Apollo Commercial Real Estate Finance EBITDA | ARI

Earnings before Interest, Taxes, Depreciation, and Amortization (EBITDA), is an often used measure of a company's profitability. Financial analysts use EBITDA for a number of purposes including calculating simple valuations of a firm, estimating cash flows, and assessing debt servicing capability. The uses for EBITDA in financial analysis are numerous, but in practice should be more restrained. While EBITDA has some useful applications, it should be used with caution, as the problems with EBITDA are abundant and can lead to a number of misguided conclusions.^[1]

EBITDA is an important indicator for investors and analysts because it allows them to evaluate a company's operating profit without considering the impact of financial expenses, taxes, or non-cash depreciation and amortization. It provides better comparability between companies in different industries or with different tax conditions.

EBITDA is often used to assess a company's ability to generate cash flow and repay debts. It can also serve as a measure of a company's operational efficiency, as it shows how profitable the core business is, regardless of external factors such as interest or taxes.

However, it is important to note that EBITDA is not an official financial statement measure and can be defined and calculated differently by companies. Therefore, investors and analysts should exercise caution when using EBITDA as an evaluation tool and combine it with other financial metrics and information to get a more complete picture of a company's financial condition.

Annual EBITDA Apollo Commercial Real Estate Finance

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
11.2 M	11.7 M	8.25 M	704 K	2.64 M	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
11.7 M	704 K	6.89 M

Quarterly EBITDA Apollo Commercial Real Estate Finance

2026-Q2	2026-Q1	2025-Q4	2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
2.53 M	3.98 M	-	2.34 M	2.53 M	2.46 M	-	2.34 M	2.29 M	4.66 M	-	1.02 M	2.2 M	3.99 M	-	-	-	704 K	-	1.1 M	452 K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
4.66 M	452 K	2.33 M

References

Brockman, C. M., & Russell, J. W. (2012). EBITDA: use it... or lose it?. International Journal of Business, Accounting and Finance, 6(2), 84-93.

EBITDA of other stocks in the Reit mortgage industry

Issuer	EBITDA	Price	% 24h	Market Cap	Country
Western Asset Mortgage Capital Corporation WMC	-323 M	-	-	$ 554 M	USA
Ladder Capital Corp LADR	32 M	$ 8.83	-1.45 %	$ 1.11 B	USA
Manhattan Bridge Capital LOAN	5.1 M	$ 3.38	1.2 %	$ 38.7 M	USA
Annaly Capital Management NLY	2.69 M	$ 18.72	-1.24 %	$ 12 B	USA
Sachem Capital Corp. SACH	525 K	$ 0.82	-0.71 %	$ 38.5 M	USA
Dynex Capital DX	137 M	$ 10.63	-1.67 %	$ 1.32 B	USA
ARMOUR Residential REIT ARR	-196 M	$ 12.39	-3.52 %	$ 1.16 B	USA
Broadmark Realty Capital BRMK	93 K	-	-0.21 %	$ 635 M	USA
ACRES Commercial Realty Corp. ACR	10.3 M	$ 11.1	-4.72 %	$ 79.1 M	USA
AGNC Investment Corp. AGNC	2.12 B	$ 8.74	-2.13 %	$ 8.91 B	USA
Cherry Hill Mortgage Investment Corporation CHMI	67.8 M	$ 2.29	-2.55 %	$ 78.8 M	USA
Chimera Investment Corporation CIM	4.33 M	$ 6.98	-3.78 %	$ 574 M	USA
MFA Financial MFA	2.2 M	$ 5.92	-5.81 %	$ 613 M	USA
Ready Capital Corporation RC	2.81 M	$ 1.01	-2.4 %	$ 166 M	USA
Capstead Mortgage Corporation CMO	4.99 M	-	2.52 %	$ 634 M	USA
Great Ajax Corp. AJX	7 K	-	-0.66 %	$ 73.3 M	USA
New Residential Investment Corp. NRZ	107 M	-	0.87 %	$ 5.12 B	USA