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
DateValue
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