Apollo Commercial Real Estate Finance (ARI) FCF Payout Ratio (2010 - 2026)

Apollo Commercial Real Estate Finance (ARI) reported FCF Payout Ratio of 131.37 for Q1 2026, down 5459.43% on a YoY basis from 2.45 in Q1 2025, and down 1527.06% quarter-over-quarter from 9.21 in Q4 2025.

Apollo Commercial Real Estate Finance (ARI) FCF Payout Ratio (2010 - 2026) Analysis & Trends

Apollo Commercial Real Estate Finance has reported FCF Payout Ratio for 17 years, with the latest figure at 131.37 in Q1 2026.

  • For the quarter ending Q1 2026, FCF Payout Ratio fell 5459.43% year-over-year to 131.37; the trailing twelve-month figure through Mar 2026 stood at 0.47 (down 89.77% YoY), and the FY2025 full-year result was 0.29, down 94.77% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 131.37, down from 9.21 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 15.28 in Q3 2024, with the low at 131.37 in Q1 2026.
  • Historically, FCF Payout Ratio has averaged 6.45 across 5 years, with a median of 1.15 in 2025.
  • Annual changes were most pronounced in 2024 — FCF Payout Ratio jumped 1888.61% — and 2026, when it tumbled 5459.43%.
  • Apollo Commercial Real Estate Finance's FCF Payout Ratio stood at 4.5 in 2022, then plunged by 473.12% to 25.79 in 2023, then soared by 120.67% to 5.33 in 2024, then surged by 72.66% to 9.21 in 2025, then slumped by 1527.06% to 131.37 in 2026.
  • The last three FCF Payout Ratio figures came in at 131.37 (Q1 2026), 9.21 (Q4 2025), and 4.87 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -0.01
2 AGNC Investment 11.42 Bn 10.75 Bn - 1.17
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 1.91
4 Rithm Capital 5.08 Bn 4.78 Bn - 2.83
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 0.47
6 Dynex Capital 2.58 Bn 1.80 Bn - 1.47
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 0.80
8 Ellington Financial 1.67 Bn 1.39 Bn - 0.00
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -0.07
10 Apollo Commercial Real Estate Finance - - - -131.37

Historic Data

Download Data
DateValue
Mar 31, 2026 -131.37
Dec 31, 2025 9.21
Sep 30, 2025 4.87
Jun 30, 2025 1.15
Mar 31, 2025 2.45
Dec 31, 2024 5.33
Sep 30, 2024 15.28
Jun 30, 2024 5.03
Mar 31, 2024 3.39
Dec 31, 2023 -25.79
Sep 30, 2023 0.77
Jun 30, 2023 1.48
Mar 31, 2023 0.52
Dec 31, 2022 -4.50
Sep 30, 2022 0.48
Jun 30, 2022 1.01
Mar 31, 2022 1.01
Dec 31, 2021 -3.97
Sep 30, 2021 1.14
Jun 30, 2021 0.65