Apollo Commercial Real Estate Finance, Inc. financials
Source: EDGAR filings · Built 2026-06-02T02:21:53Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Debt | 801.48M | 145.50M | 443.86M | 7.33M | 226.87M | 723.62M |
| Net Margin | 46.66% | -39.40% | 16.87% | 87.35% | 78.56% | 6.59% |
| Return on Equity (ROE) | 6.83% | -6.38% | 2.63% | 11.26% | 9.74% | 0.81% |
| Return on Assets (ROA) | 1.28% | -1.42% | 0.63% | 2.77% | 2.66% | 0.26% |
| Debt-to-Equity | 0.51× | 0.25× | 0.30× | 0.10× | 0.25× | 0.46× |
| Effective Tax Rate | 0.26% | -0.33% | 0.75% | 0.00% | 0.00% | — |
| Cash Conversion Ratio | 1.12× | -1.67× | 4.71× | 1.01× | 0.89× | 8.93× |
| Accruals Ratio | -0.00× | -0.04× | -0.02× | -0.00× | 0.00× | -0.02× |
| SBC % of Revenue | 5.02% | 5.42% | 5.06% | 6.01% | 6.20% | 6.03% |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 11.95× | — | 40.48× | 6.40× | 9.01× | 1117.00× |
| P/S | 4.95× | 3.94× | 4.82× | 4.98× | 6.47× | 5.58× |
| P/B | 0.72× | 0.64× | 0.75× | 0.64× | 0.80× | 0.69× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 271.59M | 303.67M | 344.59M | 303.64M | 284.51M | 278.68M |
| Operating Expenses | 157.96M | 159.12M | 148.50M | 121.15M | 89.57M | 66.60M |
| Income Tax Expense (Benefit) | 331.00K | 394.00K | 442.00K | 0 | 0 | — |
| Net Income (Loss) Attributable to Parent | 126.72M | -119.64M | 58.13M | 265.23M | 223.51M | 18.38M |
| Earnings Per Share, Basic | $0.81 | $-0.97 | $0.29 | $1.77 | $1.48 | $0.01 |
| Weighted Average Number of Shares Outstanding, Basic | 138.87M | 139.67M | 141.28M | 140.53M | 139.87M | 148.00M |
| Earnings Per Share, Diluted | $0.81 | $-0.97 | $0.29 | $1.68 | $1.46 | $0.01 |
| Weighted Average Number of Shares Outstanding, Diluted | 138.87M | 139.67M | 141.28M | 165.50M | 168.40M | 148.00M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 139.82M | 317.40M | 225.44M | 222.03M | 343.11M | 325.50M |
| Assets | 9.90B | 8.41B | 9.30B | 9.57B | 8.42B | 6.94B |
| Liabilities | 8.04B | 6.54B | 7.09B | 7.21B | 6.12B | 4.67B |
| Stockholders' Equity Attributable to Parent | 1.86B | 1.87B | 2.21B | 2.35B | 2.29B | 2.27B |
| Common Stock, Shares, Outstanding | 138.94M | 138.17M | 141.36M | 140.60M | 139.89M | 139.30M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 142.52M | 200.26M | 273.86M | 267.70M | 199.38M | 164.05M |
| Net Cash Provided by (Used in) Investing Activities | -1.39B | 577.17M | 68.42M | -1.34B | -1.36B | -215.72M |
| Payments for Repurchase of Common Stock | 0 | 40.81M | 0 | 0 | 0 | 127.99M |
| Net Cash Provided by (Used in) Financing Activities | 1.06B | -689.31M | -343.36M | 957.97M | 1.18B | -75.12M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Debt | 973.15M | 801.48M | 533.84M | 352.88M | 373.98M | 145.50M |
| Net Margin | 44.73% | 39.86% | 82.43% | 29.25% | 39.49% | 57.70% |
| Return on Equity (ROE) | 1.45% | 1.57% | 2.73% | 1.12% | 1.40% | 2.17% |
| Return on Assets (ROA) | 0.26% | 0.29% | 0.53% | 0.21% | 0.30% | 0.48% |
| Debt-to-Equity | 0.61× | 0.51× | 0.42× | 0.29× | 0.29× | 0.25× |
| Effective Tax Rate | 0.87% | -0.46% | 0.46% | 0.56% | 0.44% | 0.28% |
| Cash Conversion Ratio | 0.48× | 0.28× | 2.64× | 4.94× | 1.51× | 1.23× |
| Accruals Ratio | 0.00× | 0.00× | -0.01× | -0.01× | -0.00× | -0.00× |
| SBC % of Revenue | 5.20% | 4.62% | 16.63% | 9.63% | 5.21% | 5.62% |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 13.04× | 11.95× | 11.51× | — | — | — |
| P/S | 5.46× | 4.95× | 5.24× | 4.83× | 4.60× | 3.94× |
| P/B | 0.80× | 0.72× | 0.76× | 0.73× | 0.71× | 0.64× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 58.63M | 73.25M | 61.62M | 70.90M | 65.82M | 70.45M |
| Operating Expenses | 36.27M | 43.44M | 37.52M | 38.56M | 38.44M | 38.49M |
| Income Tax Expense (Benefit) | 230.00K | -135.00K | 234.00K | 116.00K | 116.00K | 114.00K |
| Net Income (Loss) Attributable to Parent | 26.23M | 29.20M | 50.79M | 20.74M | 25.99M | 40.65M |
| Earnings Per Share, Basic | $0.16 | $0.19 | $0.34 | $0.12 | $0.16 | $0.26 |
| Weighted Average Number of Shares Outstanding, Basic | 139.11M | 138.87M | 138.94M | 138.94M | 138.64M | 139.67M |
| Earnings Per Share, Diluted | $0.16 | $0.19 | $0.34 | $0.12 | $0.16 | $0.26 |
| Weighted Average Number of Shares Outstanding, Diluted | 139.71M | 138.87M | 139.67M | 139.21M | 138.99M | 139.67M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 126.85M | 139.82M | 245.86M | 177.62M | 166.42M | 317.40M |
| Assets | 10.09B | 9.90B | 9.52B | 9.82B | 8.78B | 8.41B |
| Liabilities | 8.28B | 8.04B | 7.66B | 7.97B | 6.92B | 6.54B |
| Stockholders' Equity Attributable to Parent | 1.81B | 1.86B | 1.86B | 1.85B | 1.86B | 1.87B |
| Common Stock, Shares, Outstanding | 136.72M | 138.94M | 138.94M | 138.94M | 138.87M | 138.17M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 12.56M | 8.24M | 134.28M | 102.54M | 39.32M | 49.93M |
| Net Cash Provided by (Used in) Investing Activities | -226.73M | -446.00M | -941.26M | -1.26B | -457.70M | 586.30M |
| Payments for Repurchase of Common Stock | 30.28M | 0 | 0 | 0 | 0 | 1.00K |
| Net Cash Provided by (Used in) Financing Activities | 200.81M | 333.05M | 731.92M | 1.01B | 266.34M | -513.48M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (ARI CIK 0001467760),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.