Ares Commercial Real Estate (ACRE) EV to EBIT (2013 - 2023)
Ares Commercial Real Estate's EV to EBIT came in at 120.55 for the quarter ended Sep 30, 2023, up 988.0% from 11.08 a year earlier.
Ares Commercial Real Estate (ACRE) EV to EBIT (2013 - 2023) Analysis & Trends
Over the trailing twelve months to Sep 30, 2023, Ares Commercial Real Estate reported EV to EBIT of 4.43, down 51.0% year-over-year; for the year ended Dec 31, 2022, it was 13.85, up 33.4% from the prior year.
- Going back by year, EV to EBIT was 10.38 in the year ended Dec 31, 2021 (-28.8%), 14.58 in the year ended Dec 31, 2020 (+21.0%), 12.05 in the year ended Dec 31, 2019 (+29.3%) and 9.32 in the year ended Dec 31, 2018 (-16.2%).
- The figure for the quarter ended Sep 30, 2023 represents the highest quarterly EV to EBIT in data going back to the quarter ended Mar 31, 2013.
- Year-over-year, EV to EBIT increased in five of the last seven quarters, with growth averaging 190.6%.
- The fastest year-over-year change in EV to EBIT over five years came in the quarter ended Sep 30, 2023 (growth of 988.0%), and the weakest in the quarter ended Jun 30, 2021 (a decline of 51.7%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | Ares Commercial Real Estate | 213.60 Mn | -4.28 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 120.55 |
| Mar 31, 2023 | 44.94 |
| Dec 31, 2022 | 13.85 |
| Sep 30, 2022 | 11.08 |
| Jun 30, 2022 | 11.93 |
| Mar 31, 2022 | 11.73 |
| Dec 31, 2021 | 10.38 |
| Sep 30, 2021 | 11.89 |
| Jun 30, 2021 | 9.69 |
| Mar 31, 2021 | 8.26 |
| Dec 31, 2020 | 14.58 |
| Sep 30, 2020 | 12.73 |
| Jun 30, 2020 | 20.05 |
| Mar 31, 2020 | 13.69 |
| Dec 31, 2019 | 12.05 |
| Sep 30, 2019 | 11.45 |
| Jun 30, 2019 | 10.90 |
| Mar 31, 2019 | 11.11 |
| Dec 31, 2018 | 9.32 |
| Sep 30, 2018 | 11.25 |
Ares Commercial Real Estate EV to EBIT 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=ev-to-ebit&ticker=ACRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=ACRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();