Ares Capital Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 13, 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
Market Cap	13,449	14,525	14,710	11,658	9,586	9,917
Market Cap Growth	-5.75%	-1.26%	26.19%	21.61%	-3.34%	38.81%
Enterprise Value	28,804	30,516	28,437	23,542	17,480	15,039
Last Close Price	18.73	20.23	21.89	20.03	18.47	21.19
PE Ratio	11.56	10.88	8.97	7.47	15.52	6.04
Forward PE	9.79	10.32	9.81	8.52	8.37	11.53
PEG Ratio	-	3.40	3.40	3.40	3.40	3.40
PS Ratio	4.37	4.76	4.92	4.46	4.57	-
PB Ratio	0.96	1.01	1.10	1.04	6.09	11.76
P/TBV Ratio	0.95	0.99	1.02	1.03	6.08	11.21
P/FCF Ratio	-	-8.46	-6.91	22.81	-7.05	-9.45
P/OCF Ratio	-	-8.46	-6.91	22.81	-7.05	-9.45
EV/Sales Ratio	9.34	10.00	9.51	9.01	8.34	-
EV/FCF Ratio	-	-17.77	-13.36	46.07	-12.86	-14.34
Debt / Equity Ratio	1.13	1.12	1.03	1.06	5.71	5.74
Debt / FCF Ratio	-12.84	-9.31	-6.45	23.26	-5.93	-4.84
Net Debt / Equity Ratio	1.13	1.12	1.03	1.06	5.12	6.03
Net Debt / FCF Ratio	-12.84	-9.31	-6.45	23.26	-5.93	-4.84
Asset Turnover	0.10	0.10	0.11	0.16	0.27	0
Return on Equity (ROE)	8.10%	9.39%	12.40%	24.13%	52.24%	-3.99%
Earnings Yield	8.53%	9.19%	11.15%	13.38%	6.44%	16.56%
FCF Yield	-	-11.82%	-14.47%	4.38%	-14.18%	-10.58%
Dividend Yield	10.25%	8.94%	8.34%	9.29%	9.92%	1.08%
Payout Ratio	118.46%	97.31%	74.84%	67.74%	152.00%	-63.35%
Buyback Yield / Dilution	-9.96%	-12.02%	-8.52%	-11.00%	-16.14%	-5.19%
Total Shareholder Return	0.29%	-3.08%	-0.18%	-1.71%	-6.23%	-4.11%

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

SEC Filings: 10-K · 10-Q