Is Apollo Commercial Real Estate Finance (ARI) overvalued or fairly valued?

MarketChacha shows Apollo Commercial Real Estate Finance's valuation in context — a trailing P/E of about 8.7, a forward P/E of about 8.9, a price-to-book of about 0.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Apollo Commercial Real Estate Finance's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (9.46×) from reported figures — education, not a rating.

What is Apollo Commercial Real Estate Finance's revenue?

Apollo Commercial Real Estate Finance reported revenue of $271.6M for FY2025, with net profit of $126.7M, per official filings.

What is the share price of Apollo Commercial Real Estate Finance (ARI)?

Apollo Commercial Real Estate Finance last traded at $6.80 (-1.2% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Apollo Commercial Real Estate Finance

ARI · NYSE · Real Estate · United States

$6.80-1.2%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:29 PM

Snapshot

TickerARI

ExchangeNYSE

SectorReal Estate

IndustryREIT - Mortgage

CountryUnited States

HeadquartersNew York, United States

Market cap$890.4M

P/E (TTM)8.7

P/B0.5

Volume1.94M

Websitewww.apollocref.com

Filings tracked8

About Apollo Commercial Real Estate Finance

Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments. The company is qualified as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes, if the company distributes at least 90% of its REIT taxable income to its stockholders. Apollo Commercial Real Estate Finance, Inc. was incorporated in 2009 and is based in New York, New York.

Profile as reported by Yahoo Finance.

Who owns it

Insiders0.7%
Institutions77.3%
Public & other22.0%

369 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.16.20%
Vanguard Portfolio Management LLC6.07%
Vanguard Capital Management LLC4.90%
State Street Corporation4.03%
No Street GP LP2.56%
Geode Capital Management, LLC2.54%
Mirae Asset Global ETFs Holdings Ltd.2.10%
Invesco Ltd.1.66%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

Latest ROE of 6.8% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion9.46×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend16.9% → 46.7%

Margin has expanded by about 29.8 points — the business is getting more profitable.

Return on equity6.8%

Latest ROE of 6.8% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev -11% · PAT 48%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $6.3M · EPS 0.06

Est. earnings growth -74.0%

Next fiscal year

Rev $86.6M · EPS 0.76

Est. earnings growth +65.2%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$6.7552-wk range$11.24

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$890.4M

Day change

-1.2%

P/E (TTM)

8.7

Fwd P/E

8.9

P/B

0.5

Div yield

14.53%

Beta

1.41

Revenue (FY2025)

$271.6M

Net margin

46.7%

ROE

6.8%

Revenue CAGR (2y)

-11.2%

Profit CAGR (2y)

+47.7%

EPS (FY2025)

0.81

Net profit (FY2025)

$126.7M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about ARI

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$271.6M	$126.7M	0.81	46.7%	6.8%
FY2024	$303.7M	$-119.6M	-0.97	-39.4%	-6.4%
FY2023	$344.6M	$58.1M	0.29	16.9%	2.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$58.6M	$26.2M	0.16	44.7%
2025Q3	$61.6M	$50.8M*	0.34	—
2025Q2	$70.9M	$20.7M	0.12	29.3%
2025Q1	$65.8M	$26.0M	0.16	39.5%
2024Q3	$71.6M	$-91.5M	-0.69	-127.9%
2024Q2	$81.1M	$35.8M	0.23	44.1%
2024Q1	$80.5M	$-104.5M	-0.76	-129.8%
2023Q3	$81.2M	$46.1M	0.30	56.8%
2023Q2	$92.2M	$-83.4M	-0.62	-90.5%
2023Q1	$87.1M	$48.9M	0.32	56.1%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Shareholder vote results
SEC7/13/2026material
8-K — Other events, Exhibits
SEC6/16/2026material
8-K — Executive/director change
SEC5/15/2026material
10-K/A filing
SEC4/30/2026
8-K — Results of operations, Exhibits
SEC4/29/2026material
10-Q filing
SEC4/28/2026
8-K — Material agreement, Termination of agreement, Completion of acquisition/disposition, Reg FD disclosure, Exhibits
SEC4/24/2026material
8-K — Shareholder vote results
SEC4/22/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.