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) P/E ratio
As of 16 October 2026, Apollo Commercial Real Estate Finance (ARI) trades at a P/E ratio of 8.0×. Over the past ten years it has ranged from 0.0× (September 2025) to 299× (March 2021); the current reading is higher than 20% of that period. That is above the Reit Mortgage industry median of 7.1× and below the Real Estate sector median of 21.6×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 12.1× | — |
| FY2024 | 0.0× | — |
| FY2023 | 38.8× | 531.21% |
| FY2022 | 6.1× | (31.34%) |
| FY2021 | 9.0× | (95.99%) |
| FY2020 | 223× | 1,646.65% |
| FY2019 | 12.8× | 17.46% |
| FY2018 | 10.9× | (7.87%) |
| FY2017 | 11.8× | 16.73% |
| FY2016 | 10.1× | (7.73%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 13.4× | 2.40% |
| Mar 2026 | 13.0× | 7.74% |
| Dec 2025 | 12.1× | 6.31% |
| Sep 2025 | 11.4× | — |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| CIM Chimera Investment Corporation compare | n/m |
| ORC Orchid Island Capital, Inc. compare | 3.4× |
| IVR INVESCO MORTGAGE CAPITAL INC compare | 3.7× |
| ADAM Adamas Trust, Inc. compare | 4.5× |
| PMT PennyMac Mortgage Investment Trust compare | 4.9× |
| MFA MFA Financial, Inc. compare | 6.5× |
| ARI Apollo Commercial Real Estate Finance | 8.0× |
| LADR Ladder Capital Corp compare | 21.7× |
| ABR Arbor Realty Trust compare | 38.6× |
| Reit Mortgage industry median | 7.1× |
| Real Estate sector median | 21.6× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)