwriting Fees | $49.5M | 4% |
| Other | $29.6M | 2% |
| Investment Management | $23.2M | 2% |
