ARES REAL ESTATE INCOME TRUST INC. (ZARE) Return on equity 2016–2025
ARES REAL ESTATE INCOME TRUST INC. (ZARE) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-10.4%FY2025 · since FY2016: 10.7% → -10.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -10.4% | -5.4 pp |
| FY2024 | -5.0% | +2.9 pp |
| FY2023 | -7.8% | -3.6 pp |
| FY2022 | -4.2% | -9.5 pp |
| FY2021 | 5.3% | +9.0 pp |
| FY2020 | -3.7% | -36.4 pp |
| FY2019 | 32.7% | +33.1 pp |
| FY2018 | -0.4% | -20.0 pp |
| FY2017 | 19.6% | +8.9 pp |
| FY2016 | 10.7% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice