Ares Commercial Real Estate Corporation (ACRE)

ACRE Revenue

Ares Commercial Real Estate had revenue of $9.19M in the quarter ending September 30, 2024, a decrease of -55.50%. This brings the company's revenue in the last twelve months to $39.42M, down -6.15% year-over-year. In the year 2023, Ares Commercial Real Estate had annual revenue of $1.10M, down -98.17%.

• Revenue (ttm): $39.42M
• Revenue Growth: -6.15%
• P/S Ratio: 7.78
• Revenue / Employee: $32,853
• Employees: 1,200
• Market Cap: 307.26M

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2023	1.10M	-59.01M	-98.17%
Dec 31, 2022	60.11M	-41.95M	-41.10%
Dec 31, 2021	102.06M	39.55M	63.27%
Dec 31, 2020	62.51M	-14.75M	-19.09%
Dec 31, 2019	77.26M	21.98M	39.75%

Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.