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
DateValue
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