Ares Commercial Real Estate Corporation (ACRE) Earnings History
Net Loss14 years of earnings data (2012–2025) · Currently unprofitable on a TTM basis
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Ares Commercial Real Estate Corporation (ACRE) Earnings Overview
As of June 21, 2026, Ares Commercial Real Estate Corporation (ACRE) reported trailing twelve-month net income of -$20M, reflecting +97.4% year-over-year growth. The company earned $-0.36 per diluted share over the past four quarters, with a net profit margin of -1.1%.
Looking at the long-term picture, ACRE's historical earnings data spans multiple years. The company achieved its highest annual net income of $60M in fiscal 2021.
Ares Commercial Real Estate Corporation is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including BXMT ($104M net income, 7.2% margin), RC (-$510M net income, -45.8% margin), TRTX ($61M net income, 18.1% margin), ACRE has room to improve margins relative to the peer group. Compare ACRE vs BXMT →
ACRE Earnings vs Peers
Earnings metrics vs comparable public companies
ACRE Historical Earnings Data (2012–2025)
14 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $-902,000 | +97.4% | $62M | $-0.02 | -1.1% | 72.4% |
| 2024 | -$35M | +10.0% | $63M | $-0.64 | -39.9% | 71.6% |
| 2023 | -$39M | -230.5% | -$25M | $-0.72 | -3530.2% | -2261.0% |
| 2022 | $30M | -50.7% | $0 | $0.57 | 27.3% | 0.0% |
| 2021 | $60M | +176.8% | $61M | $1.42 | 59.2% | 59.9% |
| 2020 | $22M | -41.0% | $0 | $0.66 | 27.8% | 0.0% |
| 2019 | $37M | -4.2% | $0 | $1.28 | 47.9% | 0.0% |
| 2018 | $39M | +26.9% | $102M | $1.35 | 69.8% | 184.6% |
| 2017 | $30M | -24.6% | $30M | $1.07 | 65.6% | 65.7% |
| 2016 | $40M | +17.6% | $30M | $1.41 | 89.4% | 67.5% |
| 2015 | $34M | +40.5% | $55M | $1.20 | 40.7% | 65.3% |
| 2014 | $24M | +77.2% | $34M | $0.85 | 38.3% | 52.5% |
| 2013 | $14M | +1500.7% | $26M | $0.72 | 40.8% | 77.7% |
| 2012 | $860,000 | - | $4M | $0.03 | 13.0% | 53.1% |
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ACRE — Frequently Asked Questions
Quick answers to the most common questions about buying ACRE stock.
What is ACRE earnings per share (EPS)?
ACRE trailing twelve-month (TTM) diluted EPS is $-0.36, reflecting +97.4% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2012 to 2025 is available in the table on this page.
What is Ares Commercial Real Estate Corporation's net income?
Ares Commercial Real Estate Corporation (ACRE) trailing twelve-month net income is $-20M as of 2025. Earnings grew +97.4% year-over-year.
Is ACRE profitable?
ACRE is not currently profitable on a TTM basis, reporting a net loss of $-20M. Net margin is -1.1%. Investors should monitor for a return to profitability.
What is ACRE's earnings growth rate?
ACRE compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2012 to 2025.
What are ACRE's profit margins?
Ares Commercial Real Estate Corporation net profit margin is -1.1%, operating margin is +72.4%, and gross margin is +57.4%. Below-average margins reflect competitive or cost pressures. Return on Equity is -0.2%.
Is ACRE growing earnings?
Yes, ACRE earnings are accelerating — EPS growth of +97.4% exceeds the 5-year CAGR of N/A. TTM net income reached $-20M. Earnings momentum is strengthening.
What was ACRE's best earnings year?
Ares Commercial Real Estate Corporation's highest annual net income on record is $60M, achieved in fiscal year 2021. Earnings history on this page spans 2012 to 2025 and includes all annual and quarterly figures.
What were ACRE's earnings last quarter?
ACRE's most recent reported quarter was Q1 2026. Net income was $-10M with diluted EPS of $-0.17. For a full breakdown of all quarters, see the quarterly earnings table on this page.