Apollo Commercial Real Estate Finance (ARI) Non-Current Debt (2010 - 2026)
Apollo Commercial Real Estate Finance's (ARI) quarterly Non-Current Debt came in at $485.3 million in Q4 2025, up 182.22% YoY from $172.0 million in Q4 2024, and up 290.52% on a QoQ basis from $124.3 million in Q3 2025.
Apollo Commercial Real Estate Finance (ARI) Non-Current Debt (2010 - 2026) Analysis & Trends
Apollo Commercial Real Estate Finance (ARI) has 16 years of Non-Current Debt data on file, last reported at $485.3 million in 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 advanced to $485.3 million in Q4 2025, from $124.3 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $5.6 billion in Q1 2024 to a low of $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 sank 98.76% — and 2023, when it surged 8000.67%.
- Tracing ARI's Non-Current Debt over 5 years: stood at $494.1 million in 2021, then jumped by 972.01% to $5.3 billion in 2022, then sank by 80.29% to $1.0 billion in 2023, then tumbled by 83.53% to $172.0 million in 2024, then soared by 182.22% to $485.3 million in 2025.
- The last three Non-Current Debt figures came in at $485.3 million (Q4 2025), $124.3 million (Q3 2025), and $438.0 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 34.37 Bn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 89.81 Bn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 14.00 Bn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 22.64 Bn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 1.22 Bn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 19.44 Bn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 654.96 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 11.09 Bn |
| 10 | Apollo Commercial Real Estate Finance | 894.23 Mn | -345.25 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.51 Bn |
| 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 |