Acres Commercial Realty Corp Financials

ACR

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

Financial Health Signals

Piotroski F-Score Neutral

6/9

Acres Commercial Realty Corp passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

0.68x

For every $1 of reported earnings, Acres Commercial Realty Corp generates $0.68 in operating cash flow ($19.4M OCF vs $28.7M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

This page shows Acres Commercial Realty Corp (ACR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

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Key Financial Metrics

Revenue

$83.5M

YoY-8.4%

5Y CAGR+6.4%

10Y CAGR-0.1%

Acres Commercial Realty Corp generated $83.5M in revenue in fiscal year 2024. This represents a decrease of 8.4% from the prior year.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

$28.7M

YoY+31.3%

5Y CAGR-4.4%

10Y CAGR-7.4%

Acres Commercial Realty Corp reported $28.7M in net income in fiscal year 2024. This represents an increase of 31.3% from the prior year.

EPS (Diluted)

$1.15

YoY+228.6%

5Y CAGR-13.9%

10Y CAGR-1.7%

Acres Commercial Realty Corp earned $1.15 per diluted share (EPS) in fiscal year 2024. This represents an increase of 228.6% from the prior year.

Cash & Debt

$56.7M

YoY-32.0%

5Y CAGR-6.6%

10Y CAGR-3.4%

Acres Commercial Realty Corp held $56.7M in cash against $1.4B in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.00

Acres Commercial Realty Corp paid $0.00 per share in dividends in fiscal year 2024.

Shares Outstanding

YoY-3.1%

5Y CAGR-6.4%

10Y CAGR-13.7%

Acres Commercial Realty Corp had 8M shares outstanding in fiscal year 2024. This represents a decrease of 3.1% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

34.4%

YoY+10.4pp

5Y CAGR-24.4pp

10Y CAGR-39.4pp

Acres Commercial Realty Corp's net profit margin was 34.4% in fiscal year 2024, showing the share of revenue converted to profit. This is up 10.4 percentage points from the prior year.

Return on Equity

6.5%

YoY+1.5pp

5Y CAGR+0.1pp

10Y CAGR-0.1pp

Acres Commercial Realty Corp's ROE was 6.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 1.5 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$7.9M

YoY+6.4%

10Y CAGR+1.4%

Acres Commercial Realty Corp spent $7.9M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 6.4% from the prior year.

Capital Expenditures

N/A

ACR Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$83.5M-8.4%	$91.1M+21.2%	$75.2M+50.1%	$50.1M-0.5%	$50.3M-17.7%	$61.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$10.7M+1.7%	$10.5M-0.6%	$10.6M-8.9%	$11.6M-19.1%	$14.3M+37.9%	$10.4M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$116.1M-11.2%	$130.8M+58.9%	$82.3M+33.7%	$61.6M+6.1%	$58.0M-30.8%	$83.8M
Income Tax	$126K+29.9%	$97K-71.1%	$336K	$0	$0	$0
Net Income	$28.7M+31.3%	$21.8M+109.6%	$10.4M-69.3%	$33.9M+117.2%	-$197.7M-649.7%	$36.0M
EPS (Diluted)	$1.15+228.6%	$0.35+135.0%	$-1.00-154.1%	$1.85+109.6%	$-19.33-895.5%	$2.43

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$21.0M-3.8%	$21.9M+28.6%	$17.0M-20.7%	$21.4M+2.4%	$20.9M+11.6%	$18.8M-59.9%	$46.8M+94.9%	$24.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$2.5M-9.0%	$2.7M-13.4%	$3.2M+19.2%	$2.6M+12.5%	$2.4M-27.6%	$3.3M+10.8%	$2.9M+30.9%	$2.2M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$19.9M-1.7%	$20.3M-12.4%	$23.1M-10.0%	$25.7M-15.3%	$30.3M-3.0%	$31.3M-6.5%	$33.4M-0.4%	$33.6M
Income Tax	$0-100.0%	$7K-90.8%	$76K+860.0%	-$10K-118.5%	$54K	$0+100.0%	-$32K	$0
Net Income	$18.0M+317.4%	$4.3M+692.3%	-$730K-107.8%	$9.3M+45.7%	$6.4M+29.9%	$4.9M-23.4%	$6.4M-15.0%	$7.6M
EPS (Diluted)	$1.34+1440.0%	$-0.10+87.5%	$-0.80-256.9%	$0.51+142.9%	$0.21+200.0%	$0.07-65.0%	$0.20-39.4%	$0.33

