Compare

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

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