Ares Real Estate Income Trust annual debt-to-equity ratio
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2025
Ares Real Estate Income Trust Debt-to-Equity Ratio Growth & History (ZARE)
Ares Real Estate Income Trust's debt-to-equity ratio was 4.53 for fiscal 2025.
View full Ares Real Estate Income Trust company overviewAres Real Estate Income Trust annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 4.53 | 0.91 | +25.22% |
| 2024 | 2024-12-31 | 3.62 | 1.15 | +46.83% |
| 2023 | 2023-12-31 | 2.47 | 0.75 | +43.89% |
| 2022 | 2022-12-31 | 1.71 | −0.64 | −27.12% |
| 2021 | 2021-12-31 | 2.35 | −0.05 | −2.16% |
| 2020 | 2020-12-31 | 2.40 | 0.60 | +33.04% |
| 2019 | 2019-12-31 | 1.81 | −1.19 | −39.79% |
| 2018 | 2018-12-31 | 3.00 | 0.51 | +20.32% |
| 2017 | 2017-12-31 | 2.49 | 0.46 | +22.77% |
| 2016 | 2016-12-31 | 2.03 | 0.28 | +15.68% |
| 2015 | 2015-12-31 | 1.76 | 0.00 | +0.27% |
| 2014 | 2014-12-31 | 1.75 | — | — |
Ares Real Estate Income Trust quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.39 | −0.37 | −9.79% |
| Q1 2026 | 2026-03-31 | 4.03 | 0.61 | +17.96% |
| Q4 2025 | 2025-12-31 | 4.53 | 0.91 | +25.22% |
| Q3 2025 | 2025-09-30 | 4.09 | 1.14 | +38.78% |
| Q2 2025 | 2025-06-30 | 3.76 | 0.80 | +26.87% |
| Q1 2025 | 2025-03-31 | 3.42 | 0.87 | +34.35% |
| Q4 2024 | 2024-12-31 | 3.62 | 1.15 | +46.83% |
| Q3 2024 | 2024-09-30 | 2.94 | 0.79 | +36.38% |
| Q2 2024 | 2024-06-30 | 2.96 | 0.62 | +26.61% |
| Q1 2024 | 2024-03-31 | 2.54 | 0.48 | +23.07% |
| Q4 2023 | 2023-12-31 | 2.47 | 0.75 | +43.89% |
| Q3 2023 | 2023-09-30 | 2.16 | 0.22 | +11.27% |
| Q2 2023 | 2023-06-30 | 2.34 | 0.05 | +2.40% |
| Q1 2023 | 2023-03-31 | 2.07 | 0.23 | +12.35% |
| Q4 2022 | 2022-12-31 | 1.71 | −0.64 | −27.12% |
| Q3 2022 | 2022-09-30 | 1.94 | 0.15 | +8.54% |
| Q2 2022 | 2022-06-30 | 2.28 | 0.20 | +9.79% |
| Q1 2022 | 2022-03-31 | 1.84 | −0.23 | −11.17% |
| Q4 2021 | 2021-12-31 | 2.35 | −0.05 | −2.16% |
| Q3 2021 | 2021-09-30 | 1.79 | −0.35 | −16.54% |
| Q2 2021 | 2021-06-30 | 2.08 | 0.05 | +2.64% |
| Q1 2021 | 2021-03-31 | 2.07 | 0.19 | +9.82% |
| Q4 2020 | 2020-12-31 | 2.40 | 0.60 | +33.04% |
| Q3 2020 | 2020-09-30 | 2.14 | 0.07 | +3.16% |
| Q2 2020 | 2020-06-30 | 2.03 | 0.01 | +0.46% |
| Q1 2020 | 2020-03-31 | 1.89 | −0.77 | −29.05% |
| Q4 2019 | 2019-12-31 | 1.81 | −1.19 | −39.79% |
| Q3 2019 | 2019-09-30 | 2.08 | −0.86 | −29.27% |
| Q2 2019 | 2019-06-30 | 2.02 | −0.88 | −30.34% |
| Q1 2019 | 2019-03-31 | 2.66 | −0.29 | −9.95% |
| Q4 2018 | 2018-12-31 | 3.00 | 0.51 | +20.32% |
| Q3 2018 | 2018-09-30 | 2.94 | 0.11 | +3.79% |
| Q2 2018 | 2018-06-30 | 2.90 | 0.26 | +9.74% |
| Q1 2018 | 2018-03-31 | 2.95 | 0.63 | +27.24% |
| Q4 2017 | 2017-12-31 | 2.49 | 0.46 | +22.77% |
| Q3 2017 | 2017-09-30 | 2.83 | 0.87 | +44.16% |
| Q2 2017 | 2017-06-30 | 2.64 | 0.91 | +52.90% |
| Q1 2017 | 2017-03-31 | 2.32 | 0.82 | +55.00% |
| Q4 2016 | 2016-12-31 | 2.03 | 0.28 | +15.68% |
| Q3 2016 | 2016-09-30 | 1.96 | 0.41 | +26.71% |
| Q2 2016 | 2016-06-30 | 1.73 | 0.69 | +66.95% |
| Q1 2016 | 2016-03-31 | 1.50 | 0.44 | +41.54% |
| Q4 2015 | 2015-12-31 | 1.76 | 0.00 | +0.27% |
| Q3 2015 | 2015-09-30 | 1.55 | — | — |
| Q2 2015 | 2015-06-30 | 1.03 | — | — |
| Q1 2015 | 2015-03-31 | 1.06 | — | — |
| Q4 2014 | 2014-12-31 | 1.75 | — | — |
| Q3 2012 | 2012-09-30 | 2.16 | — | — |
Ares Real Estate Income Trust debt-to-equity ratio trends
Over the last five fiscal years, Ares Real Estate Income Trust's debt-to-equity ratio increased from 2.40 to 4.53, a change of 2.13. The latest reported quarter, Q2 2026, shows 3.39.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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