Apollo Commercial Real Estate Finance (ARI) Invested Capital (2010 - 2026)
Apollo Commercial Real Estate Finance's Invested Capital was $1.25 billion in Q2 2026, down 84.4% from $8.07 billion a year earlier and down 84.9% from the prior quarter.
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Analysis
Apollo Commercial Real Estate Finance (ARI) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, Invested Capital at Apollo Commercial Real Estate Finance came in at $8.13 billion, up 21.4% from FY2024.
- Invested Capital shows a five-year compound annual growth rate of 24.2% (FY2020 to FY2025).
- In earlier years, Invested Capital was $6.7 billion in FY2024 (-13.7%), $7.76 billion in FY2023 (+1.3%), $7.66 billion in FY2022 (+18.8%) and $6.44 billion in FY2021 (+134.0%).
- The Q2 2026 figure marks the lowest quarterly Invested Capital since Q4 2011.
- Compared with a year earlier, Invested Capital was higher in five of the last eight quarters, with an average decline of 6.9%.
- The best year-over-year quarter for Invested Capital over five years was Q4 2021 (growth of 134.0%); the worst was Q2 2026 (a decline of 84.4%).
- Per Business Quant data, ARI's Invested Capital in the three quarters before Q2 2026 was $8.32 billion (Q1 2026), $8.13 billion (Q4 2025) and $7.77 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 40.19 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 69.63 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 18.75 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 8.82 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 24.41 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 8.03 Bn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 51.34 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Apollo Commercial Real Estate Finance | 796.20 Mn | -955.81 Mn | - | 1.25 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.25 Bn |
| Mar 31, 2026 | 8.32 Bn |
| Dec 31, 2025 | 8.13 Bn |
| Sep 30, 2025 | 7.77 Bn |
| Jun 30, 2025 | 8.07 Bn |
| Mar 31, 2025 | 7.09 Bn |
| Dec 31, 2024 | 6.70 Bn |
| Sep 30, 2024 | 7.39 Bn |
| Jun 30, 2024 | 7.64 Bn |
| Mar 31, 2024 | 7.64 Bn |
| Dec 31, 2023 | 7.76 Bn |
| Sep 30, 2023 | 7.35 Bn |
| Jun 30, 2023 | 7.58 Bn |
| Mar 31, 2023 | 7.66 Bn |
| Dec 31, 2022 | 7.66 Bn |
| Sep 30, 2022 | 7.76 Bn |
| Jun 30, 2022 | 7.46 Bn |
| Mar 31, 2022 | 6.83 Bn |
| Dec 31, 2021 | 6.44 Bn |
| Sep 30, 2021 | 5.75 Bn |
API Access
Apollo Commercial Real Estate Finance Invested Capital 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=invested-capital&ticker=ARI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ARI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();