Apollo Commercial Real Estate Finance (ARI) EBT Margin (2022 - 2026)
Apollo Commercial Real Estate Finance's EBT Margin was 58.14% in Q2 2026, up 28.73 percentage points from 29.41% a year earlier and up 13.02 percentage points from the prior quarter.
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Analysis
Apollo Commercial Real Estate Finance (ARI) EBT Margin (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, Apollo Commercial Real Estate Finance's EBT Margin was 55.64% through Jun 30, 2026, up 56.98 percentage points year-over-year; for FY2025, it was 46.78%, up 86.05 percentage points from FY2024.
- EBT Margin shows a four-year change of -31.78 percentage points (FY2021 to FY2025).
- In earlier years, EBT Margin was -39.27% in FY2024 (-56.26 pp), 17.00% in FY2023 (-70.35 pp), 87.35% in FY2022 (+8.79 pp) and 78.56% in FY2021.
- Quarterly EBT Margin has moved between -129.65% (Q1 2024) and 239.88% (Q3 2022) over five years.
- Compared with a year earlier, EBT Margin was higher in five of the last eight quarters, with an average year-over-year change of +24.82 percentage points.
- The best year-over-year quarter for EBT Margin over five years was Q3 2025 (a gain of 210.63 percentage points); the worst was Q1 2024 (a drop of 185.80 percentage points).
- Per Business Quant data, ARI's EBT Margin in the three quarters before Q2 2026 was 45.12% (Q1 2026), 39.68% (Q4 2025) and 82.81% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 10.09% |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 46.33% |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 12.09% |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 66.15% |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 14.50% |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 24.99% |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 65.65% |
| 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 | - | 58.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.14% |
| Mar 31, 2026 | 45.12% |
| Dec 31, 2025 | 39.68% |
| Sep 30, 2025 | 82.81% |
| Jun 30, 2025 | 29.41% |
| Mar 31, 2025 | 39.67% |
| Dec 31, 2024 | 57.86% |
| Sep 30, 2024 | -127.82% |
| Jun 30, 2024 | 44.24% |
| Mar 31, 2024 | -129.65% |
| Dec 31, 2023 | 55.21% |
| Sep 30, 2023 | 57.40% |
| Jun 30, 2023 | -90.49% |
| Mar 31, 2023 | 56.15% |
| Dec 31, 2022 | -4.58% |
| Sep 30, 2022 | 239.88% |
API Access
Apollo Commercial Real Estate Finance EBT 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=ebt-margin&ticker=ARI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=ARI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();