Ares Commercial Real Estate Corporation (ACRE)
NYSE: ACRE · Real-Time Price · USD
6.35
-0.12 (-1.85%)
Oct 31, 2024, 4:00 PM EDT - Market closed
ACRE Revenue
Ares Commercial Real Estate had revenue of $19.17M in the quarter ending June 30, 2024, with 294.22% growth. This brings the company's revenue in the last twelve months to $50.89M, up 74.65% year-over-year. In the year 2023, Ares Commercial Real Estate had annual revenue of $1.10M, down -98.17%.
Revenue (ttm)
$50.89M
Revenue Growth
+74.65%
P/S Ratio
6.90
Revenue / Employee
$42,406
Employees
1,200
Market Cap
345.66M
Revenue Chart
Revenue History
| Fiscal Year End | Revenue | Change | Growth |
|---|---|---|---|
| Dec 31, 2023 | 1.10M | -59.01M | -98.17% |
| Dec 31, 2022 | 60.11M | -41.95M | -41.10% |
| Dec 31, 2021 | 102.06M | 39.55M | 63.27% |
| Dec 31, 2020 | 62.51M | -14.75M | -19.09% |
| Dec 31, 2019 | 77.26M | 21.98M | 39.75% |
| Dec 31, 2018 | Pro | Pro | Pro |
| Dec 31, 2017 | Pro | Pro | Pro |
| Dec 31, 2016 | Pro | Pro | Pro |
| Dec 31, 2015 | Pro | Pro | Pro |
| Dec 31, 2014 | Pro | Pro | Pro |
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.
Revenue Definition
Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.
Full DefinitionRelated Stocks
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|---|---|
| Anywhere Real Estate | 5.63B |
| Landsea Homes | 1.40B |
| Smith Douglas Homes | 825.11M |
| Chatham Lodging Trust | 312.83M |
| The RMR Group | 191.26M |
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ACRE News
- 7 days ago - Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2024 - Business Wire
- 14 days ago - 3 Shares Yielding Over 9% - Seeking Alpha
- 5 weeks ago - 5 Shares Yielding 8% To 11% - Seeking Alpha
- 5 weeks ago - The High Yield Desert - Seeking Alpha
- 6 weeks ago - Ares Commercial Real Estate: 14% Undercovered Yield, But There Is Hope - Seeking Alpha
- 2 months ago - 10% Or Higher Dividend Yields - Seeking Alpha
- 2 months ago - Ares Commercial: High Risk Of A Second Dividend Reset - Seeking Alpha
- 3 months ago - Ares Commercial: Another Big Loan Goes On Non-Accrual - Seeking Alpha