Apollo Commercial Real Estate Finance (ARI) Total Non-Current Liabilities (2010 - 2026)
Apollo Commercial Real Estate Finance (ARI) recorded Total Non-Current Liabilities of $881.44 million in Q2 2026, down 88.9% from $7.91 billion a year earlier and down 89.3% from the prior quarter.
Apollo Commercial Real Estate Finance (ARI) Total Non-Current Liabilities (2010 - 2026) Analysis & Trends
At the end of FY2025, Apollo Commercial Real Estate Finance reported Total Non-Current Liabilities of $8.02 billion, up 22.7% from FY2024.
- Annual Total Non-Current Liabilities has a five-year compound annual growth rate of 11.6% (FY2020 to FY2025).
- Across earlier years, Total Non-Current Liabilities came in at $6.54 billion in FY2024 (-7.8%), $7.09 billion in FY2023 (-1.6%), $7.2 billion in FY2022 (+17.7%) and $6.12 billion in FY2021 (+32.0%).
- The Q2 2026 figure is the lowest quarterly Total Non-Current Liabilities since Q2 2014.
- On a year-over-year basis, Total Non-Current Liabilities rose in five of the last eight quarters, with an average decline of 4.9%.
- Peak year-over-year performance for Total Non-Current Liabilities in the last five years was growth of 32.0% in Q4 2021, against a decline of 88.9% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $8.28 billion (Q1 2026), $8.02 billion (Q4 2025) and $7.63 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 77.86 Bn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 9.32 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 4,200.68 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 10.25 Bn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 105.01 Bn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 1.76 Bn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 126.51 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 16.51 Bn |
| 10 | Apollo Commercial Real Estate Finance | 801.33 Mn | -950.68 Mn | - | 881.44 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 881.44 Mn |
| Mar 31, 2026 | 8.28 Bn |
| Dec 31, 2025 | 8.02 Bn |
| Sep 30, 2025 | 7.63 Bn |
| Jun 30, 2025 | 7.91 Bn |
| Mar 31, 2025 | 6.91 Bn |
| Dec 31, 2024 | 6.54 Bn |
| Sep 30, 2024 | 7.22 Bn |
| Jun 30, 2024 | 7.27 Bn |
| Mar 31, 2024 | 7.17 Bn |
| Dec 31, 2023 | 7.09 Bn |
| Sep 30, 2023 | 6.94 Bn |
| Jun 30, 2023 | 7.14 Bn |
| Dec 31, 2022 | 7.20 Bn |
| Dec 31, 2021 | 6.12 Bn |
| Sep 30, 2021 | 5.41 Bn |
| Jun 30, 2021 | 5.64 Bn |
| Mar 31, 2021 | 4.93 Bn |
| Dec 31, 2020 | 4.64 Bn |
| Sep 30, 2020 | 4.61 Bn |
Apollo Commercial Real Estate Finance Total Non-Current Liabilities 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=total-non-current-liabilities&ticker=ARI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "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=total-non-current-liabilities&ticker=ARI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();