• Apollo Global Management average operating margin for 2023 was 8.91%, a 113.66% increase from 2022.
• Apollo Global Management average operating margin for 2022 was -65.22%, a 243.06% decline from 2021.
• Apollo Global Management average operating margin for 2021 was 45.59%, a 265.89% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.