Apollo Commercial Real Estate Finance (ARI) Invested Capital (2023 - 2026)

Apollo Commercial Real Estate Finance (ARI) posted Invested Capital of $744.4 million for Q1 2026, little changed on a QoQ basis from $746.2 million in Q4 2025, and up 838.15% year-over-year from $79.3 million in Q1 2025.

Apollo Commercial Real Estate Finance (ARI) Invested Capital (2023 - 2026) Analysis & Trends

Apollo Commercial Real Estate Finance's Invested Capital history runs 4 years deep, the most recent figure standing at $744.4 million for 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 $744.4 million for Q1 2026 at Apollo Commercial Real Estate Finance, roughly flat from $746.2 million in the prior quarter.
  • Across five years, Invested Capital topped out at $761.2 million in Q4 2024 and bottomed at $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 decreased 1.97% — and 2026, when it jumped 838.15%.
  • Apollo Commercial Real Estate Finance's Invested Capital stood at $2.0 million in 2023, then surged by 37962.5% to $761.2 million in 2024, then decreased by 1.97% to $746.2 million in 2025, then dropped by 0.25% to $744.4 million in 2026.
  • Business Quant data shows ARI's Invested Capital at $744.4 million in Q1 2026, $746.2 million in Q4 2025, and $748.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - -
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 5.08 Bn
4 Rithm Capital 5.01 Bn 5.01 Bn - 215,000.00
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -
6 Ellington Financial 1.63 Bn 1.51 Bn - -
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -
9 Two Harbors Investment 1.27 Bn 987.19 Mn - -
10 Apollo Commercial Real Estate Finance 940.39 Mn 813.54 Mn - 744.38 Mn

Historic Data

Download Data
DateValue
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