Apollo Commercial Real Estate Finance (ARI) Invested Capital (2010 - 2026)
Apollo Commercial Real Estate Finance (ARI) reported Invested Capital of $378.4 million for Q1 2026, down 41.86% on a YoY basis from $650.9 million in Q1 2025, and down 88.87% quarter-over-quarter from $3.4 billion in Q4 2025.
Apollo Commercial Real Estate Finance (ARI) Invested Capital (2010 - 2026) Analysis & Trends
Apollo Commercial Real Estate Finance has reported Invested Capital for 17 years, with the latest figure at $378.4 million in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital fell 41.86% year-over-year to $378.4 million; the trailing twelve-month figure through Mar 2026 stood at $1.5 billion (up 136.92% YoY), and the FY2025 full-year result was $3.4 billion, up 45.02% from the prior year.
- Invested Capital for Q1 2026 stood at $378.4 million, down from $3.4 billion in the prior quarter.
- The five-year high for Invested Capital was $4.4 billion in Q4 2023, with the low at $37.5 million in Q2 2025.
- Historically, Invested Capital has averaged $2.0 billion across 5 years, with a median of $2.2 billion in 2023.
- Annual changes were most pronounced in 2023 — Invested Capital soared 85.34% — and 2025, when it sank 98.12%.
- Apollo Commercial Real Estate Finance's Invested Capital stood at $2.4 billion in 2022, then soared by 85.34% to $4.4 billion in 2023, then sank by 46.29% to $2.3 billion in 2024, then surged by 45.02% to $3.4 billion in 2025, then plunged by 88.87% to $378.4 million in 2026.
- The last three Invested Capital figures came in at $378.4 million (Q1 2026), $3.4 billion (Q4 2025), and $475.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 16.27 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 12.18 Bn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 6.99 Bn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 215,000.00 |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 3.89 Bn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 2.72 Bn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 2.34 Bn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 2.60 Bn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 1.73 Bn |
| 10 | Apollo Commercial Real Estate Finance | - | - | - | 378.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 378.44 Mn |
| Dec 31, 2025 | 3.40 Bn |
| Sep 30, 2025 | 475.29 Mn |
| Jun 30, 2025 | 37.50 Mn |
| Mar 31, 2025 | 650.93 Mn |
| Dec 31, 2024 | 2.34 Bn |
| Sep 30, 2024 | 1.87 Bn |
| Jun 30, 2024 | 2.00 Bn |
| Mar 31, 2024 | 2.05 Bn |
| Dec 31, 2023 | 4.36 Bn |
| Sep 30, 2023 | 2.21 Bn |
| Jun 30, 2023 | 2.21 Bn |
| Mar 31, 2023 | 2.35 Bn |
| Dec 31, 2022 | 2.35 Bn |
| Sep 30, 2022 | 2.41 Bn |
| Jun 30, 2022 | 2.27 Bn |
| Mar 31, 2022 | 2.25 Bn |
| Dec 31, 2021 | 2.29 Bn |
| Sep 30, 2021 | 2.31 Bn |
| Jun 30, 2021 | 2.29 Bn |