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MARKETS / NYSE / Real estate / Real estate investment trusts / ACRE
NYSE · REAL ESTATE INVESTMENT TRUSTS · MID CAP

Ares Commercial Real Estate Corp. ACRE

14 fiscal years on record · USD · FY2025 reported · SEC filings only
$54.8M
▼ 21.3% YoY
$-902,000

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

We are a specialty finance company primarily engaged in directly originating and investing in commercial real estate ("CRE") loans and related investments. We are a Maryland corporation and completed our initial public offering in May 2012. We have elected and qualified to be taxed as a real estate investment trust ("REIT") for United States federal income tax purposes under the Internal Revenue Code of 1986, as amended (the "Code"), commencing with our taxable year ended December 31, 2012. Our target investments primarily include whole and co-invested senior mortgage loans, subordinated debt, mezzanine loans and preferred equity, as well as other CRE investment opportunities, including commercial mortgage-backed securities. We do not currently have any employees and rely on our Manager to provide us with investment advisory services.

Written from the business description in Ares Commercial Real Estate Corp's annual report to the U.S. Securities and Exchange Commission, filed 10 February 2026. Every sentence was checked against that document before publication.

Growth

USD 54.8M
Revenue, FY2025 · full 14-year series below
Revenue $M Net income $M
FY2025 · Revenue 54.8 · Net income -0.9
50M100M-15M-30M
201220152018202120242025
Compound annual growth
−19.9%
−7.9%
+0.9%
+4.0%
−24.6%
−18.4%
−1.8%
+3.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −7.9% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−2 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -1.1% · Net -1.6%
50%-20%-40%
201220182025
ROE
FY2025 · ROE -0.2%
5%10%-2%-4%-6%
201220182025
Three returns, three denominators.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.
Gross margin·
Operating margin-1.1%
Net margin-1.6%
EBITDAUSD 7.9M

Each USD of equity lost 0 cents this year.

Cash & shareholders

USD 39.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2014 · FCF -223.7
10M20M-100M-200M
201220182025
Net buybacks $M Dividends $M
FY2025 · Dividends 39.0 · Net buybacks 0.0
30M60MDividendsNet buybacks
20122014201620182020202220242025
Dividends paidUSD 39.0M
Net buybacksUSD 0.00
Share of profit-4324.9%
Consecutive raises·

USD 39.0M in dividends went back to shareholders in a year without profit.

Total assetsUSD 1.6B
EquityUSD 509.6M
CashUSD 29.3M
Gross debtUSD 948.2M
Net debtUSD 918.9M

Net debt stands at 180% of equity.

The 14-year record

14 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
ACRE, 14-year financial record
Metric 20252024202320222021202020192018201720162015201420132012
Revenue $B0.10.10.10.10.10.10.10.10.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.00.00.10.00.0◌◌◌◌◌◌◌
EBITDA $B0.0−0.0−0.00.00.10.00.0◌◌◌◌◌◌◌
Income tax $B0.0−0.0−0.00.00.00.00.00.00.00.0−0.00.00.0◌
Net income $B−0.0−0.0−0.00.00.10.00.00.00.00.00.00.00.00.0
Free cash flow $B◌◌◌◌◌◌◌◌◌◌◌−0.20.0◌
EPS, diluted $◌◌◌◌◌◌◌1.351.071.411.200.850.720.03
Dividend / sh $0.601.001.361.401.401.321.321.161.081.041.001.001.000.67
Payout %−4325−170−19524197196101831006666116135839
ROE %−0.2−6.0−5.74.210.54.98.79.17.310.810.76.14.80.1
Shares out B0.060.050.050.050.050.030.030.030.030.030.030.030.030.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

BN · CBRE · JLL · WELL · AMT · CWK
Provenance

Company facts, as filed

How we verify · 0 failures in 35 reconciliationsAUDITED

Reconciled in 14 of the 14 fiscal years we could check. Five checks were skipped: the balance sheet is not tagged before 2012. Five checks were skipped: EPS is not tagged before 2012.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityReal Estate Investment Trusts
Listed onNYSE
Incorporated inMaryland
Fiscal year endsnot stated in the filings
Data on record since2012

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