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| Date | Value |
|---|---|
| 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 |