Ares Commercial Real Estate Corporation (ACRE)

ACRE Cash Flow Statement

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
Net Income	-0.9	-34.99	-38.87	29.79	60.46
Depreciation & Amortization	8.47	4.76	1.02	-	0.83
Other Amortization	4.63	5.09	3.9	7.1	9.9
Gain on Sale of Loans & Receivables	34.64	83.59	10.5	-	-
Provision for Credit Losses	-17.85	-19.15	92.82	46.06	0.01
Stock-Based Compensation	3.9	4.74	3.99	2.88	1.94
Change in Other Net Operating Assets	-4.53	-5.76	-19.51	-15.09	-16.35
Other Operating Activities	-4.27	-5.02	-7.06	-11.38	-8.43
Operating Cash Flow	21.35	35.55	46.79	57.16	48.35
Operating Cash Flow Growth	-39.93%	-24.02%	-18.14%	18.21%	52.23%
Investment in Securities	8.67	19.33	-	-27.87	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	93.01	389.55	126	172.22	-707.02
Other Investing Activities	43.31	6.63	1.46	10.6	7.48
Investing Cash Flow	148.14	427.91	127.46	193.17	-699.69
Long-Term Debt Issued	487.55	136.76	43.67	372.19	1,616
Long-Term Debt Repaid	-613.95	-581	-164.13	-561.69	-1,122
Net Debt Issued (Repaid)	-126.39	-444.25	-120.47	-189.5	494.21
Issuance of Common Stock	-	-	-	106.27	204.78
Repurchase of Common Stock	-	-	-4.6	-	-
Common Dividends Paid	-39.01	-59.64	-72.65	-67.7	-55.72
Other Financing Activities	-3.23	-3.74	-4.05	-4.63	-13.39
Financing Cash Flow	-168.64	-507.63	-205.07	-159.67	627.17
Net Cash Flow	0.86	-44.17	-30.82	90.66	-24.16
Cash Interest Paid	61.07	102.8	103.72	57.82	40.13
Cash Income Tax Paid	-	-	0.38	0.25	1.41

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

SEC Filings: 10-K · 10-Q