← Apollo Commercial Real Estate Finance, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $157.9m |
$193.0m
+22.27%
|
$220.0m
+13.96%
|
$230.2m
+4.63%
|
$18.4m
-92.02%
|
$223.5m
+1116.28%
|
$265.2m
+18.66%
|
$58.1m
-78.08%
|
($119.6m)
-305.82%
|
$126.7m
+205.92%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $127.6m |
$156.3m
+22.49%
|
$192.6m
+23.28%
|
$211.6m
+9.86%
|
$4.8m
-97.71%
|
$210.6m
+4252.93%
|
$253.0m
+20.14%
|
$45.9m
-81.87%
|
($131.9m)
-387.66%
|
$114.4m
+186.76%
|
— | |
| Depreciation, Depletion and Amortization | — | — | — | — | — | $2.6m | $704k | $8.2m | $11.7m | $11.2m | $12.7m | |
| Amortization of Debt Issuance Costs | $4.6m | $6.7m | $11.2m | $12.0m | $12.9m | $13.7m | $12.0m | $16.0m | $17.4m | $17.2m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $704k | $8.2m | $11.7m | $11.2m | $12.7m | |
| Share-based Payment Arrangement, Noncash Expense | $4.5m | $11.0m | $8.8m | $15.9m | $16.8m | $17.6m | $18.3m | $17.4m | $16.5m | $13.6m | $13.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $4.3m | $7.0m | $6.9m | $7.5m | $5.0m | — | |
| Share-based Payment Arrangement, Expense | $7.1m | $13.3m | $13.6m | $15.9m | $16.8m | $17.6m | $18.3m | $17.4m | $16.5m | $13.6m | $13.2m | |
| Income (Loss) from Equity Method Investments | ($96k) | ($2.8m) | $0 | $0 | — | — | — | $0 | $0 | $15.4m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $0 | $0 | $0 | ($15.4m) | $0 | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($10.5m) | ($14.3m) | ($61.4m) | ($12.3m) | ($2.8m) | |
| Increase (Decrease) in Other Operating Assets | ($2.2m) | $1.4m | $10.2m | $4.9m | $4.7m | ($1.6m) | $22.9m | $13.4m | ($15.0m) | $20.1m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($22.9m) | ($13.4m) | $15.0m | ($20.1m) | $21.3m | |
| Net Cash Provided by (Used in) Operating Activities | $118.9m |
$154.9m
+30.28%
|
$266.0m
+71.73%
|
$273.4m
+2.81%
|
$164.1m
-40.00%
|
$199.4m
+21.54%
|
$267.7m
+34.27%
|
$273.9m
+2.30%
|
$200.3m
-26.88%
|
$142.5m
-28.83%
|
$115.8m
-18.77%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($33.0m) | ($72.6m) | ($169.5m) | ($100.2m) | ($88.2m) | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | — | — | ($86.6m) | ($700k) | — | — | |
| Gain (Loss) on Investments | — | — | — | ($12.5m) | ($47.6m) | — | — | — | — | — | $7.0m | |
| Unrealized Gain (Loss) on Investments | — | — | $0 | $0 | — | — | — | — | — | — | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | $117.2m | ($112.2m) | $120.5m | ($41.9m) | $48.7m | |
| Net Cash Provided by (Used in) Investing Activities | $1.0b | ($720.7m) | ($998.9m) | ($1.4b) | ($215.7m) | ($1.4b) | ($1.3b) | $68.4m | $577.2m | ($1.4b) | ($1.2b) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | ($1.9m) | ($2.6m) | $0 | $0 | $0 | $0 | $495k | $0 | $0 | — | |
| Issuance Of Debt | — | — | — | — | — | — | $2.8b | $806.8m | $2.0b | $3.8b | $3.9b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $2.8b | $806.8m | $2.0b | $3.8b | $3.9b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.8b) | ($916.8m) | ($2.6b) | ($2.6b) | ($2.8b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $1.0b | ($110.0m) | ($594.8m) | $1.2b | $1.1b | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $1.0b | ($110.0m) | ($594.8m) | $1.2b | $1.1b | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.8b) | ($916.8m) | ($2.6b) | ($2.6b) | ($2.8b) | |
| Payments for Repurchase of Common Stock | $0 | $0 | $0 | $0 | $128.0m | $0 | $0 | $0 | $40.8m | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | $132.2m | $183.9m | $227.2m | $269.2m | $237.8m | $199.6m | $200.6m | $202.0m | $185.9m | $141.3m | ($153.7m) | |
| Proceeds from Issuance of Common Stock | $178.2m | $279.8m | $275.9m | $315.2m | $0 | $0 | — | — | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($200.6m) | ($202.0m) | ($185.9m) | ($141.3m) | ($141.5m) | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($40.8m) | $0 | ($30.3m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | ($40.8m) | $0 | ($30.3m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($40.8m) | $0 | ($30.3m) | |
| Dividends Payable | $51.3m | $56.6m | $69.0m | $74.8m | $52.8m | $52.8m | $53.7m | $53.4m | $38.5m | $38.7m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($212.8m) | ($214.3m) | ($198.2m) | ($153.5m) | ($153.7m) | |
| Dividends Received CFI | — | — | — | — | — | — | $0 | $0 | $9.0m | $18.1m | $18.1m | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($12.3m) | ($12.3m) | ($12.3m) | ($12.3m) | ($12.3m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | ($5.0m) | ($6.5m) | ($4.3m) | ($7.0m) | — | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | $141.4m | ($19.1m) | $144.5m | $64.7m | $55.5m | |
