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Ares Real Estate Income Trust Inc. (ZARE)

Ares Real Estate Income Trust Inc. brought in $560.5M of revenue over the twelve months to June 30, 2026, up 24.6% from a year earlier. It posted a net loss of $62.4M. At June 30, 2026 it held $41.1M in cash against $2.5B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 12, 2026.

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Revenue (last 12 months)
$560.5M
+24.6% year on year
Net margin
-11.1%

What Ares Real Estate Income Trust Inc. does

Ares Real Estate Income Trust Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on OTC under the ticker ZARE.

Revenue and profit by year

Revenue
FY18: $190.3M $190.3M FY18FY19: $184.7M $184.7M FY19FY20: $186.6M $186.6M FY20FY21: $218.4M $218.4M FY21FY22: $299.2M $299.2M FY22FY23: $353.2M $353.2M FY23FY24: $417.5M $417.5M FY24FY25: $498.8M $498.8M FY25
Net income
FY18: -$1.2M -$1.2M FY18FY19: $153.3M $153.3M FY19FY20: -$14.9M -$14.9M FY20FY21: $30.8M $30.8M FY21FY22: -$40M -$40M FY22FY23: -$62.4M -$62.4M FY23FY24: -$37.1M -$37.1M FY24FY25: -$68M -$68M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$498.8M$331.6M-$68M-$0.37n/a
2024$417.5M$281.3M-$37.1M-$0.20n/a
2023$353.2M$234.4M-$62.4M-$0.31n/a
2022$299.2M$195.3M-$40M-$0.21n/a
2021$218.4M$148.6M$30.8M$0.20n/a
2020$186.6M$121.9M-$14.9M-$0.10n/a

Full financial statements: income, balance sheet and cash flow

Next report expected around November 11, 2026.

Estimated from its filing rhythm: about 91 days after its last report of August 12, 2026, its usual gap. Not a date the company has announced. See the report calendar

Where ZARE ranks in Real estate

Revenue$498.8M
#99 of 230 in Real estate · Top 43%
Revenue growth+19.5%
#28 of 205 in Real estate · Top 13%
Net margin-13.6%
#169 of 208 in Real estate · Bottom 19%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Real estate

Dividends

Ares Real Estate Income Trust Inc. declared $0.41 per share in fiscal 2025. It paid out $94.6M in cash dividends.

Fiscal yearPer sharePaid outOf profit
2025$0.41$94.6Mn/a
2024$0.40$78.3Mn/a
2023$0.39$61.2Mn/a
2022$0.38$49.6Mn/a
2021$0.38$37.8M123%
2020$0.38$34.3Mn/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Ares Real Estate Income Trust Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 16, 2026
  2. September 8, 2026
  3. August 17, 2026
  4. August 12, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 28% to $151.2M versus the same quarter last year; diluted EPS -$0.06 versus -$0.13.
  5. August 11, 2026
  6. August 7, 2026
  7. July 17, 2026
  8. July 8, 2026
  9. June 24, 2026
  10. June 24, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 10, 2026. Insider transactions on SEC

Insider trades

What the people running Ares Real Estate Income Trust Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 4 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
August 6, 2026 Schaefer PaulaDirector Received as pay 9,121 - - Form 4
August 6, 2026 Duke Charles BDirector Received as pay 9,121 - - Form 4
August 6, 2026 Sanchez Bryan B.Director Received as pay 9,121 - - Form 4
August 6, 2026 Woodberry John PDirector Received as pay 9,121 - - Form 4
June 30, 2026 Roth David ADirector Other change 30,522 $8.19 $250K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns ZARE

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

We have not read this company's Schedule 13D and 13G filings yet.

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

5 insiders reported holding 188,264 shares in total.

HolderSharesAs of
Duke Charles BDirector 81,510 August 6, 2026
Woodberry John PDirector 74,921 August 6, 2026
Schaefer PaulaDirector 19,341 August 6, 2026
Sanchez Bryan B.Director 9,121 August 6, 2026
Roth David ADirector 3,372 June 30, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about ZARE

What does Ares Real Estate Income Trust Inc. do?

Ares Real Estate Income Trust Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on OTC under the ticker ZARE.

Is Ares Real Estate Income Trust Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $62.4M on revenue of $560.5M.

How much revenue does Ares Real Estate Income Trust Inc. make?

Over the twelve months to June 30, 2026 Ares Real Estate Income Trust Inc. reported revenue of $560.5M. That is 24.6% more than a year earlier.

When did Ares Real Estate Income Trust Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 12, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the other event from September 16, 2026.

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Where the numbers come from

Financial figures are the values Ares Real Estate Income Trust Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.