Compare

Farmland Partners Inc. vs NewLake Capital Partners, Inc. vs Ares Commercial Real Estate Corp vs Alpine Income Property Trust, Inc.

Latest annual figures from SEC filings. Each company is shown for its own most recent fiscal year, so period ends can differ. Select a figure to see its full history.

Latest fiscal year	Farmland Partners Inc. FPI	NewLake Capital Partners, Inc. NLCP	Ares Commercial Real Estate Corp ACRE	Alpine Income Property Trust, Inc. PINE
Year ended	2025-12-31	2025-12-31	2025-12-31	2025-12-31
Revenue	$52.18M	$51.07M	$54.83M	$60.53M
Revenue growth (YoY)	-10.4%	+1.9%	-21.3%	+15.9%
Gross margin	n/a	n/a	n/a	86.0%
Operating margin	n/a	53.4%	n/a	21.7%
Net margin	60.5%	52.4%	-1.6%	-4.4%
Net income	$31.55M	$26.77M	-$902.0K	-$2.66M
EPS (Diluted)	$0.61	$1.28	n/a	-$0.22
Operating cash flow	$17.43M	$42.46M	$21.35M	$25.75M
Free cash flow	n/a	n/a	n/a	-$218.71M
Cash & equivalents	n/a	$23.94M	$29.29M	$4.59M
Total assets	$719.07M	$420.83M	$1.62B	$715.87M
Total liabilities	$181.09M	$26.14M	$1.11B	$414.62M
Shareholders' equity	$467.39M	$387.94M	$509.57M	$301.26M
Return on year-end equity	6.7%	6.9%	-0.2%	-0.9%
Shares outstanding	43.09M	20.55M	55.03M	14.78M

n/a means the company did not report that line under the concept TickerFacts maps, not that it is zero.

Revenue, most recent five fiscal years

Fiscal year	Farmland Partners Inc.	NewLake Capital Partners, Inc.	Ares Commercial Real Estate Corp	Alpine Income Property Trust, Inc.
Latest	$52.18M Ended 2025-12-31	$51.07M Ended 2025-12-31	$54.83M Ended 2025-12-31	$60.53M Ended 2025-12-31
1 year earlier	$58.23M Ended 2024-12-31	$50.13M Ended 2024-12-31	$69.65M Ended 2024-12-31	$52.23M Ended 2024-12-31
2 years earlier	$57.47M Ended 2023-12-31	$47.30M Ended 2023-12-31	$92.93M Ended 2023-12-31	$45.64M Ended 2023-12-31
3 years earlier	$61.21M Ended 2022-12-31	$45.00M Ended 2022-12-31	$106.85M Ended 2022-12-31	$45.19M Ended 2022-12-31
4 years earlier	$51.74M Ended 2021-12-31	$28.06M Ended 2021-12-31	$102.07M Ended 2021-12-31	$30.13M Ended 2021-12-31