Apollo Commercial Real Estate Finance (ARI) FCF Margin (2020 - 2026)

Apollo Commercial Real Estate Finance (ARI) reported FCF Margin of 0.46% for Q1 2026, down 2242.0% on a YoY basis from 0.02% in Q1 2025, and up 96.65% quarter-over-quarter from 13.82% in Q4 2025.

Apollo Commercial Real Estate Finance (ARI) FCF Margin (2020 - 2026) Analysis & Trends

Apollo Commercial Real Estate Finance has reported FCF Margin for 7 years, with the latest figure at 0.46% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 2242.0% year-over-year to 0.46%; the trailing twelve-month figure through Mar 2026 stood at 10.44% (down 4.0% YoY), and the FY2025 full-year result was 15.58%, up 545.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 0.46%, up from 13.82% in the prior quarter.
  • The five-year high for FCF Margin was 137.08% in Q3 2022, with the low at 13.82% in Q4 2025.
  • Historically, FCF Margin has averaged 38.33% across 5 years, with a median of 21.95% in 2025.
  • Annual changes were most pronounced in 2022 — FCF Margin soared 7126 bps — and 2024, when it sank 9178 bps.
  • Apollo Commercial Real Estate Finance's FCF Margin stood at 35.24% in 2022, then tumbled by 82 bps to 6.42% in 2023, then slipped by 18 bps to 5.25% in 2024, then tumbled by 363 bps to 13.82% in 2025, then jumped by 97 bps to 0.46% in 2026.
  • The last three FCF Margin figures came in at 0.46% (Q1 2026), 13.82% (Q4 2025), and 11.77% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -
2 AGNC Investment 11.42 Bn 10.75 Bn - -
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 18.26%
4 Rithm Capital 5.08 Bn 4.78 Bn - 4.42%
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -145.84%
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - -9,929.39%
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -
10 Apollo Commercial Real Estate Finance - - - -0.46%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.46%
Dec 31, 2025 -13.82%
Sep 30, 2025 11.77%
Jun 30, 2025 43.34%
Mar 31, 2025 21.95%
Dec 31, 2024 5.25%
Sep 30, 2024 3.21%
Jun 30, 2024 12.09%
Mar 31, 2024 18.55%
Dec 31, 2023 6.42%
Sep 30, 2023 80.93%
Jun 30, 2023 36.92%
Mar 31, 2023 110.33%
Dec 31, 2022 35.24%
Sep 30, 2022 137.08%
Jun 30, 2022 65.45%
Mar 31, 2022 77.30%
Dec 31, 2021 48.61%
Sep 30, 2021 65.82%
Jun 30, 2021 101.55%