APO vs BX
Apollo Global Management (APO) and Blackstone (BX) compared side by side. Blackstone (BX) is larger, with a market cap of $141.0B versus $66.6B for Apollo Global Management, about 2.1 times the size. On trailing earnings, BX is cheaper at 26.3x versus 40.4x for APO.
Head to head
| Metric | APO | BX |
|---|---|---|
| Market cap | $66.6B | $141.0B |
| P/E (TTM) | 40.4x | 26.3x |
| Forward P/E | 10.6x | 16.0x |
| Revenue (TTM) | — | $15.5B |
| Revenue growth | — | -0.5% |
| Gross margin | — | 100.0% |
| Operating margin | — | 48.9% |
| Free cash flow | $9.5B | $5.5B |
| Dividend yield | 1.99% | 4.43% |
| 1-year return | -6.8% | -20.8% |
| 5-year return (annual) | +9.3% | +0.4% |
| Max drawdown | -57% | -88% |
| FI Handbook grade | C+ | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
APO vs BX FAQ
Which is bigger, APO or BX?
Blackstone (BX) is larger, with a market cap of $141.0B versus $66.6B for Apollo Global Management, about 2.1 times the size.
Is APO or BX cheaper?
On trailing earnings, BX is cheaper at 26.3x versus 40.4x for APO. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, APO or BX?
APO returned -6.8% over the past year including dividends, versus -20.8% for BX, through October 23, 2026.
Which pays a higher dividend, APO or BX?
BX yields 4.43% versus 1.99% for APO.
Full pages: Apollo Global Management · Blackstone