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Apollo Commercial Real Estate Finance, Inc. (ARI) Fundamental Analysis & AI Grade 2026

ARI NYSE Real Estate Investment Trusts MD CIK: 0001467760
Update Pending • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
76% Confidence
AGREEMENT
C
80% Conf
B
72% Conf

📊 ARI Key Takeaways

Revenue: $58.6M
Net Margin: 44.7%
Free Cash Flow: $12.6M
Current Ratio: N/A
Debt/Equity: 0.43x
EPS: $0.16
AI Grade: C with 80% confidence
Apollo Commercial Real Estate Finance, Inc. (ARI) receives a C fundamental grade with 76% confidence from our AI analysis based on SEC 10-K filings. With revenue of $58.6M, net profit margin of 44.7%, and return on equity (ROE) of 1.4%, Apollo Commercial Real Estate Finance, Inc. demonstrates mixed fundamentals in the Real Estate sector. Below is our complete ARI stock analysis for 2026.

Is Apollo Commercial Real Estate Finance, Inc. (ARI) a Good Investment?

Claude

Apollo demonstrates strong revenue growth of 62.9% YoY and exceptional operating margins at 45.1%, but is severely hampered by critically unsustainable debt metrics. Interest coverage of 0.1x indicates the company cannot service debt obligations from operations, while the sharp divergence between revenue growth and net income growth (10.7%) suggests deteriorating asset quality or rising funding costs.

ChatGPT

Apollo Commercial Real Estate Finance shows a meaningful rebound in top-line growth, strong operating profitability, and solid operating cash generation, which supports a more stable near-term fundamental outlook. However, weak interest coverage, modest returns on assets and equity, and limited cash relative to a large balance sheet keep the overall profile balanced rather than clearly strong.

Apollo Commercial Real Estate Finance, Inc. Key Strengths (ARI)

Claude
  • + Strong revenue growth of 62.9% year-over-year demonstrates active market participation
  • + Excellent operating margin of 45.1% shows effective cost management at operational level
  • + Positive free cash flow generation of $12.6M with 21.4% FCF margin indicates operational liquidity
ChatGPT
  • + Revenue grew 62.9% year over year while net income increased 10.7%, showing improving earnings momentum
  • + Operating margin of 46.8% and net margin of 46.7% indicate strong profitability conversion
  • + Operating cash flow and free cash flow of $142.52M suggest earnings are supported by real cash generation

ARI Stock Risks: Apollo Commercial Real Estate Finance, Inc. Investment Risks

Claude
  • ! Critically low interest coverage ratio of 0.1x indicates inability to service debt from operations - fundamental solvency concern
  • ! Extremely poor returns on capital (ROE 1.4%, ROA 0.3%) despite significant leverage suggest capital is not efficiently deployed
  • ! Massive divergence between revenue growth (62.9%) and net income growth (10.7%) indicates margin compression or rising funding costs
ChatGPT
  • ! Interest coverage of 0.5x indicates weak ability to cover interest expense from operating earnings
  • ! ROE of 6.8% and ROA of 1.3% remain modest for the size of the asset base
  • ! Cash of $139.82M is relatively limited compared with $8.04B of liabilities, reducing liquidity flexibility under stress

Key Metrics to Watch

Claude
  • * Interest coverage ratio - critical indicator of debt service sustainability
  • * Net interest margin and funding cost trends - will determine future profitability trajectory
  • * Liquidity ratio of cash ($126.8M) to debt obligations ($773.4M) - current position is dangerously tight
ChatGPT
  • * Interest coverage trend
  • * Net income and operating cash flow consistency

Apollo Commercial Real Estate Finance, Inc. (ARI) Financial Metrics & Key Ratios

Revenue
$58.6M
Net Income
$26.2M
EPS (Diluted)
$0.16
Free Cash Flow
$12.6M
Total Assets
$10.1B
Cash Position
$126.8M

💡 AI Analyst Insight

The 21.4% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

ARI Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 45.1%
Net Margin 44.7%
ROE 1.4%
ROA 0.3%
FCF Margin 21.4%

ARI vs Real Estate Sector: How Apollo Commercial Real Estate Finance, Inc. Compares

How Apollo Commercial Real Estate Finance, Inc. compares to Real Estate sector averages

Net Margin
ARI 44.7%
vs
Sector Avg 20.0%
ARI Sector
ROE
ARI 1.4%
vs
Sector Avg 8.0%
ARI Sector
Current Ratio
ARI 0.0x
vs
Sector Avg 1.5x
ARI Sector
Debt/Equity
ARI 0.4x
vs
Sector Avg 1.5x
ARI Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Apollo Commercial Real Estate Finance, Inc. Stock Overvalued? ARI Valuation Analysis 2026

Based on fundamental analysis, Apollo Commercial Real Estate Finance, Inc. has mixed fundamental signals relative to the Real Estate sector in 2026.

