Ares Real Estate Income Trust Inc. (ZARE)

Name: Ares Real Estate Income Trust Inc. (ZARE) annual fundamentals
Creator: TickerFacts
License: https://creativecommons.org/publicdomain/zero/1.0/

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CIK 0001327978 · OTC · Real Estate Investment Trusts

Sector Finance & Real Estate
Incorporated MD
Fiscal year ends Dec 31

For the year ended 2025-12-31, Ares Real Estate Income Trust Inc. reported revenue of $498.83M. Revenue grew 19.5% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $560.46M.

Key ratios (year ended 2025-12-31)

66.5%

Operating margin

-25.5%

Net margin

-9.7%

Return on year-end equity

19.5%

Revenue growth (YoY)

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Latest selected filing: Form 8-K (current report) · 2026-10-15

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period ended	TTM to 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31
Revenue	$560.46M	$498.83M	$417.49M	$353.17M	$299.22M	$218.35M	$186.59M	$184.67M	$190.32M	$197.35M	$216.17M
Cost of Revenue	n/a	n/a	n/a	n/a	n/a	n/a	n/a	$61.06M	$61.67M	$66.53M	n/a
Gross Profit (computed)	n/a	n/a	n/a	n/a	n/a	n/a	n/a	$123.61M	$128.66M	$130.81M	n/a
Operating Income	$382.89M	$331.58M	$281.26M	$234.38M	$195.27M	$148.58M	$121.87M	$123.38M	$127.96M	$129.99M	$149.64M
Depreciation & Amortization	$221.95M	$196.81M	$152.78M	$149.99M	$134.62M	$74.42M	$62.92M	$57.34M	$57.87M	$68.07M	$80.11M
EBITDA	$604.84M	$528.39M	$434.04M	$384.36M	$329.89M	$222.99M	$184.79M	$180.72M	$185.83M	$198.06M	$229.75M
Net Income	-$117.30M	-$127.19M	-$57.34M	-$83.21M	-$49.66M	$34.54M	-$16.06M	$153.28M	-$1.34M	$79.40M	$55.05M
EPS (Diluted)	n/a	-$0.37	-$0.20	-$0.31	-$0.21	$0.20	-$0.10	$1.04	-$0.01	$0.51	$0.31
Total Assets	$7.68B	$7.27B	$5.73B	$4.64B	$4.17B	$2.99B	$2.11B	$1.78B	$1.58B	$1.61B	$1.78B
Total Liabilities	$5.64B	$5.75B	$4.32B	$3.52B	$2.96B	$2.21B	$1.61B	$1.23B	$1.17B	$1.12B	$1.18B
Long-Term Debt	$2.54B	$2.97B	$2.70B	$1.96B	$1.62B	$1.36B	$965.30M	$846.57M	$1.00B	$1.01B	$1.05B
Shareholders' Equity	$1.61B	$1.31B	$1.41B	$1.11B	$1.19B	$776.43M	$497.89M	$550.29M	$411.01M	$492.73M	$608.09M
Cash & Equivalents	$41.13M	$40.06M	$19.55M	$15.05M	$13.34M	$10.61M	$11.27M	$97.77M	$10.01M	$10.47M	$13.86M
Operating Cash Flow	$62.03M	$253.64M	-$169.49M	$15.96M	$62.53M	$49.39M	$41.13M	$49.35M	$67.52M	$58.92M	$87.37M
Dividends Paid	$108.10M	$94.64M	$78.32M	$61.23M	$49.60M	$37.83M	$34.34M	$29.12M	$28.74M	$37.53M	$37.65M
Shares Outstanding	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	150.64M
Dividends Per Share	n/a	$0.41	$0.40	$0.39	$0.38	$0.38	$0.38	$0.38	$0.38	$0.36	n/a
Weighted Average Diluted Shares	n/a	342.37M	305.18M	267.56M	233.30M	174.33M	154.05M	147.32M	139.67M	154.16M	172.05M
EPS (Basic)	n/a	-$0.37	-$0.20	-$0.31	-$0.21	$0.20	-$0.10	$1.04	-$0.01	$0.51	$0.31