Apollo Commercial Real Estate Finance (ARI) Capital Expenditures (2021 - 2026)

Apollo Commercial Real Estate Finance (ARI) reported Capital Expenditures of $12.8 million for Q1 2026, down 48.4% on a YoY basis from $24.9 million in Q1 2025, and down 30.11% quarter-over-quarter from $18.4 million in Q4 2025.

Apollo Commercial Real Estate Finance (ARI) Capital Expenditures (2021 - 2026) Analysis & Trends

Apollo Commercial Real Estate Finance has reported Capital Expenditures for 6 years, with the latest figure at $12.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures fell 48.4% year-over-year to $12.8 million; the trailing twelve-month figure through Mar 2026 stood at $88.2 million (down 43.65% YoY), and the FY2025 full-year result was $100.2 million, down 40.88% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $12.8 million, down from $18.4 million in the prior quarter.
  • The five-year high for Capital Expenditures was $46.2 million in Q4 2024, with the low at $34000.0 in Q2 2022.
  • Historically, Capital Expenditures has averaged $22.8 million across 5 years, with a median of $21.1 million in 2022.
  • Annual changes were most pronounced in 2023 — Capital Expenditures jumped 44905.88% — and 2025, when it sank 60.28%.
  • Apollo Commercial Real Estate Finance's Capital Expenditures stood at $11.9 million in 2022, then soared by 114.27% to $25.4 million in 2023, then jumped by 81.7% to $46.2 million in 2024, then slumped by 60.28% to $18.4 million in 2025, then tumbled by 30.11% to $12.8 million in 2026.
  • The last three Capital Expenditures figures came in at $12.8 million (Q1 2026), $18.4 million (Q4 2025), and $24.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 54.31 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - -
3 Starwood Property Trust 6.25 Bn 6.25 Bn - -
4 Rithm Capital 5.08 Bn 4.78 Bn - 39.73 Mn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 17.00 Bn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 545.54 Mn
10 Apollo Commercial Real Estate Finance - - - 12.83 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 12.83 Mn
Mar 31, 2026 12.83 Mn
Dec 31, 2025 18.36 Mn
Dec 31, 2025 18.36 Mn
Sep 30, 2025 24.49 Mn
Sep 30, 2025 24.49 Mn
Jun 30, 2025 32.50 Mn
Jun 30, 2025 32.50 Mn
Mar 31, 2025 24.87 Mn
Mar 31, 2025 24.87 Mn
Dec 31, 2024 46.23 Mn
Dec 31, 2024 46.23 Mn
Sep 30, 2024 44.94 Mn
Sep 30, 2024 44.94 Mn
Jun 30, 2024 40.44 Mn
Jun 30, 2024 40.44 Mn
Mar 31, 2024 37.90 Mn
Mar 31, 2024 37.90 Mn
Dec 31, 2023 25.44 Mn
Dec 31, 2023 25.44 Mn