Apollo Commercial Real Estate Finance, Inc. (ARI)

ARI Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	662.91	702.93	718.28	512.1	428.12	427.57
Total Interest Expense	481.12	503.95	466.11	270.53	162.52	188.27
Net Interest Income	181.79	198.98	252.17	241.58	265.59	239.3
Other Revenue	107.16	104.69	92.42	62.06	18.92	-
Revenue Before Loan Losses	288.95	303.67	344.59	303.64	284.51	239.3
Provision for Loan Losses	12.11	155.78	59.43	-17.62	-34.77	125.6
Revenue	276.84	147.89	285.16	321.26	319.28	113.7
Revenue Growth (YoY)	104.63%	-48.14%	-11.24%	0.62%	180.82%	-62.10%
Salaries & Employee Benefits	15.71	16.47	17.44	18.25	17.63	16.82
Cost of Services Provided	131.04	130.98	122.81	102.2	69.3	49.78
Other Operating Expenses	-	-	-	-	0.55	-
Total Operating Expenses	156.22	159.12	148.51	121.15	90.12	66.6
Operating Income	120.63	-11.23	136.66	200.11	229.16	47.1
Earnings From Equity Investments	-0.7	-	-	-	-	-
Currency Exchange Gain (Loss)	12.87	15.11	3.82	30.58	9.99	17.17
EBT Excluding Unusual Items	138.79	8.95	144.68	246.55	244.28	66.01
Gain (Loss) on Sale of Investments	-128.19	-128.19	-86.6	18.68	-20.77	-47.63
Other Unusual Items	-	-	0.5	-	-	-
Pretax Income	11.28	-119.24	58.57	265.23	223.52	18.38
Income Tax Expense	0.4	0.39	0.44	-	-	-
Net Income	10.88	-119.64	58.13	265.23	223.52	18.38
Preferred Dividends & Other Adjustments	15.2	15.52	16.63	16.4	16.84	16.97
Net Income to Common	-4.32	-135.16	41.5	248.83	206.67	1.41
Net Income Growth	-	-	-78.08%	18.66%	1116.28%	-92.02%
Shares Outstanding (Basic)	139	140	141	141	140	148
Shares Outstanding (Diluted)	139	140	141	166	168	148
Shares Change (YoY)	-1.85%	-1.14%	-14.64%	-1.72%	13.78%	-15.81%
EPS (Basic)	-0.03	-0.97	0.29	1.77	1.48	0.01
EPS (Diluted)	-0.04	-0.97	0.29	1.68	1.46	0.01
EPS Growth	-	-	-82.76%	15.33%	15251.49%	-99.32%
Dividend Per Share	1.100	1.200	1.400	1.400	1.400	1.450
Dividend Growth	-21.43%	-14.29%	-	-	-3.45%	-21.20%
Operating Margin	43.57%	-7.60%	47.92%	62.29%	71.77%	41.42%
Profit Margin	-1.56%	-91.39%	14.55%	77.45%	64.73%	1.24%
Effective Tax Rate	3.51%	-	0.76%	-	-	-

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q