Educational research on US and Indian equities, ETFs, mutual funds and crypto, with screeners and a free investing academy.
All data is for educational purposes only and should not be considered investment advice.
Equiscale is operated by Syntellia LLC, a Delaware limited liability company.
© 2026 Syntellia LLC. All rights reserved.
Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments. The company 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 incorporated in 2009 and is based in New York, New York.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 5 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $273M | - | $127M | $42M | 6.8% | 39.4% | -205.9% |
| 2024 | $196M | - | $-120M | $31M | -6.4% | -26.4% | -305.8% |
| 2023 | $266M | - | $58M | $201M | 2.6% | -27.9% | -78.1% |
| 2022 | $369M | - | $265M | $235M | 11.3% | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2025 |
|---|---|
| Total Revenue | 272.83 |
| Operating Revenue | 272.83 |
| Selling General And Administration | 27.41 |
| Interest Income | 626.78 |
| Interest Expense | 460.09 |
| Net Interest Income | 166.69 |
| Pretax Income | 127.05 |
| Tax Provision | 0.33 |
| Tax Rate For Calcs | 0 |
| Tax Effect Of Unusual Items | 0 |
| Net Income Continuous Operations | 126.72 |
| Net Income From Continuing And Discontinued Operation | 126.72 |
| Net Income From Continuing Operation Net Minority Interest | 126.72 |
| Net Income | 126.72 |
| Net Income Common Stockholders | 111.91 |
| Net Income Including Noncontrolling Interests | 126.72 |
| Normalized Income | 126.72 |
| Diluted NI Availto Com Stockholders | 111.91 |
| Basic Average Shares | 138.87 |
| Diluted Average Shares | 138.87 |
| Reconciled Depreciation | 11.17 |
| Total Unusual Items | 0 |
| Total Unusual Items Excluding Goodwill | 0 |
| Preferred Stock Dividends | 12.27 |
| Special Income Charges | 0 |
| Gain On Sale Of Security | -106.12 |
| Depreciation Amortization Depletion Income Statement | 11.17 |
| Depreciation And Amortization In Income Statement | 11.17 |
| General And Administrative Expense | 27.41 |
| Other Gand A | 27.41 |
| Salaries And Wages | - |
| Otherunder Preferred Stock Dividend | 2.54 |
| Average Dilution Earnings | 0 |
| Depreciation Income Statement | 11.17 |
| Professional Expense And Contract Services Expense | - |
| Other Non Interest Expense | 119.38 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Apollo Commercial Real Estate Finance, Inc.this co. | ARI | $1.4B | 11.28↑ premium | 0.77 | 6.8% | - |
| Kennedy-Wilson Holdings, Inc. | KW | $1.5B | - | 1.00 | -2.5% | 14.28 |
| NexPoint Residential Trust, Inc. | NXRT | $1.5B | - | 5.03 | -10.8% | 20.72 |
| CBL & Associates Properties, Inc. | CBL | $1.5B | 10.99 | 3.92 | 35.7% | 6.74 |
| - |
| 2021 | - | - | - | - | - | - | - |
| FOR |
| $1.5B |
| 8.65 |
| 0.82 |
| 9.5% |
| 8.89 |
| Orchid Island Capital, Inc. | ORC | $1.3B | 8.43 | 0.98 | 11.6% | - |
| Alexander's, Inc. | ALX | $1.3B | 46.31 | 11.98 | 25.9% | 17.98 |
| Ladder Capital Corp | LADR | $1.3B | 20.23 | 0.87 | 4.3% | - |
| Two Harbors Investment Corp. | TWO | $1.3B | -2.86 | 1.09 | -38.3% | - |
| Peer Median | - | 9.82 | 1.05 | 6.9% | 14.28 | |