Ares Commercial Real Estate Net Assets
Ares Commercial Real Estate net assets. Based on the latest financial reports, Ares Commercial Real Estate (ACRE) has net assets worth $489.23 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.82 Billion) and total liabilities ($1.33 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore ACRE net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $489.23 Million |
| % of Total Assets | 26.92% |
| Annual Growth Rate | 36.65% |
| 5-Year Change | -24.91% |
| 10-Year Change | 18.59% |
| Growth Volatility | 633.78 |
Net Assets of Ares Commercial Real Estate (2011–2025)
Net assets of Ares Commercial Real Estate from 2011 to 2025. This chart illustrates how Ares Commercial Real Estate's net assets have evolved over time, based on quarterly financial data. See Ares Commercial Real Estate (ACRE) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Ares Commercial Real Estate (2011–2025)
The table below shows the annual net assets of Ares Commercial Real Estate from 2011 to 2025. For live market cap and overall valuation, see Ares Commercial Real Estate stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $509.57 Million | -5.66% |
| 2024-12-31 | $540.13 Million | -13.70% |
| 2023-12-31 | $625.85 Million | -16.28% |
| 2022-12-31 | $747.54 Million | +10.15% |
| 2021-12-31 | $678.63 Million | +43.47% |
| 2020-12-31 | $473.01 Million | +10.95% |
| 2019-12-31 | $426.34 Million | +0.18% |
| 2018-12-31 | $425.59 Million | +1.53% |
| 2017-12-31 | $419.17 Million | -2.44% |
| 2016-12-31 | $429.67 Million | -5.87% |
| 2015-12-31 | $456.49 Million | -5.07% |
| 2014-12-31 | $480.89 Million | +18.38% |
| 2013-12-31 | $406.22 Million | +145.54% |
| 2012-12-31 | $165.44 Million | +2470.11% |
| 2011-12-31 | $6.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ares Commercial Real Estate's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 31162800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Ares Commercial Real Estate Net Assets Breakdown (December 2025)
Ares Commercial Real Estate net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $532.00K | 0.10% |
| Other Components | $820.83 Million | 161.08% |
| Total Equity | $509.57 Million | 100.00% |
Ares Commercial Real Estate Competitors by Market Cap
The table below lists competitors of Ares Commercial Real Estate ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lynch Group Holdings Ltd
AU:LGL
|
$189.75 Million |
|
Akebia Ther
NASDAQ:AKBA
|
$189.77 Million |
|
Digital Currency X Technology Inc.
NASDAQ:DCX
|
$189.85 Million |
|
Cabio Biotech Wuhan Co Ltd
SHG:688089
|
$189.89 Million |
|
Gyldendal A/S
CO:GYLD-A
|
$189.73 Million |
|
Studio City International Holdings Ltd
NYSE:MSC
|
$189.70 Million |
|
Toubani Resources Ltd
AU:TRE
|
$189.68 Million |
|
Taiyen Biotech Co Ltd
TW:1737
|
$189.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ares Commercial Real Estate's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 540,132,000 to 509,568,000, a change of -30,564,000 (-5.7%).
- Net loss of 902,000 reduced equity.
- Dividend payments of 39,011,000 reduced retained earnings.
- Other comprehensive income decreased equity by 36,999.
