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

Apollo Commercial Real Estate Finance (ARI) posted Convertible Debt of $176.0 million for Q3 2023, down 5.3% on a QoQ basis from $185.9 million in Q2 2023, and down 23.19% year-over-year from $229.2 million in Q3 2022.

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

Apollo Commercial Real Estate Finance's Convertible Debt history runs 10 years deep, the most recent figure standing at $176.0 million for Q3 2023.

  • Quarterly Convertible Debt fell 23.19% year-over-year to $176.0 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $176.0 million (down 23.19% YoY) and the FY2022 annual result came in at $229.4 million, down 59.76% from the prior year.
  • Convertible Debt was $176.0 million for Q3 2023 at Apollo Commercial Real Estate Finance, down 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.
  • A 5-year average of $471.6 million and a median of $562.6 million in 2020 frame the typical range for Convertible Debt.
  • Annual changes were most pronounced in 2019 — Convertible Debt jumped 51.44% — and 2023, when it sank 67.62%.
  • Apollo Commercial Real Estate Finance's 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.
  • Business Quant data shows ARI's Convertible Debt at $176.0 million in Q3 2023, $185.9 million in Q2 2023, and $222.5 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 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 -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn -
6 Ellington Financial 1.63 Bn 1.51 Bn -
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 -

Historic Data

Download Data
DateValue
Sep 30, 2023 176.02 Mn
Jun 30, 2023 185.87 Mn
Mar 31, 2023 222.47 Mn
Dec 31, 2022 229.36 Mn
Sep 30, 2022 229.17 Mn
Jun 30, 2022 573.94 Mn
Mar 31, 2022 573.67 Mn
Dec 31, 2021 569.98 Mn
Sep 30, 2021 568.87 Mn
Jun 30, 2021 567.79 Mn
Mar 31, 2021 566.71 Mn
Dec 31, 2020 565.65 Mn
Sep 30, 2020 564.61 Mn
Jun 30, 2020 563.58 Mn
Mar 31, 2020 562.57 Mn
Dec 31, 2019 561.57 Mn
Sep 30, 2019 560.59 Mn
Jun 30, 2019 559.62 Mn
Mar 31, 2019 558.66 Mn
Dec 31, 2018 592.00 Mn