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Ares Commercial Real Estate Corp (ACRE) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $14.75 Metrics
OS: 54.4 M
Market cap: $803 M

 
TTM Valuation
EPS
BVPS $14.09 1.05 x P/B

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
Revenues102.182.777.355.346.345.150.037.5
            Revenue growth23.4%7.0%39.8%19.3%2.8%-9.8%33.2%17.2%
Cost of goods sold0.00.00.00.00.00.00.00.0
Gross profit102.182.777.355.346.345.150.037.5
            Gross margin100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Selling, general and administrative        
General and administrative7.26.46.45.34.55.04.85.7
EBIT94.976.370.950.029.830.736.331.8
            EBIT margin93.0%92.3%91.7%90.5%64.4%68.0%72.7%84.8%
Pre-tax income61.222.237.539.030.630.736.323.0
Income taxes0.70.40.50.40.20.20.00.2
            Tax rate1.2%1.6%1.4%1.1%0.6%0.7% 1.0%
Earnings from continuing ops60.521.837.038.630.425.927.322.5
Earnings from discontinued ops     14.47.01.9
Net income60.521.837.038.630.440.334.324.4
            Net margin59.2%26.4%47.9%69.8%65.6%89.4%68.6%65.0%
 
Diluted EPS$1.42$0.66$1.28$1.35$1.07$0.91$0.95$0.79
Shares outstanding (diluted)42.733.228.828.728.628.528.628.6
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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