Apollo Commercial Real Estate Finance Cash Flow Statement
NYSE: ARIReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Apollo Commercial Real Estate Finance free cash flow
In fiscal 2025, Apollo Commercial Real Estate Finance generated $142.5 million of operating cash flow and spent $100.2 million on capital expenditures. That left free cash flow of $42.3 million, a free-cash-flow margin of 15.6% of revenue. Free cash flow was up 37.6% from the prior year's $30.8 million.
Apollo Commercial Real Estate Finance returned $141.3 million to shareholders through dividends, equal to 334% of free cash flow. Free cash flow covered dividend payments 0.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
Apollo Commercial Real Estate Finance cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 126.72M | -119.64M | 58.13M | 265.23M | 223.51M | 18.38M | 230.17M | 219.99M | 193.03M | 157.88M |
| Net Income growth (YoY) | — | -305.82% | -78.08% | +18.66% | +1116.28% | -92.02% | +4.63% | +13.96% | +22.27% | +52.90% |
| Depreciation & Amortization | 11.17M | 11.67M | 8.25M | 704.00K | 2.65M | 0 | 0 | — | — | — |
| Stock-Based Compensation | 13.63M | 16.47M | 17.44M | 18.25M | 17.63M | 16.82M | 15.90M | 8.81M | 10.98M | 4.46M |
| Change in Working Capital | -20.06M | 14.95M | -13.37M | -22.91M | 1.63M | -4.67M | -4.47M | -10.20M | -5.19M | -34.08M |
| Operating Cash Flow | 142.52M | 200.26M | 273.86M | 267.70M | 199.38M | 164.05M | 273.44M | 265.96M | 154.87M | 123.89M |
| Capital Expenditures | -100.21M | -169.51M | -72.63M | -33.03M | -133.00K | 0 | 0 | — | — | — |
| Investing Cash Flow | -1.39B | 577.17M | 68.42M | -1.34B | -1.36B | -215.72M | -1.44B | -998.92M | -720.71M | 1.07B |
| Dividends Paid | -141.28M | -185.95M | -202.02M | -200.57M | -199.65M | -237.75M | -269.23M | -227.22M | -183.88M | -132.21M |
| Share Repurchases | 0 | -40.81M | 0 | 0 | 0 | -127.99M | 0 | 0 | 0 | 0 |
| Debt Issued | — | — | 0 | 0 | 297.00M | 0 | — | — | — | — |
| Debt Repaid | -15.00M | -8.00M | -8.00M | -8.00M | — | — | — | — | — | — |
| Financing Cash Flow | 1.06B | -689.31M | -343.36M | 957.97M | 1.18B | -75.12M | 1.50B | 765.09M | 380.06M | -1.02B |
| Net Change in Cash | -179.77M | 88.12M | -1.08M | -119.35M | 17.61M | -126.78M | 342.48M | 32.13M | -185.78M | 165.91M |
| Free Cash Flow | 42.31M | 30.75M | 201.23M | 234.67M | 199.25M | 164.05M | 273.44M | 265.96M | 154.87M | 123.89M |
This table shows 10 annual periods of Apollo Commercial Real Estate Finance's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow ARI's reporting calendar. What is a cash flow statement?