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| 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 |