Apollo Commercial Real Estate Finance (ARI) Shares Outstanding (Diluted) (2010 - 2026)
Apollo Commercial Real Estate Finance (ARI) posted Shares Outstanding (Diluted) of 131.6 million for Q2 2026, down 5.5% from 139.21 million a year earlier and down 5.8% from the prior quarter.
Powered by 
Analysis
Apollo Commercial Real Estate Finance (ARI) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Apollo Commercial Real Estate Finance's Shares Outstanding (Diluted) came in at 138.87 million, down 0.6% from FY2024.
- Annual Shares Outstanding (Diluted) has declined for four consecutive years, with a five-year compound annual growth rate of -1.3% (FY2020 to FY2025).
- In prior years, Apollo Commercial Real Estate Finance's Shares Outstanding (Diluted) was 139.67 million in FY2024 (-1.1%), 141.28 million in FY2023 (-14.6%), 165.5 million in FY2022 (-1.7%) and 168.4 million in FY2021 (+13.8%).
- The Q2 2026 figure stands as the lowest quarterly Shares Outstanding (Diluted) since Q2 2018.
- On a year-over-year basis, Shares Outstanding (Diluted) increased in two of the last eight quarters, with an average decline of 1.4%.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q3 2021, with growth of 16.6%; the weakest was Q1 2022, with a decline of 17.8%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 139.71 million (Q1 2026), 138.87 million (Q4 2025) and 139.67 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.84 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 556.90 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.89 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 348.85 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 334.10 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 85.05 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 740.26 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | Apollo Commercial Real Estate Finance | 796.20 Mn | -955.81 Mn | - | 131.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 131.60 Mn |
| Mar 31, 2026 | 139.71 Mn |
| Dec 31, 2025 | 138.87 Mn |
| Sep 30, 2025 | 139.67 Mn |
| Jun 30, 2025 | 139.21 Mn |
| Mar 31, 2025 | 138.99 Mn |
| Dec 31, 2024 | 139.67 Mn |
| Sep 30, 2024 | 138.25 Mn |
| Jun 30, 2024 | 140.61 Mn |
| Mar 31, 2024 | 141.87 Mn |
| Dec 31, 2023 | 141.28 Mn |
| Sep 30, 2023 | 141.35 Mn |
| Jun 30, 2023 | 141.34 Mn |
| Mar 31, 2023 | 155.48 Mn |
| Dec 31, 2022 | 165.50 Mn |
| Sep 30, 2022 | 164.35 Mn |
| Jun 30, 2022 | 171.70 Mn |
| Mar 31, 2022 | 140.35 Mn |
| Dec 31, 2021 | 168.40 Mn |
| Sep 30, 2021 | 170.88 Mn |
API Access
Apollo Commercial Real Estate Finance Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=ARI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=ARI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();