Ares Commercial Real Estate (ACRE) Payables (2011 - 2026)
Ares Commercial Real Estate (ACRE) posted Payables of $12.66 million for the quarter ended Jun 30, 2026, up 1.2% from $12.51 million a year earlier and up 1.0% from the prior quarter.
Ares Commercial Real Estate (ACRE) Payables (2011 - 2026) Analysis & Trends
As of Dec 31, 2025, Ares Commercial Real Estate's Payables came in at $12.5 million, down 29.4% from the prior year.
- Annual Payables has declined for three consecutive years, though with a five-year compound annual growth rate of 2.4% (years ended Dec 2020 to Dec 2025).
- In prior years, Ares Commercial Real Estate's Payables was $17.71 million in the year ended Dec 31, 2024 (-20.8%), $22.36 million in the year ended Dec 31, 2023 (-10.3%), $24.93 million in the year ended Dec 31, 2022 (+49.5%) and $16.67 million in the year ended Dec 31, 2021 (+49.9%).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Payables since the quarter ended Dec 31, 2024.
- On a year-over-year basis, Payables increased in 1 of the last eight quarters, with an average decline of 18.0%.
- The strongest year-over-year quarter for Payables in the past five years was the quarter ended Dec 31, 2021, with growth of 49.9%; the weakest was the quarter ended Jun 30, 2025, with a decline of 31.8%.
- According to Business Quant data, Payables for the three prior quarters was $12.53 million (quarter ended Mar 31, 2026), $12.5 million (quarter ended Dec 31, 2025) and $12.33 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 4.17 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 5.70 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 35.57 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 84.65 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 44.90 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 821.80 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 167.00 Mn |
| 10 | Ares Commercial Real Estate | 213.60 Mn | -4.28 Mn | - | 12.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.66 Mn |
| Mar 31, 2026 | 12.53 Mn |
| Dec 31, 2025 | 12.50 Mn |
| Sep 30, 2025 | 12.33 Mn |
| Jun 30, 2025 | 12.51 Mn |
| Mar 31, 2025 | 12.55 Mn |
| Dec 31, 2024 | 17.71 Mn |
| Sep 30, 2024 | 17.92 Mn |
| Jun 30, 2024 | 18.34 Mn |
| Mar 31, 2024 | 18.08 Mn |
| Dec 31, 2023 | 22.36 Mn |
| Sep 30, 2023 | 18.08 Mn |
| Jun 30, 2023 | 19.18 Mn |
| Mar 31, 2023 | 19.35 Mn |
| Dec 31, 2022 | 24.93 Mn |
| Sep 30, 2022 | 19.20 Mn |
| Jun 30, 2022 | 19.20 Mn |
| Mar 31, 2022 | 16.74 Mn |
| Dec 31, 2021 | 16.67 Mn |
| Sep 30, 2021 | 16.52 Mn |
Ares Commercial Real Estate Payables 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=payables&ticker=ACRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=ACRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();