Ares Commercial Real Estate Corporation (ACRE)
NYSE: ACRE · Real-Time Price · USD
4.960
-0.030 (-0.60%)
Feb 21, 2025, 4:00 PM EST - Market closed
ACRE Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest and Dividend Income | 157.72 | 198.61 | 170.17 | 133.63 | 121.05 | Upgrade
|
| Total Interest Expense | 105.99 | 109.65 | 65.99 | 50.08 | 51.95 | Upgrade
|
| Net Interest Income | 51.73 | 88.96 | 104.18 | 83.55 | 69.1 | Upgrade
|
| Other Revenue | 17.92 | 3.97 | 2.67 | 18.52 | 13.59 | Upgrade
|
| Revenue Before Loan Losses | 69.65 | 92.93 | 106.85 | 102.07 | 82.7 | Upgrade
|
| Provision for Loan Losses | -18.15 | 91.83 | 46.06 | 0.01 | 20.19 | Upgrade
|
| Revenue | 87.8 | 1.1 | 60.79 | 102.06 | 62.51 | Upgrade
|
| Revenue Growth (YoY) | 7874.75% | -98.19% | -40.44% | 63.27% | -19.09% | Upgrade
|
| Salaries & Employee Benefits | 4.74 | 3.99 | 2.88 | 1.94 | 1.34 | Upgrade
|
| Cost of Services Provided | 20.23 | 22 | 25.54 | 20.39 | 16.85 | Upgrade
|
| Other Operating Expenses | 12.96 | 2.52 | 4.31 | 18.55 | 18.13 | Upgrade
|
| Total Operating Expenses | 37.93 | 28.51 | 32.73 | 40.88 | 36.31 | Upgrade
|
| Operating Income | 49.87 | -27.41 | 28.06 | 61.18 | 26.2 | Upgrade
|
| EBT Excluding Unusual Items | 49.87 | -27.41 | 28.06 | 61.18 | 26.2 | Upgrade
|
| Pretax Income | -35.01 | -38.91 | 30.26 | 61.18 | 22.19 | Upgrade
|
| Income Tax Expense | -0.02 | -0.04 | 0.47 | 0.72 | 0.35 | Upgrade
|
| Earnings From Continuing Ops. | -34.99 | -38.87 | 29.79 | 60.46 | 21.84 | Upgrade
|
| Net Income to Company | -34.99 | -38.87 | 29.79 | 60.46 | 21.84 | Upgrade
|
| Net Income | -34.99 | -38.87 | 29.79 | 60.46 | 21.84 | Upgrade
|
| Net Income to Common | -34.99 | -38.87 | 29.79 | 60.46 | 21.84 | Upgrade
|
| Net Income Growth | - | - | -50.74% | 176.83% | -40.96% | Upgrade
|
| Shares Outstanding (Basic) | 54 | 54 | 52 | 42 | 33 | Upgrade
|
| Shares Outstanding (Diluted) | 54 | 54 | 52 | 43 | 33 | Upgrade
|
| Shares Change (YoY) | 0.30% | 4.14% | 22.13% | 28.57% | 15.08% | Upgrade
|
| EPS (Basic) | -0.64 | -0.72 | 0.58 | 1.43 | 0.66 | Upgrade
|
| EPS (Diluted) | -0.64 | -0.72 | 0.57 | 1.42 | 0.66 | Upgrade
|
| EPS Growth | - | - | -59.86% | 115.15% | -48.44% | Upgrade
|
| Free Cash Flow | 35.55 | 46.79 | 57.16 | 48.35 | 31.76 | Upgrade
|
| Free Cash Flow Per Share | 0.65 | 0.86 | 1.10 | 1.13 | 0.96 | Upgrade
|
| Dividend Per Share | 1.000 | 1.320 | 1.320 | 1.320 | 1.320 | Upgrade
|
| Dividend Growth | -24.24% | 0% | 0% | 0% | 0% | Upgrade
|
| Operating Margin | 56.80% | -2489.74% | 46.16% | 59.95% | 41.91% | Upgrade
|
| Profit Margin | -39.85% | -3530.15% | 49.00% | 59.24% | 34.94% | Upgrade
|
| Free Cash Flow Margin | 40.49% | 4249.68% | 94.03% | 47.37% | 50.81% | Upgrade
|
| Effective Tax Rate | - | - | 1.56% | 1.18% | 1.59% | Upgrade
|
Source: S&P Capital IQ. Financial Services template. Financial Sources.