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| Date | Value |
|---|---|
| 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 |