Ares Commercial Real Estate Corporation (ACRE)

NYSE: ACRE · Real-Time Price · USD

3.435

+0.085 (2.54%)

Oct 26, 2026, 10:36 AM EDT - Market open

ACRE Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	35.49	72.68	87.8	1.1	60.79	102.06
Revenue Growth	-56.01%	-17.22%	7874.75%	-98.19%	-40.44%	63.27%
Operating Income	-2.04	31.27	49.87	-27.41	28.06	61.18
Net Income	-4.44	-0.9	-34.99	-38.87	29.79	60.46
Earnings Per Share	-0.08	-0.02	-0.64	-0.72	0.57	1.42
EPS Growth	-	-	-	-	-59.86%	115.15%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	17.56	29.29	63.8	110.46	147.84	53.59
Total Debt	1,263	1,047	1,172	1,617	1,737	1,923
Net Cash (Debt)	-1,245	-1,018	-1,109	-1,507	-1,589	-1,870
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-22.58	-18.55	-20.36	-27.75	-30.48	-43.80

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	15.4	21.35	35.55	46.79	57.16	48.35
Free Cash Flow	15.4	21.35	35.55	46.79	57.16	48.35
Free Cash Flow Growth	-45.76%	-39.93%	-24.02%	-18.14%	18.21%	52.23%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Margin	-5.74%	43.02%	56.80%	-2489.74%	46.16%	59.95%
Pretax Margin	-12.01%	-0.85%	-39.87%	-3533.70%	49.77%	59.95%
Profit Margin	-12.50%	-1.24%	-39.85%	-3530.15%	49.00%	59.24%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.600	0.600	1.000	1.320	1.320	1.320
Dividend Per Share Growth	-14.29%	-40.00%	-24.24%	0%	0%	0%
Dividend Yield	17.47%	12.56%	16.98%	12.75%	12.83%	9.11%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	-	18.80	11.29
Forward PE	9.50	36.63	15.26	11.22	7.75	10.96
PS Ratio	5.23	3.61	3.66	508.97	9.21	6.69