Ares Commercial Real Estate Corporation (ACRE) quarterly cash flow statement — complete operating, investing & financing history
Ares Commercial Real Estate Corporation (ACRE) cash flow statement — 14-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | - | 63.55M | -56.61M | 4.63M | 3.84M | 4.88M | 8.01M | 7.07M | 8.43M | 8.67M | 11.38M | 10.09M | 13.55M | 11.9M | 11.26M | 15.09M | 12.91M | 12.94M | 16.21M | 18.07M |
| Operating CF Growth % | - | 1202.17% | -806.72% | -34.57% | -54.49% | -43.69% | -29.6% | -29.89% | -37.75% | -27.17% | 1.08% | -33.15% | 4.89% | -8.02% | -30.58% | -16.49% | 23.01% | 31.25% | 63.39% | 100.38% |
| Operating CF / Revenue % | - | 442.64% | -205.99% | 15.8% | 14.08% | -112.6% | 53.59% | -1443.27% | 77.45% | 2113.9% | -43.7% | 60.92% | 71.31% | 47.62% | 53.89% | 49.62% | 47.36% | 51.45% | 61.84% | 60.01% |
| Net Income | - | 4.38M | -9.61M | -3.87M | 4.65M | -11.04M | 9.35M | -10.66M | -5.88M | -6.13M | -12.32M | -39.41M | 9.18M | -2.2M | -6.44M | 2.91M | 644K | 10.03M | 16.2M | 17.15M |
| Depreciation & Amortization | - | 372K | 912K | 1.96M | 2.01M | 2.32M | 2.18M | 2.24M | 965K | 770K | 786K | 1.86M | 1.16M | 0 | 979K | -776K | 1.66M | 0 | 0 | 9.89M |
| Stock-Based Compensation | - | 882K | 897K | 892K | 1.02M | 937K | 1.05M | 1.12M | 1.18M | 1.15M | 1.28M | 1.04M | 985K | 1M | 960K | 738K | 673K | 699K | 766K | 494K |
| Other Non-Cash Items | - | 1.06M | 14.22M | 7.05M | -581K | 13.36M | -5.42M | 16.84M | 13.59M | 14.05M | 22.33M | 47.07M | 6.56M | 19.16M | 24.4M | 18.67M | 16.19M | 6.7M | -2.85M | 481K |
| Working Capital Changes | - | 56.85M | -63.03M | -1.42M | -3.27M | -700K | 858K | -2.46M | -1.42M | -1.18M | -695K | -471K | -4.34M | -6.07M | -8.64M | -6.45M | -6.25M | -4.49M | 2.1M | -824K |
| Cash from Investing | - | -121.5M | -89.78M | -290.05M | 113.2M | 26.26M | 298.74M | 172.67M | 121.53M | -295K | 134.02M | 85.85M | -47.69M | 19.24M | 70.06M | 257.13M | 12.25M | -165.88M | 89.68M | -124.61M |
| Acquisitions (Net) | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | - | 534K | -534K | -301K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27.87M | 0 | 0 | 0 | 550K |
| Sale of Investments | - | -11.41M | 11.41M | -31.26M | 0 | 782K | 88K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | - | -109.13M | -100.65M | -258.49M | 113.2M | 26.4M | 298.67M | 172.67M | 121.53M | -295K | 134.02M | 85.85M | -47.69M | 19.24M | 70.06M | 285M | 12.25M | -165.88M | 89.68M | -125.1M |
| Cash from Financing | - | -17.8M | 213.56M | 228.7M | -87.29M | -66.09M | -243.96M | -185.79M | -128.26M | -37.24M | -156.34M | -46.49M | -47.44M | -42.3M | -68.83M | -208.24M | 26.51M | 164.81M | -142.75M | 141.36M |
| Dividends Paid | - | -8.44M | -8.44M | -8.37M | -8.37M | -8.35M | -13.92M | -13.81M | -13.81M | -13.8M | -18.22M | -18.08M | -19.18M | -19.35M | -19.35M | -19.2M | -19.2M | -16.74M | -16.67M | -16.52M |
| Common Dividends | - | -8.44M | -8.44M | -8.37M | -8.37M | -8.35M | -13.92M | -13.81M | -13.81M | -13.8M | -18.22M | -16.98M | -19.19M | -19.35M | -19.35M | -19.2M | -19.05M | -16.74M | -16.67M | -16.09M |
| Debt Issuance (Net) | - | -1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K |
| Share Repurchases | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.6M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | - | 214.64M | -2M | -223K | -299K | -785K | -1.92M | -656K | -465K | -2.25M | -370K | -1.69M | -1.36M | -704K | -297K | 0 | -1.47M | -1.05M | -651K | -3.36M |
| Net Change in Cash | - | -75.76M | 67.17M | -56.72M | 29.74M | -34.95M | 62.79M | -6.05M | 1.7M | -28.87M | -10.94M | 49.44M | -81.59M | -11.16M | 12.49M | 63.98M | 51.67M | 11.87M | -36.86M | 34.83M |
| Exchange Rate Effect | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | - | 134.33M | 67.16M | 123.88M | 94.14M | 129.08M | 66.29M | 72.35M | 70.65M | 99.52M | 110.46M | 61.02M | 142.6M | 153.76M | 141.28M | 77.3M | 25.63M | 13.76M | 50.62M | 15.79M |
| Cash at End | - | 58.58M | 134.33M | 67.16M | 123.88M | 94.14M | 129.08M | 66.29M | 72.35M | 70.65M | 99.52M | 110.46M | 61.02M | 142.6M | 153.76M | 141.28M | 77.3M | 25.63M | 13.76M | 50.62M |
| Free Cash Flow | - | 62.58M | -57.14M | 4.33M | 3.44M | 3.96M | 8M | 7.07M | 8.43M | 8.67M | 11.38M | 10.09M | 13.55M | 11.9M | 11.26M | 15.09M | 12.91M | 12.94M | 16.21M | 18.01M |
| FCF Growth % | - | 1481.15% | -814.72% | -38.83% | -59.16% | -54.33% | -29.73% | -29.89% | -37.75% | -27.17% | 1.08% | -33.15% | 4.89% | -8.02% | -30.58% | -16.22% | 23.01% | 31.25% | 63.39% | 100.42% |
| FCF / Revenue % | - | 435.93% | -207.93% | 14.77% | 12.64% | -91.32% | 53.49% | -1443.27% | 77.45% | 2113.9% | -43.7% | 60.92% | 71.31% | 47.62% | 53.89% | 49.62% | 47.36% | 51.45% | 61.84% | 59.82% |