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
DateValue
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