Apollo Commercial Real Estate Finance, Inc. (ARI) Return on equity 2019–2025
Apollo Commercial Real Estate Finance, Inc. (ARI) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
6.8%FY2025 · since FY2019: 8.8% → 6.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 6.8% | +13.2 pp |
| FY2024 | -6.4% | -9.0 pp |
| FY2023 | 2.6% | -8.6 pp |
| FY2022 | 11.3% | +1.5 pp |
| FY2021 | 9.7% | +8.9 pp |
| FY2020 | 0.8% | -7.9 pp |
| FY2019 | 8.8% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice