Ares Commercial Real Estate Corporation (ACRE)

ACRE Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	29.29	63.8	110.46	141.28	50.62
Long-Term Investments	-	8.68	28.06	27.94	-
Trading Asset Securities	-	-	-	6.57	2.98
Loans & Lease Receivables	1,403	1,520	1,967	2,198	2,390
Other Receivables	6.4	8.1	45	143.5	145.69
Property, Plant & Equipment	113.29	115.32	73.35	-	36.6
Other Intangible Assets	16.88	23.71	9.94	-	-
Restricted Cash	37.87	2.5	-	-	-
Other Long-Term Assets	11.37	8.63	7.35	5.69	5.51
Total Assets	1,618	1,751	2,280	2,523	2,632
Accrued Expenses	4.32	5.1	6.4	7.49	4.73
Current Portion of Long-Term Debt	588.91	359.74	-	-	613.15
Long-Term Debt	458.55	812.63	1,617	1,737	1,310
Other Current Liabilities	8.44	13.92	18.22	19.35	16.67
Other Long-Term Liabilities	48.36	19.68	12.32	12.06	8.61
Total Liabilities	1,109	1,211	1,654	1,775	1,953
Common Stock	0.53	0.53	0.53	0.54	0.47
Additional Paid-In Capital	820.83	816.92	812.18	812.79	703.95
Retained Earnings	-311.79	-277.36	-187.02	-73.33	-28.63
Comprehensive Income & Other	-	0.04	0.15	7.54	2.84
Total Common Equity	509.57	540.13	625.85	747.54	678.63
Shareholders' Equity	509.57	540.13	625.85	747.54	678.63
Total Liabilities & Equity	1,618	1,751	2,280	2,523	2,632
Total Debt	1,047	1,172	1,617	1,737	1,923
Net Cash (Debt)	-1,018	-1,109	-1,507	-1,589	-1,870
Net Cash Per Share	-18.55	-20.36	-27.75	-30.48	-43.80
Filing Date Shares Outstanding	55.29	54.82	54.39	54.59	47.18
Total Common Shares Outstanding	54.95	54.5	54.12	54.43	47.1
Working Capital	874.94	1,216	2,136	2,463	1,955
Book Value Per Share	9.27	9.91	11.57	13.73	14.41
Tangible Book Value	492.69	516.42	615.91	747.54	678.63
Tangible Book Value Per Share	8.97	9.48	11.38	13.73	14.41

Updated Feb 10, 2026. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q