Apollo Commercial Real Estate Finance (ARI) EBITDA Margin (2022 - 2026)
Apollo Commercial Real Estate Finance's EBITDA Margin was 144.25% in Q2 2026, down 63.87 percentage points from 208.12% a year earlier and down 101.96 percentage points from the prior quarter.
Apollo Commercial Real Estate Finance (ARI) EBITDA Margin (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, Apollo Commercial Real Estate Finance's EBITDA Margin was 220.91% through Jun 30, 2026, up 47.71 percentage points year-over-year; for FY2025, it came in at 220.30%, up 89.77 percentage points from FY2024.
- EBITDA Margin shows a four-year change of +83.69 percentage points (FY2021 to FY2025).
- In earlier years, EBITDA Margin was 130.53% in FY2024 (-24.13 pp), 154.65% in FY2023 (-22.02 pp), 176.68% in FY2022 (+40.06 pp) and 136.61% in FY2021.
- The Q2 2026 figure marks the lowest quarterly EBITDA Margin since Q3 2024.
- Compared with a year earlier, EBITDA Margin was higher in five of the last eight quarters, with an average year-over-year change of +26.88 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q3 2025 (a gain of 211.75 percentage points); the worst was Q1 2024 (a drop of 146.17 percentage points).
- Per Business Quant data, ARI's EBITDA Margin in the three quarters before Q2 2026 was 246.21% (Q1 2026), 201.98% (Q4 2025) and 274.55% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 28.74% |
| 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 | - | 20.12% |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 48.60% |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 83.49% |
| 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 | - | 144.25% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 144.25% |
| Mar 31, 2026 | 246.21% |
| Dec 31, 2025 | 201.98% |
| Sep 30, 2025 | 274.55% |
| Jun 30, 2025 | 208.12% |
| Mar 31, 2025 | 203.02% |
| Dec 31, 2024 | 222.34% |
| Sep 30, 2024 | 62.80% |
| Jun 30, 2024 | 205.46% |
| Mar 31, 2024 | 34.93% |
| Dec 31, 2023 | 202.79% |
| Sep 30, 2023 | 208.76% |
| Jun 30, 2023 | 38.06% |
| Mar 31, 2023 | 181.10% |
| Dec 31, 2022 | 106.25% |
| Sep 30, 2022 | 334.64% |
Apollo Commercial Real Estate Finance EBITDA Margin 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-margin&ticker=ARI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=ARI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();