Ares Capital Corporation logo ARCC - Ares Capital Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 24
HOLD 8
SELL 0
STRONG
SELL 0
| PRICE TARGET: $19.00 DETAILS
HIGH: $19.00
LOW: $19.00
MEDIAN: $19.00
CONSENSUS: $19.00
UPSIDE: 1.17%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue
Revenue 3,145 2,367 2,166 1,196 2,050 858 1,115 1,119 974 737 678 866 712.8 696.7 731.0 528.8 200.0 192.4 195.4 99.9 47.2 4.3
Cost of Revenue 765 659 530 455 372 317 291 240 225 167 200 190 171.5 143.0 184.0 128.9 63.7 62.2 57.7 0.0 0.2 0
Gross Profit 2,380 1,708 1,636 741 1,678 541 824 879 749 570 478 676 541.3 553.8 547.1 399.9 136.3 130.2 137.7 99.9 47.1 4.3
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 43 42 38 39 38 45 42 89 56 44 41 38.7 31.7 38.1 53.9 23.3 14.0 10.4 6.4 3.5 0.8
Other Expenses 189 70 52 48 43 0 (30) (40) (26) 19 37 26 0 2.7 (127.6) (3.9) (21.0) 0.5 (50.8) 31.9 16.4 0.8
Operating Expenses 189 113 94 86 82 38 15 2 63 75 81 67 38.7 34.4 (89.5) 397.2 2.3 6.0 (40.4) 38.3 20.0 1.6
Operating Income
Operating Income 2,191 1,595 1,542 655 1,596 503 809 877 686 495 397 609 502.6 519.4 289.9 221.2 134.0 127.2 94.1 61.6 27.1 2.7
Interest Expense 645.2 659 530 455 372 317 291 240 225 167 200 190 171.5 143.0 122.5 79.3 24.3 36.5 36.9 0.0 0.2 0
Interest Income 1,769.7 2,162 1,962 1,470 1,247 1,159 1,180 1,041 951 806 817 741 647.9 571.5 0 0 0 0 0 100.8 35.4 3.6
Profitability
EBITDA 2,191 1,595 1,542 655 1,596 503 809 877 687 496 398 610 503.4 520.2 350.3 518.1 206.4 (102.0) 138.0 61.8 27.1 2.7
EBIT 2,191 1,595 1,542 655 1,596 503 809 877 686 495 397 609 502.6 519.4 349.4 (0.9) (0.7) (102.5) 137.6 61.6 27.1 2.7
Income Before Tax 1,398 1,595 1,542 655 1,596 503 809 877 686 495 397 609 502.6 519.4 326.9 497.4 203.3 (139.2) 90.0 93.2 43.5 3.3
Income Tax Expense 99 73 20 55 29 19 16 19 19 21 18 18 14.1 11.2 7.5 5.4 0.6 0.2 (0.8) 4.9 0.2 0
Net Income 1,299 1,522 1,522 600 1,567 484 793 858 667 474 379 591 488.5 508.2 319.5 492.0 202.7 (139.5) 90.8 88.3 43.4 3.3
Per Share Data
EPS (Basic) 1.86 2.44 2.75 1.21 3.51 1.14 1.86 2.01 1.57 1.51 1.20 1.94 1.83 2.21 1.56 3.91 1.98 -1.56 1.34 1.58 1.78 0.29
EPS (Diluted) 1.86 2.44 2.68 1.19 3.51 1.14 1.86 2.01 1.57 1.51 1.20 1.94 1.83 2.21 1.56 3.91 1.98 -1.56 1.34 1.58 1.78 0.29
Shares Outstanding 699 624 554 498 446 424 427 426 425 314 314.4 305.3 266.9 230.2 204.9 176.7 102.3 89.7 67.7 44.0 23.5 11.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Current Assets
Cash & Cash Equivalents 924 635 535 303 372 254 176 296 316 223 257 194.6 149.6 269.0 120.8 100.8 99.2 89.4 21.1 91.5 16.6 26.8
