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Apollo Commercial Real Estate Finance vs Franklin BSP Realty Trust

Apollo Commercial Real Estate Finance and Franklin BSP Realty Trust are similar in size: $272m and $270m of revenue in their latest fiscal years. Franklin BSP Realty Trust grew faster (20.9% against -10.6%). Apollo Commercial Real Estate Finance kept more of each dollar of sales as profit: a net margin of 46.7% against 30.5%.

Latest fiscal yearApollo Commercial Real Estate FinanceARI, 2025Franklin BSP Realty TrustFBRT, 2025
Revenue $272m $270m
Revenue growth -10.6% 20.9%
Net income $127m $82.3m
Operating margin — —
Net margin 46.7% 30.5%
Return on equity 6.8% 5.6%
Free cash flow — —
Cash $140m $167m
Total debt $0 $2.92bn
Debt to equity — —
Dividend per share $1.00 $1.42
Dividend yield 47.6% 24.9%
Share buybacks $0 $14.4m
Employees — 223
Market value $315m $469m
Price vs our value range — —
Moat score 76 (Strong) 67 (Moderate)
Insider trades, 12 months 0 buys, 4 sales 5 buys, 1 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.