Ares Commercial Real Estate (ACRE) Non-Current Debt (2011 - 2026)

Ares Commercial Real Estate (ACRE) recorded quarterly Non-Current Debt of $1.2 billion in Q1 2026, up 37.75% quarter-over-quarter from $858.2 million in Q4 2025, and up 75.28% on a YoY basis from $674.4 million in Q1 2025.

Ares Commercial Real Estate (ACRE) Non-Current Debt (2011 - 2026) Analysis & Trends

Ares Commercial Real Estate's Non-Current Debt history runs 16 years deep, the most recent figure standing at $1.2 billion for Q1 2026.

  • In Q1 2026, Non-Current Debt rose 75.28% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $1.2 billion (up 75.28% YoY), while the FY2025 annual figure was $858.2 million, up 45.83% from the prior year.
  • Non-Current Debt was $1.2 billion for Q1 2026 at Ares Commercial Real Estate, up from $858.2 million in the prior quarter.
  • In the past five years, Non-Current Debt ranged from a high of $1.2 billion in Q1 2026 to a low of $4.9 million in Q3 2022.
  • Historically, Non-Current Debt has averaged $467.6 million across 5 years, with a median of $593.0 million in 2025.
  • The sharpest annual moves came in 2022 and 2023: Non-Current Debt slumped 91.86% in 2022, then soared 2960.96% in 2023.
  • A 5-year view of Non-Current Debt shows it stood at $705.2 million in 2022, then slumped by 78.82% to $149.4 million in 2023, then soared by 293.91% to $588.5 million in 2024, then soared by 45.83% to $858.2 million in 2025, then surged by 37.75% to $1.2 billion in 2026.
  • The last three Non-Current Debt figures came in at $1.2 billion (Q1 2026), $858.2 million (Q4 2025), and $593.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 30.72 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - 87.60 Bn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 4.29 Bn
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 782.22 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 18.46 Bn
8 Ellington Financial 1.67 Bn 1.39 Bn - -
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 111.20 Mn
10 Ares Commercial Real Estate 276.06 Mn 189.89 Mn - 1.18 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.18 Bn
Mar 31, 2026 1.18 Bn
Dec 31, 2025 858.18 Mn
Dec 31, 2025 858.18 Mn
Sep 30, 2025 593.05 Mn
Sep 30, 2025 593.05 Mn
Jun 30, 2025 108.78 Mn
Jun 30, 2025 108.78 Mn
Mar 31, 2025 674.41 Mn
Mar 31, 2025 674.41 Mn
Dec 31, 2024 588.47 Mn
Dec 31, 2024 588.47 Mn
Sep 30, 2024 127.83 Mn
Sep 30, 2024 127.83 Mn
Jun 30, 2024 625.94 Mn
Jun 30, 2024 625.94 Mn
Mar 31, 2024 630.30 Mn
Mar 31, 2024 630.30 Mn
Dec 31, 2023 149.39 Mn
Dec 31, 2023 149.39 Mn