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Ares Capital

ARCC

Ares Capital Corporation is a leading specialty finance company and business development company (BDC) that provides customized financing solutions to U.S. middle-market companies.

Market cap
$13.56B-15.0%
Net income$1.2B-12.5%
EPS (diluted)$1.63-20.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q1 2026

Income statement

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Net income$92.0M-61.8%
EPS (diluted)$0.13-63.9%

Balance sheet

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Cash & equivalents$505.0M-31.9%
Total debt$15.8B+13.8%
Total equity$14.1B+2.9%
Total assets$30.7B+8.3%

Cash flow

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Operating cash flow$184.0M+162%

Valuation & ratios

Valuation

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Market cap$13.56B-15.0%
Enterprise value$28.91B-1.0%
P/E11.8×+0.1×

Returns & leverage

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Return on equity8.3%-2.0pp
Debt / equity1.1×+0.1×

Competitors

Profile

Ares Capital Corporation is a leading specialty finance company and business development company (BDC) that provides customized financing solutions to U.S. middle-market companies. The company generates current income and capital appreciation by investing across the capital structure, primarily through senior secured loans and subordinated debt. It leverages the global platform of its affiliate, Ares Management Corporation, to self-originate and lead investment transactions.

Competitive position

The largest publicly traded business development company by market capitalization with a significant competitive advantage derived from its affiliation with the broader Ares Management platform.

GeographiesUnited States
Customer segmentsMiddle-market companies, Private equity firms, Financial sponsors
Business modelInvestment Management, Direct Lending
SuppliersInstitutional investors, Public equity markets, Debt capital markets, Ares Management Corporation platform resources
CustomersMiddle-market corporate borrowers, Private equity portfolio companies
Listed2004
Employees870.0
CEOKort Schnabel
FilingsSEC EDGAR

Questions, answered.

What is Ares Capital's market cap?
Ares Capital (ARCC) has a market capitalization of $13.6B and trades on NASDAQ.
Who are Ares Capital's competitors?
Ares Capital's key competitors include FS KKR Capital Corp, Blue Owl Capital, BlackRock, and others. These companies compete in similar markets and product categories.
Who does Ares Capital partner with?
Ares Capital's notable partners include Ares Management Corporation, Moody's Investors Service, Fitch Ratings, and others.
What subsidiaries does Ares Capital have?
Ares Capital's subsidiaries include Ares Capital Management LLC, Ares Operations LLC.
Where is Ares Capital headquartered?
Ares Capital is headquartered in United States of America and employs approximately 870 people. It has been publicly traded since 2004.