Apollo Commercial Real Estate Finance (ARI) EBITDA (2022 - 2026)
Apollo Commercial Real Estate Finance (ARI) recorded EBITDA of $64.02 million in Q2 2026, down 56.6% from $147.56 million a year earlier and down 55.7% from the prior quarter.
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Analysis
Apollo Commercial Real Estate Finance (ARI) EBITDA (2022 - 2026) Analysis & Trends
On a TTM basis, Apollo Commercial Real Estate Finance's EBITDA came in at $525.51 million as of Jun 30, 2026, up 8.9% year-over-year; for FY2025, it came in at $598.31 million, up 50.9% from FY2024.
- Annual EBITDA has a four-year compound annual growth rate of 11.4% (FY2021 to FY2025).
- Across earlier years, EBITDA came in at $396.38 million in FY2024 (-25.6%), $532.93 million in FY2023 (-0.7%), $536.46 million in FY2022 (+38.0%) and $388.68 million in FY2021.
- The Q2 2026 figure is the lowest quarterly EBITDA since Q3 2024.
- On a year-over-year basis, EBITDA rose in three of the last eight quarters, with growth averaging 63.0%.
- Peak year-over-year performance for EBITDA in the last five years was growth of 375.0% in Q2 2024, against a decline of 82.2% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $144.36 million (Q1 2026), $147.95 million (Q4 2025) and $169.18 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 800.00 Mn |
| 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 | - | 234.61 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 2.31 Bn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 376.14 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 2.17 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | Apollo Commercial Real Estate Finance | 801.33 Mn | -950.68 Mn | - | 64.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.02 Mn |
| Mar 31, 2026 | 144.36 Mn |
| Dec 31, 2025 | 147.95 Mn |
| Sep 30, 2025 | 169.18 Mn |
| Jun 30, 2025 | 147.56 Mn |
| Mar 31, 2025 | 133.62 Mn |
| Dec 31, 2024 | 156.65 Mn |
| Sep 30, 2024 | 44.95 Mn |
| Jun 30, 2024 | 166.64 Mn |
| Mar 31, 2024 | 28.13 Mn |
| Dec 31, 2023 | 170.65 Mn |
| Sep 30, 2023 | 169.43 Mn |
| Jun 30, 2023 | 35.08 Mn |
| Mar 31, 2023 | 157.77 Mn |
| Dec 31, 2022 | 92.59 Mn |
| Sep 30, 2022 | 255.33 Mn |
API Access
Apollo Commercial Real Estate Finance EBITDA 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=ebitda&ticker=ARI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=ARI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();