Free Trial
→ The Trump Dump is starting; Get out of stocks now? (From Paradigm Press) (Ad) Buy ARI Stock  Free ARI Stock Alerts

Apollo Commercial Real Estate Finance (ARI) Financials

Apollo Commercial Real Estate Finance logo
$9.46 -0.03 (-0.26%)
As of 11:25 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.
Compare
Annual Income Statements for Apollo Commercial Real Estate Finance

Annual Income Statements for Apollo Commercial Real Estate Finance

This table shows Apollo Commercial Real Estate Finance's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 75 91 128 156 193 212 4.84 211 253 46 -132
Consolidated Net Income / (Loss)		 83 103 158 193 220 230 18 224 265 58 -120
Net Income / (Loss) Continuing Operations		 83 103 158 193 220 230 18 224 265 58 -120
Total Pre-Tax Income 		83 100 158 196 220 230 18 224 265 59 -119
Total Revenue		 101 126 221 216 297 315 250 279 369 267 196
Net Interest Income / (Expense)		 97 143 201 260 289 334 279 266 242 252 199
Total Interest Income		 123 192 264 339 404 487 428 428 242 252 199
Loans and Leases Interest Income		 28 56 103 159 264 322 309 328 457 701 699
Investment Securities Interest Income		 96 136 161 180 140 165 118 100 56 17 3.54
Other Interest Income		 - - - - - - - - -271 -466 -504
Total Interest Expense		 27 49 64 78 115 153 149 163 0.00 0.00 0.00
Total Non-Interest Income		 4.20 -17 21 -44 7.59 -19 -29 13 127 14 -3.32
Other Service Charges		 0.03 1.24 1.09 0.94 1.44 2.11 1.60 3.82 2.49 4.62 4.50
Net Realized & Unrealized Capital Gains on Investments		 4.17 -19 20 -45 6.15 -22 -30 -9.47 63 -83 -113
Other Non-Interest Income		 - - - - - - 0.00 19 62 92 105
Provision for Credit Losses		 0.00 0.00 15 5.00 20 20 126 -35 -18 59 156
Total Non-Interest Expense		 18 26 48 52 57 65 67 90 121 149 159
Other Operating Expenses		 18 26 48 21 57 65 67 87 120 140 147
Depreciation Expense		 - - - - - 0.00 0.00 2.65 0.70 8.25 12
Income Tax Expense		 - - - - - - - 0.00 0.00 0.44 0.39
Preferred Stock Dividends Declared		 7.44 12 30 37 27 19 14 13 12 12 12
Basic Earnings per Share		 $1.72 $1.54 $1.74 $1.54 $1.52 $1.41 $0.01 $1.48 $1.77 $0.29 ($0.97)
Weighted Average Basic Shares Outstanding		 43.46M 58.67M 72.37M 99.86M 124.15M 146.88M 148.00M 139.87M 140.53M 141.28M 139.67M
Diluted Earnings per Share		 $1.72 $1.54 $1.74 $1.54 $1.48 $1.40 $0.01 $1.46 $1.68 $0.29 ($0.97)
Weighted Average Diluted Shares Outstanding		 43.68M 59.27M 73.31M 101.23M 153.82M 175.79M 148.00M 168.40M 165.50M 141.28M 139.67M
Weighted Average Basic & Diluted Shares Outstanding		 43.80M 59.30M 73.30M 101.50M 126.70M 154.04M 139.85M 140.54M 141.27M 142.10M 138.87M
Cash Dividends to Common per Share		 $1.60 $1.78 $1.84 $1.84 $1.84 $1.84 $1.45 $1.40 $1.40 $1.40 $1.20

Quarterly Income Statements for Apollo Commercial Real Estate Finance

This table shows Apollo Commercial Real Estate Finance's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 180 -7.06 46 -86 43 43 -108 33 -95 38 23
Consolidated Net Income / (Loss)		 183 -3.99 49 -83 46 47 -105 36 -92 41 26
Net Income / (Loss) Continuing Operations		 183 -3.99 49 -83 46 47 -105 36 -92 41 26
Total Pre-Tax Income 		183 -3.99 49 -83 47 46 -104 36 -91 41 26
Total Revenue		 176 32 88 -44 78 145 85 87 -54 77 69
Net Interest Income / (Expense)		 62 67 71 63 60 58 57 52 47 44 39
Total Interest Income		 134 -107 176 179 60 -163 185 180 47 -213 39
Loans and Leases Interest Income		 121 152 166 174 180 180 184 179 180 156 144
Investment Securities Interest Income		 13 12 9.71 5.11 1.60 0.86 0.85 0.84 1.21 0.64 0.56
Other Interest Income		 - - - - -122 - - - -134 - -105
Total Interest Expense		 72 -174 105 116 0.00 -221 128 128 0.00 -256 0.00
Total Non-Interest Income		 114 -35 17 -107 18 87 29 35 -101 34 29
Other Service Charges		 0.29 2.14 0.73 2.34 1.47 0.08 0.57 0.64 1.57 1.71 1.19
Net Realized & Unrealized Capital Gains on Investments		 38 4.73 -0.02 -139 -4.72 61 4.19 5.11 -127 5.15 1.54
Other Non-Interest Income		 76 -42 16 29 21 26 24 29 25 27 26
Provision for Credit Losses		 -56 20 4.39 - -5.83 - 148 10 -0.90 -1.26 4.01
Total Non-Interest Expense		 47 17 35 39 37 38 41 41 39 38 38
Other Operating Expenses		 47 17 31 37 36 37 37 38 36 36 36
Depreciation Expense		 0.00 - 3.99 2.20 1.02 1.04 4.66 2.29 2.34 2.38 2.46
Income Tax Expense		 0.00 - 0.00 0.00 0.52 -0.08 0.11 0.10 0.07 0.11 0.12
Preferred Stock Dividends Declared		 3.07 3.07 3.07 3.07 3.07 3.07 3.07 3.07 3.07 3.07 3.07
Basic Earnings per Share		 $1.27 ($0.06) $0.32 ($0.62) $0.30 $0.29 ($0.76) $0.23 ($0.69) $0.25 $0.16
Weighted Average Basic Shares Outstanding		 140.59M 140.53M 141.07M 141.34M 141.35M 141.28M 141.87M 140.44M 138.25M 139.67M 138.64M
Diluted Earnings per Share		 $1.13 $0.03 $0.32 ($0.62) $0.30 $0.29 ($0.76) $0.23 ($0.69) $0.25 $0.16
Weighted Average Diluted Shares Outstanding		 164.35M 165.50M 155.48M 141.34M 141.35M 141.28M 141.87M 140.61M 138.25M 139.67M 138.99M
Weighted Average Basic & Diluted Shares Outstanding		 140.60M 141.27M 141.34M 141.35M 141.36M 142.10M 142.16M 138.35M 138.17M 138.87M 138.94M
Cash Dividends to Common per Share		 $0.35 $0.35 $0.35 $0.35 $0.35 $0.35 $0.35 $0.35 $0.25 $0.25 $0.25

