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

Apollo Commercial Real Estate Finance has reported Net Margin for 7 years, with the latest figure at 39.5% in Q1 2026.

• For the quarter ending Q1 2026, Net Margin rose 467.0% year-over-year to 39.5%; the trailing twelve-month figure through Mar 2026 stood at 43.37% (up 4386.0% YoY), and the FY2025 full-year result was 42.14%, up 8558.0% from the prior year.
• Net Margin for Q1 2026 stood at 39.5%, up from 35.67% in the prior quarter.
• The five-year high for Net Margin was 235.86% in Q3 2022, with the low at 133.6% in Q1 2024.
• Historically, Net Margin has averaged 25.87% across 5 years, with a median of 39.5% in 2026.
• Annual changes were most pronounced in 2024 — Net Margin sank 18622 bps — and 2025, when it surged 20965 bps.
• Apollo Commercial Real Estate Finance's Net Margin stood at 8.1% in 2022, then surged by 738 bps to 51.66% in 2023, then gained by 3 bps to 53.34% in 2024, then sank by 33 bps to 35.67% in 2025, then rose by 11 bps to 39.5% in 2026.
• The last three Net Margin figures came in at 39.5% (Q1 2026), 35.67% (Q4 2025), and 77.45% (Q3 2025), per Business Quant data.