Ares Commercial Real Estate (ACRE) Depreciation and Depletion (2013 - 2023)
Ares Commercial Real Estate (ACRE) recorded Depreciation and Depletion of $206,000 in the quarter ended Sep 30, 2023.
Ares Commercial Real Estate (ACRE) Depreciation and Depletion (2013 - 2023) Analysis & Trends
For the year ended Dec 31, 2021, Ares Commercial Real Estate reported Depreciation and Depletion of $825,000, down 7.5% from the prior year.
- Annual Depreciation and Depletion has a five-year compound annual growth rate of 37.6% (years ended Dec 2016 to Dec 2021).
- Across earlier years, Depreciation and Depletion came in at $892,000 in the year ended Dec 31, 2020 (+33.7%) and $667,000 in the year ended Dec 31, 2019.
- The figure for the quarter ended Sep 30, 2023 is the highest quarterly Depreciation and Depletion since the quarter ended Sep 30, 2021.
- Peak year-over-year performance for Depreciation and Depletion in the last five years was growth of 309.3% in the quarter ended Mar 31, 2020, against a decline of 32.6% in the quarter ended Dec 31, 2021 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 44.95 Bn | 30.63 Bn | - | - |
| 2 | Orix | 41.97 Bn | 42.47 Bn | - | - |
| 3 | Royalty Pharma | 33.14 Bn | 33.05 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.99 Bn | 24.99 Bn | - | - |
| 5 | Affirm Holdings | 23.75 Bn | 17.44 Bn | - | 86.30 Mn |
| 6 | Synchrony Financial | 23.25 Bn | -44.72 Bn | - | - |
| 7 | Royal Gold | 19.67 Bn | 18.90 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 14.04 Bn | 5.13 Bn | - | - |
| 9 | Ares Capital | 13.76 Bn | 11.19 Bn | - | - |
| 10 | Ares Commercial Real Estate | 215.27 Mn | -2.61 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 206,000.00 |
| Dec 31, 2021 | 151,000.00 |
| Sep 30, 2021 | 225,000.00 |
| Jun 30, 2021 | 225,000.00 |
| Mar 31, 2021 | 224,000.00 |
| Dec 31, 2020 | 224,000.00 |
| Sep 30, 2020 | 223,000.00 |
| Jun 30, 2020 | 224,000.00 |
| Mar 31, 2020 | 221,000.00 |
| Dec 31, 2019 | 219,000.00 |
| Sep 30, 2019 | 206,000.00 |
| Jun 30, 2019 | 188,000.00 |
| Mar 31, 2019 | 54,000.00 |
| Sep 30, 2016 | 55,000.00 |
| Jun 30, 2016 | 57,000.00 |
| Mar 31, 2016 | 55,000.00 |
| Dec 31, 2015 | 55,000.00 |
| Sep 30, 2015 | 55,000.00 |
| Jun 30, 2015 | 55,000.00 |
| Mar 31, 2015 | 54,000.00 |
Ares Commercial Real Estate Depreciation and Depletion 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=depreciation-and-depletion&ticker=ACRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=ACRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();