Financial Analysis
Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data
Filing evidence summary
Constructive evidenceCoverage 2/5 core metrics2 filing-based checks were evaluable.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- No current rule-based risk flags
2 filing-based checks were evaluable.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Revenue expanded
Latest reported annual revenue changed +22.7% from the prior reported annual observation.
Why this surfaced
Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.
Core trend metrics
Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.
Where to look next
Risk checks
Financial movement
- Cash→ flat
- Long-term debt→ flat
- Inventory→ flat
- Receivables→ flat
- Current assets→ flat
Source & freshness
- Source
- SEC EDGAR XBRL
- Fetched
- 2026-09-06
- Latest period end
- 2025-12-31
- Filings
- EDGAR ↗
Reported segment mix
figures as filed · share of the filed sum · change vs the prior period in the same filing- Retirement Services Segment$27Bshare n/a+23.3% yoy
- Asset Management And Retirement Segments$20.2Bshare n/a+22.5% yoy
- Asset Management Segment$5Bshare n/a+19.7% yoy
member sum exceeds the consolidated figure: this axis carries more than one breakdown, so shares are not computed.
- Asset Management1$2.38B62.2%+25.2% yoy
- Investment Advice$1.2B31.4%+46.2% yoy
- Management Service Incentive$245M6.4%+63.3% yoy
Members sum to $3.83B against $32B consolidated (residual $28.2B) - eliminations or corporate lines the filer did not tag on this axis.
- Retirement Services Segment$4.05B80.0%-10.1% yoy
- Asset Management Segment$1.01B20.0%-3.3% yoy
Change is against the same quarter a year earlier, as reported in the same 10-Q.
Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.
Peer percentiles
latest fiscal year ending 2025-12-31 · among 4,122 US-listed filers · 907 in Financials| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $32.0B | 96thof 3,301 top third | 97thof 541 top third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 22.7% | 80thof 3,135 top third | 78thof 518 top third |
Net margin net income ÷ revenue | 10.9% | 73rdof 3,263 top third | 45thof 534 middle third |
Return on equity net income ÷ stockholders' equity (positive equity only) | 15.0% | 79thof 3,577 top third | 83rdof 774 top third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 2.5% | 48thof 2,895 middle third | 58thof 422 middle third |
Net debt ÷ operating cash flow net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher | -1.0× | 90thof 1,547 top third | 78thof 296 top third |
Cash conversion operating cash flow ÷ net income (net income > 0) | 2.1× | 69thof 2,183 top third | 81stof 673 top third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -0.9% | 27thof 3,577 bottom third | 57thof 804 middle third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | 36.3% | 20thof 3,059 bottom third | 23rdof 734 bottom third |
Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.
Earnings quality
latest fiscal year ending 2025-12-31 · accruals and cash conversion as filedPer fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.
Point-in-time ledger
first-reported vs latest filing · periods since 2020-01-01 · 11 changed periods| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Stockholders' equity StockholdersEquity | balance at 2022-12-31 | $397M 10-K 2023-03-01 | $6.64B 10-K 2024-02-27 | +1572.5% | first · latest · 5 filings carry it |
| Net income NetIncomeLoss | quarter 2022-03-31 | -$870M 10-Q 2022-05-10 | -$401M 10-K 2024-02-27 | +53.9% | first · latest |
| Net income NetIncomeLoss | fiscal year 2022-12-31 | -$3.21B 10-K 2023-03-01 | -$1.96B 10-K 2025-02-24 | +39.0% | first · latest · 3 filings carry it |
| Net income NetIncomeLoss | quarter 2022-09-30 | -$876M 10-Q 2022-11-08 | -$563M 10-K 2024-02-27 | +35.7% | first · latest · 3 filings carry it |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2022-03-31 | $133M 10-Q 2022-05-10 | $106M 10-Q 2023-11-07 | -20.3% | first · latest · 4 filings carry it |
| Net income NetIncomeLoss | quarter 2022-06-30 | -$2.05B 10-Q 2022-08-09 | -$1.64B 10-K 2024-02-27 | +20.2% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | fiscal year 2022-12-31 | $594M 10-K 2023-03-01 | $529M 10-K 2025-02-24 | -10.9% | first · latest · 5 filings carry it |
| Total liabilities Liabilities | balance at 2022-12-31 | $252B 10-K 2023-03-01 | $242B 10-K 2024-02-27 | -4.1% | first · latest · 5 filings carry it |
| Revenue Revenues | quarter 2022-03-31 | $875M 10-Q 2022-05-10 | $862M 10-K 2024-02-27 | -1.5% | first · latest · 5 filings carry it |
| Total assets Assets | balance at 2022-12-31 | $259B 10-K 2023-03-01 | $257B 10-K 2024-02-27 | -0.8% | first · latest · 5 filings carry it |
| Revenue Revenues | quarter 2022-06-30 | $2.27B 10-Q 2022-08-09 | $2.29B 10-K 2024-02-27 | +0.6% | first · latest · 3 filings carry it |
First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.
Notes by disclosure type
Not available for APO yet: no footnote text blocks on file for this filer in the ingested DERA files.
Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.