Ares Capital Corporation (ARCC)

NASDAQ: ARCC · Real-Time Price · USD

19.10

-0.32 (-1.65%)

Nov 3, 2026, 11:37 AM EST - Market open

Ares Capital Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Revenue	3,087	3,052	2,990	2,614	2,096	1,820
Revenue Growth	2.29%	2.07%	14.38%	24.71%	15.17%	20.45%
Gross Profit	3,087	3,052	2,990	2,614	2,096	1,820
Operating Income	2,350	2,251	2,191	1,868	1,602	1,142
Net Income	875	1,299	1,522	1,522	600	1,567
Earnings Per Share	1.22	1.86	2.44	2.68	1.19	3.51
EPS Growth	-38.82%	-23.81%	-8.87%	124.71%	-66.06%	207.89%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Cash & Investments	722	715	637	535	303	372
Total Debt	15,124	16,023	13,788	11,950	12,377	11,157
Net Cash (Debt)	-14,402	-15,308	-13,151	-11,415	-12,074	-10,785
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-20.07	-21.90	-21.08	-19.85	-23.31	-24.18

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Operating Cash Flow	-	-1,717	-2,128	511	-1,359	-2,459
Free Cash Flow	-	-1,717	-2,128	511	-1,359	-2,459
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	76.13%	73.76%	73.28%	71.46%	76.43%	62.75%
Pretax Margin	31.13%	45.81%	53.51%	61.44%	31.25%	87.69%
Profit Margin	28.34%	42.56%	50.90%	58.23%	28.63%	86.10%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 3, 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
Dividend Per Share	1.920	1.920	1.920	1.920	1.750	1.620
Dividend Per Share Growth	0%	0%	0%	9.71%	8.03%	1.25%
Dividend Yield	10.05%	9.52%	9.12%	9.80%	9.50%	7.76%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 3, 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
PE Ratio	15.67	11.15	9.29	7.49	15.93	6.23
Forward PE	9.94	10.32	9.81	8.52	8.37	11.53
PS Ratio	4.54	4.74	4.73	4.36	4.56	5.36