Annual Cash Flow Statements for Apollo Commercial Real Estate Finance

This table details how cash moves in and out of Apollo Commercial Real Estate Finance's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 21 27 166 -186 32 342 -127 18 -119 4.02 89
Net Cash From Operating Activities		 67 88 124 155 266 273 164 199 268 274 200
Net Cash From Continuing Operating Activities		 67 88 124 155 266 273 164 199 262 279 200
Net Income / (Loss) Continuing Operations		 83 103 158 193 220 230 18 224 265 58 -120
Consolidated Net Income / (Loss)		 83 103 158 193 220 230 18 224 265 58 -120
Depreciation Expense		 - - - - - 0.00 0.00 2.65 0.70 8.25 12
Amortization Expense		 -2.24 -8.22 -6.07 -41 -53 -70 -49 -56 -39 -15 -13
Non-Cash Adjustments to Reconcile Net Income		 -3.32 20 -16 12 41 75 76 22 -21 169 227
Changes in Operating Assets and Liabilities, net		 -10 -27 -27 -14 38 18 -7.20 6.89 56 58 94
Net Cash From Investing Activities		 -887 -791 1,067 -721 -999 -1,435 -216 -1,357 -1,339 68 577
Net Cash From Continuing Investing Activities		 -516 -791 -631 -721 -999 -1,435 -216 -1,357 -1,339 68 577
Purchase of Investment Securities		 -847 -1,351 -1,138 -1,836 -2,351 -3,084 -891 -2,909 -33 -73 -1,468
Sale of Property, Leasehold Improvements and Equipment		 - - - - - - - - - - 40
Sale and/or Maturity of Investments		 331 540 506 1,091 1,352 2,035 675 1,903 2,201 1,183 2,550
Other Investing Activities, net		 0.00 - - - - -386 - -351 -3,507 -1,042 -544
Net Cash From Financing Activities		 840 730 -1,025 380 765 1,504 -75 1,175 958 -343 -689
Net Cash From Continuing Financing Activities		 849 730 -1,025 380 765 1,504 -75 1,175 958 -343 -689
Issuance of Debt		 346 0.00 0.00 343 227 497 34 797 2,836 807 1,998
Repayment of Debt		 0.00 -1.25 -4.37 -85 -56 -2.50 -5.00 -150 -1,807 -917 -2,593
Repurchase of Common Equity		 0.00 -1.74 - - 0.00 0.00 -128 - 0.00 0.00 -41
Payment of Dividends		 -75 -108 -160 -220 -255 -291 -251 -213 -213 -214 -198
Other Financing Activities, Net		 420 300 -1,038 179 573 1,158 275 741 141 -19 144
Cash Interest Paid		 18 43 53 56 98 133 130 138 246 444 495
Cash Income Taxes Paid		 - - - - - - - 0.00 0.00 0.80 0.03

Quarterly Cash Flow Statements for Apollo Commercial Real Estate Finance

This table details how cash moves in and out of Apollo Commercial Real Estate Finance's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 90 -104 104 -23 4.22 -82 -65 12 19 123 -152
Net Cash From Operating Activities		 126 43 110 49 83 31 53 50 47 50 39
Net Cash From Continuing Operating Activities		 126 37 110 49 83 36 53 50 47 50 39
Net Income / (Loss) Continuing Operations		 183 -3.99 49 -83 46 47 -105 36 -92 41 26
Consolidated Net Income / (Loss)		 183 -3.99 49 -83 46 47 -105 36 -92 41 26
Provision For Loan Losses		 - - 4.39 62 - - 148 10 - - 4.01
Depreciation Expense		 - - 3.99 2.20 1.02 1.04 4.66 2.29 2.34 2.38 2.46
Amortization Expense		 -9.94 -7.69 -6.21 -2.61 -4.50 -1.56 -2.69 -2.22 -3.71 -3.93 -1.86
Non-Cash Adjustments to Reconcile Net Income		 -58 42 48 88 21 12 7.89 4.23 134 81 9.44
Changes in Operating Assets and Liabilities, net		 49 -31 11 -16 85 -22 -0.17 -0.09 164 -70 -0.72
Net Cash From Investing Activities		 -189 184 87 23 115 -157 -167 -49 206 586 -458
Net Cash From Continuing Investing Activities		 -189 184 87 23 115 -157 -167 -49 206 586 -458
Purchase of Investment Securities		 -998 3,235 -360 -96 150 233 -360 -652 -107 -350 -502
Sale and/or Maturity of Investments		 537 457 447 188 191 358 193 577 833 947 145
Other Investing Activities, net		 - - - - -235 -738 - - -554 -16 -100
Net Cash From Financing Activities		 147 -326 -93 -95 -198 43 48 11 -235 -513 266
Net Cash From Continuing Financing Activities		 147 -326 -93 -95 -198 43 48 11 -235 -513 266
Issuance of Debt		 - - - - 33 451 - - 505 315 407
Repayment of Debt		 -347 -1,456 -8.88 -382 -177 -349 -2.00 -1,033 -724 -834 -113
Repurchase of Common Equity		 - - - - - - - - -2.89 -0.00 0.00
Payment of Dividends		 -53 -53 -54 -54 -54 -54 -54 -54 -52 -38 -38
Other Financing Activities, Net		 547 -1,653 -30 17 -0.40 -5.06 104 -43 39 44 11
Cash Interest Paid		 62 95 90 118 109 127 116 136 122 121 102
Cash Income Taxes Paid		 - - - - - - - - - - 0.00

