Ares Capital Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2004
Revenue	2,614	2,096	1,820	1,511	1,528	1,337	1,160	1,012	1,025	989	Upgrade
Revenue Growth (YoY)	24.71%	15.16%	20.45%	-1.11%	14.29%	15.26%	14.62%	-1.27%	3.64%	12.17%	Upgrade
Cost of Revenue	704	456	639	343	365	342	316	255	228	276	Upgrade
Gross Profit	1,910	1,640	1,181	1,168	1,163	995	844	757	797	713	Upgrade
Selling, General & Admin	42	38	39	38	45	42	89	56	44	41	Upgrade
Operating Expenses	42	38	39	38	45	42	89	56	44	41	Upgrade
Operating Income	1,868	1,602	1,142	1,130	1,118	953	755	701	753	672	Upgrade
Interest Expense / Income	582	455	372	317	291	240	225	186	227	216	Upgrade
Other Expense / Income	-256	492	-826	310	18	-164	-156	20	129	-153	Upgrade
Pretax Income	1,542	655	1,596	503	809	877	686	495	397	609	Upgrade
Income Tax	20	55	29	19	16	19	19	21	18	18	Upgrade
Net Income	1,522	600	1,567	484	793	858	667	474	379	591	Upgrade
Net Income Growth	153.67%	-61.71%	223.76%	-38.97%	-7.58%	28.64%	40.72%	25.07%	-35.87%	20.98%	Upgrade
Shares Outstanding (Basic)	554	498	446	424	427	426	425	314	314	305	Upgrade
Shares Outstanding (Diluted)	575	518	446	424	427	426	425	314	314	305	Upgrade
Shares Change	11.00%	16.14%	5.19%	-0.70%	0.23%	0.24%	35.35%	-	2.95%	14.26%	Upgrade
EPS (Basic)	2.75	1.21	3.51	1.14	1.86	2.01	1.57	1.51	1.20	1.94	Upgrade
EPS (Diluted)	2.68	1.19	3.51	1.14	1.86	2.01	1.57	1.51	1.20	1.94	Upgrade
EPS Growth	125.21%	-66.10%	207.89%	-38.71%	-7.46%	28.03%	3.97%	25.83%	-38.14%	6.01%	Upgrade
Free Cash Flow	511	-1,359	-2,459	-580	-1,235	304	-2,048	707	360	-659	Upgrade
Free Cash Flow Per Share	0.92	-2.73	-5.51	-1.37	-2.89	0.71	-4.82	2.25	1.15	-2.16	Upgrade
Dividend Per Share	1.920	1.870	1.620	1.600	1.680	1.540	1.520	1.520	1.570	1.570	Upgrade
Dividend Growth	2.67%	15.43%	1.25%	-4.76%	9.09%	1.32%	0%	-3.18%	0%	0%	Upgrade
Gross Margin	73.07%	78.24%	64.89%	77.30%	76.11%	74.42%	72.76%	74.80%	77.76%	72.09%	Upgrade
Operating Margin	71.46%	76.43%	62.75%	74.78%	73.17%	71.28%	65.09%	69.27%	73.46%	67.95%	Upgrade
Profit Margin	58.22%	28.63%	86.10%	32.03%	51.90%	64.17%	57.50%	46.84%	36.98%	59.76%	Upgrade
Free Cash Flow Margin	19.55%	-64.84%	-135.11%	-38.39%	-80.82%	22.74%	-176.55%	69.86%	35.12%	-66.63%	Upgrade
Effective Tax Rate	1.30%	8.40%	1.82%	3.78%	1.98%	2.17%	2.77%	4.24%	4.53%	2.96%	Upgrade
EBITDA	2,124	1,110	1,968	820	1,100	1,117	911	681	625	826	Upgrade
EBITDA Margin	81.25%	52.96%	108.13%	54.27%	71.99%	83.55%	78.53%	67.29%	60.98%	83.52%	Upgrade
Depreciation & Amortization	0	0	0	0	0	0	0	0	1	1	Upgrade
EBIT	2,124	1,110	1,968	820	1,100	1,117	911	681	624	825	Upgrade
EBIT Margin	81.25%	52.96%	108.13%	54.27%	71.99%	83.55%	78.53%	67.29%	60.88%	83.42%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).