- Other factors increased equity by 9,385,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-902.00K | -0.18% |
| Dividends Paid | $39.01 Million | -7.66% |
| Other Comprehensive Income | $-37.00K | -0.01% |
| Other Changes | $9.39 Million | +1.84% |
| Total Change | $- | -5.66% |
Book Value vs Market Value Analysis
This analysis compares Ares Commercial Real Estate's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.37x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.72x to 0.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $0.92 | $3.42 | x |
| 2012-12-31 | $25.19 | $3.42 | x |
| 2013-12-31 | $21.34 | $3.42 | x |
| 2014-12-31 | $16.82 | $3.42 | x |
| 2015-12-31 | $15.96 | $3.42 | x |
| 2016-12-31 | $15.06 | $3.42 | x |
| 2017-12-31 | $14.68 | $3.42 | x |
| 2018-12-31 | $14.85 | $3.42 | x |
| 2019-12-31 | $14.78 | $3.42 | x |
| 2020-12-31 | $14.25 | $3.42 | x |
| 2021-12-31 | $15.90 | $3.42 | x |
| 2022-12-31 | $14.34 | $3.42 | x |
| 2023-12-31 | $11.53 | $3.42 | x |
| 2024-12-31 | $9.92 | $3.42 | x |
| 2025-12-31 | $9.28 | $3.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ares Commercial Real Estate utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.06%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 3.18x
- Recent ROE (-0.18%) is below the historical average (3.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.52% | 12.99% | 0.02x | 2.34x | $-15.68 Million |
| 2013 | 3.39% | 40.76% | 0.03x | 2.90x | $-26.86 Million |
| 2014 | 5.07% | 38.25% | 0.03x | 3.88x | $-23.69 Million |
| 2015 | 7.51% | 40.66% | 0.06x | 3.02x | $-11.36 Million |
| 2016 | 9.39% | 89.42% | 0.03x | 3.20x | $-2.63 Million |
| 2017 | 7.25% | 65.61% | 0.03x | 4.22x | $-11.51 Million |
| 2018 | 9.07% | 69.82% | 0.03x | 3.77x | $-3.96 Million |
| 2019 | 8.68% | 47.88% | 0.04x | 4.18x | $-5.64 Million |
| 2020 | 4.62% | 27.76% | 0.04x | 4.08x | $-25.46 Million |
| 2021 | 8.91% | 59.23% | 0.04x | 3.88x | $-7.40 Million |
| 2022 | 3.98% | 27.31% | 0.04x | 3.38x | $-44.97 Million |
| 2023 | -6.21% | -41.83% | 0.04x | 3.64x | $-101.45 Million |
| 2024 | -6.49% | -50.29% | 0.04x | 3.24x | $-89.04 Million |
| 2025 | -0.18% | -1.06% | 0.05x | 3.18x | $-51.86 Million |
Industry Comparison
This section compares Ares Commercial Real Estate's net assets metrics with peer companies in the REIT - Mortgage industry.
Industry Context
- Industry: REIT - Mortgage
- Average net assets among peers: $1,515,805,663
- Average return on equity (ROE) among peers: 2.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ares Commercial Real Estate (ACRE) | $489.23 Million | 0.52% | 2.71x | $189.75 Million |
| Arbor Realty Trust (ABR) | $468.12 Million | 18.06% | 5.20x | $365.49 Million |
| Acres Commercial Realty Corp (ACR) | $556.40 Million | 6.46% | 3.41x | $100.03 Million |
| New York Mortgage Trust, Inc. (ADAM) | $2.31 Billion | -12.50% | 1.02x | $532.88 Million |
| AGNC Investment Corp. (AGNC) | $7.36 Billion | 8.47% | 6.73x | $10.30 Billion |
| Angel Oak Mortgage Inc (AOMR) | $248.31 Million | 0.30% | 1.05x | $178.14 Million |
| Apollo Commercial Real Estate Finance Inc (ARI) | $546.92 Million | 7.35% | 0.44x | $302.49 Million |
| ARMOUR Residential REIT Inc (ARR) | $626.61 Million | -1.51% | 8.91x | $1.76 Billion |
| Brightspire Capital Inc (BRSP) | $1.39 Billion | 3.30% | 2.42x | $465.09 Million |
| Blackstone Mortgage Trust Inc (BXMT) | $143.30 Million | -3.21% | 1.21x | $1.91 Billion |
About Ares Commercial Real Estate
Ares Commercial Real Estate Corporation, a specialty finance company, engages in the originating and investing in commercial real estate (CRE) loans and related investments in the United States. The company provides loan opportunities for the owners, operators, and sponsors of CRE properties. Its investments includes senior mortgage loans, subordinate debt, preferred equity products, mezzanine lo… Read more