Annual Balance Sheets for Apollo Commercial Real Estate Finance

This table presents Apollo Commercial Real Estate Finance's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 1,845 2,713 3,483 4,089 5,096 6,888 6,940 8,417 9,568 9,297 8,412
Cash and Due from Banks		 41 67 201 78 110 452 325 343 222 225 317
Trading Account Securities		 698 3.33 483 0.00 24 - 0.00 17 129 29 58
Loans and Leases, Net of Allowance		 1,020 0.00 0.00 3,680 0.00 0.00 6,497 0.00 0.00 0.00 0.00
Loans Held for Sale		 - - - - - - - - - 0.00 41
Mortgage Servicing Rights		 - - 2,693 - 4,928 6,375 - 7,857 8,682 8,358 7,104
Other Assets		 49 0.24 43 331 35 61 118 200 536 684 891
Total Liabilities & Shareholders' Equity		 1,845 2,713 3,483 4,089 5,096 6,888 6,940 8,417 9,568 9,297 8,412
Total Liabilities		 990 1,337 1,551 2,000 2,586 4,258 4,669 6,122 7,214 7,088 6,537
Long-Term Debt		 339 248 335 585 592 4,138 4,554 6,019 6,977 6,958 6,390
Other Long-Term Liabilities		 29 - 69 71 105 120 75 103 237 130 147
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 855 1,375 1,932 2,088 2,510 2,630 2,271 2,295 2,355 2,209 1,874
Total Preferred & Common Equity		 855 1,375 1,932 2,088 2,510 2,630 2,271 2,295 2,355 2,209 1,874
Preferred Stock		 0.04 0.12 - - 0.14 0.07 0.07 0.07 0.07 0.07 0.07
Total Common Equity		 855 1,378 1,932 2,088 2,510 2,630 2,270 2,295 2,354 2,209 1,874
Common Stock		 869 1,411 1,984 2,171 2,640 2,827 2,709 2,722 2,718 2,729 2,697
Retained Earnings		 -10 -32 -48 -83 -130 -197 -439 -428 -364 -520 -823

Quarterly Balance Sheets for Apollo Commercial Real Estate Finance

This table presents Apollo Commercial Real Estate Finance's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Total Assets		 9,824 9,508 9,360 9,157 9,225 9,272 9,098 8,784
Cash and Due from Banks		 319 332 308 308 161 175 194 166
Trading Account Securities		 249 89 64 94 47 48 0.58 16
Loans and Leases, Net of Allowance		 0.00 0.00 8,295 0.00 0.00 0.00 0.00 7,687
Loans and Leases		 - - 8,295 - - - - 7,687
Loans Held for Sale		 - - - - 135 0.00 - 41
Other Assets		 524 616 693 781 731 756 1,073 873
Total Liabilities & Shareholders' Equity		 9,824 9,508 9,360 9,157 9,225 9,272 9,098 8,784
Total Liabilities		 7,416 7,161 7,145 6,945 7,178 7,275 7,230 6,924
Short-Term Debt		 - - - - - - - 0.00
Long-Term Debt		 7,038 6,967 6,971 6,733 7,013 7,117 7,044 6,815
Other Long-Term Liabilities		 378 193 165 212 165 158 185 109
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 2,408 2,348 2,215 2,212 2,047 1,997 1,868 1,861
Total Preferred & Common Equity		 2,408 2,348 2,215 2,212 2,047 1,997 1,868 1,861
Preferred Stock		 0.07 0.07 0.07 0.07 0.07 0.07 0.07 0.07
Total Common Equity		 2,408 2,347 2,215 2,212 2,047 1,997 1,868 1,861
Common Stock		 2,714 2,716 2,720 2,725 2,726 2,692 2,693 2,696
Retained Earnings		 -306 -368 -505 -513 -678 -695 -825 -835

