Apollo Commercial Real Estate Finance (ARI) Tax Rate (2023 - 2026)
Apollo Commercial Real Estate Finance's (ARI) quarterly Tax Rate came in at 0.1% in Q2 2026, down 45.0% on a YoY basis from 0.19% in Q2 2025, and down 87.96% quarter-over-quarter from 0.87% in Q1 2026.
Analysis
Apollo Commercial Real Estate Finance (ARI) Tax Rate (2023 - 2026) Analysis & Trends
Apollo Commercial Real Estate Finance (ARI) has reported Tax Rate for 4 consecutive years, with 0.1% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 45.0% year-over-year to 0.1%; the trailing twelve-month figure through Jun 2026 stood at 0.24% (up 1084.0% YoY), and the FY2025 full-year result was 0.26%, up 60.0% from the prior year.
- Tax Rate fell to 0.1% in Q2 2026 per ARI's latest filing, from 0.87% in the prior quarter.
- Across five years, Tax Rate topped out at 1.11% in Q3 2023 and bottomed at 0.58% in Q4 2025.
- Historically, Tax Rate has averaged 0.26% across 4 years, with a median of 0.26% in 2024.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 118 bps in 2024, then surged 55 bps in 2025.
- Over 4 years, Tax Rate stood at 0.16% in 2023, then jumped by 252 bps to 0.25% in 2024, then tumbled by 337 bps to 0.58% in 2025, then jumped by 118 bps to 0.1% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.1%, 0.87%, and 0.58% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 0.83% |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 29.32% |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 21.84% |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 8.80% |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | -3.18% |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 0.21% |
| 10 | Apollo Commercial Real Estate Finance | 890.30 Mn | -349.18 Mn | - | 0.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.10% |
| Mar 31, 2026 | 0.87% |
| Dec 31, 2025 | -0.58% |
| Sep 30, 2025 | 0.46% |
| Jun 30, 2025 | 0.56% |
| Mar 31, 2025 | 0.44% |
| Dec 31, 2024 | 0.25% |
| Sep 30, 2024 | -0.07% |
| Jun 30, 2024 | 0.28% |
| Mar 31, 2024 | -0.11% |
| Dec 31, 2023 | -0.16% |
| Sep 30, 2023 | 1.11% |