Apollo Commercial Real Estate Finance Liquidating Trust (ARI) Return on Invested Capital [ROIC] (2023 - 2026)
Apollo Commercial Real Estate Finance (ARI) recorded Return on Invested Capital [ROIC] of 10.65% in Q2 2026, up 4.40 percentage points from 6.24% a year earlier and up 3.42 percentage points from the prior quarter.
Apollo Commercial Real Estate Finance Liquidating Trust (ARI) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2025, Apollo Commercial Real Estate Finance reported Return on Invested Capital [ROIC] of 7.90%, up 2.58 percentage points from FY2024.
- Across earlier years, Return on Invested Capital [ROIC] came in at 5.32% in FY2024 (-1.43 pp) and 6.75% in FY2023.
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for four consecutive quarters, with an average year-over-year change of +1.05 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 4.40 percentage points in Q2 2026, against a drop of 1.43 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.23% (Q1 2026), 7.37% (Q4 2025) and 7.51% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 3.67% |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 2.77% |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 2.85% |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 25.70% |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 6.19% |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 11.12% |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 12.15% |
| 10 | Apollo Commercial Real Estate Finance Liquidating Trust | 297.45 Mn | -1.45 Bn | - | 10.65% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.65% |
| Mar 31, 2026 | 7.23% |
| Dec 31, 2025 | 7.37% |
| Sep 30, 2025 | 7.51% |
| Jun 30, 2025 | 6.24% |
| Mar 31, 2025 | 6.90% |
| Dec 31, 2024 | 5.46% |
| Sep 30, 2024 | 5.32% |
| Jun 30, 2024 | 6.70% |
| Mar 31, 2024 | 5.12% |
| Dec 31, 2023 | 6.89% |
| Sep 30, 2023 | 5.61% |
Apollo Commercial Real Estate Finance Liquidating Trust Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=ARI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=ARI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();