Annual Metrics and Ratios for Apollo Commercial Real Estate Finance

This table displays calculated financial ratios and metrics derived from Apollo Commercial Real Estate Finance's official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 44.17% 24.65% 75.80% -2.37% 37.39% 6.11% -20.69% 11.63% 32.24% -27.73% -26.58%
EBITDA Growth		 69.33% 13.54% 65.88% -22.77% 42.26% -3.82% -94.56% 1,848.40% 33.29% -77.12% -331.30%
EBIT Growth		 57.94% 20.38% 58.30% 0.47% 38.61% 4.63% -74.97% 287.89% 18.66% -77.92% -303.59%
NOPAT Growth		 57.94% 20.38% 58.30% 0.47% 38.61% 4.63% -74.97% 287.89% 18.66% -78.08% -243.60%
Net Income Growth		 57.64% 24.80% 52.90% 22.27% 13.96% 4.63% -92.02% 1,116.28% 18.66% -78.08% -305.82%
EPS Growth		 36.51% -10.47% 12.99% -11.49% -3.90% -5.41% -99.29% 14,500.00% 15.07% -82.74% -434.48%
Operating Cash Flow Growth		 45.79% 31.45% 40.58% 25.01% 71.73% 2.81% -40.00% 21.54% 34.27% 2.30% -26.88%
Free Cash Flow Firm Growth		 -1,304.56% 26.28% -13.00% 37.23% -69.38% -107.10% 98.10% -4,071.57% 39.12% 129.60% 267.87%
Invested Capital Growth		 105.26% 39.94% 34.03% 17.69% 24.24% 35.88% 1.29% 21.28% 12.23% -1.76% -9.84%
Revenue Q/Q Growth		 6.54% 4.47% 20.29% -17.66% 24.42% 15.14% -33.98% 36.60% -9.16% 73.62% -25.74%
EBITDA Q/Q Growth		 9.61% -0.03% 15.95% -54.49% 197.39% 4.57% -96.28% 1,835.55% -17.15% 341.69% -214.20%
EBIT Q/Q Growth		 8.13% 2.20% 14.55% -41.36% 76.85% 3.63% -80.47% 394.78% -13.78% 129.19% -213.51%
NOPAT Q/Q Growth		 8.13% 2.20% 28.53% -40.26% 40.52% 23.02% -80.47% 3,718.81% -13.41% 616.11% -5.02%
Net Income Q/Q Growth		 8.07% 5.30% 25.21% -8.41% 5.60% 8.95% -65.71% 0.19% -13.41% 664.83% -5.18%
EPS Q/Q Growth		 2.99% -7.78% 27.94% -18.95% 0.00% 10.24% -96.00% 6.57% -13.40% 866.67% -4.30%
Operating Cash Flow Q/Q Growth		 27.46% -0.59% 17.11% -1.75% 1.31% 17.29% -17.22% -7.65% 3.11% -4.11% 10.54%
Free Cash Flow Firm Q/Q Growth		 -30.01% 0.75% -11.15% 5.10% 13.49% -32.93% 89.95% -58.51% 50.56% -56.29% 1,814.10%
Invested Capital Q/Q Growth		 10.80% 7.37% 8.97% 3.88% 1.96% 8.40% 0.32% 9.13% -1.21% 2.49% -7.27%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 79.85% 72.73% 68.63% 54.29% 56.22% 50.96% 3.50% 61.07% 61.56% 19.49% -61.39%
EBIT Margin		 82.07% 79.26% 71.37% 73.45% 74.10% 73.07% 23.07% 80.15% 71.93% 21.98% -60.94%
Profit (Net Income) Margin		 81.91% 82.01% 71.33% 89.33% 74.10% 73.07% 7.36% 80.15% 71.93% 21.81% -61.14%
Tax Burden Percent		 99.81% 103.47% 99.94% 98.55% 100.00% 100.00% 100.00% 100.00% 100.00% 99.25% 100.33%
Interest Burden Percent		 100.00% 100.00% 100.00% 123.42% 100.00% 100.00% 31.89% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.75% 0.00%
Return on Invested Capital (ROIC)		 6.14% 4.58% 5.31% 4.28% 4.89% 3.92% 0.85% 2.95% 3.01% 0.63% -0.96%
ROIC Less NNEP Spread (ROIC-NNEP)		 6.11% 4.90% 5.30% 6.30% 4.89% 3.92% -0.05% 2.95% 3.01% 0.63% -1.50%
Return on Net Nonoperating Assets (RNNOA)		 4.62% 4.68% 4.24% 5.32% 4.68% 5.04% -0.10% 6.85% 8.40% 1.92% -4.90%
Return on Equity (ROE)		 10.76% 9.26% 9.55% 9.60% 9.57% 8.96% 0.75% 9.79% 11.41% 2.55% -5.86%
Cash Return on Invested Capital (CROIC)		 -62.83% -28.71% -23.77% -11.97% -16.72% -26.50% -0.43% -16.28% -8.52% 2.41% 9.39%
Operating Return on Assets (OROA)		 6.02% 4.38% 5.10% 4.19% 4.79% 3.84% 0.83% 2.91% 2.95% 0.62% -1.35%
Return on Assets (ROA)		 6.01% 4.53% 5.10% 5.10% 4.79% 3.84% 0.27% 2.91% 2.95% 0.62% -1.35%
Return on Common Equity (ROCE)		 10.76% 9.27% 9.55% 9.60% 9.57% 8.96% 0.75% 9.79% 11.41% 2.55% -5.86%
Return on Equity Simple (ROE_SIMPLE)		 9.68% 7.51% 8.17% 9.24% 8.77% 8.75% 0.81% 9.74% 11.26% 2.63% -6.38%
Net Operating Profit after Tax (NOPAT)		 83 100 158 159 220 230 58 224 265 58 -83
NOPAT Margin		 82.07% 79.26% 71.37% 73.45% 74.10% 73.07% 23.07% 80.15% 71.93% 21.81% -42.66%
Net Nonoperating Expense Percent (NNEP)		 0.03% -0.33% 0.01% -2.02% 0.00% 0.00% 0.90% 0.00% 0.00% 0.00% 0.54%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 17.93% 20.74% 21.85% 24.24% 19.16% 20.58% 26.66% 32.32% 32.85% 55.72% 81.32%
Earnings before Interest and Taxes (EBIT)		 83 100 158 159 220 230 58 224 265 59 -119
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 81 92 152 117 167 161 8.74 170 227 52 -120
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.30 0.31 0.29 0.44 0.45 0.60 0.45 0.58 0.50 0.66 0.64
Price to Tangible Book Value (P/TBV)		 0.30 0.31 0.29 0.44 0.45 0.60 0.45 0.58 0.50 0.66 0.64
Price to Revenue (P/Rev)		 2.56 3.43 2.54 4.22 3.84 5.03 4.11 4.76 3.18 5.50 6.12
Price to Earnings (P/E)		 3.43 4.73 4.40 5.84 5.91 7.48 212.24 6.30 4.63 31.98 0.00
Dividend Yield		 29.04% 27.65% 26.48% 21.61% 21.62% 17.85% 19.82% 14.76% 16.80% 13.50% 13.86%
Earnings Yield		 29.18% 21.14% 22.71% 17.14% 16.91% 13.37% 0.47% 15.86% 21.59% 3.13% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.63 0.60 0.52 0.69 0.70 0.78 0.77 0.84 0.85 0.89 0.88
Enterprise Value to Revenue (EV/Rev)		 11.37 12.16 8.01 12.75 11.79 16.73 21.16 25.12 21.50 30.77 37.15
Enterprise Value to EBITDA (EV/EBITDA)		 14.24 16.72 11.67 23.49 20.98 32.82 604.75 41.12 34.92 157.87 0.00
