Ares Commercial Real Estate (ACRE) Total Debt (2012 - 2026)

Ares Commercial Real Estate's (ACRE) quarterly Total Debt came in at $1.2 billion in Q1 2026, up 898.08% year-on-year from $118.4 million in Q1 2025, and up 37.75% quarter-over-quarter from $858.2 million in Q4 2025.

Ares Commercial Real Estate (ACRE) Total Debt (2012 - 2026) Analysis & Trends

Ares Commercial Real Estate's Total Debt history runs 15 years deep, the most recent figure standing at $1.2 billion for Q1 2026.

  • On a quarterly basis, Total Debt rose 898.08% year-over-year to $1.2 billion in Q1 2026; TTM through Mar 2026 was $1.2 billion, a 898.08% increase from a year earlier, with the FY2025 full-year figure at $858.2 million, up 570.13% from the prior year.
  • Total Debt climbed to $1.2 billion in Q1 2026 per ACRE's latest filing, from $858.2 million in the prior quarter.
  • Across five years, Total Debt topped out at $1.2 billion in Q1 2026 and bottomed at $22.6 million in Q1 2022.
  • The 5-year median for Total Debt is $113.6 million (2025), against an average of $322.1 million.
  • Across the five-year window, Total Debt tumbled 93.53% in 2022 and jumped 2984.94% in 2023, its largest moves.
  • Year by year, Total Debt stood at $104.5 million in 2022, then climbed by 0.19% to $104.7 million in 2023, then gained by 22.36% to $128.1 million in 2024, then soared by 570.13% to $858.2 million in 2025, then surged by 37.75% to $1.2 billion in 2026.
  • Per Business Quant, the three latest ACRE Total Debt figures stand at $1.2 billion (Q1 2026), $858.2 million (Q4 2025), and $99.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 1.10 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - 87.62 Bn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 18.85 Bn
4 Rithm Capital 5.01 Bn 5.01 Bn - -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 782.22 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 264.44 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 19.44 Bn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 111.20 Mn
10 Ares Commercial Real Estate 250.06 Mn 201.89 Mn - 1.18 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.18 Bn
Dec 31, 2025 858.18 Mn
Sep 30, 2025 99.09 Mn
Jun 30, 2025 108.78 Mn
Mar 31, 2025 118.44 Mn
Dec 31, 2024 128.06 Mn
Sep 30, 2024 640.61 Mn
Jun 30, 2024 625.94 Mn
Mar 31, 2024 104.71 Mn
Dec 31, 2023 104.66 Mn
Sep 30, 2023 104.61 Mn
Jun 30, 2023 104.56 Mn
Mar 31, 2023 698.15 Mn
Dec 31, 2022 104.46 Mn
Jun 30, 2022 149.11 Mn
Mar 31, 2022 22.63 Mn
Dec 31, 2021 50.36 Mn
Sep 30, 2021 656.01 Mn
Jun 30, 2021 60.00 Mn
Mar 31, 2021 349.58 Mn