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Ares Capital ARCC Capital loss carryforwards subject to limitations

Capital loss carryforwards subject to limitations at other companies

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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$14.09B-11.0%
Enterprise value$29.43B+0.5%
P/E12.3×+0.5×

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:InvestmentCompanyDistributableEarningsLossAccumulatedCapitalLossCarryforwardSubjectToLimitation.

The source filing: Ares Capital’s 10-K, filed February 4, 2026.

Filed
Feb 4, 2026, 6:18 AM EST
Fiscal year
FY2025
Accession
0001287750-26-000006

Capital losses in excess of capital gains earned in a tax year may generally be carried forward and used to offset capital gains, subject to certain limitations. As of December 31, 2025, the Company estimates that it will have a capital loss carryforward of approximately $278 available for use in later tax years. While the Company’s ability to utilize losses in the future depends on a variety of factors that cannot be known in advance, approximately $92 of the capital loss carryforwards will be subject to limitations under Section 382 of the Code. The unused balance will be carried forward and utilized as gains are realized, subject to such limitations.

Item 1. Financial Statements

FAQ

What is Ares Capital's capital loss carryforwards subject to limitations?
Ares Capital (ARCC) reported capital loss carryforwards subject to limitations of $92M in Q4 2025.
What is the long-term trend for Ares Capital's capital loss carryforwards subject to limitations?
Over 2 years (2023 to 2025), Ares Capital's capital loss carryforwards subject to limitations has grown at a 0.0% compound annual growth rate (CAGR), from $92M to $92M.
What does capital loss carryforwards subject to limitations mean?
This metric identifies the portion of capital loss carryforwards that are subject to specific regulatory or tax code limitations on their usage. It helps investors understand the constraints on the company's ability to utilize these tax assets against future gains.

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