Apollo Commercial Real Estate Finance (ARI) Price to Sales (2021 - 2026)
Apollo Commercial Real Estate Finance's Price to Sales was 5.76 in Q2 2026, up 19.3% from 4.83 a year earlier and up 5.4% from the prior quarter.
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Analysis
Apollo Commercial Real Estate Finance (ARI) Price to Sales (2021 - 2026) Analysis & Trends
For FY2025, Price to Sales at Apollo Commercial Real Estate Finance came in at 4.95, up 25.7% from FY2024.
- In earlier years, Price to Sales was 3.94 in FY2024 (-17.7%), 4.79 in FY2023 (-3.9%), 4.98 in FY2022 (-23.0%) and 6.47 in FY2021 (+15.9%).
- The Q2 2026 figure marks the highest quarterly Price to Sales since Q1 2022.
- Compared with a year earlier, Price to Sales has increased for five straight quarters, with growth averaging 11.1% over the last eight quarters.
- The best year-over-year quarter for Price to Sales over five years was Q3 2025 (growth of 30.9%); the worst was Q3 2022 (a decline of 45.5%).
- Per Business Quant data, ARI's Price to Sales in the three quarters before Q2 2026 was 5.46 (Q1 2026), 4.95 (Q4 2025) and 5.24 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 44.95 Bn | 30.63 Bn | - |
| 2 | Orix | 41.97 Bn | 42.47 Bn | - |
| 3 | Royalty Pharma | 33.14 Bn | 33.05 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.99 Bn | 24.99 Bn | - |
| 5 | Affirm Holdings | 23.75 Bn | 17.44 Bn | - |
| 6 | Synchrony Financial | 23.25 Bn | -44.72 Bn | - |
| 7 | Royal Gold | 19.67 Bn | 18.90 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.04 Bn | 5.13 Bn | - |
| 9 | Ares Capital | 13.76 Bn | 11.19 Bn | - |
| 10 | Apollo Commercial Real Estate Finance | 806.45 Mn | -945.55 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.76 |
| Mar 31, 2026 | 5.46 |
| Dec 31, 2025 | 4.95 |
| Sep 30, 2025 | 5.24 |
| Jun 30, 2025 | 4.83 |
| Mar 31, 2025 | 4.60 |
| Dec 31, 2024 | 3.94 |
| Sep 30, 2024 | 4.00 |
| Jun 30, 2024 | 4.15 |
| Mar 31, 2024 | 4.68 |
| Dec 31, 2023 | 4.79 |
| Sep 30, 2023 | 4.12 |
| Jun 30, 2023 | 4.67 |
| Mar 31, 2023 | 4.03 |
| Dec 31, 2022 | 4.98 |
| Sep 30, 2022 | 4.06 |
| Jun 30, 2022 | 5.29 |
| Mar 31, 2022 | 7.05 |
| Dec 31, 2021 | 6.47 |
| Sep 30, 2021 | 7.45 |
API Access
Apollo Commercial Real Estate Finance Price to Sales API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-sales&ticker=ARI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "ticker": "ARI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-sales&ticker=ARI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();