Apollo Commercial Real Estate Finance (ARI) Capital Expenditures (2021 - 2026)
Apollo Commercial Real Estate Finance (ARI) posted Capital Expenditures of $12.8 million for Q1 2026, down 30.11% on a QoQ basis from $18.4 million in Q4 2025, and down 48.4% year-over-year from $24.9 million in Q1 2025.
Apollo Commercial Real Estate Finance (ARI) Capital Expenditures (2021 - 2026) Analysis & Trends
Apollo Commercial Real Estate Finance's Capital Expenditures history runs 6 years deep, the most recent figure standing at $12.8 million for Q1 2026.
- Quarterly Capital Expenditures fell 48.4% year-over-year to $12.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $88.2 million (down 43.65% YoY) and the FY2025 annual result came in at $100.2 million, down 40.88% from the prior year.
- Capital Expenditures was $12.8 million for Q1 2026 at Apollo Commercial Real Estate Finance, down from $18.4 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $46.2 million in Q4 2024 and bottomed at $34000.0 in Q2 2022.
- A 5-year average of $22.8 million and a median of $21.1 million in 2022 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2023 — Capital Expenditures jumped 44905.88% — and 2025, when it plunged 60.28%.
- Apollo Commercial Real Estate Finance's Capital Expenditures stood at $11.9 million in 2022, then surged by 114.27% to $25.4 million in 2023, then soared by 81.7% to $46.2 million in 2024, then plunged by 60.28% to $18.4 million in 2025, then sank by 30.11% to $12.8 million in 2026.
- Business Quant data shows ARI's Capital Expenditures at $12.8 million in Q1 2026, $18.4 million in Q4 2025, and $24.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 7.20 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 116.76 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | -168,000.00 |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | - |
| 10 | Apollo Commercial Real Estate Finance | 940.39 Mn | 813.54 Mn | - | 12.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |