Ares Real Estate Income Trust Inc.
ZAREOTCReal Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $498.8M | $417.5M | $353.2M | $299.2M | $218.3M | $186.6M |
| Operating income | $331.6M | $281.3M | $234.4M | $195.3M | $148.6M | $121.9M |
| Net income | −$68.0M | −$37.1M | −$62.4M | −$40.0M | $30.8M | −$14.9M |
| Total assets | $7.27B | $5.73B | $4.64B | $4.17B | $2.99B | $2.11B |
| Total liabilities | $5.75B | $4.32B | $3.52B | $2.96B | $2.21B | $1.61B |
| Equity | $655.4M | $745.8M | $795.3M | $943.3M | $579.7M | $401.6M |
| EPS (diluted) | $-0.37 | $-0.20 | $-0.31 | $-0.21 | $0.20 | $-0.10 |
| Shares out. | 342.4M | 305.2M | 267.6M | 233.3M | 174.3M | 154.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 66.5%
- Net margin
- −13.6%
- Return on equity
- −10.4%
- Return on assets
- −0.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 79.1%
- Debt / equity
- 8.77×
- Book value / share
- $1.91
- Revenue growth (YoY)
- 19.5%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −4.4%clean
- Piotroski F-Score
- 2/8weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 warning● 4 good- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Unregistered equity saleMay 22, 2026
- Other material eventMay 15, 2026
- Entered a material agreement · Unregistered equity saleMay 6, 2026
- Other material eventApr 16, 2026
- Unregistered equity sale · Director / officer changeApr 7, 2026
- Other material eventMar 16, 2026
- Unregistered equity saleMar 6, 2026
- Other material eventFeb 13, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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