Ares Capital Statistics
Total Valuation
Ares Capital has a market cap or net worth of $12.52 billion. The enterprise value is $23.89 billion.
| Market Cap | 12.52B |
| Enterprise Value | 23.89B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, before market open.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
Ares Capital has 606.78 million shares outstanding. The number of shares has increased by 11.00% in one year.
| Shares Outstanding | 606.78M |
| Shares Change (YoY) | +11.00% |
| Shares Change (QoQ) | +2.41% |
| Owned by Insiders (%) | 0.59% |
| Owned by Institutions (%) | 29.37% |
| Float | n/a |
Valuation Ratios
The trailing PE ratio is 7.70 and the forward PE ratio is 8.52. Ares Capital's PEG ratio is 3.95.
| PE Ratio | 7.70 |
| Forward PE | 8.52 |
| PS Ratio | 4.79 |
| Forward PS | 4.36 |
| PB Ratio | 1.12 |
| P/FCF Ratio | 24.50 |
| PEG Ratio | 3.95 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.25, with an EV/FCF ratio of 46.75.
| EV / Earnings | 15.70 |
| EV / Sales | 9.14 |
| EV / EBITDA | 11.25 |
| EV / EBIT | 11.25 |
| EV / FCF | 46.75 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.07 |
| Debt / EBITDA | 5.62 |
| Debt / FCF | 23.36 |
| Interest Coverage | 3.65 |
Financial Efficiency
Return on equity (ROE) is 14.40% and return on invested capital (ROIC) is 7.97%.
| Return on Equity (ROE) | 14.40% |
| Return on Assets (ROA) | 6.70% |
| Return on Capital (ROIC) | 7.97% |
| Revenue Per Employee | $933,571 |
| Profits Per Employee | $543,571 |
| Employee Count | 2,800 |
| Asset Turnover | 0.12 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Ares Capital has paid $20.00 million in taxes.
| Income Tax | 20.00M |
| Effective Tax Rate | 1.30% |
Stock Price Statistics
The stock price has increased by +13.85% in the last 52 weeks. The beta is 1.03, so Ares Capital's price volatility has been similar to the market average.
| Beta (1Y) | 1.03 |
| 52-Week Price Change | +13.85% |
| 50-Day Moving Average | 20.34 |
| 200-Day Moving Average | 19.81 |
| Relative Strength Index (RSI) | 55.76 |
| Average Volume (30 Days) | 3,674,620 |
Short Selling Information
The latest short interest is 16.93 million, so 2.79% of the outstanding shares have been sold short.
| Short Interest | 16.93M |
| Short Previous Month | 16.09M |
| Short % of Shares Out | 2.79% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 4.14 |
Income Statement
In the last 12 months, Ares Capital had revenue of $2.61 billion and earned $1.52 billion in profits. Earnings per share was $2.68.
| Revenue | 2.61B |
| Gross Profit | 1.91B |
| Operating Income | 1.87B |
| Pretax Income | 1.54B |
| Net Income | 1.52B |
| EBITDA | 2.12B |
| EBIT | 2.12B |
| Earnings Per Share (EPS) | $2.68 |
Balance Sheet
The company has $564.00 million in cash and $11.94 billion in debt, giving a net cash position of -$11.37 billion or -$18.74 per share.
| Cash & Cash Equivalents | 564.00M |
| Total Debt | 11.94B |
| Net Cash | -11.37B |
| Net Cash Per Share | -$18.74 |
| Equity / Book Value | 11.20B |
| Book Value Per Share | 18.46 |
| Working Capital | n/a |
Cash Flow
| Operating Cash Flow | 511.00M |
| Capital Expenditures | n/a |
| Free Cash Flow | 511.00M |
| FCF Per Share | $0.92 |
Margins
Gross margin is 73.07%, with operating and profit margins of 71.46% and 58.22%.
| Gross Margin | 73.07% |
| Operating Margin | 71.46% |
| Pretax Margin | 58.99% |
| Profit Margin | 58.22% |
| EBITDA Margin | 81.25% |
| EBIT Margin | 81.25% |
| FCF Margin | 19.55% |
Dividends & Yields
This stock pays an annual dividend of $1.92, which amounts to a dividend yield of 9.31%.
| Dividend Per Share | $1.92 |
| Dividend Yield | 9.31% |
| Dividend Growth (YoY) | 300.00% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 71.64% |
| Buyback Yield | -11.00% |
| Shareholder Yield | -1.70% |
| Earnings Yield | 12.16% |
| FCF Yield | 4.08% |
Analyst Forecast
The average price target for Ares Capital is $20.83, which is 0.97% higher than the current price. The consensus rating is "Buy".
| Price Target | $20.83 |
| Price Target Difference | 0.97% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |