Ares Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Non-Interest Income	3,083	3,052	2,990	2,614	2,096	-
Non-Interest Income Growth	2.02%	2.07%	14.38%	24.71%	-	-
Revenues Before Loan Losses	3,083	3,052	2,990	2,614	2,096	-
Revenue	3,083	3,052	2,990	2,614	2,096	-
Revenue Growth (YoY)	2.05%	2.07%	14.38%	24.71%	-	-
Compensation Expenses	722	750	756	704	456	-
Selling, General & Admin	51	51	43	42	38	-
Other Non-Interest Expenses	820	793	715	582	455	-
Total Non-Interest Expense	1,593	1,594	1,514	1,328	949	161
Pretax Income	1,490	1,458	1,476	1,286	1,147	-161
Provision for Income Taxes	42	43	40	28	55	-
Net Income	1,150	1,299	1,522	1,522	600	-161
Net Income to Common	1,150	1,299	1,522	1,522	600	-161
Net Income Growth	-12.48%	-14.65%	-	153.67%	-	-
Shares Outstanding (Basic)	710	699	624	554	498	446
Shares Outstanding (Diluted)	710	699	624	575	518	446
Shares Change (YoY)	9.92%	12.02%	8.52%	11.00%	16.14%	5.19%
EPS (Basic)	1.63	1.86	2.44	2.75	1.21	3.51
EPS (Diluted)	1.63	1.86	2.44	2.68	1.19	3.51
EPS Growth	-20.49%	-23.77%	-8.96%	125.21%	-66.10%	207.89%
Shares Outstanding	718	718	672	582	519	468
Free Cash Flow	-1,234	-1,717	-2,128	511	-1,359	-1,049
Free Cash Flow Per Share	-1.74	-2.46	-3.41	0.89	-2.62	-2.35
Dividends Per Share	1.920	1.920	1.920	1.920	1.750	1.620
Dividend Growth	-	-	-	9.71%	8.03%	1.25%
Profit Margin	37.30%	42.56%	50.90%	58.22%	28.63%	-
FCF Margin	-40.03%	-56.26%	-71.17%	19.55%	-64.84%	-
Effective Tax Rate	2.82%	2.95%	2.71%	2.18%	4.80%	0.00%

Updated Apr 28, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q