Ares Commercial Real Estate Corporation (ACRE)

ACRE Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-19.85	-0.9	-34.99	-38.87	29.79	60.46
Depreciation & Amortization	11.58	13.1	9.85	4.92	7.1	10.72
Stock-Based Compensation	3.75	3.9	4.74	3.99	2.88	1.94
Other Adjustments	15.93	9.77	61.71	96.26	32.49	-8.42
Changes in Other Operating Activities	-68.42	-4.53	-5.76	-19.51	-15.09	-16.35
Operating Cash Flow	-43.26	21.35	35.55	46.79	57.16	48.35
Operating Cash Flow Growth	-	-39.93%	-24.02%	-18.14%	18.21%	52.23%
Purchases of Investments	-681.33	-489.21	-44.1	-199.83	-652.72	-1,242
Proceeds from Sale of Investments	381.57	588.77	436.66	327.29	833.45	542.61
Other Investing Activities	18.55	48.59	35.35	-	12.44	-0.29
Investing Cash Flow	-240.37	148.14	427.91	127.46	193.17	-699.69
Long-Term Debt Issued	705.8	487.55	136.76	43.67	372.19	1,616
Long-Term Debt Repaid	-380.08	-613.95	-581	-164.13	-561.69	-1,122
Net Long-Term Debt Issued (Repaid)	325.72	-126.39	-444.25	-120.47	-189.5	494.21
Issuance of Common Stock	-	-	-	-	106.27	204.78
Repurchase of Common Stock	-	-	-	-4.6	-	-
Net Common Stock Issued (Repurchased)	-	-	-	-4.6	106.27	204.78
Common Dividends Paid	-33.53	-39.01	-59.64	-75.95	-71.81	-58.42
Other Financing Activities	-3.31	-3.23	-3.74	-4.05	-4.63	-13.39
Financing Cash Flow	288.88	-168.64	-507.63	-205.07	-159.67	627.17
Net Cash Flow	5.25	0.86	-44.17	-30.82	90.66	-24.16
Free Cash Flow	-43.26	21.35	35.55	46.79	57.16	48.35
Free Cash Flow Growth	-	-39.93%	-24.02%	-18.14%	18.21%	52.23%
FCF Margin	-81.10%	38.94%	51.04%	50.35%	53.49%	47.37%
Free Cash Flow Per Share	-0.78	0.39	0.65	0.86	1.10	1.13
Levered Free Cash Flow	249.03	-118.72	-475.14	-173.93	-167.7	549.04
Unlevered Free Cash Flow	-52.46	13.82	25.12	37.5	50.31	42.85

Updated May 7, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q