Ares Commercial Real Estate (ACRE) Debt Ratio (2012 - 2026)
Ares Commercial Real Estate's (ACRE) Debt Ratio stood at 0.65 in the quarter ended Jun 30, 2026, up 44.7% from 0.45 a year earlier and up 0.3% from the prior quarter.
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Analysis
Ares Commercial Real Estate (ACRE) Debt Ratio (2012 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Ares Commercial Real Estate's Debt Ratio came in at 0.53, up 57.8% from the prior year.
- Annual Debt Ratio has increased for three straight years.
- Across earlier years, Debt Ratio came in at 0.34 in the year ended Dec 31, 2024 (+19.7%), 0.28 in the year ended Dec 31, 2023 (+0.4%), 0.28 in the year ended Dec 31, 2022 (-12.4%) and 0.32 in the year ended Dec 31, 2021 (-18.5%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Debt Ratio in data going back to the quarter ended Mar 31, 2012.
- On a year-over-year basis, Debt Ratio has increased for 11 consecutive quarters, with growth averaging 39.0% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 76.6% in the quarter ended Jun 30, 2022, against a decline of 34.5% in the quarter ended Sep 30, 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.64 (quarter ended Mar 31, 2026), 0.53 (quarter ended Dec 31, 2025) and 0.43 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 0.27 |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 0.35 |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 0.45 |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 0.21 |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 0.06 |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 0.04 |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 0.24 |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Ares Commercial Real Estate | 213.60 Mn | -4.28 Mn | - | 0.65 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.65 |
| Mar 31, 2026 | 0.64 |
| Dec 31, 2025 | 0.53 |
| Sep 30, 2025 | 0.43 |
| Jun 30, 2025 | 0.45 |
| Mar 31, 2025 | 0.44 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.33 |
| Jun 30, 2024 | 0.30 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.29 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.31 |
| Jun 30, 2022 | 0.32 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.32 |
| Sep 30, 2021 | 0.27 |
API Access
Ares Commercial Real Estate Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ACRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ACRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ACRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();