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

Ares Commercial Real Estate's (ACRE) quarterly EBT came in at -$9.6 million in Q1 2026, down 199.47% year-on-year from $9.6 million in Q1 2025, and down 148.06% quarter-over-quarter from -$3.9 million in Q4 2025.

Ares Commercial Real Estate (ACRE) EBT (2012 - 2026) Analysis & Trends

Ares Commercial Real Estate's EBT history runs 15 years deep, the most recent figure standing at -$9.6 million for Q1 2026.

  • On a quarterly basis, EBT fell 199.47% year-over-year to -$9.6 million in Q1 2026; TTM through Mar 2026 was -$19.8 million, a 51.71% decrease from a year earlier, with the FY2025 full-year figure at -$617000.0, up 98.24% from the prior year.
  • EBT retreated to -$9.6 million in Q1 2026 per ACRE's latest filing, from -$3.9 million in the prior quarter.
  • Across five years, EBT topped out at $16.3 million in Q1 2022 and bottomed at -$39.5 million in Q4 2023.
  • The 5-year median for EBT is -$3.9 million (2025), against an average of -$3.2 million.
  • Biggest YoY gain for EBT was 1312.63% in 2023; the steepest drop was 1344.49% in 2023.
  • Year by year, EBT stood at $3.2 million in 2022, then plunged 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 tumbled by 148.06% to -$9.6 million in 2026.
  • Per Business Quant, the three latest ACRE EBT figures stand at -$9.6 million (Q1 2026), -$3.9 million (Q4 2025), and $4.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 289.00 Mn
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 53.48 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 154.24 Mn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -5.18 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 90.90 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 - 36.35 Mn
10 Ares Commercial Real Estate 250.06 Mn 201.89 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