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0.5 0 0 0 0 0 0 0 1,774.2 0 0 0
Net Receivables 605 516 261 180 222 223 131 103 94 141 137,968 161.8 252.5 109.1 0.6 8.9 28.0 17.6 25.1 1.0 5.8 9.9
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 29 34 114 72 0 0 0 0 4 1.5 0 0 72.5 0 0 0 0 0 0 0
Total Current Assets 1,529 1,151 825 517 708 549 307 399 409 335 395,028 357.9 402.2 378.2 292.9 182.2 127.2 106.9 46.2 101.7 22.4 27.9
Non-Current Assets
Property, Plant & Equipment 0 0 0 20 27 38 94 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 29,485 26,722 22,889 21,780 20,009 15,515 14,426 12,417 11,841 8,820 9,055.5 9,028.4 7,632.9 5,924.6 5,094.5 4,318.0 2,171.8 1,973.0 1,774.2 1,235.8 586.0 182.6
Other Non-Current Assets 144 381 86 81 99 94 (14,426) (12,417) (11,841) (8,820) 0 0 0 0 0 62.4 (40.7) 11.4 (0.0) (1,235.8) (586.0) (182.6)
Total Non-Current Assets 29,629 27,103 22,975 21,881 20,135 15,647 94 12,417 11,841 8,820 9,055.5 9,028.4 7,632.9 5,924.6 5,094.5 4,380.4 2,131.1 1,984.4 1,774.2 1,235.8 586.0 182.6
Total Assets 31,235 28,254 23,800 22,398 20,843 16,196 14,905 12,895 12,347 9,245 9,531.4 9,497.8 8,141.5 6,401.2 5,387.4 4,562.5 2,313.5 2,091.3 1,829.4 1,348.0 613.6 220.5
Current Liabilities
Account Payables 86 406 115 87 307 66 177 155 245 102 113 129.0 111.6 85.4 74.1 81.1 19.7 54.7 10.3 64.1 20.1 1.9
Short-Term Debt 0 0 1,333 807 20 27 0 0 0 0 0 0 0 0 463 538.3 221.6 114.3 85 482 18 55.5
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 808 0 24 21 0 0 (225) (348) (395) (206) (220) (289.6) (250.8) (217.0) (26.4) (21.8) (2.6) (3.9) (4.8) (560.6) (44.0) (60.7)
Total Current Liabilities 894 406 1,866 1,217 724 375 121 348 395 206 220 289.6 250.8 217.0 629.6 671.8 307.7 202.0 108.3 560.6 44.0 60.7
Non-Current Liabilities
Long-Term Debt 15,991 13,759 10,617 11,539 11,094 8,514 6,999.6 0 0 0 0 3,924.5 2,986.3 0 1,610.6 840.2 747.9 794.5 596.5 0 0 0
Deferred Tax Liabilities 28 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 4 734 116 56 114 72 (4.6) 0 0 0 0 0 0 0 0 0 (252.6) 0 0 0 0 0
Total Non-Current Liabilities 16,023 14,493 10,733 11,626 11,251 8,645 7,092 5,214 4,854 3,874 4,138.5 3,924.5 2,986.3 2,195.9 1,610.6 840.2 495.3 794.5 596.5 0 0 0
Total Liabilities 16,917 14,899 12,599 12,843 11,975 9,020 7,438 5,595 5,249 4,080 4,358.0 4,214.1 3,237.1 2,412.9 2,240.2 1,512.0 1,055.6 996.5 704.9 558.6 44.0 60.7
Stockholders' Equity
Common Stock 1 1 1 1 0 0 0 0 0 0 0 0.3 0.3 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.0 0.0
Retained Earnings 958 852 462 (2) 315 (480) (293) 127 (94) 37 (145) (199.5) (8.8) (27.9) (229.1) (11.3) 3.1 (7.6) 7.0 7.0 0 (0.1)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 154.9 95.5 101.1 0 26.0 (235.8) (293.5) (19.1) (2.8) 0 0
