Apollo Commercial Real Estate Finance (ARI) Debt Ratio (2010 - 2026)
Apollo Commercial Real Estate Finance's (ARI) quarterly Debt Ratio came in at 0.77 in Q1 2026, up 4.37% on a YoY basis from 0.74 in Q1 2025, and up 9.12% quarter-over-quarter from 0.7 in Q4 2025.
Analysis
Apollo Commercial Real Estate Finance (ARI) Debt Ratio (2010 - 2026) Analysis & Trends
Apollo Commercial Real Estate Finance (ARI) has reported Debt Ratio for 17 consecutive years, with 0.77 the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 4.37% year-over-year to 0.77; the trailing twelve-month figure through Mar 2026 stood at 0.77 (up 4.37% YoY), and the FY2025 full-year result was 0.7, up 1.73% from the prior year.
- Debt Ratio improved to 0.77 in Q1 2026 per ARI's latest filing, from 0.7 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.83 in Q2 2025 and bottomed at 0.52 in Q1 2022.
- Historically, Debt Ratio has averaged 0.63 across 5 years, with a median of 0.61 in 2024.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio soared 382.76% in 2022, then advanced 1.73% in 2025.
- Over 5 years, Debt Ratio stood at 0.55 in 2022, then grew by 7.88% to 0.6 in 2023, then advanced by 16.02% to 0.69 in 2024, then increased by 1.73% to 0.7 in 2025, then increased by 9.12% to 0.77 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.77, 0.7, and 0.7 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 0.24 |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 0.74 |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 0.31 |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 0.86 |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 0.01 |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 0.06 |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 0.85 |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 0.03 |
| 10 | Apollo Commercial Real Estate Finance | 890.30 Mn | -349.18 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.77 |
| Dec 31, 2025 | 0.70 |
| Sep 30, 2025 | 0.70 |
| Jun 30, 2025 | 0.83 |
| Mar 31, 2025 | 0.74 |
| Dec 31, 2024 | 0.69 |
| Sep 30, 2024 | 0.61 |
| Jun 30, 2024 | 0.61 |
| Mar 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.60 |
| Sep 30, 2023 | 0.56 |
| Jun 30, 2023 | 0.57 |
| Mar 31, 2023 | 0.56 |
| Dec 31, 2022 | 0.55 |
| Sep 30, 2022 | 0.54 |
| Jun 30, 2022 | 0.54 |
| Mar 31, 2022 | 0.52 |
| Dec 31, 2021 | 0.49 |
| Sep 30, 2021 | 0.45 |
| Jun 30, 2021 | 0.46 |