ACRE - NYSE
Ares Commercial Real Estate Corporation
$4.89
-2.8%Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. The company provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. It originates senior mortgage loans, subordinate debt products, mezzanine loans, real estate preferred equity investments, and other CRE investments, including commercial mortgage backed securities. The company has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Management LLC operates as the manager of the company. The company was incorporated in 2011 and is based in New York, New York.
At a Glance
Live SnapshotAres Commercial Real Estate Corporation Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Cash Flow Quality Insight
Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.
Ares Commercial Real Estate Corporation Cash Flow Statement
ACRE • NYSE
| Ares Commercial Real Estate Corporation Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||
-902K | -35M | -38.9M | 29.8M | 60.5M | 21.8M | 37M | 38.6M | 30.4M | 34.7M | 43.3M | 24.6M | 13.8M | 860K | |
4.6M | 5.4M | 0.0 | 0.0 | 9.9M | 892K | 667K | 5.7M | 7.6M | 167K | 219K | 160K | 38K | 698K | |
0.0 | 0.0 | 0.0 | 0.0 | -9.9M | 23.3M | -667K | -5.7M | -6.8M | 2M | 2.1M | 93K | 61K | -601K | |
3.9M | 4.7M | 4M | 2.9M | 1.9M | 1.3M | 1.9M | 1.1M | 581K | 312K | 835K | 939K | 524K | 338K | |
18.2M | 66.2M | 101.2M | 39.6M | 2.3M | -104K | 223K | -1.2M | 1M | -71.9M | 166.3M | -192.6M | 10.5M | 298K | |
(0.0) | (0.0) | (375K) | (250K) | (1.4M) | (399K) | (668K) | (360K) | (240K) | (0.0) | (83K) | (430K) | (0.0) | (0.0) | |
-4.5M | -5.8M | -19.5M | -15.1M | -16.3M | -15.5M | -6.6M | 749K | -1.5M | 43.3M | 62.7M | -56.2M | 558K | 359K | |
21.4M | 35.5M | 46.8M | 57.2M | 48.4M | 31.8M | 32.5M | 39.2M | 31.3M | 8.5M | 275.5M | -222.9M | 25.4M | 2M | |
INVESTING ACTIVITIES | ||||||||||||||
(0.0) | (0.0) | (0.0) | (0.0) | -144K | -274K | -1.7M | (0.0) | (0.0) | -354K | -604K | -3.1M | -41K | (0.0) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (90M) | (0.0) | (0.0) | -58.3M | (0.0) | |
(0.0) | (0.0) | (0.0) | -27.9M | -150K | -274K | -1.7M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
0.0 | 0.0 | 0.0 | 2.1M | 0.0 | 0.0 | 0.0 | 0.0 | 12K | 11K | 5.7M | 0.0 | 0.0 | 0.0 | |
148.1M | 427.9M | 127.5M | 219M | -699.4M | -81.3M | -171.1M | 157.9M | -405.8M | -133.3M | 258.3M | -430M | -687.4M | -348.2M | |
(148.1M) | (427.9M) | (127.5M) | (193.2M) | -699.7M | -81.9M | -174.4M | (157.9M) | -405.8M | -43.3M | (258.3M) | -433.1M | -745.7M | -348.2M | |
FINANCING ACTIVITIES | ||||||||||||||
0.0 | 0.0 | -4.6M | 106.3M | 204.8M | 73.2M | 0.0 | 0.0 | 0.0 | -1.4M | 0.0 | 0.0 | 250.7M | 165.9M | |
-129.6M | -444.2M | -120.5M | -189.5M | 494.2M | 94.1M | 179.4M | -180M | 405.2M | 150.4M | -472.9M | 614.3M | 500.7M | 213.3M | |
-39M | -59.6M | -76M | -71.8M | -58.4M | -42.8M | -37.5M | -32.1M | -30.5M | -29.4M | -28.6M | -28.6M | -18.6M | -1.7M | |
(0.0) | (0.0) | -4.6M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -1.4M | (0.0) | (0.0) | (0.0) | -6.3M | |
0.0 | -3.7M | -4M | -4.6M | -13.4M | -5.4M | -5.8M | -2.3M | -19.1M | -46.5M | -40M | 66.8M | -15.9M | -8.5M | |
-168.6M | -507.6M | -205.1M | -159.7M | 627.2M | 119.2M | 136.1M | -214.4M | 355.6M | 73.1M | -541.4M | 652.4M | 717M | 368.4M | |
CASH FLOW SUMMARY | ||||||||||||||
863K | -44.2M | -30.8M | 90.7M | -24.2M | 69.1M | -5.8M | -17.3M | -18.9M | 38.3M | -7.6M | -3.5M | -3.3M | 22.2M | |
66.3M | 110.5M | 141.3M | 50.6M | 74.8M | 5.6M | 11.5M | 28.7M | 47.3M | 9M | 16.6M | 20.1M | 23.4M | 1.2M | |
67.2M | 66.3M | 110.5M | 141.3M | 50.6M | 74.8M | 5.6M | 11.5M | 28.3M | 47.3M | 9M | 16.6M | 20.1M | 23.4M | |
19.7M | 35.5M | 46.8M | 57.2M | 48.2M | 31.5M | 30.8M | 39.2M | 31.3M | 8.2M | 274.9M | -226M | 25.4M | 2M |
SEC Filings
ACRE - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 01, 2026 | May 27, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 01, 2026 | May 27, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 30, 2026 | March 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 16, 2026 | March 10, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 10, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 10, 2026 | February 10, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 19, 2025 | December 18, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 07, 2025 | September 30, 2025 | 2025 |
Related Guides
Continue your ACRE research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.