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

Apollo Commercial Real Estate Finance (ARI) reported Equity Ratio of 0.19 for Q4 2025, down 15.88% on a YoY basis from 0.22 in Q4 2024, and down 15.88% quarter-over-quarter from 0.22 in Q4 2024.

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

Apollo Commercial Real Estate Finance has reported Equity Ratio for 16 years, with the latest figure at 0.19 in Q4 2025.

  • For the quarter ending Q4 2025, Equity Ratio fell 15.88% year-over-year to 0.19; the trailing twelve-month figure through Dec 2025 stood at 0.19 (down 15.88% YoY), and the FY2025 full-year result was 0.19, down 15.88% from the prior year.
  • Equity Ratio for Q4 2025 stood at 0.19, down from 0.22 in the prior quarter.
  • The five-year high for Equity Ratio was 0.31 in Q1 2021, with the low at 0.19 in Q4 2025.
  • Historically, Equity Ratio has averaged 0.25 across 5 years, with a median of 0.24 in 2023.
  • Annual changes were most pronounced in 2022 — Equity Ratio decreased 18.94% — and 2023, when it fell 0.56%.
  • Apollo Commercial Real Estate Finance's Equity Ratio stood at 0.27 in 2021, then fell by 9.74% to 0.25 in 2022, then retreated by 3.45% to 0.24 in 2023, then fell by 6.2% to 0.22 in 2024, then dropped by 15.88% to 0.19 in 2025.
  • The last three Equity Ratio figures came in at 0.19 (Q4 2025), 0.22 (Q4 2024), and 0.21 (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 0.12
2 AGNC Investment 11.42 Bn 10.75 Bn - 0.10
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 0.11
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 0.17
6 Dynex Capital 2.58 Bn 1.80 Bn - 0.11
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 0.11
8 Ellington Financial 1.67 Bn 1.39 Bn - 0.10
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 0.16
10 Apollo Commercial Real Estate Finance - - - -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.19
Dec 31, 2024 0.22
Sep 30, 2024 0.21
Jun 30, 2024 0.22
Mar 31, 2024 0.22
Dec 31, 2023 0.24
Sep 30, 2023 0.24
Jun 30, 2023 0.24
Mar 31, 2023 0.25
Dec 31, 2022 0.25
Sep 30, 2022 0.25
Jun 30, 2022 0.24
Mar 31, 2022 0.26
Dec 31, 2021 0.27
Sep 30, 2021 0.30
Jun 30, 2021 0.29
Mar 31, 2021 0.31
Dec 31, 2020 0.33
Sep 30, 2020 0.33
Jun 30, 2020 0.34