Ares Commercial Real Estate Corporation (ACRE)
NYSE: ACRE · IEX Real-Time Price · USD
7.00
+0.15 (2.19%)
At close: Apr 29, 2024, 4:00 PM
6.92
-0.08 (-1.14%)
After-hours: Apr 29, 2024, 7:16 PM EDT

ACRE Revenue

In the year 2023, Ares Commercial Real Estate had annual revenue of $92.93M, a decrease of -13.03%. Revenue in the quarter ending December 31, 2023 was $17.55M, a -42.28% decrease year-over-year.

Revenue (ttm)
$92.93M
Revenue Growth
-13.03%
P/S Ratio
4.10
Revenue / Employee
$77,438
Employees
1,200
Market Cap
380.96M USD

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 202392.93M-13.92M-13.03%
Dec 31, 2022106.85M4.78M4.68%
Dec 31, 2021102.07M19.37M23.43%
Dec 31, 202082.70M5.44M7.04%
Dec 31, 201977.26M21.98M39.75%
Dec 31, 201855.28M8.93M19.28%
Dec 31, 201746.35M1.24M2.75%
Dec 31, 201645.11M-4.89M-9.78%
Dec 31, 201550.00M12.46M33.19%
Dec 31, 201437.54M5.51M17.20%
Dec 31, 201332.03M25.31M376.64%
Dec 31, 20126.72M6.76M-18,766.67%
Dec 31, 2011-36.00K--
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