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Side-by-side financial comparison of Apollo Commercial Real Estate Finance, Inc. (ARI) and Proficient Auto Logistics, Inc (PAL). Click either name above to swap in a different company.

Proficient Auto Logistics, Inc is the larger business by last-quarter revenue ($91.5M vs $73.3M, roughly 1.2× Apollo Commercial Real Estate Finance, Inc.). Apollo Commercial Real Estate Finance, Inc. runs the higher net margin — 39.9% vs -1.5%, a 41.4% gap on every dollar of revenue.

Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust that originates, acquires and manages commercial real estate debt assets including mortgages, mezzanine loans and mortgage-backed securities, primarily operating in the U.S. market to deliver consistent risk-adjusted returns.

Proficient Auto Logistics, Inc. is a specialized automotive sector logistics provider. It offers tailored solutions including finished vehicle transport, auto parts storage and distribution, and supply chain support for automotive industry stakeholders, prioritizing reliable, efficient service delivery.

ARI vs PAL — Head-to-Head

Bigger by revenue
PAL
PAL
1.2× larger
PAL
$91.5M
$73.3M
ARI
Higher net margin
ARI
ARI
41.4% more per $
ARI
39.9%
-1.5%
PAL

Income Statement — Q4 FY2025 vs Q3 FY2024

Metric
ARI
ARI
PAL
PAL
Revenue
$73.3M
$91.5M
Net Profit
$29.2M
$-1.4M
Gross Margin
Operating Margin
39.7%
-2.4%
Net Margin
39.9%
-1.5%
Revenue YoY
4.0%
Net Profit YoY
-28.2%
EPS (diluted)
$0.19
$-0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARI
ARI
PAL
PAL
Q4 25
$73.3M
Q3 25
$61.6M
Q2 25
$70.9M
Q1 25
$65.8M
Q4 24
$70.5M
Q3 24
$71.6M
$91.5M
Q2 24
$81.1M
Q1 24
$80.5M
Net Profit
ARI
ARI
PAL
PAL
Q4 25
$29.2M
Q3 25
$50.8M
Q2 25
$20.7M
Q1 25
$26.0M
Q4 24
$40.7M
Q3 24
$-91.5M
$-1.4M
Q2 24
$35.8M
Q1 24
$-104.5M
Operating Margin
ARI
ARI
PAL
PAL
Q4 25
39.7%
Q3 25
82.8%
Q2 25
29.4%
Q1 25
39.7%
Q4 24
57.9%
Q3 24
-127.8%
-2.4%
Q2 24
44.2%
Q1 24
-129.6%
Net Margin
ARI
ARI
PAL
PAL
Q4 25
39.9%
Q3 25
82.4%
Q2 25
29.3%
Q1 25
39.5%
Q4 24
57.7%
Q3 24
-127.9%
-1.5%
Q2 24
44.1%
Q1 24
-129.8%
EPS (diluted)
ARI
ARI
PAL
PAL
Q4 25
$0.19
Q3 25
$0.34
Q2 25
$0.12
Q1 25
$0.16
Q4 24
$0.25
Q3 24
$-0.69
$-0.05
Q2 24
$0.23
Q1 24
$-0.76

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARI
ARI
PAL
PAL
Cash + ST InvestmentsLiquidity on hand
$139.8M
$16.8M
Total DebtLower is stronger
$64.0M
Stockholders' EquityBook value
$1.9B
$338.5M
Total Assets
$9.9B
$498.2M
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARI
ARI
PAL
PAL
Q4 25
$139.8M
Q3 25
$245.9M
Q2 25
$177.6M
Q1 25
$166.4M
Q4 24
$317.4M
Q3 24
$194.3M
$16.8M
Q2 24
$174.7M
Q1 24
$161.2M
Total Debt
ARI
ARI
PAL
PAL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$64.0M
Q2 24
Q1 24
Stockholders' Equity
ARI
ARI
PAL
PAL
Q4 25
$1.9B
Q3 25
$1.9B
Q2 25
$1.8B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.9B
$338.5M
Q2 24
$2.0B
Q1 24
$2.0B
Total Assets
ARI
ARI
PAL
PAL
Q4 25
$9.9B
Q3 25
$9.5B
Q2 25
$9.8B
Q1 25
$8.8B
Q4 24
$8.4B
Q3 24
$9.1B
$498.2M
Q2 24
$9.3B
Q1 24
$9.2B
Debt / Equity
ARI
ARI
PAL
PAL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.19×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARI
ARI
PAL
PAL
Operating Cash FlowLast quarter
$142.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.88×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARI
ARI
PAL
PAL
Q4 25
$142.5M
Q3 25
$31.7M
Q2 25
$63.2M
Q1 25
$39.3M
Q4 24
$200.3M
Q3 24
$47.2M
Q2 24
$50.2M
Q1 24
$52.8M
Cash Conversion
ARI
ARI
PAL
PAL
Q4 25
4.88×
Q3 25
0.62×
Q2 25
3.05×
Q1 25
1.51×
Q4 24
4.93×
Q3 24
Q2 24
1.40×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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