Apollo Commercial Real Estate Finance ARI
NYSE ARI
$6.80 -0.08 (-1.19%)
As of: Sep 8, 2026 · 3:59 PM EDT

Apollo Commercial Real Estate Finance (ARI) Net Margin (2020 - 2026)

Apollo Commercial Real Estate Finance's (ARI) quarterly Net Margin came in at 51.17% in Q2 2026, up 2625.0% on a YoY basis from 1.88% in Q2 2025, and up 29.55% quarter-over-quarter from 39.5% in Q1 2026.

Analysis

Apollo Commercial Real Estate Finance (ARI) Net Margin (2020 - 2026) Analysis & Trends

Apollo Commercial Real Estate Finance (ARI) has reported Net Margin for 7 consecutive years, with 51.17% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Net Margin rose 2625.0% year-over-year to 51.17%; the trailing twelve-month figure through Jun 2026 stood at 50.33% (up 5623.0% YoY), and the FY2025 full-year result was 42.14%, up 8558.0% from the prior year.
  • Net Margin improved to 51.17% in Q2 2026 per ARI's latest filing, from 39.5% in the prior quarter.
  • Across five years, Net Margin topped out at 235.86% in Q3 2022 and bottomed at 133.6% in Q1 2024.
  • Historically, Net Margin has averaged 27.27% across 5 years, with a median of 39.92% in 2026.
  • The sharpest annual moves came in 2024 and 2025: Net Margin slumped 18622 bps in 2024, then soared 20965 bps in 2025.
  • Over 5 years, Net Margin stood at 8.1% in 2022, then jumped by 738 bps to 51.66% in 2023, then climbed by 3 bps to 53.34% in 2024, then tumbled by 33 bps to 35.67% in 2025, then surged by 43 bps to 51.17% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 51.17%, 39.5%, and 35.67% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - -
2 AGNC Investment 12.43 Bn 11.10 Bn - -
3 Starwood Property Trust 5.84 Bn 3.67 Bn - 2.92%
4 Rithm Capital 5.57 Bn 5.57 Bn - 1.57%
5 Dynex Capital 2.88 Bn 2.27 Bn - -
6 Two Harbors Investment 2.65 Bn 2.01 Bn - -
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - -
8 Armour Residential REIT 2.11 Bn 2.02 Bn - -
9 Ellington Financial 1.71 Bn 1.46 Bn - 34.76%
10 Apollo Commercial Real Estate Finance 890.30 Mn -349.18 Mn - 51.17%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 51.17%
Mar 31, 2026 39.50%
Dec 31, 2025 35.67%
Sep 30, 2025 77.45%
Jun 30, 2025 24.92%
Mar 31, 2025 34.83%
Dec 31, 2024 53.34%
Sep 30, 2024 -132.20%
Jun 30, 2024 40.34%
Mar 31, 2024 -133.60%
Dec 31, 2023 51.66%
Sep 30, 2023 52.99%
Jun 30, 2023 -93.82%
Mar 31, 2023 52.63%
Dec 31, 2022 -8.10%
Sep 30, 2022 235.86%
Jun 30, 2022 89.30%
Mar 31, 2022 18.96%
Dec 31, 2021 48.03%
Sep 30, 2021 85.93%