Ares Real Estate Income Trust Inc. (ZARE) › Shares OutstandingAres Real Estate Income Trust Inc. (ZARE) — Shares OutstandingAnnual figures by fiscal year, from SEC filings.2009: 181.11M2010: 193.77M2011: 197.38M2012: 197.24M2013: 191.93M2014: 190.99M2015: 188.79M2016: 172.05M2017: 154.16M2018: 139.67M2019: 147.32M2020: 154.05M2021: 174.33M2022: 233.30M2023: 267.56M2024: 305.18M2025: 342.37M342.37M2009Shares Outstanding (shares)2025Fiscal YearShares OutstandingChange YoY2025342.37M+12.2%2024305.18M+14.1%2023267.56M+14.7%2022233.30M+33.8%2021174.33M+13.2%2020154.05M+4.6%2019147.32M+5.5%2018139.67M-9.4%2017154.16M-10.4%2016172.05M-8.9%2015188.79M-1.2%2014190.99M-0.5%2013191.93M-2.7%2012197.24M-0.1%2011197.38M+1.9%2010193.77M+7.0%2009181.11M—Other metrics: RevenueCost of RevenueGross ProfitOperating IncomeNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesShareholders' EquityCash & EquivalentsOperating Cash FlowCapital ExpendituresDividends Per Share