Ares Capital (ARCC) Financials: History & Chart

Ares Capital Corporation(ARCC)

Asset Management · Los Angeles, CA

$18.71-0.11 (-0.61%)

Delayed quote: Oct 6, 2026, 1:10 PM EDT

About Ares Capital Corporation

Ares Capital Corporation (ARCC) operates as a Business Development Company (BDC), delivering diverse financing solutions predominantly to middle-market enterprises. The firm's expertise lies in facilitating various corporate actions, including funding acquisitions, recapitalizations, and leveraged buyouts. It also extends mezzanine debt, assists with corporate restructurings, and provides crucial rescue financing, in addition to offering growth capital and general refinancing options. ARCC primarily targets investments in companies within the basic and growth manufacturing, business services, consumer products, healthcare (both products and services), and information technology service sectors. Opportunistically, it also explores prospects in industries such as restaurants, retail, oil and gas, and the broader technology space. Geographically, ARCC maintains a broad reach across the United States. Its New York office oversees investments in the Northeast, Mid-Atlantic, Southeast, and Southwest regions. The Chicago office manages opportunities in the Midwest, while its Los Angeles presence covers the Western region. In terms of deal parameters, ARCC typically commits between $20 million and $200 million per investment, with an upper limit of $400 million, targeting companies that generate an EBITDA of $10 million to $250 million. For debt-specific placements, the investment range is generally $10 million to $100 million. The company employs a wide array of financial instruments, including revolving credit facilities, first and second lien loans, unitranche structures, warrants, mezzanine debt, private high yield, junior capital, and subordinated debt, alongside selective non-control preferred and common equity investments. ARCC also evaluates participation in senior and subordinated debt financings led by other parties and strategically acquires stressed or discounted debt. It frequently assumes a lead or agent role in its transactions and actively seeks board representation in its portfolio companies.

Los Angeles, CA

4,250 employees

arcc.ares.com

Financial Services / Asset Management

Sector: Financial Services
Industry: Asset Management
CEO: Kort Schnabel

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	2.31B	768.00M	349.00M	540.00M	655.00M	579.00M	446.00M	567.00M	613.00M
Cost of Goods Sold	762.00M	173.00M	198.00M	196.00M	195.00M	172.00M	172.00M	174.00M	181.00M
Gross Profit	1.55B	595.00M	151.00M	344.00M	460.00M	407.00M	274.00M	393.00M	432.00M
Gross Profit Margin	67.0%	77.5%	43.3%	63.7%	70.2%	70.3%	61.4%	69.3%	70.5%
Total Operating Expenses	95.00M	14.00M	27.00M	25.00M	29.00M	29.00M	26.00M	23.00M	26.00M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	52.00M	14.00M	12.00M	11.00M	15.00M	13.00M	12.00M	10.00M	12.00M
Operating Income (EBIT)	1.46B	581.00M	124.00M	319.00M	431.00M	378.00M	248.00M	370.00M	406.00M
Operating Margin	62.9%	75.7%	35.5%	59.1%	65.8%	65.3%	55.6%	65.3%	66.2%
Income Before Tax (EBT)	1.06B	190.00M	124.00M	319.00M	431.00M	378.00M	248.00M	370.00M	406.00M
Interest Income	1.67B	N/A	550.00M	563.00M	561.00M	533.00M	526.00M	542.00M	568.00M
Interest Expense	803.00M	214.00M	198.00M	196.00M	195.00M	172.00M	172.00M	174.00M	181.00M
Other Income/Expense	-391.00M	-391.00M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	960.00M	171.00M	92.00M	293.00M	404.00M	361.00M	241.00M	357.00M	394.00M
Income Tax Expense	104.00M	19.00M	32.00M	26.00M	27.00M	17.00M	7.00M	13.00M	12.00M
Net Profit Margin	41.5%	22.3%	26.4%	54.3%	61.7%	62.3%	54.0%	63.0%	64.3%
EBITDA	1.46B	581.00M	124.00M	319.00M	431.00M	378.00M	248.00M	370.00M	406.00M
EBITDA Margin	62.9%	75.7%	35.5%	59.1%	65.8%	65.3%	55.6%	65.3%	66.2%
Depreciation & Amortization	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Basic	1.35	0.24	0.13	0.41	0.57	0.52	0.36	0.55	0.62
EPS Diluted	1.35	0.24	0.13	0.41	0.57	0.52	0.36	0.55	0.62
Weighted Average Basic Shares	718.00M	718.00M	718.00M	699.00M	709.00M	695.00M	676.00M	655.00M	635.00M
Weighted Average Diluted Shares	718.00M	718.00M	718.00M	699.00M	709.00M	695.00M	676.00M	655.00M	635.00M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	2.24B	2.37B	2.17B	1.20B	2.05B	858.00M	1.11B	1.12B
Cost of Goods Sold	736.00M	659.00M	530.00M	455.00M	372.00M	317.00M	291.00M	240.00M
Gross Profit	1.51B	1.71B	1.64B	741.00M	1.68B	541.00M	824.00M	879.00M
Gross Profit Margin	67.2%	72.2%	75.5%	62.0%	81.9%	63.1%	73.9%	78.6%
Total Operating Expenses	108.00M	113.00M	94.00M	86.00M	82.00M	38.00M	15.00M	2.00M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	51.00M	43.00M	42.00M	38.00M	39.00M	38.00M	45.00M	42.00M
Operating Income (EBIT)	1.40B	1.59B	1.54B	655.00M	1.60B	503.00M	809.00M	877.00M
Operating Margin	62.4%	67.4%	71.2%	54.8%	77.9%	58.6%	72.6%	78.4%
Income Before Tax (EBT)	1.40B	1.59B	1.54B	655.00M	1.60B	503.00M	809.00M	877.00M
Interest Income	2.18B	2.16B	1.96B	1.47B	1.25B	1.16B	1.18B	1.04B
Interest Expense	736.00M	659.00M	530.00M	455.00M	372.00M	317.00M	291.00M	240.00M
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	1.30B	1.52B	1.52B	600.00M	1.57B	484.00M	793.00M	858.00M
Income Tax Expense	99.00M	73.00M	20.00M	55.00M	29.00M	19.00M	16.00M	19.00M
Net Profit Margin	57.9%	64.3%	70.3%	50.2%	76.4%	56.4%	71.1%	76.7%
EBITDA	1.40B	1.59B	1.54B	655.00M	1.60B	503.00M	809.00M	877.00M
EBITDA Margin	62.4%	67.4%	71.2%	54.8%	77.9%	58.6%	72.6%	78.4%
Depreciation & Amortization	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Basic	1.86	2.44	2.75	1.21	3.51	1.14	1.86	2.01
EPS Diluted	1.86	2.44	2.68	1.19	3.51	1.14	1.86	2.01
Weighted Average Basic Shares	699.00M	624.00M	554.00M	498.00M	446.00M	424.00M	427.00M	426.00M
Weighted Average Diluted Shares	699.00M	624.00M	575.00M	518.00M	446.00M	424.00M	427.00M	426.00M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.