Ares Commercial Real Estate Corp
Ares Commercial Real Estate Corp
Ares Commercial Real Estate Corp (ACRE) — SEC Financial Statements & Analysis
Ares Commercial Real Estate Corp (ACRE) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Related Party | - | - | - | - | - | - | - | - | - | 3 | -1 | 5 | |||||
Cash And Cash Equivalents At Carrying Value | 86 | 29 | 85 | 90 | 125 | 64 | 69 | 71 | 100 | 110 | 61 | 143 | |||||
Restricted Cash And Cash Equivalents | 48 | 38 | 39 | 4 | 4 | 2 | 3 | 0 | 0 | 0 | 0 | - | |||||
Mortgage Loans On Real Estate Commercial And Consu… | 1,629 | 1,529 | 1,231 | 1,301 | 1,355 | 1,657 | 1,813 | 1,973 | 2,015 | 2,127 | 2,180 | 2,228 | |||||
Allowance For Doubtful Accounts Receivable Current | -137 | -126 | -115 | -118 | -131 | -136 | -144 | -137 | -140 | -160 | -112 | -108 | |||||
Mortgages Held For Sale Fair Value Disclosure | - | - | - | - | - | 0 | 0 | 21 | 0 | 39 | - | - | |||||
Debt Securities Available For Sale Amortized Cost … | - | 0 | 0 | 8 | 9 | 9 | 27 | 28 | 28 | 28 | 28 | 28 | |||||
Loans Receivable Held For Sale Amount | 61 | - | - | - | - | - | - | - | - | - | - | - | |||||
Real Estate Investments Other | 77 | 130 | 134 | 135 | 137 | 139 | - | - | - | 83 | - | - | |||||
Real Estate Heldforsale | 53 | - | - | - | - | - | 15 | 15 | - | - | - | - | |||||
Other Assets | 19 | 18 | 18 | 18 | 21 | 17 | 17 | 19 | 26 | 52 | 122 | 109 | |||||
Assets | 1,836 | 1,618 | 1,392 | 1,439 | 1,520 | 1,751 | 1,941 | 2,070 | 2,111 | 2,280 | 2,363 | 2,400 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities | |||||||||||||||||
Line Of Credit | 1,182 | 858 | 593 | 642 | 674 | 588 | 641 | 626 | 630 | 640 | 655 | 681 | |||||
Other Long Term Debt | 90 | 89 | 99 | 109 | 118 | 128 | 128 | 137 | 149 | 149 | 149 | 149 | |||||
Notes Payable | - | - | - | - | - | 0 | 0 | 105 | 105 | 105 | 105 | 105 | |||||
Accounts Payable Current And Noncurrent | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | - | - | |||||
Dividends Payable Current And Noncurrent | 8 | 8 | 8 | 8 | 8 | 14 | 14 | 14 | 14 | 18 | 18 | 19 | |||||
Other Liabilities | 60 | 49 | 49 | 14 | 20 | 21 | 16 | 13 | 12 | 15 | - | - | |||||
Liabilities | 1,344 | 1,109 | 871 | 915 | 977 | 1,211 | 1,377 | 1,487 | 1,510 | 1,654 | 1,680 | 1,709 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Additional Paid In Capital Common Stock | 822 | 821 | 820 | 819 | 818 | 817 | 816 | 815 | 813 | 812 | 811 | 810 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | |||||
Retained Earnings Accumulated Deficit | -330 | -312 | -299 | -296 | -276 | -277 | -253 | -233 | -213 | -187 | -129 | -120 | |||||
Stockholders Equity | 492 | 510 | 521 | 524 | 542 | 540 | 564 | 582 | 601 | 626 | 683 | 691 | |||||
Liabilities And Stockholders Equity | 1,836 | 1,618 | 1,392 | 1,439 | 1,520 | 1,751 | 1,941 | 2,070 | 2,111 | 2,280 | 2,363 | 2,400 | |||||
Variable Interest Entity Primary Beneficiary | - | 1 | -1 | 1 | 4 | 2 | -741,215 | -32,686 | 773,904 | 892,166 | -11,624 | 39,625 | |||||
Nonrelated Party | - | - | - | - | - | - | - | - | - | - | 187 | 1,952 | |||||
Real Estate Acquired Through Foreclosure | - | - | - | - | - | - | 141 | 82 | 82 | 83 | 84 | - | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | |||||
Common Stock Shares Issued | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 54 | 54 | 54 | 54 | |||||
Shares Outstanding | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 54 | 54 | 54 | 54 | |||||
