Ares Commercial Real Estate (ACRE) EBITDA (2012 - 2026)

Ares Commercial Real Estate's (ACRE) quarterly EBITDA came in at -$8.0 million in Q1 2026, down 165.05% year-on-year from $12.3 million in Q1 2025, and down 275.99% quarter-over-quarter from $4.5 million in Q4 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 -$8.0 million for Q1 2026.

  • On a quarterly basis, EBITDA fell 165.05% year-over-year to -$8.0 million in Q1 2026; TTM through Mar 2026 was -$6.8 million, a 29.09% decrease from a year earlier, with the FY2025 full-year figure at $60.4 million, down 10.83% from the prior year.
  • EBITDA declined to -$8.0 million in Q1 2026 per ACRE's latest filing, from $4.5 million in the prior quarter.
  • Across five years, EBITDA topped out at $16.3 million in Q1 2022 and bottomed at -$28.7 million in Q4 2023.
  • The 5-year median for EBITDA is -$2.2 million (2023), against an average of -$1.3 million.
  • Biggest YoY gain for EBITDA was 1320.49% in 2023; the steepest drop was 1002.71% in 2023.
  • Year by year, EBITDA stood at $3.2 million in 2022, then sank by 1002.71% to -$28.7 million in 2023, then surged by 73.38% to -$7.6 million in 2024, then surged by 159.47% to $4.5 million in 2025, then tumbled by 275.99% to -$8.0 million in 2026.
  • Per Business Quant, the three latest ACRE EBITDA figures stand at -$8.0 million (Q1 2026), $4.5 million (Q4 2025), and $7.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 1.56 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 382.38 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 598.90 Mn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 215.55 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 188.28 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 167.51 Mn
10 Ares Commercial Real Estate 250.06 Mn 201.89 Mn - -7.98 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -7.98 Mn
Dec 31, 2025 4.54 Mn
Sep 30, 2025 7.30 Mn
Jun 30, 2025 -10.66 Mn
Mar 31, 2025 12.27 Mn
Dec 31, 2024 -7.63 Mn
Sep 30, 2024 -5.39 Mn
Jun 30, 2024 -4.52 Mn
Mar 31, 2024 -12.28 Mn
Dec 31, 2023 -28.65 Mn
Sep 30, 2023 9.22 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