Ares Commercial Real Esta... (ACRE)

NYSE: ACRE · Real-Time Price · USD

4.14

0.06 (1.47%)

At close: May 02, 2025, 3:59 PM

4.11

-0.72%

After-hours: May 02, 2025, 05:16 PM EDT

Ares Commercial Real Estate Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	63.84M	93.84M	101.07M	98.17M	117.27M	100.17M	103.56M	103.71M	109.05M	108.75M	108.68M	107.07M	102.07M	93.16M	88.32M	78.78M	78.69M	79.06M	76.55M	84.24M	77.26M	70.2M	64.34M	56.3M	55.28M	51.63M	52.37M	49.15M	46.35M	48.09M	45.12M	45.22M	49.66M	57.99M	70.03M	81.22M
Cost of Revenue	20.35M	25.33M	18.41M	33.62M	49.84M	97.42M	113.2M	100.84M	85.73M	51.72M	43.94M	36.22M	30.34M	50.1M	41.39M	42.1M	75.86M	60.53M	64.37M	70.73M	36.99M	14.01M	7.17M	53K	-1K	n/a	n/a	n/a	n/a	n/a	n/a	n/a	4.28M	4.28M	10.21M	15.64M
Gross Profit	43.49M	68.51M	82.66M	64.54M	67.43M	2.75M	-9.64M	2.87M	23.31M	57.02M	64.74M	70.85M	71.73M	43.07M	46.94M	36.68M	2.83M	18.54M	12.18M	13.51M	40.27M	56.2M	57.17M	56.25M	55.28M	51.63M	52.37M	49.15M	46.35M	48.09M	45.12M	45.22M	45.38M	53.71M	59.83M	65.58M
Operating Income	31.62M	54.53M	68.92M	52.14M	28.58M	15.99M	-1.16M	20.5M	78.14M	84.29M	97.54M	95.36M	86.28M	92.83M	96.7M	90.63M	56.96M	66.84M	60.54M	57.92M	84.86M	75.56M	90.67M	103.03M	114.22M	106.06M	90.55M	71.9M	54.68M	54.7M	51.32M	51.9M	53.63M	-16.07M	-8.37M	-1.21M
Interest Income	157.72M	169M	182.48M	193.57M	199.04M	206.81M	199.63M	186.31M	170.17M	155.66M	144.05M	136.29M	133.63M	124.73M	121.33M	120.31M	121.05M	120.44M	118.09M	118.25M	114.78M	117.13M	119.22M	118.83M	118.28M	112.62M	110.81M	103.85M	97.54M	95.83M	88.05M	84.34M	81.96M	79.66M	79.83M	81.92M
Pretax Income	-35.01M	-63.83M	-48.78M	-44.9M	-38.91M	3.77M	-4.75M	7.62M	30.26M	44.37M	53.67M	61.56M	61.18M	58.31M	63.47M	55.37M	22.19M	17.63M	11.57M	11.62M	37.51M	37.73M	38.87M	38.28M	39.04M	35.19M	36.11M	33.46M	30.61M	33.18M	29.91M	30.46M	29.59M	32.44M	37.54M	42.27M
Net Income	-34.99M	-63.74M	-48.68M	-44.75M	-38.87M	3.46M	-5.08M	7.15M	29.79M	44.03M	53.34M	60.92M	60.46M	57.71M	62.69M	54.84M	21.84M	17.09M	11.2M	11.19M	36.99M	37.35M	38.27M	37.82M	38.6M	34.76M	35.86M	33.27M	30.41M	32.29M	39.67M	41.65M	40.34M	41.15M	32.09M	32.36M
Selling & General & Admin	11.46M	11.71M	11.47M	11.38M	10.58M	10.85M	10.9M	10.14M	10.17M	9.23M	8.7M	8.3M	7.76M	7.48M	7.36M	7.38M	7.38M	7.49M	7.55M	7.35M	7.21M	7.25M	7.14M	6.96M	6.88M	6.88M	6.87M	6.83M	6.73M	6.62M	6.46M	6.21M	11.75M	17.02M	24.06M	30.72M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	-5.99M	-10.6M	-13.75M	-14.29M	-14.73M	19.62M	22.77M	27.64M	27.61M	-4.66M	-7.03M	-10.72M	-10.19M	-7.66M	-1.29M	-2.69M	n/a	n/a	-4M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Operating Expenses	33.17M	35.28M	35.04M	12.4M	12.11M	32.97M	37.74M	37.45M	37.45M	13.94M	8.7M	8.3M	7.76M	7.48M	7.36M	7.38M	7.38M	7.49M	7.55M	7.36M	7.21M	7.25M	7.14M	6.96M	6.88M	6.88M	6.87M	6.83M	6.73M	6.62M	6.46M	6.21M	11.75M	17.02M	24.06M	30.72M
