Apollo Commercial Real Estate Finance, Inc. (ARI) Earnings History
Elite Compounder17 years of earnings data (2009–2025) · 5-year EPS CAGR exceeds 18% — top-tier earnings quality
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Apollo Commercial Real Estate Finance, Inc. (ARI) Earnings Overview
As of June 21, 2026, Apollo Commercial Real Estate Finance, Inc. (ARI) reported trailing twelve-month net income of $127M, reflecting +183.5% year-over-year growth. The company earned $0.91 per diluted share over the past four quarters, with a net profit margin of 17.8%.
Looking at the long-term picture, ARI's 5-year EPS compound annual growth rate (CAGR) stands at +143.3%, indicating exceptional earnings growth. The company achieved its highest annual net income of $265M in fiscal 2022.
Apollo Commercial Real Estate Finance, Inc. maintains industry-leading profitability with a gross margin of 80.1%, operating margin of 65.4%, and net margin of 17.8%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including BXMT ($104M net income, 7.2% margin), KREF (-$104M net income, -10.3% margin), TRTX ($61M net income, 18.1% margin), ARI has outperformed on profitability metrics. Compare ARI vs BXMT →
ARI Earnings vs Peers
Earnings metrics vs comparable public companies
ARI Historical Earnings Data (2009–2025)
17 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $127M | +205.9% | $464M | $0.81 | 17.8% | 65.4% |
| 2024 | -$120M | -305.8% | $418M | $-0.97 | -17.1% | 59.5% |
| 2023 | $58M | -78.1% | $468M | $0.29 | 7.5% | 60.2% |
| 2022 | $265M | +18.7% | $650M | $1.68 | 41.4% | 101.3% |
| 2021 | $224M | +1116.3% | $414M | $1.46 | 53.1% | 98.4% |
| 2020 | $18M | -92.0% | $139M | $0.01 | 5.4% | 40.5% |
| 2019 | $230M | +4.6% | $208M | $1.40 | 47.1% | 42.6% |
| 2018 | $220M | +14.0% | $366M | $1.48 | 53.2% | 88.5% |
| 2017 | $193M | +22.3% | $178M | $1.51 | 67.0% | 61.9% |
| 2016 | $158M | +52.9% | $157M | $1.71 | 53.2% | 53.1% |
| 2015 | $103M | +24.8% | $103M | $1.52 | 52.4% | 52.5% |
| 2014 | $83M | +57.6% | $87M | $1.71 | 67.1% | 70.5% |
| 2013 | $52M | +30.6% | $52M | $1.26 | 67.9% | 67.9% |
| 2012 | $40M | +55.2% | $40M | $1.64 | 71.2% | 71.2% |
| 2011 | $26M | +135.3% | $26M | $1.35 | 50.7% | 50.6% |
| 2010 | $11M | +606.4% | $11M | $0.87 | 34.4% | 34.4% |
| 2009 | -$2M | - | -$2M | $-0.21 | -365.0% | -376.0% |
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ARI — Frequently Asked Questions
Quick answers to the most common questions about buying ARI stock.
What is ARI earnings per share (EPS)?
ARI trailing twelve-month (TTM) diluted EPS is $0.91, reflecting +183.5% year-over-year growth. The 5-year EPS CAGR is +143.3%. Complete EPS history from 2009 to 2025 is available in the table on this page.
What is Apollo Commercial Real Estate Finance, Inc.'s net income?
Apollo Commercial Real Estate Finance, Inc. (ARI) trailing twelve-month net income is $127M as of 2025. Earnings grew +183.5% year-over-year.
Is ARI profitable?
Yes, ARI is profitable with a TTM net income of $127M and a net profit margin of +17.8%.
What is ARI's earnings growth rate?
ARI compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: -21.6%, 5-Year: +143.3%, 10-Year: -6.1%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2009 to 2025.
What are ARI's profit margins?
Apollo Commercial Real Estate Finance, Inc. net profit margin is +17.8%, operating margin is +65.4%, and gross margin is +80.1%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +6.8%.
Is ARI growing earnings?
Yes, ARI earnings are accelerating — EPS growth of +183.5% exceeds the 5-year CAGR of +143.3%. TTM net income reached $127M. Earnings momentum is strengthening.
What was ARI's best earnings year?
Apollo Commercial Real Estate Finance, Inc.'s highest annual net income on record is $265M, achieved in fiscal year 2022. Earnings history on this page spans 2009 to 2025 and includes all annual and quarterly figures.
What were ARI's earnings last quarter?
ARI's most recent reported quarter was Q1 2026. Net income was $26M with diluted EPS of $0.16. For a full breakdown of all quarters, see the quarterly earnings table on this page.