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Ares Capital ARCC Debt-to-equity

Debt-to-equity at other companies

Blackrock logo
BlackrockBLK
0.3×0.0×
Ares Management Corporation logo
Ares Management CorporationARES
0.2×0.0×
SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
0.2×-0.3×
Ladder Capital logo
Ladder CapitalLADR
0.0×
LFT
Lument Finance TrustLFT
0.2×0.0×
ACR
ACRES Commercial RealtyACR
4.4×+1.5×

Other financials

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

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Market cap$12.95B-14.7%
Enterprise value$28.29B-0.2%
P/E11.3×-0.3×

Returns & leverage

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Return on equity8.3%-2.0pp

Where this comes from

Calculated from Ares Capital’s reported figures.

Based on the most recent quarter.

The official record: Ares Capital’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ares Capital's debt-to-equity?
Ares Capital (ARCC) reported debt-to-equity of 1.1× in Q1 2026.
How has Ares Capital's debt-to-equity changed year-over-year?
Ares Capital's debt-to-equity increased by 10.7% year-over-year, from 1× to 1.1×.
What is the long-term trend for Ares Capital's debt-to-equity?
Over 4 years (2021 to 2025), Ares Capital's debt-to-equity has grown at a -2.7% compound annual growth rate (CAGR), from 1.2× to 1.1×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.