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Ares Capital ARCC Capital gains incentive fee

Capital gains incentive fee at other companies

The Carlyle Group logo
The Carlyle GroupCG
$10.4M+15.6%
Ready Capital logo
Ready CapitalRC
$269K
The Carlyle Group logo
The Carlyle GroupCG
$60M+5.6%
The Carlyle Group logo
The Carlyle GroupCG
-$283.1M-1,787%
The Carlyle Group logo
The Carlyle GroupCG
$4.8M+300%
Brookfield Asset Management logo
Brookfield Asset ManagementBAM
$22M-33.3%

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
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Ares Capital in its filing.

Tagged under the XBRL concept arcc:IncentiveFeeExpenseReversal.

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 capital gains incentive fee?
Ares Capital (ARCC) reported capital gains incentive fee of -$61M in Q1 2026.
How has Ares Capital's capital gains incentive fee changed year-over-year?
Ares Capital's capital gains incentive fee decreased by 144.0% year-over-year, from -$25M to -$61M.
What is the long-term trend for Ares Capital's capital gains incentive fee?
Over 2 years (2022 to 2024), Ares Capital's capital gains incentive fee has grown at a -56.6% compound annual growth rate (CAGR), from -$101M to $19M.
What does capital gains incentive fee mean?
A reduction in previously recorded incentive fees due to changes in investment performance.
How do you interpret capital gains incentive fee?
A reversal often signals a decline in the value of the portfolio or a reduction in expected future performance-based payouts.
How does capital gains incentive fee compare across companies?
Specific to BDCs with capital gains incentive structures; peers report these as adjustments to operating expenses.