Ares Commercial Real Estate (Ares Commercial Real Estate) Pre-Tax Income

: $-38.91 Mil (TTM As of Dec. 2023)

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Pretax income is the income that a company earns before paying income taxes. Ares Commercial Real Estate's pretax income for the three months ended in Dec. 2023 was $-39.50 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-38.91 Mil. Ares Commercial Real Estate's pretax margin was -238.57%.

During the past 13 years, Ares Commercial Real Estate's highest Pretax Margin was 72.66%. The lowest was -47.78%. And the median was 60.59%.

Ares Commercial Real Estate Pre-Tax Income Historical Data

The historical data trend for Ares Commercial Real Estate's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ares Commercial Real Estate Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

37.51

22.19

61.18

30.26

-38.91

Ares Commercial Real Estate Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income																3.17	-6.33	-2.24	9.17	-39.50

Competitive Comparison

For the REIT - Mortgage subindustry, Ares Commercial Real Estate's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ares Commercial Real Estate Pre-Tax Income Distribution

For the REITs industry and Real Estate sector, Ares Commercial Real Estate's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Ares Commercial Real Estate's Pre-Tax Income falls into.

Ares Commercial Real Estate Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Ares Commercial Real Estate's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	-38.906
	=	-38.91

Ares Commercial Real Estate's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	-39.5
	=	-39.50

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-38.91 Mil.

Ares Commercial Real Estate (NYSE:ACRE) Pre-Tax Income Explanation

Ares Commercial Real Estate's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-39.5	/	16.557
	=	-238.57%

During the past 13 years, Ares Commercial Real Estate's highest Pretax Margin was 72.66%. The lowest was -47.78%. And the median was 60.59%.

Ares Commercial Real Estate Pre-Tax Income Related Terms

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Ares Commercial Real Estate (Ares Commercial Real Estate) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ares Commercial Real Estate Corp (NYSE:ACRE) » Definitions » Pre-Tax Income

Comparable Companies

TRTX DX ORC ARR IVR NYMT REFI NREF KREF GPMT NLY STWD AGNC RITM BXMT ABR RC CMTG ARI LADR

Traded in Other Exchanges

41I:Germany 41I:Germany

Address

245 Park Avenue, 42nd Floor, New York, NY, USA, 10167

Website

https://www.arescre.com

Ares Commercial Real Estate Corp is a specialty finance company and a Real Estate Investment Trust providing commercial real estate loans and related investments. The company operates in one segment namely originating and managing a diversified portfolio of CRE debt-related investments. The group recognizes its revenues through the interest income it receives from loans.

Executives

Bryan Patrick Donohoe	officer: Chief Executive Officer	C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Anton Feingold	officer: General Counsel VP & Secretary	C/O CION ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
William Stephen Benjamin	director	C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Rebecca Jaisali Parekh	director	C/O ARES COMMERCIAL REAL ESTATE, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Michael J Arougheti	director	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
James Alan Henderson	officer: President and CIO	C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
David A Roth	officer: President	C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Rand Scott April	director	C/O ARES COMMERCIAL REAL ESTATE MGMT, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Moriarty Edmond N. Iii	director	C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Kirk Sykes	director	C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Robert L Rosen	director	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
James E Skinner	director	NEIMAN MARCUS GROUP, 1618 MAIN ST, DALLAS TX 75201
Caroline Blakely	director	ONE NORTH WACKER DRIVE 48TH FL, CHICAGO IL 60606
John Jardine	director, officer: Co-Chief Executive Officer	C/O ARES COMMERCIAL REAL ESTATE CORP., ONE NORTH WACKER DRIVE, 48TH FLOOR, CHICAGO IL 60606
Todd Schuster	director	C/O TPG RE FINANCE TRUST, INC., 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106