Return on Equity
1.4%
Sector avg: 8%
Net Profit Margin
44.7%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.43x
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Apollo Commercial Real Estate Finance, Inc. Balance Sheet: ARI Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.43x
Debt/Assets
82.0%
Interest Coverage
0.10x
Long-term Debt
$773.4M

ARI Revenue & Earnings Growth: 5-Year Financial Trend

ARI 5-year financial data: Year 2021: Revenue $334.5M, Net Income $230.2M, EPS $1.40. Year 2022: Revenue $303.6M, Net Income $18.4M, EPS $0.01. Year 2023: Revenue $344.6M, Net Income $223.5M, EPS $1.46. Year 2024: Revenue $344.6M, Net Income $265.2M, EPS $1.68. Year 2025: Revenue $344.6M, Net Income $58.1M, EPS $0.29.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Apollo Commercial Real Estate Finance, Inc.'s revenue has shown modest growth of 3% over the 5-year period. The most recent EPS of $0.29 reflects profitable operations.

ARI Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
21.4%
Free cash flow / Revenue

ARI Quarterly Earnings & Performance

Quarterly financial performance data for Apollo Commercial Real Estate Finance, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $58.6M $26.0M $0.16
Q3 2025 $61.6M $20.7M $0.34
Q2 2025 $70.9M $20.7M $0.12
Q1 2025 $65.8M $26.0M $0.16
Q3 2024 $71.6M $11.6M $0.00
Q2 2024 $81.1M -$34.5M $0.23
Q1 2024 $80.5M $48.9M $0.32
Q3 2023 $76.3M $11.6M $0.00

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Apollo Commercial Real Estate Finance, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$12.6M
Cash generated from operations
Stock Buybacks
$30.3M
Shares repurchased (TTM)
Dividends Paid
$35.6M
Returned to shareholders

ARI SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Apollo Commercial Real Estate Finance, Inc. (CIK: 0001467760)

📋 Recent SEC Filings

Date Form Document Action
May 29, 2026 DEF 14A d44500ddef14a.htm View →
May 15, 2026 4 xslF345X06/ownership.xml View →
May 15, 2026 8-K d147670d8k.htm View →
Apr 30, 2026 10-K/A d147922d10ka.htm View →
Apr 29, 2026 8-K d300599d8k.htm View →

Frequently Asked Questions about ARI

What is the AI rating for ARI?

Apollo Commercial Real Estate Finance, Inc. (ARI) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ARI's key strengths?

Claude: Strong revenue growth of 62.9% year-over-year demonstrates active market participation. Excellent operating margin of 45.1% shows effective cost management at operational level. ChatGPT: Revenue grew 62.9% year over year while net income increased 10.7%, showing improving earnings momentum. Operating margin of 46.8% and net margin of 46.7% indicate strong profitability conversion.

What are the risks of investing in ARI?

Claude: Critically low interest coverage ratio of 0.1x indicates inability to service debt from operations - fundamental solvency concern. Extremely poor returns on capital (ROE 1.4%, ROA 0.3%) despite significant leverage suggest capital is not efficiently deployed. ChatGPT: Interest coverage of 0.5x indicates weak ability to cover interest expense from operating earnings. ROE of 6.8% and ROA of 1.3% remain modest for the size of the asset base.

What is ARI's revenue and growth?

Apollo Commercial Real Estate Finance, Inc. reported revenue of $58.6M.

Does ARI pay dividends?

Apollo Commercial Real Estate Finance, Inc. pays dividends, with $35.6M distributed to shareholders in the trailing twelve months.

Where can I find ARI SEC filings?

Official SEC filings for Apollo Commercial Real Estate Finance, Inc. (CIK: 0001467760) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ARI's EPS?

Apollo Commercial Real Estate Finance, Inc. has a diluted EPS of $0.16.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is ARI's fundamental grade?

Based on our AI fundamental analysis in June 2026, Apollo Commercial Real Estate Finance, Inc. has a C grade with 76% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is ARI stock overvalued or undervalued?

Valuation metrics for ARI: ROE of 1.4% (sector avg: 8%), net margin of 44.7% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

What is ARI's AI grade for 2026?

Our dual AI analysis gives Apollo Commercial Real Estate Finance, Inc. a combined C grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is ARI's free cash flow?

Apollo Commercial Real Estate Finance, Inc.'s operating cash flow is $12.6M, with capital expenditures of N/A. FCF margin is 21.4%.

How does ARI compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin 44.7% (avg: 20%), ROE 1.4% (avg: 8%), current ratio N/A (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI