vs
Side-by-side financial comparison of Ares Commercial Real Estate Corp (ACRE) and Bluerock Homes Trust, Inc. (BHM). Click either name above to swap in a different company.
Bluerock Homes Trust, Inc. is the larger business by last-quarter revenue ($18.9M vs $13.2M, roughly 1.4× Ares Commercial Real Estate Corp). Ares Commercial Real Estate Corp runs the higher net margin — -29.2% vs -50.1%, a 20.9% gap on every dollar of revenue. On growth, Bluerock Homes Trust, Inc. posted the faster year-over-year revenue change (35.9% vs -24.5%). Over the past eight quarters, Bluerock Homes Trust, Inc.'s revenue compounded faster (30.1% CAGR vs -15.9%).
Ares Commercial Real Estate Corp is a specialty finance company focused on the commercial real estate sector. It offers a full suite of customized financing solutions including senior mortgage loans, subordinated debt and preferred equity, primarily serving middle-market commercial property owners and operators across the United States.
Bluerock Homes Trust, Inc. is a U.S.-headquartered real estate investment trust that acquires, owns and operates a portfolio of high-quality single-family rental residential properties. It caters to middle-market renters across high-growth suburban markets, prioritizing regions with strong demographic fundamentals and sustained rental housing demand.
ACRE vs BHM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $13.2M | $18.9M |
| Net Profit | $-3.9M | $-9.5M |
| Gross Margin | — | — |
| Operating Margin | -29.2% | -48.8% |
| Net Margin | -29.2% | -50.1% |
| Revenue YoY | -24.5% | 35.9% |
| Net Profit YoY | 63.8% | -29.9% |
| EPS (diluted) | — | $-0.75 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $13.2M | $18.9M | ||
| Q3 25 | $14.1M | $16.6M | ||
| Q2 25 | $12.6M | $16.8M | ||
| Q1 25 | $14.9M | $16.4M | ||
| Q4 24 | $17.5M | $13.9M | ||
| Q3 24 | $16.7M | $12.7M | ||
| Q2 24 | $16.8M | $12.5M | ||
| Q1 24 | $18.7M | $11.2M |
| Q4 25 | $-3.9M | $-9.5M | ||
| Q3 25 | $4.7M | $-10.0M | ||
| Q2 25 | $-11.0M | $-5.8M | ||
| Q1 25 | $9.3M | $-7.3M | ||
| Q4 24 | $-10.7M | $-7.3M | ||
| Q3 24 | $-5.9M | $3.5M | ||
| Q2 24 | $-6.1M | $-5.2M | ||
| Q1 24 | $-12.3M | $-3.2M |
| Q4 25 | -29.2% | -48.8% | ||
| Q3 25 | 33.0% | -57.6% | ||
| Q2 25 | -87.8% | -30.9% | ||
| Q1 25 | 64.4% | -42.6% | ||
| Q4 24 | -61.0% | -52.8% | ||
| Q3 24 | -35.3% | 27.9% | ||
| Q2 24 | -36.5% | -41.3% | ||
| Q1 24 | -65.9% | -28.4% |
| Q4 25 | -29.2% | -50.1% | ||
| Q3 25 | 33.0% | -60.0% | ||
| Q2 25 | -87.8% | -34.7% | ||
| Q1 25 | 62.5% | -44.7% | ||
| Q4 24 | -60.9% | -52.8% | ||
| Q3 24 | -35.3% | 27.9% | ||
| Q2 24 | -36.5% | -41.3% | ||
| Q1 24 | -65.9% | -28.4% |
| Q4 25 | — | $-0.75 | ||
| Q3 25 | — | $-0.94 | ||
| Q2 25 | — | $-0.66 | ||
| Q1 25 | — | $-0.67 | ||
| Q4 24 | — | $-0.65 | ||
| Q3 24 | — | $0.24 | ||
| Q2 24 | — | $-0.42 | ||
| Q1 24 | — | $-0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $29.3M | $169.6M |
| Total DebtLower is stronger | $948.2M | $428.4M |
| Stockholders' EquityBook value | $509.6M | $128.7M |
| Total Assets | $1.6B | $1.2B |
| Debt / EquityLower = less leverage | 1.86× | 3.33× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.3M | $169.6M | ||
| Q3 25 | $84.9M | $2.1M | ||
| Q2 25 | $90.0M | $4.2M | ||
| Q1 25 | $125.5M | $3.0M | ||
| Q4 24 | $63.8M | $115.2M | ||
| Q3 24 | $68.9M | $155.1M | ||
| Q2 24 | $70.6M | $116.0M | ||
| Q1 24 | $99.5M | $92.3M |
| Q4 25 | $948.2M | $428.4M | ||
| Q3 25 | — | $415.9M | ||
| Q2 25 | — | $338.6M | ||
| Q1 25 | — | $336.5M | ||
| Q4 24 | $718.5M | $373.8M | ||
| Q3 24 | — | $122.5M | ||
| Q2 24 | — | $119.7M | ||
| Q1 24 | — | $120.2M |
| Q4 25 | $509.6M | $128.7M | ||
| Q3 25 | $521.0M | $131.7M | ||
| Q2 25 | $523.7M | $135.3M | ||
| Q1 25 | $542.1M | $137.1M | ||
| Q4 24 | $540.1M | $139.1M | ||
| Q3 24 | $563.8M | $142.9M | ||
| Q2 24 | $582.3M | $142.5M | ||
| Q1 24 | $601.1M | $144.5M |
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $1.4B | $222.1M | ||
| Q2 25 | $1.4B | $220.3M | ||
| Q1 25 | $1.5B | $186.2M | ||
| Q4 24 | $1.8B | $967.0M | ||
| Q3 24 | $1.9B | $800.8M | ||
| Q2 24 | $2.1B | $756.2M | ||
| Q1 24 | $2.1B | $727.4M |
| Q4 25 | 1.86× | 3.33× | ||
| Q3 25 | — | 3.16× | ||
| Q2 25 | — | 2.50× | ||
| Q1 25 | — | 2.45× | ||
| Q4 24 | 1.33× | 2.69× | ||
| Q3 24 | — | 0.86× | ||
| Q2 24 | — | 0.84× | ||
| Q1 24 | — | 0.83× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $21.4M | $27.8M |
| Free Cash FlowOCF − Capex | — | $10.4M |
| FCF MarginFCF / Revenue | — | 55.0% |
| Capex IntensityCapex / Revenue | — | 91.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $25.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.4M | $27.8M | ||
| Q3 25 | $3.8M | $13.4M | ||
| Q2 25 | $4.9M | $13.9M | ||
| Q1 25 | $8.0M | $951.0K | ||
| Q4 24 | $35.5M | $9.1M | ||
| Q3 24 | $8.4M | $1.7M | ||
| Q2 24 | $8.7M | $1.3M | ||
| Q1 24 | $11.4M | $1.1M |
| Q4 25 | — | $10.4M | ||
| Q3 25 | — | $8.7M | ||
| Q2 25 | — | $8.8M | ||
| Q1 25 | — | $-2.9M | ||
| Q4 24 | — | $-253.0K | ||
| Q3 24 | — | $-601.0K | ||
| Q2 24 | — | $-654.0K | ||
| Q1 24 | — | $-630.0K |
| Q4 25 | — | 55.0% | ||
| Q3 25 | — | 52.4% | ||
| Q2 25 | — | 52.2% | ||
| Q1 25 | — | -17.6% | ||
| Q4 24 | — | -1.8% | ||
| Q3 24 | — | -4.7% | ||
| Q2 24 | — | -5.2% | ||
| Q1 24 | — | -5.6% |
| Q4 25 | — | 91.8% | ||
| Q3 25 | — | 28.5% | ||
| Q2 25 | — | 30.3% | ||
| Q1 25 | — | 23.4% | ||
| Q4 24 | — | 66.9% | ||
| Q3 24 | — | 18.0% | ||
| Q2 24 | — | 15.3% | ||
| Q1 24 | — | 15.5% |
| Q4 25 | — | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACRE
Segment breakdown not available.
BHM
| Residential Communities Segment | $11.4M | 61% |
| Scattered Single Family Homes Segment | $7.5M | 39% |
