Apollo Commercial Real Estate Finance (ARI) Interest Coverage Ratio (2022 - 2026)
Apollo Commercial Real Estate Finance's (ARI) Interest Coverage Ratio stood at 1.77 in Q2 2026, up 51.4% from 1.17 a year earlier and up 43.5% from the prior quarter.
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Analysis
Apollo Commercial Real Estate Finance (ARI) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
On a TTM basis, Apollo Commercial Real Estate Finance's Interest Coverage Ratio came in at 1.35 as of Jun 30, 2026, up 36.1% year-over-year; for FY2025, it came in at 1.28, up 67.2% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 0.76 in FY2024 (-32.2%), 1.13 in FY2023 (-43.2%), 1.98 in FY2022 (-16.6%) and 2.38 in FY2021.
- The Q2 2026 figure is the highest quarterly Interest Coverage Ratio since Q3 2022.
- On a year-over-year basis, Interest Coverage Ratio rose in three of the last eight quarters, with growth averaging 111.1%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 580.1% in Q1 2025, against a decline of 87.5% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.23 (Q1 2026), 1.25 (Q4 2025) and 1.44 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 1.75 |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 2.98 |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 1.42 |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 1.15 |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 1.24 |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 2.22 |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 27.97 |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 1.63 |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | Apollo Commercial Real Estate Finance | 801.33 Mn | -950.68 Mn | - | 1.77 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.77 |
| Mar 31, 2026 | 1.23 |
| Dec 31, 2025 | 1.25 |
| Sep 30, 2025 | 1.44 |
| Jun 30, 2025 | 1.17 |
| Mar 31, 2025 | 1.25 |
| Dec 31, 2024 | 1.36 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 1.28 |
| Mar 31, 2024 | 0.18 |
| Dec 31, 2023 | 1.38 |
| Sep 30, 2023 | 1.38 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 1.47 |
| Dec 31, 2022 | 0.96 |
| Sep 30, 2022 | 3.53 |
API Access
Apollo Commercial Real Estate Finance Interest Coverage Ratio 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=interest-coverage-ratio&ticker=ARI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=ARI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();