Subscribe to unlock 17+ years of financial data, unlimited metrics, and saved tables
Subscribe to unlock 17+ years of data, unlimited metrics, and saved tables
Custom Table
Subscribe to unlock 17+ years of financial data, unlimited metrics, transformations, and saved visuals
Subscribe to unlock 17+ years of data, unlimited metrics, transformations, and saved visuals
Interactive Financial Visualizations
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.18% | -10.69% | - | - | - | - | - | - | - | - | - | - |
| 2025 | -1.50% | 5.34% | 2.70% | 13.46% | 14.66% | 15.18% | 4.74% | -0.40% | -1.15% | -10.16% | -13.98% | -4.40% |
| 2024 | 2.65% | 1.90% | 18.60% | 4.59% | 8.30% | -1.06% | 0.98% | -14.55% | -16.10% | -8.04% | -22.00% | -20.07% |
| 2023 | - | - | - | -5.21% | -3.76% | -7.76% | -0.20% | 10.13% | 4.39% | 0.78% | -5.07% | -6.56% |
Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial | ||||||||||||
Subscribe to unlock 17+ years of financial data and 50+ calculated metrics
Subscribe to unlock 17+ years of data and 50+ calculated metrics
Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | -1.65 | -1.02 | -1.21 | -1.46 | -1.29 | -1.68 | -2.16 | -1.74 | -1.58 | -1.44 | -0.96 | -1.04 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.36 | -0.02 | -0.14 | -0.33 | -0.24 | -0.64 | -1.17 | -0.89 | -0.82 | -0.72 | 0.06 | -0.09 | |||||
| Free Cash Flow Per Share TTM | -0.78 | 0.39 | 0.43 | 0.52 | 0.59 | 0.65 | 0.71 | 0.80 | 0.86 | 0.86 | 0.96 | 0.94 | |||||
| Dividend Per Share TTM | 0.61 | 0.71 | 0.81 | 0.91 | 1.01 | 1.10 | 1.17 | 1.27 | 1.38 | 1.40 | 1.42 | 1.42 | |||||
Margin Metrics | |||||||||||||||||
| Operating Profit Margin TTM | -37.15% | -1.13% | -12.58% | -29.14% | -19.82% | -50.27% | -91.59% | -63.41% | -52.75% | -41.87% | 3.56% | -4.35% | |||||
| Net Profit Margin TTM | -37.21% | -1.64% | -13.03% | -29.57% | -20.22% | -50.24% | -91.46% | -63.28% | -52.58% | -41.83% | 3.27% | -4.66% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -19.06% | -21.27% | -15.16% | -19.82% | -22.57% | -25.05% | -34.12% | -29.54% | -22.14% | -13.03% | -0.72% | 2.52% | |||||
| Net Income Growth (1Y) | 48.98% | -97.42% | -87.92% | -62.54% | -70.22% | -9.97% | -1,944.39% | 857.47% | -726.33% | -230.49% | -92.15% | -109.53% | |||||
| EPS Growth (1Y) | 47.65% | -97.44% | -88.01% | -62.83% | -70.46% | -10.24% | -1,931.55% | 856.09% | -728.57% | -224.24% | -92.10% | -108.87% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -12.93 | -272.55 | -29.21 | -12.63 | -16.25 | -7.57 | -4.74 | -5.68 | -6.66 | -10.29 | 102.86 | -72.36 | |||||
| P/B | 0.52 | 0.48 | 0.43 | 0.44 | 0.40 | 0.49 | 0.54 | 0.48 | 0.50 | 0.64 | 0.52 | 0.53 | |||||
| P/S TTM | 4.81 | 4.48 | 3.81 | 3.73 | 3.29 | 3.80 | 4.33 | 3.60 | 3.50 | 4.31 | 3.36 | 3.37 | |||||
| Market Cap | 256.77M | 245.84M | 224.99M | 230.24M | 216.57M | 264.86M | 301.82M | 276.73M | 298.24M | 400.07M | 355.47M | 367.88M | |||||
| Enterprise Value | 122.44M | 178.68M | 140.12M | 136.11M | 87.49M | 198.57M | 229.48M | 310.83M | 303.44M | 394.27M | 399.07M | 329.83M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -43.26M | 21.35M | 23.80M | 28.39M | 32.18M | 35.55M | 38.56M | 43.68M | 46.91M | 46.79M | 51.79M | 51.16M | |||||
| Net Debt | -134.33M | -67.16M | -84.87M | -94.14M | -129.08M | -66.29M | -72.35M | 34.10M | 5.20M | -5.80M | 43.59M | -38.04M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Insider Transactions
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data