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Ares Commercial Real Estate vs NewLake Capital Partners: ACRE and NLCP compared
Ares Commercial Real Estate is the larger company: $13.5M of revenue in its latest quarter (Q3 2026) against $12.0M for NewLake Capital Partners (Q3 2026). Ares Commercial Real Estate is growing faster (-4% against -4% a year earlier). Ares Commercial Real Estate is more profitable, with an operating margin of 74.4% against 36.1%.
Where the money goes: ACRE and NLCP
Ares Commercial Real Estate (ACRE) · Q3 2026
Ares Commercial Real Estate, Q3 2026: revenue $13.5M (-4% year over year), operating margin 74.4%, net earnings $10.0M. The chart follows the revenue to costs, profit and cash.
NewLake Capital Partners (NLCP) · Q3 2026
NewLake Capital Partners, Q3 2026: revenue $12.0M (-4% year over year), operating margin 36.1%, net earnings $4.2M, operating cash flow $9.6M. The chart follows the revenue to costs, profit and cash.
| Ares Commercial Real Estate (ACRE) | NewLake Capital Partners (NLCP) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $13.5M | $12.0M |
| Revenue growth, Y/Y | -4% | -4% |
| Operating margin | 74.4% | 36.1% |
| Net earnings | $10.0M | $4.2M |
| Net margin | 74.3% | 34.7% |
| Operating cash flow | — | $9.6M |
Questions
Which is bigger, Ares Commercial Real Estate or NewLake Capital Partners?
Ares Commercial Real Estate is the larger company: $13.5M of revenue in its latest quarter (Q3 2026) against $12.0M for NewLake Capital Partners (Q3 2026).
Is Ares Commercial Real Estate or NewLake Capital Partners growing faster?
Ares Commercial Real Estate is growing faster (-4% against -4% a year earlier).
Which is more profitable, Ares Commercial Real Estate or NewLake Capital Partners?
Ares Commercial Real Estate is more profitable, with an operating margin of 74.4% against 36.1%.
More: Ares Commercial Real Estate earnings · how Ares Commercial Real Estate makes money · NewLake Capital Partners earnings · how NewLake Capital Partners makes money
From the companies' latest 10-Q, 10-K or earnings release (8-K filed Nov 6, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.