APO vs. BCSF

Last updated Apr 1, 2026

Compare and contrast key facts about Apollo Global Management, Inc. (APO) and Bain Capital Specialty Finance, Inc. (BCSF).

Performance

APO vs. BCSF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Apollo Global Management, Inc. (APO) and Bain Capital Specialty Finance, Inc. (BCSF). The values are adjusted to include any dividend payments, if applicable.

APO vs. BCSF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
APO Apollo Global Management, Inc.	-22.72%	-11.12%	79.87%	49.44%	-9.59%	53.25%	8.00%	106.46%	-11.72%
BCSF Bain Capital Specialty Finance, Inc.	-7.71%	-9.60%	29.52%	41.95%	-13.31%	36.98%	-28.91%	28.19%	-4.60%

Fundamentals

Market Cap APO : $66.63B BCSF : $803.78M
EPS APO : $5.80 BCSF : $1.87K
PE Ratio APO : 19.20 BCSF : 0.01
PEG Ratio APO : 0.05 BCSF : 0.01
PS Ratio APO : 2.08 BCSF : 0.00
PB Ratio APO : 3.04 BCSF : 0.00
Total Revenue (TTM) APO : $32.06B BCSF : $217.36B
Gross Profit (TTM) APO : $31.03B BCSF : $0.00
EBITDA (TTM) APO : $8.01B BCSF : $0.00

Returns By Period

In the year-to-date period, APO achieves a -22.72% return, which is significantly lower than BCSF's -7.71% return.

APO

• 1D: 1.34%
• 1M: 6.52%
• YTD: -22.72%
• 6M: -15.72%
• 1Y: -17.39%
• 3Y*: 22.86%
• 5Y*: 20.87%
• 10Y*: 25.51%

BCSF

• 1D: 1.31%
• 1M: -0.56%
• YTD: -7.71%
• 6M: -5.98%
• 1Y: -14.33%
• 3Y*: 14.05%
• 5Y*: 7.63%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

APO vs. BCSF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

APO

APO Risk / Return Rank: 23
APO Sharpe Ratio Rank: 24
APO Sortino Ratio Rank: 23
APO Omega Ratio Rank: 23
APO Calmar Ratio Rank: 27
APO Martin Ratio Rank: 20

BCSF

BCSF Risk / Return Rank: 15
BCSF Sharpe Ratio Rank: 17
BCSF Sortino Ratio Rank: 17
BCSF Omega Ratio Rank: 18
BCSF Calmar Ratio Rank: 12
BCSF Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

APO vs. BCSF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Apollo Global Management, Inc. (APO) and Bain Capital Specialty Finance, Inc. (BCSF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	APO	BCSF	Difference
Sharpe ratio Return per unit of total volatility	-0.40	-0.56	+0.16
Sortino ratio Return per unit of downside risk	-0.31	-0.64	+0.34
Omega ratio Gain probability vs. loss probability	0.96	0.92	+0.04
Calmar ratio Return relative to maximum drawdown	-0.50	-0.82	+0.33
Martin ratio Return relative to average drawdown	-1.17	-1.53	+0.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APO vs. BCSF - Sharpe Ratio Comparison

The current APO Sharpe Ratio is -0.40, which is comparable to the BCSF Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of APO and BCSF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	APO	BCSF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.40	-0.56	+0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.38	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.21	+0.35

Correlation

The correlation between APO and BCSF is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

APO vs. BCSF - Dividend Comparison

APO's dividend yield for the trailing twelve months is around 1.83%, less than BCSF's 15.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APO Apollo Global Management, Inc.	1.83%	1.38%	1.10%	1.81%	2.51%	2.90%	4.72%	4.23%	7.86%	5.53%	6.46%	12.91%
BCSF Bain Capital Specialty Finance, Inc.	15.48%	14.02%	10.27%	10.62%	11.60%	8.94%	11.73%	8.30%	2.44%	0.00%	0.00%	0.00%

Drawdowns

APO vs. BCSF - Drawdown Comparison

The maximum APO drawdown since its inception was -56.99%, smaller than the maximum BCSF drawdown of -62.42%. Use the drawdown chart below to compare losses from any high point for APO and BCSF.

Drawdown Indicators

	APO	BCSF	Difference
Max Drawdown Largest peak-to-trough decline	-56.99%	-62.42%	+5.43%
Max Drawdown (1Y) Largest decline over 1 year	-34.97%	-18.06%	-16.91%
Max Drawdown (5Y) Largest decline over 5 years	-42.82%	-26.38%	-16.44%
Max Drawdown (10Y) Largest decline over 10 years	-53.48%	—	—
Current Drawdown Current decline from peak	-36.48%	-23.35%	-13.13%
Average Drawdown Average peak-to-trough decline	-16.21%	-12.13%	-4.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.85%	9.76%	+5.09%

Volatility

APO vs. BCSF - Volatility Comparison

Apollo Global Management, Inc. (APO) has a higher volatility of 10.58% compared to Bain Capital Specialty Finance, Inc. (BCSF) at 7.25%. This indicates that APO's price experiences larger fluctuations and is considered to be riskier than BCSF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APO	BCSF	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.58%	7.25%	+3.33%
Volatility (6M) Calculated over the trailing 6-month period	27.55%	17.11%	+10.44%
Volatility (1Y) Calculated over the trailing 1-year period	43.23%	25.74%	+17.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.72%	20.07%	+16.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.70%	31.20%	+6.50%

Financials

APO vs. BCSF - Profitability Comparison

The chart below illustrates the profitability comparison between Apollo Global Management, Inc. and Bain Capital Specialty Finance, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

APO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Apollo Global Management, Inc. reported a gross profit of 9.88B and revenue of 9.88B. Therefore, the gross margin over that period was 100.0%.

BCSF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Bain Capital Specialty Finance, Inc. reported a gross profit of -83.07M and revenue of 217.22B. Therefore, the gross margin over that period was -0.0%.

APO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Apollo Global Management, Inc. reported an operating income of 916.00M and revenue of 9.88B, resulting in an operating margin of 9.3%.

BCSF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Bain Capital Specialty Finance, Inc. reported an operating income of -73.93M and revenue of 217.22B, resulting in an operating margin of -0.0%.

APO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Apollo Global Management, Inc. reported a net income of 684.00M and revenue of 9.88B, resulting in a net margin of 6.9%.

BCSF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Bain Capital Specialty Finance, Inc. reported a net income of 121.53B and revenue of 217.22B, resulting in a net margin of 56.0%.