Ares Commercial Real Estate (ACRE) Revenue & Revenue Breakdown


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Ares Commercial Real Estate Revenue Highlights


Latest Revenue (Y)

$92.93M

Latest Revenue (Q)

$16.80M

Ares Commercial Real Estate Revenue by Period


Ares Commercial Real Estate Revenue by Year

DateRevenueChange
2023-12-31$92.93M-14.78%
2022-12-31$109.05M6.84%
2021-12-31$102.07M29.71%
2020-12-31$78.69M1.85%
2019-12-31$77.26M39.75%
2018-12-31$55.28M19.28%
2017-12-31$46.35M2.75%
2016-12-31$45.11M-46.50%
2015-12-31$84.31M32.20%
2014-12-31$63.78M88.83%
2013-12-31$33.77M409.97%
2012-12-31$6.62M-

Ares Commercial Real Estate generated $92.93M in revenue during NA 2023, up -14.78% compared to the previous quarter, and up 168.09% compared to the same period a year ago.

Ares Commercial Real Estate Revenue by Quarter

DateRevenueChange
2024-06-30$16.80M841.01%
2024-03-31$1.78M-96.24%
2023-12-31$47.51M98.92%
2023-09-30$23.88M-4.43%
2023-06-30$24.99M19.64%
2023-03-31$20.89M-31.31%
2022-12-31$30.41M11.50%
2022-09-30$27.27M8.45%
2022-06-30$25.15M-4.10%
2022-03-31$26.22M-12.92%
2021-12-31$30.11M10.69%
2021-09-30$27.20M15.61%
2021-06-30$23.53M10.87%
2021-03-31$21.22M0.08%
2020-12-31$21.21M-5.18%
2020-09-30$22.36M59.93%
2020-06-30$13.98M-33.83%
2020-03-31$21.13M-2.07%
2019-12-31$21.58M8.73%
2019-09-30$19.85M-8.43%
2019-06-30$21.68M53.10%
2019-03-31$14.16M-2.53%
2018-12-31$14.53M3.87%
2018-09-30$13.98M2.55%
2018-06-30$13.64M3.80%
2018-03-31$13.14M20.83%
2017-12-31$10.87M-26.17%
2017-09-30$14.73M41.45%
2017-06-30$10.41M0.70%
2017-03-31$10.34M-18.01%
2016-12-31$12.61M7.25%
2016-09-30$11.76M11.83%
2016-06-30$10.51M-28.85%
2016-03-31$14.78M-29.43%
2015-12-31$20.94M-12.01%
2015-09-30$23.80M9.64%
2015-06-30$21.71M21.46%
2015-03-31$17.87M-13.97%
2014-12-31$20.77M61.10%
2014-09-30$12.89M-20.56%
2014-06-30$16.23M16.98%
2014-03-31$13.88M14.19%
2013-12-31$12.15M6.61%
2013-09-30$11.40M66.53%
2013-06-30$6.84M102.75%
2013-03-31$3.38M51.66%
2012-12-31$2.23M17.84%
2012-09-30$1.89M21.17%
2012-06-30$1.56M64.28%
2012-03-31$949.00K-

Ares Commercial Real Estate generated $16.80M in revenue during Q2 2024, up 841.01% compared to the previous quarter, and up 80.41% compared to the same period a year ago.

Ares Commercial Real Estate Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ARIApollo Commercial Real Estate Finance$344.59M$81.11M
ORCOrchid Island Capital$181.22M$53.16M
ARRARMOUR Residential REIT$150.48M-
DXDynex Capital$99.70M$115.68M
ACREAres Commercial Real Estate$92.93M$16.80M
TRTXTPG RE Finance Trust$27.70M$11.78M
NREFNexPoint Real Estate Finance$16.80M$2.04M
EARNEllington Residential Mortgage REIT$13.01M$12.71M
CHMICherry Hill Mortgage Investment-$34.34M
EFCEllington Financial-$110.50M
TWOTwo Harbors Investment$-556.75M$-24.33M

ACRE Revenue FAQ


Ares Commercial Real Estate's yearly revenue for 2023 was $92.93M, representing a decrease of -14.78% compared to 2022. The company's yearly revenue for 2022 was $109.05M, representing an increase of 6.84% compared to 2021. ACRE's yearly revenue for 2021 was $102.07M, representing an increase of 29.71% compared to 2020.

Ares Commercial Real Estate's quarterly revenue for Q2 2024 was $16.8M, a 841.01% increase from the previous quarter (Q1 2024), and a -32.79% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.78M, a -96.24% decrease from the previous quarter (Q4 2023), and a -91.45% decrease year-over-year (Q1 2023). ACRE's quarterly revenue for Q4 2023 was $47.51M, a 98.92% increase from the previous quarter (Q3 2023), and a 56.24% increase year-over-year (Q4 2022).

Ares Commercial Real Estate's revenue growth rate for the last 3 years (2021-2023) was -8.96%, and for the last 5 years (2019-2023) was 20.28%.