Ares Capital Statistics
Total Valuation
Ares Capital has a market cap or net worth of $13.81 billion. The enterprise value is $26.90 billion.
Important Dates
The next estimated 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 (%) | 28.93% |
| Float | n/a |
Valuation Ratios
The trailing PE ratio is 8.23 and the forward PE ratio is 9.58.
| PE Ratio | 8.23 |
| Forward PE | 9.58 |
| PS Ratio | 4.39 |
| Forward PS | 4.33 |
| PB Ratio | 1.08 |
| P/TBV Ratio | 1.08 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 17.05 |
| EV / Sales | 9.16 |
| EV / EBITDA | n/a |
| EV / EBIT | 12.55 |
| 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 +8.42% in the last 52 weeks. The beta is 1.06, so Ares Capital's price volatility has been similar to the market average.
| Beta (5Y) | 1.06 |
| 52-Week Price Change | +8.42% |
| 50-Day Moving Average | 21.64 |
| 200-Day Moving Average | 21.00 |
| Relative Strength Index (RSI) | 42.56 |
| Average Volume (20 Days) | 5,041,509 |
Short Selling Information
The latest short interest is 17.31 million, so 2.68% of the outstanding shares have been sold short.
| Short Interest | 17.31M |
| Short Previous Month | 15.59M |
| Short % of Shares Out | 2.68% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 4.60 |
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 StatementBalance 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 SheetCash Flow
| Operating Cash Flow | -2.22B |
| Capital Expenditures | n/a |
| Free Cash Flow | -2.22B |
| FCF Per Share | -$3.43 |
Full Cash Flow StatementMargins
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 8.98%.
| Dividend Per Share | $1.92 |
| Dividend Yield | 8.98% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 3 |
| Payout Ratio | 73.90% |
| Buyback Yield | -8.84% |
| Shareholder Yield | 0.14% |
| Earnings Yield | 11.42% |
| FCF Yield | -16.06% |
Dividend DetailsAnalyst Forecast
The average price target for Ares Capital is $22.29, which is 4.26% higher than the current price. The consensus rating is "Buy".
| Price Target | $22.29 |
| Price Target Difference | 4.26% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 |