Enterprise Value to EBIT (EV/EBIT)		 13.86 15.35 11.22 17.36 15.91 22.89 91.74 31.33 29.89 139.99 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 13.86 15.35 11.22 17.36 15.91 22.89 91.74 31.33 29.89 141.05 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 17.14 17.38 14.31 17.79 13.16 19.27 32.22 35.13 29.61 29.94 36.30
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 36.84 8.88
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.12 0.85 0.76 0.92 0.98 1.57 2.02 2.62 2.96 3.15 3.41
Long-Term Debt to Equity		 0.40 0.18 0.17 0.28 0.24 1.57 2.01 2.62 2.96 3.15 3.41
Financial Leverage		 0.76 0.95 0.80 0.84 0.96 1.29 1.78 2.32 2.80 3.05 3.27
Leverage Ratio		 1.79 2.04 1.87 1.88 2.00 2.33 2.82 3.36 3.87 4.13 4.34
Compound Leverage Factor		 1.79 2.04 1.87 2.32 2.00 2.33 0.90 3.36 3.87 4.13 4.34
Debt to Total Capital		 52.93% 45.89% 43.29% 47.92% 49.62% 61.14% 66.88% 72.40% 74.77% 75.91% 77.32%
Short-Term Debt to Total Capital		 34.25% 36.13% 33.45% 33.33% 37.73% 0.00% 0.46% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 18.68% 9.76% 9.83% 14.59% 11.88% 61.14% 66.42% 72.40% 74.77% 75.91% 77.32%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 47.07% 54.23% 56.71% 52.08% 50.38% 38.86% 33.12% 27.60% 25.23% 24.09% 22.68%
Debt to EBITDA		 11.92 12.74 9.71 16.38 14.81 25.78 524.54 35.34 30.73 133.98 -53.20
Net Debt to EBITDA		 11.04 12.00 7.97 15.72 14.15 22.96 487.30 33.33 29.76 129.64 -50.55
Long-Term Debt to EBITDA		 4.21 2.71 2.21 4.99 3.55 25.78 520.97 35.34 30.73 133.98 -53.20
Debt to NOPAT		 11.60 11.69 9.34 12.11 11.23 17.98 79.57 26.93 26.30 119.71 -76.56
Net Debt to NOPAT		 10.75 11.01 7.67 11.62 10.74 16.01 73.92 25.40 25.47 115.83 -72.75
Long-Term Debt to NOPAT		 4.09 2.49 2.12 3.69 2.69 17.98 79.03 26.93 26.30 119.71 -76.56
Noncontrolling Interest Sharing Ratio		 -0.05% -0.14% -0.09% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -849 -626 -707 -444 -752 -1,557 -30 -1,235 -752 223 819
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -31.98 -12.81 -11.09 -5.69 -6.56 -10.18 -0.20 -7.60 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 2.53 1.80 1.94 1.98 2.32 1.79 1.10 1.23 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 2.53 1.80 1.94 1.98 2.32 1.79 1.10 1.23 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.07 0.06 0.07 0.06 0.06 0.05 0.04 0.04 0.04 0.03 0.02
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,817 2,542 3,407 4,010 4,981 6,768 6,856 8,314 9,331 9,167 8,265
Invested Capital Turnover		 0.07 0.06 0.07 0.06 0.07 0.05 0.04 0.04 0.04 0.03 0.02
Increase / (Decrease) in Invested Capital		 932 725 865 603 972 1,787 87 1,459 1,017 -164 -902
Enterprise Value (EV)		 1,149 1,532 1,773 2,756 3,501 5,269 5,286 7,004 7,927 8,199 7,269
Market Capitalization		 258 432 562 912 1,139 1,583 1,027 1,327 1,172 1,466 1,197
Book Value per Share		 $18.25 $20.53 $23.90 $19.49 $18.75 $17.13 $16.18 $16.40 $16.75 $15.62 $13.57
Tangible Book Value per Share		 $18.25 $20.53 $23.90 $19.49 $18.75 $17.13 $16.18 $16.40 $16.75 $15.62 $13.57
Total Capital		 1,817 2,542 3,407 4,010 4,981 6,768 6,856 8,314 9,331 9,167 8,265
Total Debt		 961 1,167 1,475 1,921 2,472 4,138 4,585 6,019 6,977 6,958 6,390
Total Long-Term Debt		 339 248 335 585 592 4,138 4,554 6,019 6,977 6,958 6,390
Net Debt		 891 1,099 1,211 1,844 2,362 3,686 4,260 5,676 6,755 6,733 6,073
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -40
Net Nonoperating Expense (NNE)		 0.16 -3.46 0.10 -34 0.00 0.00 39 0.00 0.00 0.00 36
Net Nonoperating Obligations (NNO)		 961 1,167 1,475 1,921 2,472 4,138 4,585 6,019 6,977 6,958 6,390
Total Depreciation and Amortization (D&A)		 -2.24 -8.22 -6.07 -41 -53 -70 -49 -53 -38 -6.64 -0.88
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.72 $1.54 $1.74 $1.54 $1.52 $1.41 $0.01 $1.48 $1.77 $0.29 ($0.97)
Adjusted Weighted Average Basic Shares Outstanding		 43.46M 58.67M 72.37M 99.86M 124.15M 146.88M 148.00M 139.87M 140.53M 141.28M 139.67M
Adjusted Diluted Earnings per Share		 $1.72 $1.54 $1.74 $1.54 $1.48 $1.40 $0.01 $1.46 $1.68 $0.29 ($0.97)
Adjusted Weighted Average Diluted Shares Outstanding		 43.68M 59.27M 73.31M 101.23M 153.82M 175.79M 148.00M 168.40M 165.50M 141.28M 139.67M
Adjusted Basic & Diluted Earnings per Share		 $1.72 $1.54 $1.74 $1.54 $0.00 $1.41 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 46.90M 67.39M 91.62M 107.47M 134.29M 154.04M 139.85M 140.54M 141.27M 142.10M 138.87M
Normalized Net Operating Profit after Tax (NOPAT)		 58 70 111 133 154 161 40 157 186 58 -83
Normalized NOPAT Margin		 57.45% 55.48% 49.96% 61.67% 51.87% 51.15% 16.15% 56.24% 50.35% 21.81% -42.66%
Pre Tax Income Margin		 82.07% 79.26% 71.37% 90.65% 74.10% 73.07% 7.36% 80.15% 71.93% 21.98% -60.94%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 3.12 2.04 2.48 2.03 1.92 1.51 0.39 1.38 0.00 0.00 0.00
NOPAT to Interest Expense		 3.12 2.04 2.48 2.03 1.92 1.51 0.39 1.38 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 3.12 2.04 2.48 2.03 1.92 1.51 0.39 1.38 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 3.12 2.04 2.48 2.03 1.92 1.51 0.39 1.38 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 90.94% 104.87% 101.45% 113.81% 115.72% 126.52% 1,367.42% 95.12% 80.25% 368.66% -165.69%
Augmented Payout Ratio		 90.94% 106.56% 101.45% 113.81% 115.72% 126.52% 2,063.91% 95.12% 80.25% 368.66% -199.80%

