Ares Commercial Real Estate (ACRE) Total Liabilities (2011 - 2026)
Ares Commercial Real Estate's Total Liabilities was $1.33 billion in the quarter ended Jun 30, 2026, up 45.2% from $914.94 million a year earlier but down 1.2% from the prior quarter.
Ares Commercial Real Estate (ACRE) Total Liabilities (2011 - 2026) Analysis & Trends
As of Dec 31, 2025, Total Liabilities at Ares Commercial Real Estate came in at $1.11 billion, down 8.5% from the prior year.
- Total Liabilities has now declined for four consecutive years, with a five-year compound annual growth rate of -5.3% (years ended Dec 2020 to Dec 2025).
- In earlier years, Total Liabilities was $1.21 billion in the year ended Dec 31, 2024 (-26.8%), $1.65 billion in the year ended Dec 31, 2023 (-6.8%), $1.78 billion in the year ended Dec 31, 2022 (-9.1%) and $1.95 billion in the year ended Dec 31, 2021 (+34.1%).
- Quarterly Total Liabilities has moved between $870.89 million (the quarter ended Sep 30, 2025) and $1.96 billion (the quarter ended Sep 30, 2022) over five years.
- Compared with a year earlier, Total Liabilities was higher in two of the last eight quarters, with an average decline of 10.1%.
- The best year-over-year quarter for Total Liabilities over five years was the quarter ended Jun 30, 2026 (growth of 45.2%); the worst was the quarter ended Jun 30, 2025 (a decline of 38.5%).
- Per Business Quant data, ACRE's Total Liabilities in the three quarters before the quarter ended Jun 30, 2026 was $1.34 billion (quarter ended Mar 31, 2026), $1.11 billion (quarter ended Dec 31, 2025) and $870.89 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 37.43 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 84.49 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 10.03 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 4,215.85 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 10.31 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 105.03 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 1.82 Bn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 126.76 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 16.61 Bn |
| 10 | Ares Commercial Real Estate | 213.60 Mn | -4.28 Mn | - | 1.33 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.33 Bn |
| Mar 31, 2026 | 1.34 Bn |
| Dec 31, 2025 | 1.11 Bn |
| Sep 30, 2025 | 870.89 Mn |
| Jun 30, 2025 | 914.94 Mn |
| Mar 31, 2025 | 977.48 Mn |
| Dec 31, 2024 | 1.21 Bn |
| Sep 30, 2024 | 1.38 Bn |
| Jun 30, 2024 | 1.49 Bn |
| Mar 31, 2024 | 1.51 Bn |
| Dec 31, 2023 | 1.65 Bn |
| Sep 30, 2023 | 1.68 Bn |
| Jun 30, 2023 | 1.71 Bn |
| Mar 31, 2023 | 1.73 Bn |
| Dec 31, 2022 | 1.78 Bn |
| Sep 30, 2022 | 1.96 Bn |
| Jun 30, 2022 | 1.91 Bn |
| Mar 31, 2022 | 1.83 Bn |
| Dec 31, 2021 | 1.95 Bn |
| Sep 30, 2021 | 1.79 Bn |
Ares Commercial Real Estate Total Liabilities 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=total-liabilities&ticker=ACRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=ACRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();