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Ares Commercial Real Estate Corporation (ACRE)
NYSE: ACRE · Real-Time Price · USD
6.96
-0.13 (-1.77%)
Dec 3, 2024, 12:19 PM EST - Market open

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
9.76
Revenue / Employee
$32,853
Employees
1,200
Market Cap
378.90M

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 20231.10M-59.01M-98.17%
Dec 31, 202260.11M-41.95M-41.10%
Dec 31, 2021102.06M39.55M63.27%
Dec 31, 202062.51M-14.75M-19.09%
Dec 31, 201977.26M21.98M39.75%
Dec 31, 2018 Pro Pro Pro
Dec 31, 2017 Pro Pro Pro
Dec 31, 2016 Pro Pro Pro
Dec 31, 2015 Pro Pro Pro
Dec 31, 2014 Pro Pro Pro
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.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition

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