ACR Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.9B-14.3%	$2.2B-7.6%	$2.4B+4.0%	$2.3B+38.1%	$1.7B-32.6%	$2.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$56.7M-32.0%	$83.4M+26.0%	$66.2M+86.6%	$35.5M+20.9%	$29.4M-63.3%	$80.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.4B-18.2%	$1.7B-9.6%	$1.9B+5.4%	$1.8B+39.1%	$1.3B-30.5%	$1.9B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.4B-19.1%	$1.7B-10.3%	$1.9B+2.4%	$1.8B+38.2%	$1.3B-29.6%	$1.9B
Total Equity	$439.1M+0.8%	$435.8M+0.1%	$435.5M-2.8%	$448.2M+34.0%	$334.4M-39.9%	$556.4M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$1.7B-7.1%	$1.8B+2.2%	$1.8B-5.4%	$1.9B-10.2%	$2.1B-2.1%	$2.1B-2.6%	$2.2B-2.9%	$2.3B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$40.9M-4.3%	$42.7M-35.3%	$66.0M+16.4%	$56.7M-36.7%	$89.6M+5.9%	$84.6M+1.4%	$83.4M+29.5%	$64.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.3B-9.3%	$1.4B+3.2%	$1.3B-6.4%	$1.4B-13.3%	$1.7B-2.7%	$1.7B-3.0%	$1.7B-3.5%	$1.8B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.2B-9.3%	$1.3B+2.9%	$1.3B-6.5%	$1.4B-14.1%	$1.6B-2.8%	$1.6B-3.1%	$1.7B-3.7%	$1.8B
Total Equity	$432.9M+1.8%	$425.3M-1.1%	$430.1M-2.1%	$439.1M+1.2%	$434.0M+0.3%	$432.8M-0.7%	$435.8M-0.4%	$437.7M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ACR Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$19.4M-57.5%	$45.6M+39.5%	$32.7M-19.4%	$40.6M+27.6%	$31.8M-26.6%	$43.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$299.1M+85.4%	$161.3M+169.4%	-$232.6M+40.4%	-$390.5M-259.5%	$244.9M+178.2%	-$313.1M
Financing Cash Flow	-$352.7M-60.4%	-$219.8M-1160.2%	$20.7M-96.3%	$566.1M+286.6%	-$303.4M-212.9%	$268.7M
Dividends Paid	N/A	N/A	N/A	N/A	$8.8M-67.6%	$27.1M
Share Buybacks	$7.9M+6.4%	$7.4M-18.8%	$9.1M-50.4%	$18.4M+243.0%	$5.4M	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	-$9.4M-180.0%	$11.8M+357.8%	-$4.6M-702.9%	$757K-89.0%	$6.9M+106.2%	$3.3M-64.5%	$9.4M-20.2%	$11.8M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$149.7M+337.2%	-$63.1M-153.6%	$117.7M-5.4%	$124.5M+160.4%	$47.8M-12.9%	$54.9M+0.9%	$54.4M+63.2%	$33.3M
Financing Cash Flow	-$142.5M-583.0%	$29.5M+128.3%	-$104.1M+24.9%	-$138.6M-168.1%	-$51.7M+15.9%	-$61.5M+14.9%	-$72.2M-322.0%	-$17.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$2.9M-42.7%	$5.1M+15.9%	$4.4M+72.5%	$2.5M+63.2%	$1.6M-24.8%	$2.1M-56.2%	$4.7M+549.2%	$728K

