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Ares Capital ARCC Paid-in-kind interest income

Paid-in-kind interest income at other companies

Chicago Atlantic Real Estate Finance logo
Chicago Atlantic Real Estate FinanceREFI
$1.28M-20.1%

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 us-gaap:InterestIncomeOperatingPaidInKind.

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 paid-in-kind interest income?
Ares Capital (ARCC) reported paid-in-kind interest income of $52M in Q1 2026.
How has Ares Capital's paid-in-kind interest income changed year-over-year?
Ares Capital's paid-in-kind interest income increased by 4.0% year-over-year, from $50M to $52M.
What is the long-term trend for Ares Capital's paid-in-kind interest income?
Over 3 years (2021 to 2025), Ares Capital's paid-in-kind interest income has grown at a 10.1% compound annual growth rate (CAGR), from $164M to $219M.
What does paid-in-kind interest income mean?
Interest income earned that is added to the loan balance rather than paid in cash.
How do you interpret paid-in-kind interest income?
High levels may indicate potential credit risk or borrower liquidity constraints, as cash is not being collected.
How does paid-in-kind interest income compare across companies?
Common in BDCs; high PIK income is often viewed as a signal of lower quality credit assets.