Ares Capital Corp (ARCC) Financial Statements
In fiscal 2025, Ares Capital reported revenue of $3.05B, up 2.1% from $2.99B the year before. Net income was $1.30B (a 42.6% net margin), or $1.86 per diluted share. Operating activities generated -$1.72B of cash. At fiscal year end, Ares Capital held $31.23B in total assets against $16.92B in total liabilities, including $638.0M of cash and equivalents.
Open the full interactive Ares Capital financials → Quarterly statements, key ratios, valuation history and price charts.
Ares Capital Key Stats
| Share Price | $18.56 |
|---|---|
| Market Cap | $13.33B |
| P/E Ratio | 10.0 |
| Dividend Yield | 9.97% |
| Revenue YoY Growth | +2.1% |
| 52-Week Range | $16.60 – $19.70 |
| Shares Outstanding | 718.0 million (basic, 2026 Q2) |
Ares Capital Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $2.10B | $2.61B | $2.99B | $3.05B |
| Pre-Tax Income | $600.0M | $1.52B | $1.52B | $1.30B |
| Net Income | $600.0M | $1.52B | $1.52B | $1.30B |
| Diluted EPS | $1.19 | $2.68 | $2.44 | $1.86 |
Ares Capital Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $782.0M | $793.0M | $763.0M | $768.0M |
| Net Income | $404.0M | $293.0M | $92.0M | $171.0M |
| Diluted EPS | $0.57 | $0.42 | $0.13 | $0.24 |
Ares Capital Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | $303.0M | $535.0M | $635.0M | $638.0M |
| Total Assets | $22.40B | $23.80B | $28.25B | $31.23B |
| Total Long-Term Debt | $12.21B | $11.88B | $13.73B | $15.99B |
| Total Liabilities | $12.84B | $12.60B | $14.90B | $16.92B |
| Shareholders' Equity | $9.55B | $11.20B | $13.36B | $14.32B |
Ares Capital Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | -$1.36B | $511.0M | -$2.13B | -$1.72B |
| Cash From Financing | $1.21B | -$284.0M | $2.42B | $1.78B |
| Dividends Paid | $912.0M | $1.03B | $1.14B | $1.26B |
Figures from Ares Capital's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Ares Capital financials page for every line item.
Ares Capital Company Profile
| Ticker | ARCC |
|---|---|
| Exchange | Nasdaq |
| Headquarters | New York, New York |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001287750 |
Frequently Asked Questions
What was Ares Capital's revenue in fiscal 2025?
Ares Capital (ARCC) reported revenue of $3.05B for fiscal 2025.
What is Ares Capital's annual revenue history?
Ares Capital's annual revenue by fiscal year: 2022: $2.10B; 2023: $2.61B; 2024: $2.99B; 2025: $3.05B.
What was Ares Capital's net income in fiscal 2025?
Ares Capital reported net income of $1.30B for fiscal 2025.
What was Ares Capital's earnings per share (EPS) in fiscal 2025?
Ares Capital's diluted EPS was $1.86 for fiscal 2025 (adjusted for any later stock splits).
What was Ares Capital's revenue last quarter?
In its most recent reported quarter (2026 Q2), Ares Capital reported revenue of $768.0M.
How much debt does Ares Capital have?
Ares Capital reported $15.99B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Ares Capital are outstanding?
Ares Capital reported a weighted average of 718.0 million basic shares outstanding in 2026 Q2.
What is Ares Capital's market cap?
Based on its latest closing price, Ares Capital (ARCC) has a market capitalization of about $13.33B.
When does Ares Capital's fiscal year end?
Ares Capital's fiscal year end, as registered with the SEC, is December 31.
Where is Ares Capital headquartered?
Ares Capital lists its business address in New York, New York in its SEC filings.