Ares Commercial Real Estate Corporation (ACRE)
NYSE: ACRE · Real-Time Price · USD
6.39
+0.27 (4.41%)
At close: Dec 20, 2024, 4:00 PM
6.43
+0.04 (0.63%)
After-hours: Dec 20, 2024, 7:05 PM EST
ACRE Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Interest and Dividend Income | 168.57 | 198.61 | 170.17 | 133.63 | 121.05 | 114.78 | Upgrade
|
| Total Interest Expense | 113.66 | 109.65 | 66.67 | 50.08 | 51.95 | 62.58 | Upgrade
|
| Net Interest Income | 54.91 | 88.96 | 103.5 | 83.55 | 69.1 | 52.2 | Upgrade
|
| Other Revenue | 14.78 | 3.97 | 2.67 | 18.52 | 13.59 | 25.06 | Upgrade
|
| Revenue Before Loan Losses | 69.69 | 92.93 | 106.17 | 102.07 | 82.7 | 77.26 | Upgrade
|
| Provision for Loan Losses | 30.27 | 91.83 | 46.06 | 0.01 | 20.19 | - | Upgrade
|
| Revenue | 39.42 | 1.1 | 60.11 | 102.06 | 62.51 | 77.26 | Upgrade
|
| Revenue Growth (YoY) | -6.15% | -98.17% | -41.10% | 63.27% | -19.09% | 39.75% | Upgrade
|
| Salaries & Employee Benefits | 4.66 | 3.99 | 2.88 | 1.94 | 1.34 | 1.88 | Upgrade
|
| Cost of Services Provided | 21.25 | 22 | 25.54 | 20.39 | 16.85 | 14.89 | Upgrade
|
| Other Operating Expenses | 9.46 | 2.52 | 3.63 | 18.55 | 18.13 | 22.98 | Upgrade
|
| Total Operating Expenses | 35.37 | 28.51 | 32.05 | 40.88 | 36.31 | 39.75 | Upgrade
|
| Operating Income | 4.05 | -27.41 | 28.06 | 61.18 | 26.2 | 37.51 | Upgrade
|
| EBT Excluding Unusual Items | 4.05 | -27.41 | 28.06 | 61.18 | 26.2 | 37.51 | Upgrade
|
| Pretax Income | -63.83 | -38.91 | 30.26 | 61.18 | 22.19 | 37.51 | Upgrade
|
| Income Tax Expense | -0.09 | -0.04 | 0.47 | 0.72 | 0.35 | 0.52 | Upgrade
|
| Earnings From Continuing Ops. | -63.74 | -38.87 | 29.79 | 60.46 | 21.84 | 36.99 | Upgrade
|
| Net Income to Company | -63.74 | -38.87 | 29.79 | 60.46 | 21.84 | 36.99 | Upgrade
|
| Net Income | -63.74 | -38.87 | 29.79 | 60.46 | 21.84 | 36.99 | Upgrade
|
| Net Income to Common | -63.74 | -38.87 | 29.79 | 60.46 | 21.84 | 36.99 | Upgrade
|
| Net Income Growth | - | - | -50.74% | 176.83% | -40.96% | -4.16% | Upgrade
|
| Shares Outstanding (Basic) | 54 | 54 | 52 | 42 | 33 | 29 | Upgrade
|
| Shares Outstanding (Diluted) | 54 | 54 | 52 | 43 | 33 | 29 | Upgrade
|
| Shares Change (YoY) | -1.21% | 4.14% | 22.13% | 28.57% | 15.08% | 0.66% | Upgrade
|
| EPS (Basic) | -1.17 | -0.72 | 0.58 | 1.43 | 0.66 | 1.29 | Upgrade
|
| EPS (Diluted) | -1.18 | -0.72 | 0.57 | 1.42 | 0.66 | 1.28 | Upgrade
|
| EPS Growth | - | - | -59.86% | 115.15% | -48.44% | -5.19% | Upgrade
|
| Free Cash Flow | 38.56 | 46.79 | 57.16 | 48.35 | 31.76 | 32.45 | Upgrade
|
| Free Cash Flow Per Share | 0.71 | 0.86 | 1.10 | 1.13 | 0.96 | 1.12 | Upgrade
|
| Dividend Per Share | 1.080 | 1.320 | 1.320 | 1.320 | 1.320 | 1.320 | Upgrade
|
| Dividend Growth | -18.18% | 0% | 0% | 0% | 0% | 13.79% | Upgrade
|
| Operating Margin | 10.27% | -2489.74% | 46.68% | 59.95% | 41.91% | 48.55% | Upgrade
|
| Profit Margin | -161.69% | -3530.15% | 49.55% | 59.24% | 34.94% | 47.88% | Upgrade
|
| Free Cash Flow Margin | 97.82% | 4249.68% | 95.09% | 47.37% | 50.81% | 42.00% | Upgrade
|
| Effective Tax Rate | - | - | 1.56% | 1.18% | 1.59% | 1.37% | Upgrade
|
Source: S&P Capital IQ. Financial Services template. Financial Sources.