Apollo Commercial Real Estate Finance (ARI) Debt to Equity (2010 - 2025)

Apollo Commercial Real Estate Finance (ARI) reported Debt to Equity of $0.25 for Q4 2025, up 153.5% quarter-over-quarter from $0.1 in Q3 2024.

Apollo Commercial Real Estate Finance (ARI) Debt to Equity (2010 - 2025) Analysis & Trends

Apollo Commercial Real Estate Finance has reported Debt to Equity for 16 years, with the latest figure at $0.25 in Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity changed N/A year-over-year to $0.25; the trailing twelve-month figure through Dec 2025 stood at $0.25 (changed N/A YoY), and the FY2025 full-year result was $0.25, changed N/A from the prior year.
  • Debt to Equity for Q4 2025 stood at $0.25, up from $0.1 in the prior quarter.
  • The five-year high for Debt to Equity was $2.73 in Q1 2024, with the low at $0.0 in Q2 2023.
  • Historically, Debt to Equity has averaged $0.25 across 5 years, with a median of $0.0 in 2021.
  • Annual changes were most pronounced in 2021 — Debt to Equity slumped 98.76% — and 2024, when it soared 67210.74%.
  • Apollo Commercial Real Estate Finance's Debt to Equity stood at $0.0 in 2021, then surged by 4834.17% to $0.21 in 2022, then soared by 43.35% to $0.3 in 2023, then plunged by 67.42% to $0.1 in 2024, then surged by 153.5% to $0.25 in 2025.
  • The last three Debt to Equity figures came in at $0.25 (Q4 2025), $0.1 (Q3 2024), and $0.06 (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 1.89
2 AGNC Investment 11.42 Bn 10.75 Bn - 7.19
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 0.61
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 0.23
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 7.90
8 Ellington Financial 1.67 Bn 1.39 Bn - -
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 0.06
10 Apollo Commercial Real Estate Finance - - - -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.25
Sep 30, 2024 0.10
Jun 30, 2024 0.06
Mar 31, 2024 2.73
Dec 31, 2023 0.30
Sep 30, 2023 0.34
Jun 30, 2023 0.00
Mar 31, 2023 0.00
Dec 31, 2022 0.21
Sep 30, 2022 0.00
Jun 30, 2022 0.00
Mar 31, 2022 0.00
Dec 31, 2021 0.00
Sep 30, 2021 0.00
Jun 30, 2021 0.00
Mar 31, 2021 0.00
Dec 31, 2020 0.00
Sep 30, 2020 0.21
Jun 30, 2020 0.33
Mar 31, 2020 0.00