Apollo Commercial Real Estate Finance (ARI) Non-Current Debt (2010 - 2025)
Apollo Commercial Real Estate Finance (ARI) posted Non-Current Debt of $485.3 million for Q4 2025, up 290.52% on a QoQ basis from $124.3 million in Q3 2025, and up 182.22% year-over-year from $172.0 million in Q4 2024.
Apollo Commercial Real Estate Finance (ARI) Non-Current Debt (2010 - 2025) Analysis & Trends
Apollo Commercial Real Estate Finance's Non-Current Debt history runs 16 years deep, the most recent figure standing at $485.3 million for Q4 2025.
- Quarterly Non-Current Debt rose 182.22% year-over-year to $485.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $485.3 million (up 182.22% YoY) and the FY2025 annual result came in at $485.3 million, up 182.22% from the prior year.
- Non-Current Debt was $485.3 million for Q4 2025 at Apollo Commercial Real Estate Finance, up from $124.3 million in the prior quarter.
- Across five years, Non-Current Debt topped out at $5.6 billion in Q1 2024 and bottomed at $6.1 million in Q3 2022.
- A 5-year average of $1.5 billion and a median of $494.6 million in 2022 frame the typical range for Non-Current Debt.
- Annual changes were most pronounced in 2022 — Non-Current Debt plunged 98.76% — and 2023, when it surged 8000.67%.
- Apollo Commercial Real Estate Finance's Non-Current Debt stood at $494.1 million in 2021, then soared by 972.01% to $5.3 billion in 2022, then tumbled by 80.29% to $1.0 billion in 2023, then sank by 83.53% to $172.0 million in 2024, then surged by 182.22% to $485.3 million in 2025.
- Business Quant data shows ARI's Non-Current Debt at $485.3 million in Q4 2025, $124.3 million in Q3 2025, and $438.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 1.10 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 87.62 Bn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 13.77 Bn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 782.22 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 264.44 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 19.44 Bn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 111.20 Mn |
| 10 | Apollo Commercial Real Estate Finance | 940.39 Mn | 813.54 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 485.34 Mn |
| Sep 30, 2025 | 124.28 Mn |
| Jun 30, 2025 | 438.04 Mn |
| Mar 31, 2025 | 496.60 Mn |
| Dec 31, 2024 | 171.97 Mn |
| Sep 30, 2024 | 353.15 Mn |
| Jun 30, 2024 | 1.30 Bn |
| Mar 31, 2024 | 5.60 Bn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 495.44 Mn |
| Jun 30, 2023 | 5.37 Bn |
| Mar 31, 2023 | 495.00 Mn |
| Dec 31, 2022 | 5.30 Bn |
| Sep 30, 2022 | 6.12 Mn |
| Jun 30, 2022 | 5.18 Bn |
| Mar 31, 2022 | 494.20 Mn |
| Dec 31, 2021 | 494.10 Mn |
| Sep 30, 2021 | 493.89 Mn |
| Jun 30, 2021 | 493.69 Mn |
| Mar 31, 2021 | 775.97 Mn |