Quarterly Metrics and Ratios for Apollo Commercial Real Estate Finance

This table displays calculated financial ratios and metrics derived from Apollo Commercial Real Estate Finance's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 123.16% -53.64% 44.59% -144.42% -55.73% 351.59% -2.89% 295.73% -169.07% -46.73% -20.26%
EBITDA Growth		 274.92% -138.50% 945.85% -237.12% -75.30% 917.48% -317.92% 142.90% -315.42% -63.92% 126.41%
EBIT Growth		 205.00% -114.53% 221.01% -217.55% -74.74% 2,095.09% -312.06% 143.03% -296.37% -62.65% 125.33%
NOPAT Growth		 202.69% -107.52% 221.01% -182.28% -74.83% 1,767.56% -249.41% 161.30% -239.00% -12.65% 135.56%
Net Income Growth		 203.07% -110.75% 221.01% -217.55% -74.83% 1,267.29% -313.68% 142.91% -298.71% -12.65% 124.87%
EPS Growth		 197.37% -89.66% 300.00% -240.91% -73.45% 866.67% -337.50% 137.10% -330.00% -13.79% 121.05%
Operating Cash Flow Growth		 186.08% 23.40% 122.01% -0.91% -33.61% -27.57% -52.07% 1.85% -43.39% 61.88% -25.60%
Free Cash Flow Firm Growth		 -126.91% 28.24% 62.68% 105.65% 133.27% 120.68% 131.52% 35.11% -105.91% 346.91% 125.94%
Invested Capital Growth		 23.98% 12.23% 7.20% -1.48% -5.30% -1.76% -2.73% -0.78% -0.35% -9.84% -4.24%
Revenue Q/Q Growth		 76.14% -81.74% 173.27% -150.52% 275.56% 86.30% -41.23% 1.83% -161.96% 243.68% -11.34%
EBITDA Q/Q Growth		 185.48% -107.49% 457.39% -279.47% 151.43% 147.79% -195.27% 135.33% -358.27% 141.51% -30.72%
EBIT Q/Q Growth		 159.93% -102.92% 1,009.22% -270.50% 155.86% 130.39% -196.64% 134.59% -354.93% 143.82% -34.87%
NOPAT Q/Q Growth		 157.97% -101.52% 1,852.70% -219.35% 178.92% 1.02% -257.04% 148.96% -278.95% 163.48% -36.06%
Net Income Q/Q Growth		 157.97% -102.18% 1,326.89% -270.50% 155.24% 1.02% -324.59% 134.24% -355.83% 144.40% -36.06%
EPS Q/Q Growth		 156.82% -97.35% 966.67% -293.75% 148.39% -3.33% -362.07% 130.26% -400.00% 136.23% -36.00%
Operating Cash Flow Q/Q Growth		 152.44% -66.11% 158.88% -55.25% 69.13% -63.03% 71.32% -4.91% -5.99% 5.71% -21.26%
Free Cash Flow Firm Q/Q Growth		 -17.05% 37.96% 43.50% 113.77% 589.56% -61.44% -13.89% -41.00% -130.15% 3,017.10% -56.47%
Invested Capital Q/Q Growth		 1.31% -1.21% -0.18% -1.39% -2.62% 2.49% -1.17% 0.60% -2.21% -7.27% 4.97%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 99.15% -40.65% 53.17% 0.00% 55.33% 73.59% -119.31% 41.39% 0.00% 49.85% 38.95%
EBIT Margin		 104.80% -16.74% 55.69% 0.00% 59.80% 73.95% -121.61% 41.31% 0.00% 51.84% 38.08%
Profit (Net Income) Margin		 104.01% -12.41% 55.69% 0.00% 59.14% 32.07% -122.54% 41.20% 0.00% 52.58% 37.91%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 98.89% 100.16% 100.11% 99.72% 100.07% 99.72% 99.56%
Interest Burden Percent		 99.24% 74.11% 100.00% 100.00% 100.00% 43.29% 100.65% 100.00% 100.00% 101.69% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 1.11% -0.16% 0.00% 0.28% 0.00% 0.28% 0.44%
Return on Invested Capital (ROIC)		 4.95% -0.36% 2.45% 0.00% 0.99% 0.92% -2.46% 1.78% 0.00% 1.18% 0.76%
ROIC Less NNEP Spread (ROIC-NNEP)		 4.95% -0.38% 2.45% 0.00% 0.99% 0.92% -2.91% 1.78% 0.00% 1.18% 0.76%
Return on Net Nonoperating Assets (RNNOA)		 12.96% -1.07% 7.14% 0.00% 2.94% 2.82% -9.26% 5.95% 0.00% 3.86% 2.70%
Return on Equity (ROE)		 17.91% -1.43% 9.59% 0.00% 3.93% 3.75% -11.72% 7.73% 0.00% 5.04% 3.46%
Cash Return on Invested Capital (CROIC)		 -17.82% -8.52% -3.63% 3.05% 5.54% 2.41% 2.05% 1.04% -0.53% 9.39% 4.46%
Operating Return on Assets (OROA)		 4.85% -0.69% 2.41% 0.00% 0.97% 2.09% -3.43% 1.75% 0.00% 1.15% 0.75%
Return on Assets (ROA)		 4.81% -0.51% 2.41% 0.00% 0.96% 0.91% -3.45% 1.75% 0.00% 1.16% 0.75%
Return on Common Equity (ROCE)		 17.91% -1.43% 9.59% 0.00% 3.93% 3.75% -11.72% 7.73% 0.00% 5.04% 3.46%
Return on Equity Simple (ROE_SIMPLE)		 12.72% 0.00% 12.73% 6.53% 0.34% 0.00% -4.66% 1.20% -6.09% 0.00% 0.58%
Net Operating Profit after Tax (NOPAT)		 183 -2.79 49 -58 46 47 -73 36 -64 41 26
NOPAT Margin		 104.01% -8.68% 55.69% 0.00% 59.14% 32.07% -85.69% 41.20% 0.00% 52.58% 37.91%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.02% 0.00% 0.36% 0.00% 0.00% 0.45% 0.00% 0.40% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 26.77% 53.66% 39.31% 0.00% 47.69% 26.05% 48.47% 46.88% 0.00% 49.78% 56.07%
Earnings before Interest and Taxes (EBIT)		 184 -5.38 49 -83 47 107 -104 36 -91 40 26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 174 -13 47 -84 43 107 -102 36 -93 39 27
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.38 0.50 0.48 0.63 0.57 0.66 0.74 0.70 0.68 0.64 0.71
Price to Tangible Book Value (P/TBV)		 0.38 0.50 0.48 0.63 0.57 0.66 0.74 0.70 0.68 0.64 0.71
Price to Revenue (P/Rev)		 2.28 3.18 2.83 5.58 8.25 5.50 5.76 3.52 4.83 6.12 7.46
Price to Earnings (P/E)		 3.15 4.63 3.90 10.61 0.00 31.98 0.00 119.98 0.00 0.00 0.00
Dividend Yield		 21.28% 16.80% 17.68% 14.09% 15.63% 13.50% 13.03% 14.30% 14.15% 13.86% 11.49%
Earnings Yield		 31.79% 21.59% 25.62% 9.42% 0.00% 3.13% 0.00% 0.83% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.81 0.85 0.83 0.88 0.86 0.89 0.92 0.91 0.91 0.88 0.92
Enterprise Value to Revenue (EV/Rev)		 18.83 21.50 19.59 32.07 50.11 30.77 31.71 21.09 30.82 37.15 44.76
Enterprise Value to EBITDA (EV/EBITDA)		 27.90 34.92 28.80 86.36 654.13 157.87 0.00 35.28 77.21 0.00 1,041.46
