Financials in USD. Standardized financial statements.
A compact view of how Apollo Commercial Real Estate Finance, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $710.49M | $701.53M | $777.00M | $641.34M | $421.23M | $342.84M | $489.05M | $413.60M | $288.17M | $296.76M |
| Revenue Growth? | +1.3% | -9.7% | +21.2% | +52.3% | +22.9% | -29.9% | +18.2% | +43.5% | -2.9% | 0.0% |
| Cost of Revenue? | $141.72M | $141.14M | $127.23M | $92.19M | $63.37M | $39.75M | $40.73M | $36.42M | $31.65M | $23.39M |
| Gross Profit? | $568.76M | $560.39M | $649.77M | $549.15M | $357.85M | $303.09M | $448.31M | $377.18M | $256.52M | $273.37M |
| Gross Margin? | +80.1% | +79.9% | +83.6% | +85.6% | +85.0% | +88.4% | +91.7% | +91.2% | +89.0% | +92.1% |
| Operating Expenses? | $104.39M | $142.71M | $182.23M | -$100.52M | -$56.60M | $164.34M | $240.07M | $11.13M | $78.14M | $115.88M |
| Operating Income? | $464.37M | $417.69M | $467.54M | $649.66M | $414.45M | $138.75M | $208.24M | $366.05M | $178.38M | $157.49M |
| EBITDA? | $598.31M | $396.38M | $532.93M | $536.46M | $388.68M | $167.27M | $383.10M | $334.58M | $271.09M | $221.63M |
| Income Before Tax | $127.05M | -$119.24M | $58.57M | $265.23M | $223.51M | $18.38M | $230.17M | $219.99M | $193.03M | $157.88M |
| Income Tax Expense | $331,000 | $394,000 | $442,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income? | $126.72M | -$119.64M | $58.13M | $265.23M | $223.51M | $18.38M | $230.17M | $219.99M | $193.03M | $157.88M |
| EPS? | $0.81 | $-0.97 | $0.29 | $1.77 | $1.48 | $0.01 | $1.41 | $1.52 | $1.54 | $1.73 |
| Diluted EPS? | $0.81 | $-0.97 | $0.29 | $1.68 | $1.46 | $0.01 | $1.40 | $1.48 | $1.51 | $1.71 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality