Ares Capital Corporation (ARCC)
NASDAQ: ARCC · Real-Time Price · USD
23.37
+0.19 (0.82%)
At close: Jan 21, 2025, 4:00 PM
23.40
+0.03 (0.12%)
After-hours: Jan 21, 2025, 6:49 PM EST

Ares Capital Statistics

Total Valuation

Ares Capital has a market cap or net worth of $15.10 billion. The enterprise value is $28.18 billion.

Market Cap 15.10B
Enterprise Value 28.18B

Important Dates

The next confirmed earnings date is Wednesday, February 5, 2025, before market open.

Earnings Date Feb 5, 2025
Ex-Dividend Date Dec 13, 2024

Share Statistics

Ares Capital has 646.08 million shares outstanding. The number of shares has increased by 8.84% in one year.

Current Share Class 646.08M
Shares Outstanding 646.08M
Shares Change (YoY) +8.84%
Shares Change (QoQ) +3.08%
Owned by Insiders (%) 0.55%
Owned by Institutions (%) 28.98%
Float n/a

Valuation Ratios

The trailing PE ratio is 8.99 and the forward PE ratio is 10.47.

PE Ratio 8.99
Forward PE 10.47
PS Ratio 4.76
Forward PS 4.73
PB Ratio 1.17
P/TBV Ratio 1.18
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 17.86
EV / Sales 9.59
EV / EBITDA n/a
EV / EBIT 13.15
EV / FCF n/a

Financial Position

The company has a current ratio of 1.49, with a Debt / Equity ratio of 1.06.

Current Ratio 1.49
Quick Ratio 1.29
Debt / Equity 1.06
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 3.20

Financial Efficiency

Return on equity (ROE) is 13.38% and return on invested capital (ROIC) is 5.49%.

Return on Equity (ROE) 13.38%
Return on Assets (ROA) 5.36%
Return on Capital (ROIC) 5.49%
Revenue Per Employee $1.05M
Profits Per Employee $563,571
Employee Count 2,800
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

In the past 12 months, Ares Capital has paid $69.00 million in taxes.

Income Tax 69.00M
Effective Tax Rate 4.19%

Stock Price Statistics

The stock price has increased by +14.78% in the last 52 weeks. The beta is 1.05, so Ares Capital's price volatility has been similar to the market average.

Beta (5Y) 1.05
52-Week Price Change +14.78%
50-Day Moving Average 21.94
200-Day Moving Average 21.17
Relative Strength Index (RSI) 77.38
Average Volume (20 Days) 4,712,764

Short Selling Information

The latest short interest is 16.61 million, so 2.57% of the outstanding shares have been sold short.

Short Interest 16.61M
Short Previous Month 17.07M
Short % of Shares Out 2.57%
Short % of Float n/a
Short Ratio (days to cover) 3.13

Income Statement

In the last 12 months, Ares Capital had revenue of $2.94 billion and earned $1.58 billion in profits. Earnings per share was $2.60.

Revenue 2.94B
Gross Profit 2.94B
Operating Income 2.14B
Pretax Income 1.74B
Net Income 1.58B
EBITDA n/a
EBIT 2.14B
Earnings Per Share (EPS) $2.60
Full Income Statement

Balance Sheet

The company has $486.00 million in cash and $13.57 billion in debt, giving a net cash position of -$13.09 billion or -$20.25 per share.

Cash & Cash Equivalents 486.00M
Total Debt 13.57B
Net Cash -13.09B
Net Cash Per Share -$20.25
Equity (Book Value) 12.77B
Book Value Per Share 19.77
Working Capital 333.00M
Full Balance Sheet

Cash Flow

Operating Cash Flow -2.22B
Capital Expenditures n/a
Free Cash Flow -2.22B
FCF Per Share -$3.43
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 72.94% and 53.71%.

Gross Margin 100.00%
Operating Margin 72.94%
Pretax Margin 56.06%
Profit Margin 53.71%
EBITDA Margin n/a
EBIT Margin 72.94%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $1.92, which amounts to a dividend yield of 8.22%.

Dividend Per Share $1.92
Dividend Yield 8.22%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 73.90%
Buyback Yield -8.84%
Shareholder Yield -0.62%
Earnings Yield 10.45%
FCF Yield -14.70%
Dividend Details

Analyst Forecast

The average price target for Ares Capital is $22.29, which is -4.62% lower than the current price. The consensus rating is "Buy".

Price Target $22.29
Price Target Difference -4.62%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Ares Capital has an Altman Z-Score of 0.93 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.93
Piotroski F-Score 3