Total Stockholders' Equity 14,318 13,355 11,201 9,555 8,868 7,176 7,467 7,300 7,098 5,165 5,173 5,283.7 4,904.4 3,988.3 3,147.3 3,050.5 1,257.9 1,094.9 1,124.5 789.4 569.6 159.7
Total Liabilities & Equity 31,235 28,254 23,800 22,398 20,843 16,196 14,905 12,895 12,347 9,245 9,531.4 9,497.8 8,141.5 6,401.2 5,387.4 4,562.5 2,313.5 2,091.3 1,829.4 1,348.0 613.6 220.5
Debt Metrics
Total Debt 15,991 13,759 11,950 12,377 11,157 8,600 7,092 5,214 4,854 3,874 4,138.5 3,924.5 2,986.3 2,195.9 2,073.6 1,378.5 969.5 908.8 681.5 482 18 55.5
Net Debt 15,067 13,124 11,415 12,074 10,785 8,346 6,916 (296) (316) 3,651 (257) 3,729.9 2,836.6 (269.0) 1,952.8 1,277.8 870.2 819.4 660.4 390.5 1.4 28.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Operating Activities
Net Income 1,299 1,522 1,522 600 1,567 484 793 858 667 474 379 591 488.5 508.2 319.5 691.8 202.7 (139.5) 0 69.7 41.9 3.2
Depreciation & Amortization 0 0 0 0 0 0 0 0 1 1 0.7 0.8 0.8 0.8 0.9 0.9 0.7 0.5 0.4 0.3 0 0
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (82) 190 31 (147) 208 78 (39) 16 3 (2) (30.9) (0.6) 10.3 58.2 31.3 (93.8) 0 0 0 0 0 0
Other Non-Cash Items (75) (430) (553) 293 (840) 172 (73) (208) (2,537) 234 11.5 (1,249.8) (1,797.2) (818.1) (748.5) (563.6) (221.6) (194.3) (514,156,048.4) (593.0) (390.2) (191.3)
Operating Cash Flow 1,142 1,282 1,000 746 935 734 681 666 (1,866) 707 360.4 (658.5) (1,297.6) (250.9) (396.9) (656.5) 12.3 (309.0) (514.2) (518.3) (350.0) (187.8)
Investing Activities
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (774,190) 0 0 0 0 0 0
Purchases of Investments (14,075) (12,622) (5,804) (9,852) (13,644) (6,759) (6,796) (7,109) (7,229) (3,475) (3,815,974) (4,536,804) (3,494,767) (3,160,021) (3,263,626) (1,559,819) (575.0) (925.9) (1,311,301,216) 0 0 0
Sales/Maturities of Investments 11,216 9,212 5,315 7,747 10,250 5,468 4,905 6,747 7,047 3,711 3,692,199 3,411,764 1,722,672 2,494,062 2,516,090 1,562,356 461.8 497.3 725,180,893 0 0 0
Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (574.8) 0 0
Investing Cash Flow (2,859) (3,410) (489) (2,105) (3,394) (1,291) (1,891) (362) (182) 236 (123,775) (1,125,040) (1,772,095) (665,959) (747,536) (771,653) (113.2) (428.7) (586,120,323) (574.8) 0 0
Financing Activities
Net Debt Issuance 2,162 2,258 (388) 1,137 2,558 1,542 1,779 351 981 (249) 197 923 777.2 120.9 719.4 (442.8) 85.3 229.8 200.3 464 (37.5) 54.7
Stock Repurchased 0 0 0 0 0 (100) 0 0 0 (5) (2) 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (1,264) (1,139) (1,031) (912) (694) (679) (694) (656) (642) (477) (487) (464) (411.5) (357.3) (277.1) (229.8) (189.6) (109.2) (99.9) (74.5) (17.3) 0
