undamentalytics Newsletter
Sign in

Apollo Commercial Real Estate Finance, Inc. key statistics and ratios

In fiscal 2025, Apollo Commercial Real Estate Finance, Inc. had return on equity of 6.8% and a net margin of 46.7%. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Net margin68.8%6.6%78.6%87.4%16.9%−39.4%46.7%55.5%
Return on equity8.8%0.8%9.8%11.4%2.5%−5.9%6.8%8.5%
Return on assets3.3%0.3%2.9%2.9%0.6%−1.4%1.4%2.2%
Effective tax rate——0.0%0.0%0.8%—0.3%0.3%
Dividends ÷ net income117.0%>999%89.3%75.6%347.5%—111.5%106.8%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

76 /100

Strong moat

How hard Apollo Commercial Real Estate Finance's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Net income has been a median 2.3% of total assets over 10 years.

  • Durability 10 / 20

    Net margin has been a median 48.8%; its worst year was -1.5%.

  • Discipline 16 / 20

    The diluted share count fell 12.7% over five years; stock-based pay has been a median 5.4% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: ARI vs BRSPARI vs PMTARI vs CMTGARI vs TRTX

More: Mortgage REITs stocks compared, Financials sector, rankings of US companies

Figures from Apollo Commercial Real Estate Finance, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Apollo Commercial Real Estate Finance, Inc.