Ares Real Estate Income Trust Inc.

ZARE OTC SEC CIK 1327978
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Financials

Reported figures only · latest: Q2 2026 USD · US GAAP
Revenue, last quarter $151.2M +27.8% vs same quarter last year
Net income −$13.7M +39.5% vs same quarter last year
EPS, diluted −$0.06 +53.8% vs same quarter last year
Operating cash flow $189.4M +990.7% vs same quarter last year
Revenue by quarter
$107.3M
$107.9M
$116.4M
$118.3M
$122.7M
$141.4M
$145.1M
$151.2M
Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26

Source: SEC XBRL filings · latest filing

The long view

Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income15 fiscal years
  • Revenue
  • Net income
−$200M$0$200M$400M$600MFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearRevenueNet income
FY25$498.8M−$68M
FY24$417.5M−$37.1M
FY23$353.2M−$62.4M
FY22$299.2M−$40M
FY21$218.4M$30.8M
FY20$186.6M−$14.9M
FY19$184.7M$153.3M
FY18$190.3M−$1.3M
FY17$197.3M$79.4M
FY16$216.2M$55M
FY15$225.2M$124.3M
FY14$231.6M$29.2M
FY13$217.8M$52.5M
FY12$216.3M−$22.3M
FY11$218.9M−$57.7M
MarginsShare of revenue
  • Gross margin
  • Operating margin
  • Net margin
−50%0%50%100%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearGross marginOperating marginNet margin
FY25-66.5%−13.6%
FY24-67.4%−8.9%
FY23-66.4%−17.7%
FY22-65.3%−13.4%
FY21-68%14.1%
FY20-65.3%−8%
FY1966.9%66.8%83%
FY1867.6%67.2%−0.7%
FY1766.3%65.9%40.2%
FY16-69.2%25.5%
FY15-70.5%55.2%
FY14--12.6%
FY13--24.1%
FY12--−10.3%
FY11-5.5%−26.4%
Returned to shareholdersDividends paid and shares bought back
$0$25M$50M$75M$100MFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearDividends
FY25$94.6M
FY24$78.3M
FY23$61.2M
FY22$49.6M
FY21$37.8M
FY20$34.3M
FY19$29.1M
FY18$28.7M
FY17$37.5M
FY16$37.6M
FY15$42.4M
FY14$41.2M
FY13$41.1M
FY12$57M
FY11$64.5M
Net margin vs the sectorMedian of Real Estate companies filing with the SEC
  • Ares Real Estate Income Trust
  • Real Estate median
−50%0%50%100%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearAres Real Estate Income TrustReal Estate median
FY25−13.6%4.1%
FY24−8.9%5.4%
FY23−17.7%7.3%
FY22−13.4%21.9%
FY2114.1%31.9%
FY20−8%-
FY1983%-
FY18−0.7%-
FY1740.2%-
FY1625.5%-
FY1555.2%-
FY1412.6%-
FY1324.1%-
FY12−10.3%-
FY11−26.4%-

News

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