ARES COMMERCIAL REAL ESTATE CORPORATION financials
Source: EDGAR filings · Built 2026-06-02T02:14:10Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Debt | 918.89M | 654.67M | 784.36M | 818.95M | 990.54M | 853.90M |
| Net Margin | -1.65% | -50.24% | -41.83% | 27.88% | 59.23% | 26.41% |
| Return on Equity (ROE) | -0.18% | -6.48% | -6.21% | 3.98% | 8.91% | 4.62% |
| Return on Assets (ROA) | -0.06% | -2.00% | -1.70% | 1.18% | 2.30% | 1.13% |
| Debt-to-Equity | 1.86× | 1.33× | 1.43× | 1.28× | 1.53× | 1.96× |
| Effective Tax Rate | -46.19% | 0.05% | 0.10% | 1.56% | 1.18% | 1.59% |
| Cash Conversion Ratio | -23.67× | -1.02× | -1.20× | 1.92× | 0.80× | 1.45× |
| Accruals Ratio | -0.01× | -0.04× | -0.04× | -0.01× | 0.00× | -0.01× |
| SBC % of Revenue | 7.12% | 6.80% | 4.29% | 2.69% | 1.90% | 1.62% |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 54.83M | 69.65M | 92.93M | 106.85M | 102.07M | 82.70M |
| Income Tax Expense (Benefit) | 285.00K | -18.00K | -39.00K | 472.00K | 722.00K | 352.00K |
| Net Income (Loss) Attributable to Parent | -902.00K | -34.99M | -38.87M | 29.79M | 60.46M | 21.84M |
| Weighted Average Number of Shares Outstanding, Basic | 54.89M | 54.45M | 54.28M | 51.68M | 42.40M | 32.98M |
| Weighted Average Number of Shares Outstanding, Diluted | 54.89M | 54.45M | 54.28M | 52.13M | 42.68M | 33.20M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 29.29M | 63.80M | 110.46M | 141.28M | 50.62M | 74.78M |
| Assets | 1.62B | 1.75B | 2.28B | 2.52B | 2.63B | 1.93B |
| Long-term Debt | 948.18M | 718.47M | 894.82M | 960.23M | 1.04B | 928.67M |
| Liabilities | 1.11B | 1.21B | 1.65B | 1.78B | 1.95B | 1.46B |
| Stockholders' Equity Attributable to Parent | 509.57M | 540.13M | 625.85M | 747.54M | 678.63M | 473.01M |
| Common Stock, Shares, Outstanding | 55.03M | 54.54M | 54.15M | 54.44M | 47.14M | 33.44M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 21.35M | 35.55M | 46.79M | 57.16M | 48.35M | 31.76M |
| Net Cash Provided by (Used in) Investing Activities | 148.14M | 427.91M | 127.46M | 193.17M | -699.68M | -81.87M |
| Payments for Repurchase of Common Stock | 0 | 0 | 4.60M | 0 | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | -168.63M | -507.63M | -205.07M | -159.67M | 627.17M | 119.25M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Debt | 1.10B | 918.89M | 508.18M | 551.86M | 548.91M | 654.67M |
| Net Margin | -71.36% | -29.25% | 32.99% | -87.82% | 62.52% | -60.91% |
| Return on Equity (ROE) | -1.95% | -0.76% | 0.89% | -2.11% | 1.72% | -1.97% |
| Return on Assets (ROA) | -0.52% | -0.24% | 0.33% | -0.77% | 0.61% | -0.61% |
| Debt-to-Equity | 2.40× | 1.86× | 1.14× | 1.23× | 1.24× | 1.33× |
| Effective Tax Rate | -0.31% | -0.13% | -0.02% | 0.00% | 2.92% | 0.16% |
| Cash Conversion Ratio | 5.89× | -1.20× | 3.59× | -1.17× | 0.86× | -0.66× |
| Accruals Ratio | 0.03× | -0.01× | -0.01× | -0.02× | 0.00× | -0.01× |
| SBC % of Revenue | 6.66% | 6.75% | 21.35% | 15.81% | 7.02% | 6.41% |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 13.46M | 13.21M | 14.11M | 12.56M | 14.95M | 17.51M |
| Income Tax Expense (Benefit) | 30.00K | 5.00K | -1.00K | 0 | 281.00K | -17.00K |
| Net Income (Loss) Attributable to Parent | -9.61M | -3.87M | 4.65M | -11.04M | 9.35M | -10.66M |
| Weighted Average Number of Shares Outstanding, Basic | 55.32M | 54.89M | 54.90M | 54.86M | 54.83M | 54.45M |
| Weighted Average Number of Shares Outstanding, Diluted | 55.32M | 54.89M | 55.78M | 54.86M | 55.69M | 54.45M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 86.16M | 29.29M | 84.87M | 89.98M | 125.50M | 63.80M |
| Assets | 1.84B | 1.62B | 1.39B | 1.44B | 1.52B | 1.75B |
| Long-term Debt | — | 948.18M | — | — | — | 718.47M |
| Liabilities | 1.34B | 1.11B | 870.88M | 914.94M | 977.48M | 1.21B |
| Stockholders' Equity Attributable to Parent | 492.42M | 509.57M | 520.98M | 523.70M | 542.14M | 540.13M |
| Common Stock, Shares, Outstanding | 55.37M | 55.03M | 55.02M | 55.01M | 54.86M | 54.54M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -56.61M | 4.63M | 16.73M | 12.89M | 8.01M | 7.07M |
| Net Cash Provided by (Used in) Investing Activities | -89.78M | -290.05M | 438.19M | 325.00M | 298.74M | 172.67M |
| Payments for Repurchase of Common Stock | — | — | — | — | — | 0 |
| Net Cash Provided by (Used in) Financing Activities | 213.56M | 228.70M | -397.34M | -310.05M | -243.96M | -185.79M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (ACRE CIK 0001529377),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.