ACR Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	34.4%+10.4pp	24.0%+10.1pp	13.9%-53.9pp	67.7%+460.7pp	-393.0%-451.8pp	58.8%
Return on Equity	6.5%+1.5pp	5.0%+2.6pp	2.4%-5.2pp	7.6%	N/A	6.5%
Return on Assets	1.5%+0.5pp	1.0%+0.6pp	0.4%-1.0pp	1.5%+13.4pp	-11.9%-13.4pp	1.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	3.12-0.8	3.88-0.4	4.33+0.2	4.11+0.1	3.98+0.6	3.40
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	85.8%+66.0pp	19.8%+24.1pp	-4.3%-47.8pp	43.5%+12.9pp	30.6%+4.3pp	26.2%+12.5pp	13.7%-17.8pp	31.5%
Return on Equity	4.2%+3.1pp	1.0%	N/A	2.1%+0.7pp	1.5%+0.3pp	1.1%-0.3pp	1.5%-0.2pp	1.7%
Return on Assets	1.1%+0.8pp	0.2%+0.3pp	-0.0%-0.5pp	0.5%+0.2pp	0.3%+0.1pp	0.2%-0.1pp	0.3%-0.0pp	0.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.76-0.3	3.10+0.1	2.97-0.1	3.12-0.6	3.67-0.1	3.79-0.1	3.88-0.1	4.01
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Acres Commercial Realty Corp's annual revenue?

Acres Commercial Realty Corp (ACR) reported $83.5M in total revenue for fiscal year 2024. This represents a -8.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Acres Commercial Realty Corp's revenue growing?

Acres Commercial Realty Corp (ACR) revenue declined by 8.4% year-over-year, from $91.1M to $83.5M in fiscal year 2024.

Is Acres Commercial Realty Corp profitable?

Yes, Acres Commercial Realty Corp (ACR) reported a net income of $28.7M in fiscal year 2024, with a net profit margin of 34.4%.

What is Acres Commercial Realty Corp's earnings per share (EPS)?

Acres Commercial Realty Corp (ACR) reported diluted earnings per share of $1.15 for fiscal year 2024. This represents a 228.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

How much debt does Acres Commercial Realty Corp have?

As of fiscal year 2024, Acres Commercial Realty Corp (ACR) had $56.7M in cash and equivalents against $1.4B in long-term debt.

What is Acres Commercial Realty Corp's net profit margin?

Acres Commercial Realty Corp (ACR) had a net profit margin of 34.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Acres Commercial Realty Corp's return on equity (ROE)?

Acres Commercial Realty Corp (ACR) has a return on equity of 6.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Acres Commercial Realty Corp's operating cash flow?

Acres Commercial Realty Corp (ACR) generated $19.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Acres Commercial Realty Corp's total assets?

Acres Commercial Realty Corp (ACR) had $1.9B in total assets as of fiscal year 2024, including both current and long-term assets.

Does Acres Commercial Realty Corp buy back shares?

Yes, Acres Commercial Realty Corp (ACR) spent $7.9M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Acres Commercial Realty Corp have outstanding?

Acres Commercial Realty Corp (ACR) had 8M shares outstanding as of fiscal year 2024.

What is Acres Commercial Realty Corp's debt-to-equity ratio?

Acres Commercial Realty Corp (ACR) had a debt-to-equity ratio of 3.12 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Acres Commercial Realty Corp's return on assets (ROA)?

Acres Commercial Realty Corp (ACR) had a return on assets of 1.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Acres Commercial Realty Corp's Piotroski F-Score?

Acres Commercial Realty Corp (ACR) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Acres Commercial Realty Corp's earnings high quality?

Acres Commercial Realty Corp (ACR) has an earnings quality ratio of 0.68x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.