Saturday 17 October 2026
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Ares Commercial Real Estate Corporation
ACRE Real Estate Reit Mortgage
Ares Commercial Real Estate Corporation’s revenue for fiscal 2025 (year ended December 2025) was $54.8 million, down 21.3% from fiscal 2024. In the quarter to June 2026, revenue grew 14.3%, EPS grew 140.0%, free cash flow grew 1,481.2% and total debt rose 42.2%, each against the same quarter a year earlier.
3.45
0.13
−3.63%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
— | — | — | — | 5 | 4 | 5 | 4 | — | — |
P/E ratio |
9.92 | 11.84 | 9.59 | 12.18 | 18.90 | 9.96 | 17.93 | 0.00 | 0.00 | 0.00 |
P/S ratio |
8.88 | 7.86 | 6.73 | 5.87 | 4.75 | 6.04 | 5.20 | 5.98 | 4.60 | 4.78 |
P/FCF ratio |
0.00 | 11.78 | 9.57 | 14.73 | 12.47 | 12.80 | 5.83 | 6.54 | 6.69 | 10.70 |
P/Operating CF |
(85.72) | 49.37 | 34.04 | 59.82 | 43.55 | 34.12 | 36.85 | 55.11 | 45.35 | 56.70 |
P/B ratio |
0.93 | 0.87 | 0.87 | 1.06 | 0.83 | 0.91 | 0.74 | 0.89 | 0.59 | 0.51 |
Price to Tangible BV |
0.93 | 0.87 | 0.87 | 1.06 | 0.83 | 0.91 | 0.74 | 0.89 | 0.59 | 0.51 |
EV/Sales |
29.56 | 37.15 | 28.35 | 23.01 | 21.00 | 24.38 | 19.62 | 21.60 | 21.20 | 23.57 |
EV/EBITDA |
42.51 | 53.13 | 41.45 | 47.13 | 37.53 | 39.20 | 30.02 | 32.23 | 40.39 | 58.05 |
EV/Operating CF |
(296.94) | 55.06 | 39.96 | 54.79 | 54.68 | 51.46 | 36.68 | 42.90 | 41.53 | 60.51 |
EV/FCF |
(275.24) | 55.69 | 40.32 | 57.79 | 55.16 | 51.65 | 21.98 | 23.61 | 30.79 | 52.72 |
Quick Ratio |
0.00 | 0.00 | 0.00 | 0.10 | 1.21 | 1.01 | 1.35 | 1.06 | 0.00 | 0.00 |
Current Ratio |
0.00 | 0.00 | 0.00 | 0.10 | 1.21 | 1.01 | 1.35 | 1.43 | 0.00 | 0.00 |
Net Debt/EBITDA |
28.15 | 40.36 | 30.30 | 33.80 | 27.97 | 28.71 | 21.35 | 22.51 | 30.26 | 44.04 |
Debt/Assets |
67.74% | 75.51% | 72.17% | 71.79% | 70.96% | 71.16% | 64.69% | 66.34% | 66.95% | 64.73% |
Debt/Equity |
2.17 | 3.19 | 2.72 | 3.00 | 2.89 | 2.76 | 2.18 | 2.42 | 2.17 | 2.06 |
Asset Turnover |
0.03 | 0.03 | 0.03 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 |
Operating CF/Net income |
(0.11) | 1.03 | 1.02 | 0.88 | 1.45 | 0.80 | 1.92 | (1.20) | (1.02) | (23.67) |
Capex/Depreciation |
(0.52) | 0.00 | 0.00 | (7.56) | 2.63 | (0.06) | (8.93) | 0.00 | 2.57 | 0.36 |
| 9.10% | 7.16% | 9.14% | 8.68% | 4.86% | 10.50% | 4.18% | (5.66%) | (6.00%) | (0.17%) | |
| 2.93% | 1.93% | 2.29% | 2.18% | 1.18% | 2.65% | 1.16% | (1.62%) | (1.74%) | (0.05%) | |
ROIC |
1.46% | 1.14% | 1.55% | 1.38% | 1.64% | 1.53% | 2.07% | 1.99% | 1.20% | 0.56% |
Return on Tangible Assets |
84.66% | 105.87% | 336.55% | (331.10%) | 43.49% | 164.03% | 80.90% | (30.35%) | (17.04%) | (0.46%) |
Average Days of Receivables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
