Apollo Commercial Real Estate Finance (ARI) Capital Expenditures (2021 - 2026)
Apollo Commercial Real Estate Finance's (ARI) quarterly Capital Expenditures came in at $9.4 million in Q2 2026, down 71.14% on a YoY basis from $32.5 million in Q2 2025, and down 26.92% quarter-over-quarter from $12.8 million in Q1 2026.
Analysis
Apollo Commercial Real Estate Finance (ARI) Capital Expenditures (2021 - 2026) Analysis & Trends
Apollo Commercial Real Estate Finance (ARI) has reported Capital Expenditures for 6 consecutive years, with $9.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures fell 71.14% year-over-year to $9.4 million; the trailing twelve-month figure through Jun 2026 stood at $65.1 million (down 56.2% YoY), and the FY2025 full-year result was $100.2 million, down 40.88% from the prior year.
- Capital Expenditures retreated to $9.4 million in Q2 2026 per ARI's latest filing, from $12.8 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.
- Historically, Capital Expenditures has averaged $22.1 million across 5 years, with a median of $19.7 million in 2022.
- The sharpest annual moves came in 2023 and 2026: Capital Expenditures surged 44905.88% in 2023, then tumbled 71.14% in 2026.
- Over 5 years, 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 tumbled by 48.92% to $9.4 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $9.4 million, $12.8 million, and $18.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 7.65 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 205.84 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 109.92 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | - |
| 10 | Apollo Commercial Real Estate Finance | 890.30 Mn | -349.18 Mn | - | 9.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.38 Mn |
| Mar 31, 2026 | 12.83 Mn |
| Dec 31, 2025 | 18.36 Mn |
| Sep 30, 2025 | 24.49 Mn |
| Jun 30, 2025 | 32.50 Mn |
| Mar 31, 2025 | 24.87 Mn |
| Dec 31, 2024 | 46.23 Mn |
| Sep 30, 2024 | 44.94 Mn |
| Jun 30, 2024 | 40.44 Mn |
| Mar 31, 2024 | 37.90 Mn |
| Dec 31, 2023 | 25.44 Mn |
| Sep 30, 2023 | 17.75 Mn |
| Jun 30, 2023 | 15.30 Mn |
| Mar 31, 2023 | 14.13 Mn |
| Dec 31, 2022 | 11.88 Mn |
| Sep 30, 2022 | 21.08 Mn |
| Jun 30, 2022 | 34,000.00 |
| Mar 31, 2022 | 48,000.00 |
| Dec 31, 2021 | 68,000.00 |
| Sep 30, 2021 | 65,000.00 |