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| Date | Value |
|---|---|
| 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% |