Ares Real Estate Income Trust Inc. (ZARE) › Operating IncomeAres Real Estate Income Trust Inc. (ZARE) — Operating IncomeAnnual figures by fiscal year, from SEC filings.2009: $719.0K2010: $29.00M2011: $12.08M2015: $158.69M2016: $149.64M2017: $129.99M2018: $127.96M2019: $123.38M2020: $121.87M2021: $148.58M2022: $195.27M2023: $234.38M2024: $281.26M2025: $331.58M$331.58M2009Operating Income (USD)2025Fiscal YearOperating IncomeChange YoY2025$331.58M+17.9%2024$281.26M+20.0%2023$234.38M+20.0%2022$195.27M+31.4%2021$148.58M+21.9%2020$121.87M-1.2%2019$123.38M-3.6%2018$127.96M-1.6%2017$129.99M-13.1%2016$149.64M-5.7%2015$158.69M—2011$12.08M-58.4%2010$29.00M+3933.7%2009$719.0K—Other metrics: RevenueCost of RevenueGross ProfitNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesShareholders' EquityCash & EquivalentsOperating Cash FlowCapital ExpendituresShares OutstandingDividends Per Share