Apollo Commercial Real Estate Finance
Apollo Commercial Real Estate Finance’s revenue for fiscal 2025 (year ended December 2025) was $271.6 million, down 10.6% from fiscal 2024. In the quarter to June 2026, revenue fell 37.4%, EPS fell 8.33%, free cash flow fell 20.1% and total debt fell 2.04%, each against the same quarter a year earlier.
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Apollo Commercial Real Estate Finance (ARI) EV/Sales
As of 16 October 2026, Apollo Commercial Real Estate Finance (ARI) trades at a EV/Sales of 3.4×. Over the past ten years it has ranged from 3.4× (October 2026) to 32.7× (January 2026); the current reading is higher than 1% of that period. That is below the Reit Mortgage industry median of 15.9× and below the Real Estate sector median of 7.6×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 32.0× | 353.85% |
| FY2024 | 7.1× | (9.06%) |
| FY2023 | 7.8× | (15.70%) |
| FY2022 | 9.2× | (21.35%) |
| FY2021 | 11.7× | 37.23% |
| FY2020 | 8.5× | (13.12%) |
| FY2019 | 9.8× | 11.35% |
| FY2018 | 8.8× | (1.73%) |
| FY2017 | 9.0× | 145.56% |
| FY2016 | 3.7× | (63.48%) |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 5.8× | (40.06%) |
| Mar 2026 | 9.7× | (69.69%) |
| Dec 2025 | 32.0× | 260.62% |
| Sep 2025 | 8.9× | 3.42% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| ORC Orchid Island Capital, Inc. compare | 1.5× |
| ARI Apollo Commercial Real Estate Finance | 3.4× |
| ABR Arbor Realty Trust compare | 4.4× |
| MFA MFA Financial, Inc. compare | 15.7× |
| CIM Chimera Investment Corporation compare | 15.8× |
| PMT PennyMac Mortgage Investment Trust compare | 16.9× |
| ADAM Adamas Trust, Inc. compare | 17.0× |
| IVR INVESCO MORTGAGE CAPITAL INC compare | 22.9× |
| LADR Ladder Capital Corp compare | 53.1× |
| Reit Mortgage industry median | 15.9× |
| Real Estate sector median | 7.6× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)