Apollo Global Management (New) (APO) vs Carlyle Group (CG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Apollo Global Management (New) (APO) has outperformed Carlyle Group (CG) over the past year, losing 8.3% versus a loss of 38.6%. Over five years, APO leads with a +71.4% price change compared with -26.5% for CG. Apollo Global Management (New) is the larger company by market cap ($68.24 billion vs $13.47 billion), about 5.1 times the size.
On valuation, Carlyle Group trades at a lower forward P/E (7.4x vs 10.8x for Apollo Global Management (New)). Carlyle Group offers the higher dividend yield (3.70% vs 1.86%). Carlyle Group converts more of its revenue into profit, with a net margin of 16.9% versus 10.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | APO | CG |
|---|---|---|
| Share price | $115.55 | $37.80 |
| Market cap | $68.24B | $13.47B |
| 1-day change | -0.34% | -2.78% |
| YTD return | -20.18% | -36.05% |
| 1-year return | -8.33% | -38.65% |
| 5-year return | +71.39% | -26.53% |
| P/E ratio (TTM) | 41.42 | 38.97 |
| Forward P/E | 10.80 | 7.44 |
| EPS (TTM) | $2.79 | $0.97 |
| Dividend yield | 1.86% | 3.70% |
| Annual dividend | $2.15 | $1.40 |
| Revenue (latest FY) | $32.05B | $4.78B |
| Revenue growth (YoY) | +22.73% | -11.91% |
| Net income (latest FY) | $3.49B | $808.70M |
| Net margin | 10.90% | 16.92% |
| 52-week high | $153.29 | $67.30 |
| 52-week low | $99.56 | $37.50 |
| Distance from 52-week high | -24.62% | -43.83% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +31.07% | +45.21% |
| Average volume | 3.36M | 3.51M |
| Shares outstanding | 590.54M | 356.33M |
| Employees | 6,140 | 2,500 |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Apollo Global Management (New) is about 5.1 times larger than Carlyle Group by market value ($68.24B vs $13.47B).
- APO has outperformed CG by 30.3 percentage points over the past year.
- Carlyle Group offers a meaningfully higher dividend yield (3.70% vs 1.86%).
- Carlyle Group is more profitable, keeping 16.9 cents of every revenue dollar as net income versus 10.9 cents for Apollo Global Management (New).
- Apollo Global Management (New) grew revenue faster in its latest fiscal year (+22.73% vs -11.91%).
About Apollo Global Management (New)
APO stock →Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets.
Finance · Investment Managers · 6,140 employees
About Carlyle Group
CG stock →The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments.
Finance · Investment Managers · 2,500 employees
APO vs CG FAQ
Which is bigger, Apollo Global Management (New) or Carlyle Group?
Apollo Global Management (New) (APO) is larger, with a market capitalization of $68.24B compared with $13.47B for Carlyle Group (CG).
Which stock has performed better over the past year, APO or CG?
APO returned -8.33% over the past 12 months, compared with -38.65% for CG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, APO or CG?
CG has the lower trailing P/E at 39.0, versus 41.4 for APO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Apollo Global Management (New) or Carlyle Group?
Carlyle Group has the higher yield at 3.70%, compared with 1.86% for Apollo Global Management (New).
Are Apollo Global Management (New) and Carlyle Group in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.