| Net Cash Provided by (Used in) Financing Activities | ($1.0b) |
$380.1m
+137.10%
|
$765.1m
+101.31%
|
$1.5b
+96.60%
|
($75.1m)
-104.99%
|
$1.2b
+1664.50%
|
$958.0m
-18.48%
|
($343.4m)
-135.84%
|
($689.3m)
-100.75%
|
$1.1b
+254.50%
|
$999.4m
-6.15%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($185.8m) | $32.1m | $342.5m | ($126.8m) | $17.6m | ($119.4m) | ($1.1m) | $88.1m | ($179.8m) | $125.3m | |
| Beginning Cash Position | — | — | — | — | — | — | $343.1m | $222.0m | $225.4m | $317.4m | $166.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $77.7m | $109.8m | $452.3m | $325.5m | $343.1m | $222.0m | $225.4m | $317.4m | $139.8m | $125.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | ($1.7m) | ($614k) | $3.3m | $2.2m | $1.5m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($1.7m) | ($614k) | $3.3m | $2.2m | $1.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | $4.0m | $14.3m | $15.3m | $13.7m | $11.1m | $24.0m | $16.5m | $12.2m | $10.9m | $22.8m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $52.7m | $55.8m | $97.9m | $133.5m | $129.8m | $137.7m | $246.4m | $443.6m | $495.5m | $455.7m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | ($289k) | $0 | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($29.3m) | $18.5m | ($30.3m) | $19.8m | $26.9m | ($31.7m) | ($116.4m) | $52.0m | ($37.5m) | $99.5m | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($28.8m) | $18.6m | ($29.6m) | ($3.8m) | $182k | ($31.1m) | ($97.3m) | $40.9m | ($110.4m) | $99.1m | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | $28.8m | $23.6m | ($51.0m) | $3.8m | ($182k) | $31.1m | $97.3m | ($40.9m) | $110.4m | ($99.1m) | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | $31.2m | ($19.2m) | $39.1m | ($14.4m) | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Derivatives | — | — | — | $0 | ($39.2m) | — | $147.0m | — | — | — | — | |
| General and Administrative Expense | $25.0m | $20.7m | $20.5m | $24.1m | $26.8m | $28.8m | $29.7m | $29.5m | $29.6m | $27.4m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | ($19.9m) | ($52.4m) | — | — | — | — | |
| Income Tax Expense (Benefit) | — | — | — | — | — | — | — | $442k | $394k | $331k | — | |
| Investment Income, Interest | $27.6m | $10.5m | $0 | — | — | — | — | — | — | — | — | |
| Operating Expenses | $48.4m | $52.4m | $56.9m | $64.8m | $66.6m | $89.6m | $121.2m | $148.5m | $159.1m | $158.0m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $125.6m | ($34.8m) | ($17.6m) | $59.4m | $155.8m | $3.2m | — | |
| Unrealized Gain (Loss) on Derivatives | $2.6m | ($11.5m) | $29.3m | ($43.0m) | ($11.9m) | $48.0m | $111.9m | $101.5m | ($28.3m) | $84.9m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $958.0m | ($343.4m) | ($689.3m) | $1.1b | $999.4m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.3b) | $68.4m | $577.2m | ($1.4b) | ($1.2b) | |
| Change In Account Payable | — | — | — | — | — | — | $12.5m | ($769k) | ($75.5m) | $7.9m | ($23.7m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($119.4m) | $4.0m | $88.7m | ($179.8m) | — | |
| Change In Payable | — | — | — | — | — | — | $12.5m | ($944k) | ($76.3m) | $7.7m | ($23.7m) | |
| Changes In Cash | — | — | — | — | — | — | ($119.4m) | $4.0m | $88.7m | ($179.8m) | ($41.1m) | |
| End Cash Position | — | — | — | — | — | — | $222.0m | $225.4m | $317.4m | $139.8m | $125.3m | |
| Financing Cash Flow | — | — | — | — | — | — | $958.0m |
($343.4m)
-135.84%
|
($689.3m)
-100.75%
|
$1.1b
+254.50%
|
$999.4m
-6.15%
|
|
| Free Cash Flow | — | — | — | — | — | — | $234.7m | $201.2m | $30.8m | $42.3m | $27.6m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($18.7m) | $86.6m | $128.2m | $7.4m | $7.0m | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | — | $0 | $795k | $34k | $194k | $148k | |
| Interest Received CFO | — | — | — | — | — | — | $83.7m | $15.4m | $0 | $39.1m | $39.1m | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.3b) | $68.4m | $577.2m | ($1.4b) | ($1.2b) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | ($6.8m) | $50.5m | $80.7m | ($14.6m) | ($40.7m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | — | $0 | $0 | ($6.0m) | ($3.7m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($33.2m) | $146.7m | $210.3m | ($22.2m) | ($48.8m) | |
| Other Cash Adjustment Inside Changein Cash | — | — | — | — | — | — | ($5.7m) | $5.1m | $577k | $0 | — | |
| Purchase Of Investment | — | — | — | — | — | — | — | $0 | $0 | ($6.0m) | ($3.7m) | |
| Stock Based Compensation | — | — | — | — | — | — | $18.3m | $17.4m | $16.5m | $13.6m | $13.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.