Apollo Commercial Real Estate Finance (ARI) Invested Capital (2023 - 2026)
Apollo Commercial Real Estate Finance's (ARI) quarterly Invested Capital came in at $744.4 million in Q1 2026, up 838.15% YoY from $79.3 million in Q1 2025, and little changed on a QoQ basis from $746.2 million in Q4 2025.
Apollo Commercial Real Estate Finance (ARI) Invested Capital (2023 - 2026) Analysis & Trends
Apollo Commercial Real Estate Finance (ARI) has 4 years of Invested Capital data on file, last reported at $744.4 million in Q1 2026.
- Quarterly Invested Capital rose 838.15% year-over-year to $744.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.0 billion (up 255.55% YoY) and the FY2025 annual result came in at $746.2 million, down 1.97% from the prior year.
- Invested Capital was little changed at $744.4 million in Q1 2026, from $746.2 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $761.2 million in Q4 2024 to a low of $2.0 million in Q1 2023.
- A 4-year average of $547.3 million and a median of $746.2 million in 2025 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2025 — Invested Capital declined 1.97% — and 2026, when it jumped 838.15%.
- Tracing ARI's Invested Capital over 4 years: stood at $2.0 million in 2023, then soared by 37962.5% to $761.2 million in 2024, then fell by 1.97% to $746.2 million in 2025, then decreased by 0.25% to $744.4 million in 2026.
- The last three Invested Capital figures came in at $744.4 million (Q1 2026), $746.2 million (Q4 2025), and $748.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 4.81 Bn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 897,000.00 |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | - |
| 10 | Apollo Commercial Real Estate Finance | 894.23 Mn | -345.25 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 744.38 Mn |
| Dec 31, 2025 | 746.25 Mn |
| Sep 30, 2025 | 748.13 Mn |
| Jun 30, 2025 | 750.00 Mn |
| Mar 31, 2025 | 79.35 Mn |
| Dec 31, 2024 | 761.25 Mn |
| Mar 31, 2023 | 2.00 Mn |