ARI - NYSE
Apollo Commercial Real Estate Finance, Inc.
$10.89
-1.0%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.
At a Glance
Live SnapshotApollo Commercial Real Estate Finance, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.
CapEx Intensity
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Capital-intensive growth: Heavy reinvestment limits current cash available but may drive future returns. Assess whether CapEx supports compelling growth opportunities with adequate ROI.
Apollo Commercial Real Estate Finance, Inc. Cash Flow Statement
ARI • NYSE
| Apollo Commercial Real Estate Finance, Inc. Cash Flow Statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||||||||||||
126.7M | -122.9M | 58.1M | 261.1M | 223.5M | 18.4M | 230.2M | 220M | 193M | 157.9M | 103.3M | 82.7M | 52.5M | 40.2M | 25.9M | 11M | -2.2M | |
-15.9M | 11.7M | 8.2M | 704K | 2.6M | -48.9M | -69.6M | -53.1M | -41.4M | -6.1M | -8.2M | -2.2M | -4.9M | 1.6M | 9.2M | 6.2M | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 48.9M | 69.6M | 22.8M | -715K | -9.6M | 12.5M | -6M | 2M | -9M | 0.0 | 0.0 | 0.0 | |
13.6M | 0.0 | 17.4M | 0.0 | 17.6M | 16.8M | 15.9M | 8.8M | 11M | 4.5M | 4.3M | 698K | 3.5M | 2.8M | 0.0 | 0.0 | 0.0 | |
-8.8M | 373.3M | 190.5M | -67.4M | -50.7M | 136.1M | 26.2M | 75.7M | 6.7M | 4.6M | 3M | 2M | 866K | 2M | 2.2M | 2.9M | 453K | |
(194K) | (34K) | (795K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
26.8M | -61.8M | -452K | 73.3M | 6.3M | -7.2M | 1.2M | -8.2M | -13.7M | -32.4M | -26.6M | -10.1M | -8M | 2.6M | -1.8M | -3.5M | 427K | |
142.5M | 200.3M | 273.9M | 267.7M | 199.4M | 164.1M | 273.4M | 266M | 154.9M | 118.9M | 88.1M | 67M | 46M | 40.1M | 35.5M | 16.6M | -1.3M | |
INVESTING ACTIVITIES | |||||||||||||||||
-100.2M | -169.5M | -72.6M | -33M | -133K | (0.0) | (0.0) | (0.0) | -1.4M | -1.6M | -8K | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
(0.0) | (0.0) | (569K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (1.7B) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-6M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -927K | -362K | -4.3M | -415.3M | -134.4M | -70.7M | (0.0) | -521.4M | -155M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 492.7M | 168.8M | 60.1M | 31.6M | 218.5M | 349.9M | 75.7M | 23M | 0.0 | |
-1.3B | 746.7M | 140.5M | -1.3B | -1.4B | -215.7M | -1.4B | -998.9M | -1.2B | 870.8M | -846.7M | -502.9M | -249.9M | -86.3M | -136.6M | -109.2M | -50.4M | |
-1.4B | (577.2M) | (68.4M) | -1.3B | -1.4B | -215.7M | -1.4B | -998.9M | -720.7M | (1B) | -790.9M | -886.7M | -165.8M | (192.9M) | -60.9M | -607.6M | -205.4M | |
FINANCING ACTIVITIES | |||||||||||||||||
0.0 | -40.8M | 0.0 | 0.0 | 0.0 | -128M | 315.2M | 275.9M | 279.8M | 178.2M | 341.7M | 158.7M | 148.8M | 124.5M | 50M | 110.4M | 208.8M | |
1.2B | -594.8M | -110M | 1B | 1.4B | 321.8M | 1.7B | 759.6M | 452.1M | -1B | 302.3M | 346M | 0.0 | -251.3M | 2M | 409.2M | 128.1M | |
-153.5M | -198.2M | -214.3M | -212.8M | -212.6M | -251.3M | -291.2M | -254.6M | -219.7M | -160.2M | -108.3M | -75.2M | -62.9M | -35.4M | -29.4M | -14.5M | (0.0) | |
(0.0) | -40.8M | (0.0) | (0.0) | (0.0) | -128M | -172.5M | (0.0) | -117M | (0.0) | -1.7M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
64.7M | 144.5M | -19.1M | 141.4M | -28.3M | -17.6M | -19M | -15.8M | 147.6M | -4.4M | -3.9M | 410.8M | -54.6M | -70M | -13.4M | -6.2M | -256K | |
1.1B | -689.3M | -343.4M | 958M | 1.2B | -75.1M | 1.5B | 765.1M | 380.1M | -1B | 729.5M | 840.2M | 31.3M | -146M | 9.1M | 498.9M | 336.6M | |
CASH FLOW SUMMARY | |||||||||||||||||
2.2M | 3.8M | 4.5M | -7.4M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-177.6M | 92M | 3.4M | -121.1M | 17.6M | -126.8M | 342.5M | 32.1M | -185.8M | 133.6M | 26.8M | 20.5M | -88.5M | 87.1M | -16.3M | -92.1M | 130M | |
317.4M | 225.4M | 222M | 343.1M | 325.5M | 452.3M | 109.8M | 77.7M | 263.5M | 67.4M | 40.6M | 20.1M | 108.6M | 21.6M | 37.9M | 130M | 1K | |
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 | 130M | |
42.3M | 30.8M | 201.2M | 234.7M | 199.3M | 164.1M | 273.4M | 266M | 153.5M | 117.2M | 88.1M | 67M | 46M | 40.1M | 35.5M | 16.6M | -1.3M |
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 | |
8-K 8-K 2026 N/A | May 15, 2026 | May 14, 2026 | 2026 | |
10-K/A 10-K/A 2025 FY (Amended) FY | April 30, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 28, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 28, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 24, 2026 | April 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 22, 2026 | April 21, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 11, 2026 | February 10, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 10, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 28, 2026 | January 27, 2026 | 2026 |
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