Ares Commercial Real Estate (ACRE) Tax Rate (2013 - 2026)
Ares Commercial Real Estate's Tax Rate came in at 3.05% for the quarter ended Jun 30, 2026, up 3.37 percentage points from the prior quarter.
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Analysis
Ares Commercial Real Estate (ACRE) Tax Rate (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ares Commercial Real Estate reported Tax Rate of -4.04%, down 2.58 percentage points year-over-year; for the year ended Dec 31, 2025, it was -46.19%, down 46.24 percentage points from the prior year.
- Tax Rate has declined in each of the last three years, with a five-year change of -47.78 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Tax Rate was 0.05% in the year ended Dec 31, 2024 (-0.05 pp), 0.10% in the year ended Dec 31, 2023 (-1.46 pp), 1.56% in the year ended Dec 31, 2022 (+0.38 pp) and 1.18% in the year ended Dec 31, 2021 (-0.41 pp).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Tax Rate since the quarter ended Dec 31, 2022.
- Year-over-year, Tax Rate increased in two of the last six quarters, with an average year-over-year change of -0.08 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in the quarter ended Dec 31, 2022 (a gain of 7.57 percentage points), and the weakest in the quarter ended Dec 31, 2023 (a drop of 8.10 percentage points).
- Business Quant data shows ACRE's Tax Rate at -0.31% (quarter ended Mar 31, 2026), -0.13% (quarter ended Dec 31, 2025) and -0.02% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 18.51% |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 30.92% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 20.18% |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 25.38% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 0.83% |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Ares Commercial Real Estate | 213.60 Mn | -4.28 Mn | - | 3.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.05% |
| Mar 31, 2025 | 2.92% |
| Dec 31, 2022 | 8.32% |
| Sep 30, 2022 | 0.77% |
| Jun 30, 2022 | 0.97% |
| Mar 31, 2022 | 0.64% |
| Dec 31, 2021 | 0.75% |
| Jun 30, 2021 | 2.26% |
| Mar 31, 2021 | 1.16% |
| Dec 31, 2020 | 0.01% |
| Sep 30, 2020 | 1.20% |
| Jun 30, 2020 | 1.61% |
| Dec 31, 2019 | 1.86% |
| Sep 30, 2019 | 0.21% |
| Jun 30, 2019 | 2.19% |
| Mar 31, 2019 | 1.11% |
| Dec 31, 2018 | 0.43% |
| Sep 30, 2018 | 2.32% |
| Jun 30, 2018 | 0.92% |
| Mar 31, 2018 | 0.86% |
API Access
Ares Commercial Real Estate Tax Rate 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=tax-rate&ticker=ACRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ACRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();