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阿波罗全球管理（APO）与Investcorp Credit Management BDC, Inc.（ICMB）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Investcorp Credit Management BDC, Inc.的2856.8倍（$9.9B vs $3.5M）。阿波罗全球管理净利率更高（6.9% vs -271.1%，领先278.0%）。过去两年阿波罗全球管理的营收复合增速更高（18.4% vs -18.2%）
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。
Investcorp Credit Management BDC是一家上市商业开发公司，主要为美国中型企业提供优先担保贷款、定制债务融资等信贷解决方案，聚焦私人信贷市场中服务不足的细分领域，为投资者创造稳定的经风险调整的回报。
APO vs ICMB — 直观对比
营收规模更大
APO
是对方的2856.8倍
$3.5M
净利率更高
APO
高出278.0%
-271.1%
两年增速更快
APO
近两年复合增速
-18.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $9.9B | $3.5M |
| 净利润 | $684.0M | $-9.4M |
| 毛利率 | — | — |
| 营业利润率 | 17.8% | — |
| 净利率 | 6.9% | -271.1% |
| 营收同比 | 86.7% | — |
| 净利润同比 | -54.0% | — |
| 每股收益（稀释后） | $1.09 | $-0.64 |
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APOICMB
| Q4 25 | $9.9B | $3.5M | ||
| Q3 25 | $9.8B | $3.9M | ||
| Q2 25 | $6.8B | $3.8M | ||
| Q1 25 | $5.5B | $3.5M | ||
| Q4 24 | $5.3B | — | ||
| Q3 24 | $7.8B | $4.7M | ||
| Q2 24 | $6.0B | $4.1M | ||
| Q1 24 | $7.0B | $5.6M |
净利润APOICMB
| Q4 25 | $684.0M | $-9.4M | ||
| Q3 25 | $1.7B | $-1.3M | ||
| Q2 25 | $630.0M | $-434.3K | ||
| Q1 25 | $442.0M | $2.2M | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $811.0M | $6.6M | ||
| Q2 24 | $853.0M | $-2.0M | ||
| Q1 24 | $1.4B | $2.4M |
营业利润率APOICMB
| Q4 25 | 17.8% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 12.4% | — | ||
| Q1 25 | 21.3% | — | ||
| Q4 24 | 32.6% | — | ||
| Q3 24 | 26.8% | — | ||
| Q2 24 | 23.9% | — | ||
| Q1 24 | 31.1% | — |
净利率APOICMB
| Q4 25 | 6.9% | -271.1% | ||
| Q3 25 | 17.7% | -32.4% | ||
| Q2 25 | 9.2% | -11.5% | ||
| Q1 25 | 8.0% | 63.0% | ||
| Q4 24 | 28.1% | — | ||
| Q3 24 | 10.4% | 141.3% | ||
| Q2 24 | 14.2% | -47.9% | ||
| Q1 24 | 20.3% | 43.1% |
每股收益（稀释后）APOICMB
| Q4 25 | $1.09 | $-0.64 | ||
| Q3 25 | $2.78 | $-0.09 | ||
| Q2 25 | $0.99 | $-0.03 | ||
| Q1 25 | $0.68 | $0.15 | ||
| Q4 24 | $2.41 | — | ||
| Q3 24 | $1.29 | $0.46 | ||
| Q2 24 | $1.35 | $-0.13 | ||
| Q1 24 | $2.28 | $0.17 |
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 | — | $4.6M |
| 总债务越低越好 | $13.4B | $123.9M |
| 股东权益账面价值 | $23.3B | $61.3M |
| 总资产 | $460.9B | $188.8M |
| 负债/权益比越低杠杆越低 | 0.57× | 2.02× |
8季度趋势，按日历期对齐
现金及短期投资APOICMB
| Q4 25 | — | $4.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $158.8K | ||
| Q1 24 | — | — |
总债务APOICMB
| Q4 25 | $13.4B | $123.9M | ||
| Q3 25 | $12.6B | $128.5M | ||
| Q2 25 | $12.1B | $135.5M | ||
| Q1 25 | $10.6B | $121.0M | ||
| Q4 24 | $10.6B | — | ||
| Q3 24 | $9.8B | $112.5M | ||
| Q2 24 | $9.8B | $108.0M | ||
| Q1 24 | $9.6B | $122.5M |
股东权益APOICMB
| Q4 25 | $23.3B | $61.3M | ||
| Q3 25 | $23.1B | $72.7M | ||
| Q2 25 | $19.3B | $76.0M | ||
| Q1 25 | $18.0B | $78.1M | ||
| Q4 24 | $17.3B | — | ||
| Q3 24 | $17.9B | $79.9M | ||
| Q2 24 | $15.3B | $75.0M | ||
| Q1 24 | $14.8B | $79.1M |
总资产APOICMB
| Q4 25 | $460.9B | $188.8M | ||
| Q3 25 | $449.5B | $210.6M | ||
| Q2 25 | $419.6B | $224.1M | ||
| Q1 25 | $395.0B | $207.6M | ||
| Q4 24 | $377.9B | — | ||
| Q3 24 | $368.7B | $203.0M | ||
| Q2 24 | $346.5B | $192.2M | ||
| Q1 24 | $334.1B | $210.0M |
负债/权益比APOICMB
| Q4 25 | 0.57× | 2.02× | ||
| Q3 25 | 0.55× | 1.77× | ||
| Q2 25 | 0.63× | 1.78× | ||
| Q1 25 | 0.59× | 1.55× | ||
| Q4 24 | 0.61× | — | ||
| Q3 24 | 0.55× | 1.41× | ||
| Q2 24 | 0.64× | 1.44× | ||
| Q1 24 | 0.65× | 1.55× |
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 | $12.0M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 6.83× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流APOICMB
| Q4 25 | $4.7B | $12.0M | ||
| Q3 25 | $303.0M | $1.3M | ||
| Q2 25 | $1.3B | $-6.7M | ||
| Q1 25 | $1.0B | $5.1M | ||
| Q4 24 | $-4.0M | — | ||
| Q3 24 | $1.9B | $481.7K | ||
| Q2 24 | $1.3B | $11.0M | ||
| Q1 24 | $70.0M | $13.9M |
现金转化率APOICMB
| Q4 25 | 6.83× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 2.00× | — | ||
| Q1 25 | 2.29× | 2.31× | ||
| Q4 24 | -0.00× | — | ||
| Q3 24 | 2.29× | 0.07× | ||
| Q2 24 | 1.56× | — | ||
| Q1 24 | 0.05× | 5.76× |
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% |
ICMB
暂无分部数据