Interest Expense	105.98M	113.66M	116M	115.47M	109.65M	101.84M	90.46M	76.98M	65.99M	58.03M	52.34M	49.95M	50.08M	47.4M	46.6M	48.55M	51.95M	55.49M	58.74M	62.38M	62.58M	63.9M	65.15M	64.44M	63M	60.99M	58.44M	54.7M	51.19M	47.74M	42.94M	39.12M	36.86M	34.71M	34.4M	34.69M
Selling & Marketing Expenses	-118K	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	7.57M	62.12M	54.95M	71.21M	109.4M	77.83M	78.88M	63.34M	42.31M	18.81M	24.98M	19.58M	19.11M	61.82M	53.12M	53.64M	87.23M	71.91M	75.69M	81.99M	48.08M	20.55M	13.89M	6.83M	6.88M	6.88M	6.87M	6.83M	6.73M	6.62M	6.46M	6.21M	11.42M	16.69M	23.67M	30.01M
Income Tax Expense	-18K	-88K	-101K	-147K	-39K	312K	333K	477K	472K	338K	14.23M	14.54M	14.62M	14.49M	776K	528K	352K	533K	371K	429K	516K	376K	593K	461K	446K	432K	250K	191K	178K	211K	318K	294K	-522K	-5K	1.06M	1.82M
Shares Outstanding (Basic)	54.5M	54.46M	54.43M	54.4M	54.11M	54.09M	54.35M	54.59M	54.43M	54.42M	50.56M	47.2M	47.03M	46.96M	41.01M	34.42M	32.98M	33.34M	33.32M	31.9M	28.64M	28.63M	28.6M	28.56M	28.55M	28.54M	28.52M	28.5M	28.49M	28.48M	28.48M	28.47M	28.46M	28.43M	28.43M	28.53M
Shares Outstanding (Diluted)	54.5M	54.46M	54.43M	54.4M	54.11M	54.8M	54.35M	54.59M	54.89M	54.85M	51M	47.65M	47.31M	47.21M	41.29M	34.72M	33.2M	33.55M	33.54M	31.9M	28.87M	28.87M	28.86M	28.78M	28.71M	28.7M	28.62M	28.6M	28.59M	28.58M	28.55M	28.48M	28.48M	28.51M	28.5M	28.6M
EPS (Basic)	-0.65	-1.18	-0.9	-0.83	-0.72	0.06	-0.1	0.14	0.60	0.91	1.11	1.34	1.46	1.54	1.78	1.64	0.64	0.54	0.41	0.46	1.30	1.31	1.34	1.33	1.36	1.23	1.27	1.18	1.08	1.14	1.40	1.47	1.42	1.45	1.13	1.13
EPS (Diluted)	-0.65	-1.18	-0.9	-0.83	-0.72	0.06	-0.1	0.14	0.60	0.91	1.11	1.34	1.45	1.52	1.75	1.61	0.62	0.52	0.39	0.44	1.28	1.30	1.34	1.33	1.36	1.23	1.27	1.18	1.08	1.14	1.40	1.47	1.42	1.45	1.13	1.13
EBITDA	22.13M	13.62M	13.62M	-6.31M	-3.28M	27.37M	48.62M	70.03M	95.32M	104.64M	106M	111.52M	111.26M	106.35M	99.06M	80.1M	35M	8.45M	-6.88M	-17.03M	n/a	26.42M	52.99M	78.35M	102.05M	96.19M	94.55M	88.17M	81.78M	70M	45.06M	26.09M	8.78M	n/a	n/a	n/a
EBIT	17.37M	9.11M	9.87M	13.22M	12.68M	48.49M	70.61M	69.5M	97.63M	104.19M	105.33M	111.25M	112.93M	107.37M	99.44M	79.84M	34.11M	7.56M	-7.75M	-17.87M	-667K	9.61M	20.01M	29.59M	39.04M	35.96M	36.88M	34.23M	31.38M	33.18M	22.01M	15.22M	8.62M	-222K	-222K	-220K
Depreciation & Amortization	5.22M	4.02M	3.32M	4.56M	4.26M	51K	-863K	-13.24M	-28.06M	-24.74M	-23.86M	-13.51M	825K	898K	896K	895K	892K	887K	870K	834K	667K	-11.73M	-22.13M	-31.7M	-41.16M	-38.85M	-14.78M	6.87M	27.1M	36.8M	22.98M	10.78M	n/a	222K	222K	220K