Ares Commercial Real Estate (ACRE) EBITDA (2012 - 2026)
Ares Commercial Real Estate (ACRE) recorded quarterly EBITDA of -$9.6 million in Q1 2026, down 148.06% quarter-over-quarter from -$3.9 million in Q4 2025, and down 199.47% on a YoY basis from $9.6 million in Q1 2025.
Ares Commercial Real Estate (ACRE) EBITDA (2012 - 2026) Analysis & Trends
Ares Commercial Real Estate's EBITDA history runs 15 years deep, the most recent figure standing at -$9.6 million for Q1 2026.
- In Q1 2026, EBITDA fell 199.47% year-over-year to -$9.6 million; the TTM figure through Mar 2026 stood at -$19.8 million (down 51.71% YoY), while the FY2025 annual figure was -$617000.0, up 98.24% from the prior year.
- EBITDA was -$9.6 million for Q1 2026 at Ares Commercial Real Estate, down from -$3.9 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $16.3 million in Q1 2022 to a low of -$39.5 million in Q4 2023.
- Historically, EBITDA has averaged -$3.2 million across 5 years, with a median of -$3.9 million in 2025.
- Biggest YoY gain for EBITDA was 1312.63% in 2023; the steepest drop was 1344.49% in 2023.
- A 5-year view of EBITDA shows it stood at $3.2 million in 2022, then slumped by 1344.49% to -$39.5 million in 2023, then soared by 72.96% to -$10.7 million in 2024, then soared by 63.86% to -$3.9 million in 2025, then sank by 148.06% to -$9.6 million in 2026.
- The last three EBITDA figures came in at -$9.6 million (Q1 2026), -$3.9 million (Q4 2025), and $4.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 245.47 Mn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | -156.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 382.38 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 154.24 Mn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 215.55 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | -83.17 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 179.14 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | -11.91 Mn |
| 10 | Ares Commercial Real Estate | 276.06 Mn | 189.89 Mn | - | -9.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.58 Mn |
| Dec 31, 2025 | -3.86 Mn |
| Sep 30, 2025 | 4.65 Mn |
| Jun 30, 2025 | -11.04 Mn |
| Mar 31, 2025 | 9.63 Mn |
| Dec 31, 2024 | -10.68 Mn |
| Sep 30, 2024 | -5.88 Mn |
| Jun 30, 2024 | -6.13 Mn |
| Mar 31, 2024 | -12.32 Mn |
| Dec 31, 2023 | -39.50 Mn |
| Sep 30, 2023 | 9.17 Mn |
| Jun 30, 2023 | -2.24 Mn |
| Mar 31, 2023 | -6.33 Mn |
| Dec 31, 2022 | 3.17 Mn |
| Sep 30, 2022 | 649,000.00 |
| Jun 30, 2022 | 10.13 Mn |
| Mar 31, 2022 | 16.31 Mn |
| Dec 31, 2021 | 17.28 Mn |
| Sep 30, 2021 | 9.95 Mn |
| Jun 30, 2021 | 18.02 Mn |