Ares Commercial Real Estate (ACRE) Payout Ratio (2013 - 2023)
Ares Commercial Real Estate's (ACRE) Payout Ratio came in at 22.30 for the quarter ended Sep 30, 2023, compared with 1.57 a year earlier.
Ares Commercial Real Estate (ACRE) Payout Ratio (2013 - 2023) Analysis & Trends
For the year ended Dec 31, 2022, Ares Commercial Real Estate's Payout Ratio stood at 2.41, up 149.5% from the prior year.
- In prior years, Ares Commercial Real Estate's Payout Ratio was 0.97 in the year ended Dec 31, 2021 (-50.6%), 1.96 in the year ended Dec 31, 2020 (+93.2%), 1.01 in the year ended Dec 31, 2019 (+21.9%) and 0.83 in the year ended Dec 31, 2018 (-17.2%).
- The figure for the quarter ended Sep 30, 2023 stands as the highest quarterly Payout Ratio in data going back to the quarter ended Sep 30, 2013.
- On a year-over-year basis, Payout Ratio increased in five of the last six quarters, with growth averaging 192.8%.
- The strongest year-over-year quarter for Payout Ratio in the past five years was the quarter ended Mar 31, 2023, with growth of 892.7%; the weakest was the quarter ended Jun 30, 2021, with a decline of 78.6%.
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 | 22.30 |
| Mar 31, 2023 | 10.42 |
| Dec 31, 2022 | 2.41 |
| Sep 30, 2022 | 1.57 |
| Jun 30, 2022 | 1.25 |
| Mar 31, 2022 | 1.05 |
| Dec 31, 2021 | 0.97 |
| Sep 30, 2021 | 0.92 |
| Jun 30, 2021 | 0.76 |
| Mar 31, 2021 | 0.81 |
| Dec 31, 2020 | 1.96 |
| Sep 30, 2020 | 2.41 |
| Jun 30, 2020 | 3.54 |
| Mar 31, 2020 | 3.41 |
| Dec 31, 2019 | 1.01 |
| Sep 30, 2019 | 0.97 |
| Jun 30, 2019 | 0.91 |
| Mar 31, 2019 | 0.88 |
| Dec 31, 2018 | 0.83 |
| Sep 30, 2018 | 0.91 |
Ares Commercial Real Estate Payout Ratio 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=payout-ratio&ticker=ACRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=ACRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();