31.98% | 32.30% | 29.38% | 21.71% | 21.99% | 21.88% | 26.60% | 27.97% | 35.84% | 42.41% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.69% | 1.25% | 1.99% | 2.43% | 1.62% | 1.90% | 2.69% | 4.29% | 6.80% | 7.12% |
Graham Net Nets |
(2.24) | (3.63) | (3.13) | (2.98) | (3.52) | (3.09) | (2.94) | (2.71) | (3.57) | (3.97) |
Graham Number |
21.96 | 18.91 | 21.37 | 20.88 | 14.26 | 22.93 | 13.97 | 0.00 | 0.00 | 0.00 |
Earnings Yield |
10.09% | 8.44% | 10.43% | 8.21% | 5.29% | 10.04% | 5.58% | (7.03%) | (11.04%) | (0.42%) |
Free Cash Flow Yield |
(1.21%) | 8.49% | 10.45% | 6.79% | 8.02% | 7.81% | 17.15% | 15.29% | 14.95% | 9.34% |
Revenue per Share |
1.58 | 1.63 | 1.94 | 2.70 | 2.51 | 2.41 | 2.07 | 1.71 | 1.28 | 1.00 |
Operating CF per Share |
(0.16) | 1.10 | 1.37 | 1.13 | 0.96 | 1.14 | 1.11 | 0.86 | 0.65 | 0.39 |
Capex per Share |
(0.01) | 0.00 | 0.00 | (0.06) | (0.01) | 0.00 | 0.74 | 0.00 | 0.23 | 0.06 |
Free Cash Flow per Share |
(0.17) | 1.10 | 1.37 | 1.08 | 0.95 | 1.14 | 1.85 | 0.86 | 0.88 | 0.45 |
Cash per Share |
1.67 | 1.01 | 0.40 | 0.20 | 2.27 | 1.19 | 2.73 | 2.03 | 1.22 | 1.22 |
Shareholders Equity per Share |
15.10 | 14.72 | 14.92 | 14.90 | 14.34 | 16.01 | 14.46 | 11.53 | 9.92 | 9.28 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
15.10 | 14.72 | 14.92 | 14.90 | 14.34 | 16.01 | 14.46 | 11.53 | 9.92 | 9.28 |
Free Cash Flow |
(4.84) | 31.28 | 39.22 | 30.77 | 31.49 | 48.21 | 95.38 | 46.79 | 47.96 | 24.51 |
Working Capital |
47.65 | 28.72 | 11.47 | (49.07) | 12.94 | 0.26 | 36.82 | 44.78 | 66.29 | 67.16 |
Capital Expenditures |
(0.35) | — | — | (1.69) | (0.27) | (0.14) | 38.23 | — | 12.41 | 3.16 |
Net Current Asset Value |
(896.38) | (1,322.33) | (1,166.27) | (1,352.16) | (1,381.71) | (1,902.59) | (1,634.18) | (1,504.49) | (1,144.78) | (1,041.42) |
EV/EBIT |
43.46 | 54.88 | 40.14 | 47.41 | 37.44 | 40.66 | 28.28 | 31.16 | 46.54 | 96.26 |
Capex to Sales |
0.01 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | (0.36) | 0.00 | (0.18) | (0.06) |
Price to Operating Income |
13.06 | 11.61 | 9.53 | 12.08 | 8.47 | 10.07 | 7.50 | 8.63 | 10.11 | 19.54 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.06 | 0.00 | (0.03) | 0.03 | 0.07 |
Cash ROIC |
(0.34%) | 1.75% | 2.46% | 1.80% | 1.64% | 1.85% | 3.78% | 2.08% | 2.70% | 1.51% |
Accounts Receivable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Accounts Payable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | — | — |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | — | — |
Average Payables |
0.35 | 0.15 | 0.23 | 0.07 | (0.01) | — | — | — | — | — |
Average Assets |
1,376.34 | 1,571.96 | 1,686.77 | 1,693.73 | 1,856.82 | 2,280.67 | 2,577.42 | 2,401.39 | 2,015.49 | 1,684.67 |
Average Common Equity |
443.08 | 424.42 | 422.38 | 425.96 | 449.68 | 575.82 | 713.08 | 686.69 | 582.99 | 524.85 |
Columns are period end dates