Apollo Commercial Real Estate Finance (ARI) Convertible Debt (2014 - 2023)
Apollo Commercial Real Estate Finance's Convertible Debt was $176.02 million in Q3 2023, down 23.2% from $229.17 million a year earlier and down 5.3% from the prior quarter.
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Analysis
Apollo Commercial Real Estate Finance (ARI) Convertible Debt (2014 - 2023) Analysis & Trends
At the end of FY2022, Convertible Debt at Apollo Commercial Real Estate Finance came in at $229.36 million, down 59.8% from FY2021.
- Convertible Debt shows a five-year compound annual growth rate of -17.1% (FY2017 to FY2022).
- In earlier years, Convertible Debt was $569.98 million in FY2021 (+0.8%), $565.65 million in FY2020 (+0.7%), $561.57 million in FY2019 (-5.1%) and $592 million in FY2018 (+1.2%).
- The Q3 2023 figure marks the lowest quarterly Convertible Debt since Q2 2014.
- Compared with a year earlier, Convertible Debt has declined for five straight quarters, with an average decline of 33.6% over the last eight quarters.
- The best year-over-year quarter for Convertible Debt over five years was Q3 2019 (growth of 51.4%); the worst was Q2 2023 (a decline of 67.6%).
- Per Business Quant data, ARI's Convertible Debt in the three quarters before Q3 2023 was $185.87 million (Q2 2023), $222.47 million (Q1 2023) and $229.36 million (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - |
| 10 | Apollo Commercial Real Estate Finance | 801.33 Mn | -950.68 Mn | - |
Historic Data
Download Data
Historic 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 |
API Access
Apollo Commercial Real Estate Finance Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=ARI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "ARI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=ARI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();