Company Analysis

Apollo Commercial Real Estate Finance, Inc. (ARI)

NYSE: ARI · Real Estate Investment Trusts · New York, NY · filing with the SEC since 2009
Grade5.2
◀ Past 3.4● Present 5.8▶ Future 5.6

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 10, 2026Feb 10, 2025Feb 6, 2024Feb 8, 2023Feb 8, 2022Feb 10, 2021Feb 13, 2020Feb 13, 2019Feb 14, 2018Feb 28, 2017
Revenue271,589303,671344,591303,640284,510278,678334,482···
For lenders
Interest and dividend income···5,700······
Interest and investment income·······014,598r39,055r
Interest expense on deposits and borrowings460,089503,949466,110270,525······
Net interest income166,692198,982252,172241,578265,593278,678334,482289,292260,464200,617
Provision for credit losses3,229155,78459,428-17,623-34,773125,60020,00020,0005,00015,000
General and administrative27,41029,64929,52029,66228,84526,84924,09720,47020,72524,983
Total operating expenses157,961159,120148,505121,15389,57366,59964,83156,89452,37748,371
Interest expense··466,110270,525162,522148,891152,926114,59778,05763,759
Share of profit of equity-method investments15,41300···00-2,847-96
Income before income taxes127,051-119,24258,569265,232223,515·····
Income tax expense33139444200·····
Income from continuing operations···-52,368-19,923·····
Net income126,720-119,63658,127265,232223,51518,377230,174219,986193,031157,876
Preferred dividends12,27212,27212,27212,27212,96413,54018,52527,34036,76130,295
Net income to common shareholders114,448-131,90845,855252,960210,5514,837211,649192,646156,270127,581
Earnings per share, basic0.81-0.970.291.771.480.011.411.521.541.74
Earnings per share, diluted0.81-0.970.291.681.460.011.401.481.541.74
Earnings per share, basic and diluted········1.541.74
Weighted average shares, basic138,868,602139,674,140141,281,286140,534,635139,869,244148,004,385146,881,231124,147,07399,859,15372,371,374
Weighted average shares, diluted138,868,602139,674,140141,281,286165,504,660168,402,515148,004,385175,794,896153,821,515101,232,61073,305,101
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanAndLeaseLosses
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Interest expense what its borrowing costus-gaap:InterestExpense
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton ARI · research, not advice