Enterprise Value to EBIT (EV/EBIT)		 24.85 29.89 25.94 70.97 300.97 139.99 0.00 34.99 77.31 0.00 804.44
Enterprise Value to NOPAT (EV/NOPAT)		 24.95 29.89 25.94 55.80 947.54 141.05 0.00 349.12 0.00 0.00 733.30
Enterprise Value to Operating Cash Flow (EV/OCF)		 29.44 29.61 23.62 24.61 26.93 29.94 38.67 38.34 44.83 36.30 42.72
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 28.58 15.11 36.84 44.43 87.48 0.00 8.88 20.18
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 2.92 2.96 2.97 3.15 3.04 3.15 3.43 3.56 3.77 3.41 3.66
Long-Term Debt to Equity		 2.92 2.96 2.97 3.15 3.04 3.15 3.43 3.56 3.77 3.41 3.66
Financial Leverage		 2.62 2.80 2.92 3.12 2.98 3.05 3.18 3.34 3.38 3.27 3.54
Leverage Ratio		 3.72 3.87 3.99 4.21 4.11 4.13 4.26 4.42 4.47 4.34 4.61
Compound Leverage Factor		 3.69 2.87 3.99 4.21 4.11 1.79 4.29 4.42 4.47 4.41 4.61
Debt to Total Capital		 74.51% 74.77% 74.80% 75.89% 75.27% 75.91% 77.40% 78.09% 79.04% 77.32% 78.55%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 74.51% 74.77% 74.80% 75.89% 75.27% 75.91% 77.40% 78.09% 79.04% 77.32% 78.55%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 25.49% 25.23% 25.20% 24.11% 24.73% 24.09% 22.60% 21.91% 20.96% 22.68% 21.45%
Debt to EBITDA		 25.68 30.73 25.88 74.63 572.61 133.98 -72.65 30.13 66.97 -53.20 889.68
Net Debt to EBITDA		 24.52 29.76 24.65 71.33 546.43 129.64 -70.98 29.39 65.12 -50.55 867.96
Long-Term Debt to EBITDA		 25.68 30.73 25.88 74.63 572.61 133.98 -72.65 30.13 66.97 -53.20 889.68
Debt to NOPAT		 22.98 26.30 23.31 48.22 829.47 119.71 -105.72 298.13 -88.63 -76.56 626.43
Net Debt to NOPAT		 21.93 25.47 22.20 46.09 791.54 115.83 -103.29 290.82 -86.19 -72.75 611.14
Long-Term Debt to NOPAT		 22.98 26.30 23.31 48.22 829.47 119.71 -105.72 298.13 -88.63 -76.56 626.43
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -1,644 -1,020 -576 79 547 211 182 107 -32 943 410
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -22.74 0.00 -5.50 0.68 0.00 0.00 1.42 0.83 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 1.74 0.00 1.05 0.42 0.00 0.00 0.41 0.39 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 1.74 0.00 1.05 0.42 0.00 0.00 0.41 0.39 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.05 0.04 0.04 0.03 0.02 0.03 0.03 0.04 0.03 0.02 0.02
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 9,446 9,331 9,315 9,185 8,945 9,167 9,060 9,114 8,913 8,265 8,676
Invested Capital Turnover		 0.05 0.04 0.04 0.03 0.02 0.03 0.03 0.04 0.03 0.02 0.02
Increase / (Decrease) in Invested Capital		 1,827 1,017 625 -138 -501 -164 -255 -71 -32 -902 -384
Enterprise Value (EV)		 7,644 7,927 7,754 8,067 7,691 8,199 8,371 8,334 8,122 7,269 7,978
Market Capitalization		 925 1,172 1,119 1,404 1,266 1,466 1,519 1,392 1,271 1,197 1,329
Book Value per Share		 $17.12 $16.75 $16.62 $15.67 $15.65 $15.62 $14.43 $14.05 $13.50 $13.57 $13.40
Tangible Book Value per Share		 $17.12 $16.75 $16.62 $15.67 $15.65 $15.62 $14.43 $14.05 $13.50 $13.57 $13.40
Total Capital		 9,446 9,331 9,315 9,185 8,945 9,167 9,060 9,114 8,913 8,265 8,676
Total Debt		 7,038 6,977 6,967 6,971 6,733 6,958 7,013 7,117 7,044 6,390 6,815
Total Long-Term Debt		 7,038 6,977 6,967 6,971 6,733 6,958 7,013 7,117 7,044 6,390 6,815
Net Debt		 6,719 6,755 6,636 6,662 6,425 6,733 6,851 6,942 6,850 6,073 6,649
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -5.09 0.00
Net Nonoperating Expense (NNE)		 0.00 1.20 0.00 25 0.00 0.00 31 0.00 28 0.00 0.00
Net Nonoperating Obligations (NNO)		 7,038 6,977 6,967 6,971 6,733 6,958 7,013 7,117 7,044 6,390 6,815
Total Depreciation and Amortization (D&A)		 -9.94 -7.69 -2.22 -0.41 -3.48 -0.52 1.97 0.07 -1.37 -1.55 0.59
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.27 ($0.06) $0.32 ($0.62) $0.30 $0.29 ($0.76) $0.23 ($0.69) $0.25 $0.16
Adjusted Weighted Average Basic Shares Outstanding		 140.59M 140.53M 141.07M 141.34M 141.35M 141.28M 141.87M 140.44M 138.25M 139.67M 138.64M
Adjusted Diluted Earnings per Share		 $1.13 $0.03 $0.32 ($0.62) $0.30 $0.29 ($0.76) $0.23 ($0.69) $0.25 $0.16
Adjusted Weighted Average Diluted Shares Outstanding		 164.35M 165.50M 155.48M 141.34M 141.35M 141.28M 141.87M 140.61M 138.25M 139.67M 138.99M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 140.60M 141.27M 141.34M 141.35M 141.36M 142.10M 142.16M 138.35M 138.17M 138.87M 138.94M
Normalized Net Operating Profit after Tax (NOPAT)		 128 -2.79 34 -58 46 33 -73 36 -64 41 26
Normalized NOPAT Margin		 72.81% -8.68% 38.99% 0.00% 59.14% 22.41% -85.69% 41.20% 0.00% 52.58% 37.91%
Pre Tax Income Margin		 104.01% -12.41% 55.69% 0.00% 59.80% 32.01% -122.41% 41.31% 0.00% 52.72% 38.08%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 2.55 0.00 0.47 -0.72 0.00 0.00 -0.81 0.28 0.00 0.00 0.00
NOPAT to Interest Expense		 2.53 0.00 0.47 -0.50 0.00 0.00 -0.57 0.28 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 2.55 0.00 0.47 -0.72 0.00 0.00 -0.81 0.28 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 2.53 0.00 0.47 -0.50 0.00 0.00 -0.57 0.28 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 69.40% 80.25% 71.33% 147.74% 2,814.93% 368.66% -225.03% 899.22% -187.72% -165.69% 1,680.28%
Augmented Payout Ratio		 69.40% 80.25% 71.33% 147.74% 2,814.93% 368.66% -225.03% 899.22% -187.72% -199.80% 2,055.41%

Frequently Asked Questions About Apollo Commercial Real Estate Finance's Financials

When does Apollo Commercial Real Estate Finance's financial year end?

According to the most recent income statement we have on file, Apollo Commercial Real Estate Finance's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Apollo Commercial Real Estate Finance's net income changed over the last 10 years?

Apollo Commercial Real Estate Finance's net income appears to be on a downward trend, with a most recent value of -$119.64 million in 2024, falling from $82.74 million in 2014. The previous period was $58.13 million in 2023. Check out Apollo Commercial Real Estate Finance's forecast to explore projected trends and price targets.

How has Apollo Commercial Real Estate Finance revenue changed over the last 10 years?

Over the last 10 years, Apollo Commercial Real Estate Finance's total revenue changed from $101.01 million in 2014 to $195.66 million in 2024, a change of 93.7%.

How much debt does Apollo Commercial Real Estate Finance have?

Apollo Commercial Real Estate Finance's total liabilities were at $6.54 billion at the end of 2024, a 7.8% decrease from 2023, and a 560.3% increase since 2014.

How much cash does Apollo Commercial Real Estate Finance have?

In the past 10 years, Apollo Commercial Real Estate Finance's cash and equivalents has ranged from $40.64 million in 2014 to $452.28 million in 2019, and is currently $317.40 million as of their latest financial filing in 2024.

How has Apollo Commercial Real Estate Finance's book value per share changed over the last 10 years?

Over the last 10 years, Apollo Commercial Real Estate Finance's book value per share changed from 18.25 in 2014 to 13.57 in 2024, a change of -25.7%.


Related Companies

This page (NYSE:ARI) was last updated on 5/5/2025 by MarketBeat.com Staff
From Our Partners
Elon’s Terrifying Warning Forces Trump To Take Action
Elon Musk has avoided two major financial crises before. He pulled Tesla and SpaceX back from the brink of col...
American Hartford Gold | Sponsored
Elon Reveals Why There Soon Won’t Be Any Money For Social Security
Elon Musk's Near-Death Experience Sparks Dire Warning for Americans After cheating death twice—once in a te...
Colonial Metals | Sponsored
Warning: “DOGE Collapse” imminent
Elon Strikes Back You may already sense that the tide is turning against Elon Musk and DOGE. Just this week...
Altimetry | Sponsored
Trump’s Bitcoin Reserve is No Accident…
Bryce Paul believes this is the #1 coin to buy right now The catalyst behind this surge is a massive new b...
Crypto 101 Media | Sponsored
Shocking AI play that’s beats Nvidia by a country mile
You’ve seen the headlines about Nvidia. Now Tim Sykes is sounding the alarm — because what CEO Jensen Huang is...
Timothy Sykes | Sponsored
Gold Hits New Highs as Global Markets Spiral
When Trump took office in 2017, gold was just $1,100 an ounce. By the time he left, it had soared to $1,839. ...
Premier Gold Co | Sponsored
Man who predicted $100K Bitcoin sees a huge run coming for another coin …
Sure enough, Bitcoin took off on the exact day Juan said it would. It's up more than 40% since the election...
Weiss Ratings | Sponsored
Musk's warning signal: Prepare before the cascade begins
When Elon Musk triggered his AI layoff plan, most analysts missed what it really meant. Louis Navellier didn’t...
InvestorPlace | Sponsored