Apollo Commercial Real Estate Finance (ARI) Convertible Debt (2014 - 2023)

Apollo Commercial Real Estate Finance (ARI) has reported Convertible Debt for 10 consecutive years, with $176.0 million the latest figure, recorded in Q3 2023.

• For the quarter ending Q3 2023, Convertible Debt fell 23.19% year-over-year to $176.0 million; the trailing twelve-month figure through Sep 2023 stood at $176.0 million (down 23.19% YoY), and the FY2022 full-year result was $229.4 million, down 59.76% from the prior year.
• Convertible Debt retreated to $176.0 million in Q3 2023 per ARI's latest filing, from $185.9 million in the prior quarter.
• Across five years, Convertible Debt topped out at $573.9 million in Q2 2022 and bottomed at $176.0 million in Q3 2023.
• Historically, Convertible Debt has averaged $471.6 million across 5 years, with a median of $562.6 million in 2020.
• The sharpest annual moves came in 2019 and 2023: Convertible Debt surged 51.44% in 2019, then tumbled 67.62% in 2023.
• Over 5 years, Convertible Debt stood at $561.6 million in 2019, then grew by 0.73% to $565.7 million in 2020, then rose by 0.76% to $570.0 million in 2021, then slumped by 59.76% to $229.4 million in 2022, then declined by 23.26% to $176.0 million in 2023.
• According to Business Quant data, Convertible Debt over the past three periods registered $176.0 million, $185.9 million, and $222.5 million for Q3 2023, Q2 2023, and Q1 2023 respectively.