ARI - NYSE

Apollo Commercial Real Estate Finance, Inc.

ARI·NYSE

$10.89

-1.0%

Real EstateREIT - Mortgage

Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes, if the company distributes at least 90% of its REIT taxable income to its stockholders. Apollo Commercial Real Estate Finance, Inc. was founded in 2009 and is based in New York, New York.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.43B

EPS0.8100

P/E Ratio13.44

Earnings Date08/04/2026

9.90B

Assets

18%

3Y+3.0%

5Y+43.0%

10Y+184.0%

8.04B

Total Liabilities

23%

3Y+12.0%

5Y+72.0%

10Y+419.0%

1.86B

Total Equity

-1%

3Y-21.0%

5Y-18.0%

10Y-41.0%

Apollo Commercial Real Estate Finance, Inc. Funding & Solvency Profile

ARI · NYSE

Current Assets

Cash & Cash Equivalents139.82M

Net Receivables70.83M

Inventory0.00

Other Current Assets0.00

Total Current Assets211 M

Non-Current Assets

Property, Plant & Equipment0.00

Goodwill & Intangible Assets0.00

Long-Term Investments894.15M

Other Non-Current Assets8.80B

Total Non-Current Assets10 B

Total Assets

9.90B

Financial Health Analysis

Current Ratio

0.30x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

4.33x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-490454000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

2% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

Apollo Commercial Real Estate Finance, Inc. Balance Sheet

ARI • NYSE

Apollo Commercial Real Estate Finance, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	139.8M	317.4M	225.4M	222M	343.1M	325.5M	452.3M	109.8M	77.7M	201M	67.4M	40.6M	20.1M	108.6M	21.6M	37.9M	130.1M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	17.1M	33.4M	67.1M	0.0	0.0	0.0
Cash & Short-Term Investments	139.8M	317.4M	225.4M	222M	343.1M	325.5M	452.3M	109.8M	77.7M	201M	67.4M	57.7M	53.5M	175.7M	21.6M	37.9M	130.1M
Net Receivables	70.8M	58.5M	72.4M	65.4M	41.2M	6.5B	35.6M	33.4M	23.1M	19.3M	16.9M	10.8M	6M	4.3M	8.1M	5.6M	1.2M
Accounts Receivables	0.0	0.0	0.0	0.0	0.0	6.5B	35.6M	33.4M	23.1M	19.3M	16.9M	10.8M	6M	4.3M	8.1M	5.6M	1.2M
Other Receivables	70.8M	58.5M	72.4M	65.4M	41.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-23.7M	0.0	-5.9M	-3.3M	-4.1M	0.0	0.0	0.0	0.0	0.0
Other Current Assets	0.0	0.0	0.0	0.0	0.0	111.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Assets	210.7M	375.9M	297.8M	287.4M	384.3M	6.9B	487.9M	109.8M	77.7K	1.1K	1.2K	0.0	0.0	0.0	0.0	37.9K	130M
NON-CURRENT ASSETS
Long-Term Investments	894.2M	810.8M	548.9M	431.3M	168.6M	0.0	0.0	23.7M	0.0	499.5M	668.9M	731.1M	191.4M	278.9M	554M	642.8M	153.6M
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	6.9B	5.1B	4.1B	3.5B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	8.8B	7.2B	8.5B	8.8B	7.9B	112K	-487.9M	-5.1B	-4.1B	-3.5B	-668.9M	-731.1M	-191.4M	-278.9M	-554M	-642.8M	-153.6M
Total Non-Current Assets	9.7B	8B	9B	9.3B	8B	112K	6.4B	321K	389K	499.5M	668.9M	731.1M	191.4M	278.9M	554M	642.8M	153.6M
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	5B	4.1B	3B	2.1B	1.1B	716.1M	509.5M	337.2M	215.3M	51.6M
Total Assets	9.9B	8.4B	9.3B	9.6B	8.4B	6.9B	6.9B	5.1B	4.1B	3.5B	2.7B	1.8B	907.5M	788.4M	891.2M	858.1M	335.1M
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	0.0	0.0	0.0	0.0	4.8M	101.3M	1.5M	1.5M	65.6M	43.1M	24.3M	19.9M	14.9M	10M	7.9M	1.4M
Accounts Payable	0.0	0.0	0.0	0.0	0.0	4.8M	16.1M	1.5M	1.5M	7.3M	9.2M	7.6M	2.7M	1.3M	1.7M	683K	0.0
Other Payables	0.0	0.0	0.0	0.0	0.0	0.0	85.2M	0.0	0.0	58.3M	67.8M	33.4M	34.4M	13.7M	8.3M	7.2M	1.4M
Accrued Expenses	0.0	0.0	0.0	0.0	0.0	23.6M	26.5M	24M	0.0	14.3M	5.3M	0.0	2.6M	0.0	1.7M	2.4M	259K
Short Term Debt	701.1M	1B	864.2M	451.6M	1.2B	31.2M	813M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-779.4M	-5.6M	-1.5B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	0.0	0.0	0.0	0.0	0.0	85.8M	2.1B	89M	83.2M	-3.9M	-48.4M	7.6M	-22.5M	-14.9M	-11.7M	-10.2M	-1.6M
Total Current Liabilities	701.1M	1B	864.2M	451.6M	1.2B	145.4M	3B	114.6M	84.7M	161M	163.2M	121.4M	22.5M	16.3M	12.3M	20.2M	11.7M
NON-CURRENT LIABILITIES
Long Term Debt	7.2B	5.4B	6.1B	6.5B	4.8B	4.5B	3.3B	2.5B	1.9B	1.5B	1.3B	246.5M	154.1M	225.2M	251.3M	297.3M	128.1M
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	4.3B	2.6B	2B	1.6B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	-130.5M	-2.4B	-1.9B	-1.6B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	126.9M	146.9M	133.2M	243.6M	112.4M	38.3M	-3.3B	0.0	0.0	0.0	-1.3B	622.2M	-154.1M	-225.2M	-251.3M	-297.3M	-128.1M
Total Non-Current Liabilities	7.3B	5.5B	6.2B	6.8B	4.9B	4.5B	4.1B	2.5B	1.9B	1.4B	1.2B	868.7M	202M	225.2M	542M	540.1M	128.1M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	-2.9B	0.0	0.0	0.0	7.4M	0.0	48K	6K	-48K	9K	40K
Capital Lease Obligations	0.0	0.0	0.0	0.0	0.0	0.0	68K	137K	137K	184K	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	8B	6.5B	7.1B	7.2B	6.1B	4.7B	4.3B	2.6B	2B	1.6B	1.3B	990.1M	224.5M	241.5M	554.3M	560.3M	139.8M
SHAREHOLDERS' EQUITY
Preferred Stock	68K	68K	68K	68K	68K	68K	68K	137K	137K	184K	115K	35K	35K	35K	0.0	0.0	0.0
Common Stock	1.4M	1.4M	1.4M	1.4M	1.4M	1.4M	1.5M	1.3M	1.1M	914K	672K	469K	369K	280K	206K	175K	107K
Additional Paid-In Capital	2.7B	2.7B	2.7B	2.7B	2.7B	2.7B	2.8B	2.6B	2.2B	2B	1.4B	868M	697.6M	546.1M	336.2M	291.3M	198.4M
Retained Earnings	-849.7M	-822.7M	-520.2M	-363.9M	-427.9M	-438.7M	-196.9M	-130.2M	-83.1M	-48.1M	-32.3M	-10.5M	-14.2M	574K	0.0	0.0	-2.2M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-3.8M	-3.2M	-3M	-870K	-30K	563K	6.4M	-1.1M
Total Stockholders' Equity	1.9B	1.9B	2.2B	2.4B	2.3B	2.3B	2.6B	2.5B	2.1B	1.9B	1.4B	855.1M	683M	546.9M	337M	297.8M	195.3M
Total Equity	1.9B	1.9B	2.2B	2.4B	2.3B	2.3B	2.6B	4.9B	3.9B	3.1B	1.4B	855.1M	683M	546.9M	337M	297.8M	195.3M
Minority Interest	0.0	0.0	0.0	0.0	0.0	0.0	3.7B	2.4B	1.8B	1.2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	9.9B	8.4B	9.3B	9.6B	8.4B	6.9B	6.9B	5.1B	4.1B	3.5B	2.7B	1.8B	907.5M	788.4M	891.2M	858.1M	335.1M
Total Investments	894.2M	810.8M	548.9M	431.3M	168.6M	0.0	0.0	23.7M	0.0	499.5M	668.9M	748.2M	224.8M	346M	554M	642.8M	153.6M
Total Debt	7.9B	6.4B	7B	7B	6B	4.5B	4.1B	2.5B	1.9B	335M	366.4M	336M	202M	225.2M	251.3M	297.3M	128.1M
Net Debt	7.8B	6.1B	6.7B	6.7B	5.7B	4.2B	3.7B	2.4B	1.8B	134M	299M	295.4M	181.9M	116.6M	229.8M	259.4M	-2M
Shares Outstanding	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831	138,943,831

SEC Filings

ARI - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
DEF 14A DEF 14A 2026 N/A	May 29, 2026	July 09, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 15, 2026	May 14, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 30, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	April 29, 2026	April 28, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 28, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 24, 2026	April 24, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 22, 2026	April 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 11, 2026	February 10, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 10, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 28, 2026	January 27, 2026	2026	View Filing

Showing 1 to 10 of 270 filings

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