Ares Commercial Real Estate (ACRE) Total Non-Current Liabilities (2011 - 2026)
Ares Commercial Real Estate (ACRE) reported Total Non-Current Liabilities of $1.28 billion for the quarter ended Jun 30, 2026, up 41.6% from $900.72 million a year earlier but down 0.7% from the prior quarter.
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Analysis
Ares Commercial Real Estate (ACRE) Total Non-Current Liabilities (2011 - 2026) Analysis & Trends
As of Dec 31, 2025, Ares Commercial Real Estate posted Total Non-Current Liabilities of $1.06 billion, down 10.9% from the prior year.
- Total Non-Current Liabilities has declined for four consecutive years, with a five-year compound annual growth rate of -6.0% (years ended Dec 2020 to Dec 2025).
- By year, Total Non-Current Liabilities came in at $1.19 billion in the year ended Dec 31, 2024 (-27.4%), $1.64 billion in the year ended Dec 31, 2023 (-6.9%), $1.76 billion in the year ended Dec 31, 2022 (-9.4%) and $1.94 billion in the year ended Dec 31, 2021 (+34.5%).
- Five-year quarterly Total Non-Current Liabilities spans a low of -$458.78 million in the quarter ended Sep 30, 2023 and a high of $1.95 billion in the quarter ended Sep 30, 2022.
- Year over year, Total Non-Current Liabilities gained in two of the last seven quarters, with an average decline of 11.0%.
- The high point for year-over-year Total Non-Current Liabilities in five years was the quarter ended Jun 30, 2026 (growth of 41.6%); the low point was the quarter ended Sep 30, 2025 (a decline of 39.6%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $1.28 billion (quarter ended Mar 31, 2026), $1.06 billion (quarter ended Dec 31, 2025) and $822.22 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 77.86 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 9.32 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 4,200.68 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 10.25 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 105.01 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 1.76 Bn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 126.51 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 16.51 Bn |
| 10 | Ares Commercial Real Estate | 213.60 Mn | -4.28 Mn | - | 1.28 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.28 Bn |
| Mar 31, 2026 | 1.28 Bn |
| Dec 31, 2025 | 1.06 Bn |
| Sep 30, 2025 | 822.22 Mn |
| Jun 30, 2025 | 900.72 Mn |
| Mar 31, 2025 | 957.36 Mn |
| Dec 31, 2024 | 1.19 Bn |
| Sep 30, 2024 | 1.36 Bn |
| Jun 30, 2024 | 1.47 Bn |
| Mar 31, 2024 | 1.50 Bn |
| Dec 31, 2023 | 1.64 Bn |
| Sep 30, 2023 | -458.78 Mn |
| Jun 30, 2023 | -243.18 Mn |
| Mar 31, 2023 | 1.71 Bn |
| Dec 31, 2022 | 1.76 Bn |
| Sep 30, 2022 | 1.95 Bn |
| Jun 30, 2022 | 1.90 Bn |
| Mar 31, 2022 | 1.82 Bn |
| Dec 31, 2021 | 1.94 Bn |
| Sep 30, 2021 | 1.78 Bn |
API Access
Ares Commercial Real Estate Total Non-Current 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-non-current-liabilities&ticker=ACRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-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-non-current-liabilities&ticker=ACRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();