Ares Commercial Real Estate (ACRE) Shares Outstanding (2011 - 2026)
Ares Commercial Real Estate's Shares Outstanding came in at 55.37 million for the quarter ended Jun 30, 2026, up 0.9% from 54.86 million a year earlier and up 0.1% from the prior quarter.
Ares Commercial Real Estate (ACRE) Shares Outstanding (2011 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Ares Commercial Real Estate's Shares Outstanding was 54.89 million, up 0.8% from the prior year.
- Shares Outstanding has increased in each of the last nine years, with a five-year compound annual growth rate of 10.7% (years ended Dec 2020 to Dec 2025).
- Going back by year, Shares Outstanding was 54.45 million in the year ended Dec 31, 2024 (+0.3%), 54.28 million in the year ended Dec 31, 2023 (+5.0%), 51.68 million in the year ended Dec 31, 2022 (+21.9%) and 42.4 million in the year ended Dec 31, 2021 (+28.6%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Shares Outstanding in data going back to the quarter ended Dec 31, 2011.
- Year-over-year, Shares Outstanding has increased for nine consecutive quarters, with growth averaging 0.8% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding over five years came in the quarter ended Sep 30, 2021 (growth of 40.9%), and the weakest in the quarter ended Sep 30, 2023 (a decline of 0.6%).
- Business Quant data shows ACRE's Shares Outstanding at 55.32 million (quarter ended Mar 31, 2026), 54.89 million (quarter ended Dec 31, 2025) and 54.9 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.84 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 445.06 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.87 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 335.16 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 331.30 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 84.78 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 738.93 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | Ares Commercial Real Estate | 213.60 Mn | -4.28 Mn | - | 55.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.37 Mn |
| Mar 31, 2026 | 55.32 Mn |
| Dec 31, 2025 | 54.89 Mn |
| Sep 30, 2025 | 54.90 Mn |
| Jun 30, 2025 | 54.86 Mn |
| Mar 31, 2025 | 54.83 Mn |
| Dec 31, 2024 | 54.45 Mn |
| Sep 30, 2024 | 54.46 Mn |
| Jun 30, 2024 | 54.43 Mn |
| Mar 31, 2024 | 54.40 Mn |
| Dec 31, 2023 | 54.28 Mn |
| Sep 30, 2023 | 54.09 Mn |
| Jun 30, 2023 | 54.35 Mn |
| Mar 31, 2023 | 54.59 Mn |
| Dec 31, 2022 | 51.68 Mn |
| Sep 30, 2022 | 54.42 Mn |
| Jun 30, 2022 | 50.56 Mn |
| Mar 31, 2022 | 47.20 Mn |
| Dec 31, 2021 | 42.40 Mn |
| Sep 30, 2021 | 46.96 Mn |
Ares Commercial Real Estate Shares Outstanding 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=shares-outstanding&ticker=ACRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=ACRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();