Where do Ares Capital's ratios come from?

Every ratio is computed from Ares Capital's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Ares Capital ARCC Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Returns
Return on equity	8.3%-2.0pp	9.4%-3.0pp	10.1%-3.3pp	10.3%-4.6pp	10.3%-5.2pp
Return on assets	3.9%-1.1pp	4.4%-1.5pp	4.7%-1.6pp	4.9%-2.1pp	5%-2.4pp
Leverage
Debt-to-equity	1.1×+0.1×	1.1×+0.1×	1.1×0.0×	1×0.0×	1×0.0×
Debt-to-assets	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×
Per Share
Book value per share	$19.59-3.1%	$20.48-4.3%	$20.20+0.4%	$20.19+0.6%	$20.22+0.7%
Valuation
Market capitalization	$12.94B-14.7%	$14.48B+2.4%	$14.4B+9.1%	$14.94B+16.6%	$15.17B+20.1%
Enterprise value	$28.28B-0.2%	$29.55B+9.4%	$28.75B+10.2%	$28.38B+13.1%	$28.35B+19.3%
Price / earnings	11.3×-0.3×	11.1×+1.9×	10.6×+2.2×	11×+3.4×	11.5×+4.1×
Price / book	0.9×-0.2×	1×0.0×	1×0.0×	1.1×0.0×	1.1×0.0×
Earnings yield	8.9%+0.2pp	9%-1.8pp	9.5%-2.5pp	9.1%-4.1pp	8.7%-4.7pp
Dividend yield	10.1%+2.3pp	8.7%+0.7pp	8.7%+0.3pp	8.1%-0.2pp	7.8%-0.5pp

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Questions, answered.

Where do Ares Capital's ratios come from?: Every ratio is computed from Ares Capital's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.