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Ares Capital ARCC Unrealized losses

Discontinued — last reported Q4 '25

Unrealized losses at other companies

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$1.14B-45.8%
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$4M+11.1%
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$52M-71.7%
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BKBK
$1.07B
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PopularBPOP
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Segments

By segment

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Consolidated IHAM Vehicles-$102M-267%

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:TaxBasisOfInvestmentsGrossUnrealizedDepreciation.

The official record: Ares Capital’s 10-K, filed February 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ares Capital's unrealized losses?
Ares Capital (ARCC) reported unrealized losses of $1B in Q4 2025.
How has Ares Capital's unrealized losses changed year-over-year?
Ares Capital's unrealized losses decreased by 33.3% year-over-year, from $1.5B to $1B.
What is the long-term trend for Ares Capital's unrealized losses?
Over 4 years (2021 to 2025), Ares Capital's unrealized losses has grown at a 9.3% compound annual growth rate (CAGR), from $700M to $1B.
What does unrealized losses mean?
The total amount of losses on investments that have not yet been sold for tax purposes.
How do you interpret unrealized losses?
Higher values indicate portfolio underperformance and potential tax-deductible losses.
How does unrealized losses compare across companies?
Standard disclosure for investment companies to quantify tax-basis portfolio risk.