Other Financing Activities (45) (59) (20) (16) (64) (60) (59) (19) (37) (10) (6) (13) (21.0) (44.4) (25.3) 0 (7.2) (3.1) (0.9) (8.0) (2.8) 0
Financing Cash Flow 1,781 2,424 (284) 1,210 2,619 707 1,090 (324) 2,141 (741) (298) 704 1,178.2 399.2 416.9 658.0 (2.4) 377.2 443.8 593.2 339.8 214.6
Cash Position
Net Change in Cash 64 296 227 (149) 160 150 (120) (20) 93 (34) 62 45.4 149.6 148.3 20.0 1.5 9.8 68.2 (70.4) 74.9 (10.2) 26.8
Cash at Beginning 860 564 337 486 326 176 296 316 223 257 194.6 149.6 269.0 120.8 100.8 99.2 89.4 21.1 91.5 16.6 26.8 0.0
Cash at End 924 860 564 337 486 326 176 296 316 223 257.1 195 149.6 269.0 120.8 100.8 99.2 89.4 21.1 91.5 16.6 26.8
Free Cash Flow 1,142 1,282 1,000 746 935 734 681 666 (1,866) 0 0 0 (1,297.6) (250.9) (396.9) (656.5) 12.3 (309.0) (514.2) (518.3) (350.0) (187.8)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Income Statement
Revenue 3,145 2,367 2,166 1,196 2,050 858 1,115 1,119 974 737 678 866 712.8 696.7 731.0 528.8 200.0 192.4 195.4 99.9 47.2 4.3
Gross Profit 2,380 1,708 1,636 741 1,678 541 824 879 749 570 478 676 541.3 553.8 547.1 399.9 136.3 130.2 137.7 99.9 47.1 4.3
Operating Income 2,191 1,595 1,542 655 1,596 503 809 877 686 495 397 609 502.6 519.4 289.9 221.2 134.0 127.2 94.1 61.6 27.1 2.7
Net Income 1,299 1,522 1,522 600 1,567 484 793 858 667 474 379 591 488.5 508.2 319.5 492.0 202.7 (139.5) 90.8 88.3 43.4 3.3
EPS (Diluted) 1.86 2.44 2.68 1.19 3.51 1.14 1.86 2.01 1.57 1.51 1.20 1.94 1.83 2.21 1.56 3.91 1.98 -1.56 1.34 1.58 1.78 0.29
Balance Sheet
Cash & Equivalents 924 635 535 303 372 254 176 296 316 223 257 194.6 149.6 269.0 120.8 100.8 99.2 89.4 21.1 91.5 16.6 26.8
Total Assets 31,235 28,254 23,800 22,398 20,843 16,196 14,905 12,895 12,347 9,245 9,531.4 9,497.8 8,141.5 6,401.2 5,387.4 4,562.5 2,313.5 2,091.3 1,829.4 1,348.0 613.6 220.5
Total Debt 15,991 13,759 11,950 12,377 11,157 8,600 7,092 5,214 4,854 3,874 4,138.5 3,924.5 2,986.3 2,195.9 2,073.6 1,378.5 969.5 908.8 681.5 482 18 55.5
Stockholders' Equity 14,318 13,355 11,201 9,555 8,868 7,176 7,467 7,300 7,098 5,165 5,173 5,283.7 4,904.4 3,988.3 3,147.3 3,050.5 1,257.9 1,094.9 1,124.5 789.4 569.6 159.7
Cash Flow
Operating Cash Flow 1,142 1,282 1,000 746 935 734 681 666 (1,866) 707 360.4 (658.5) (1,297.6) (250.9) (396.9) (656.5) 12.3 (309.0) (514.2) (518.3) (350.0) (187.8)
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Free Cash Flow 1,142 1,282 1,000 746 935 734 681 666 (1,866) 0 0 0 (1,297.6) (250.9) (396.9) (656.5) 12.3 (309.0) (514.2) (518.3) (350.0) (187.8)