ARCC

Ares Capital Corporation
NASDAQFINANCIAL SERVICESASSET MANAGEMENT

Key Statistics

Market Cap
$14.10B
P/E Ratio
14.88
EPS
$1.32
Beta
0.62
52W High
$20.44
52W Low
$16.97
50-Day MA
$18.88
200-Day MA
$19.32
Dividend Yield
9.66%
Profit Margin
30.90%
Forward P/E
10.52
PEG Ratio
3.72

About Ares Capital Corporation

Ares Capital Corporation (ARCC) is a prominent publicly traded business development company that focuses on delivering tailored financing solutions to middle-market firms across diverse sectors. The company employs a dual investment strategy that integrates both debt and equity investments, aiming to achieve strong risk-adjusted returns while prioritizing capital preservation. Backed by the extensive expertise of Ares Management Corporation, ARCC's disciplined credit analysis and diversified investment portfolio position it to capitalize on growth opportunities and enhance long-term shareholder value in the evolving private equity landscape.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$3.11B
Gross Profit (TTM)$3.11B
EBITDA
Operating Margin75.60%
Return on Equity6.88%
Return on Assets4.94%
Revenue/Share (TTM)$4.34
Book Value$19.35
Price-to-Book1.03
Price-to-Sales (TTM)4.54
EV/Revenue25.59
EV/EBITDA10.19
Quarterly Earnings Growth (YoY)-54.10%
Quarterly Revenue Growth (YoY)3.10%
Shares Outstanding$718.02M
Float0
% Insiders0.56%
% Institutions35.96%

Historical Volatility

HV 10-Day
24.47%
HV 20-Day
21.08%
HV 30-Day
19.22%
HV 60-Day
17.26%
HV Rank
58.7%

Volatility is currently expanding

Analyst Ratings

Consensus ($20.62 target)
4
Strong Buy
7
Buy
3
Hold

Latest News

Ares Capital: Q2 Performance Bounces Back, But Some Stress Remains

Ares Capital delivered a 1.3% total NAV return in Q2, with idiosyncratic credit markdowns driving subdued performance. ARCC trades at a 3% discount and 10.2% dividend yield, but dividend coverage is slightly below 100%. Portfolio quality remains solid, with diversified exposure and robust software sector performance.

Seeking Alpha8/7/2026Positive
Ares Capital: Income Investors Shouldn't Panic

Ares Capital reported Q2 earnings reflecting rising macro risks but maintains strong fundamentals and dividend safety for now. Net investment income fell to $0.50, with dividend coverage declining to 104%, yet portfolio growth and diversification remain robust. Non-accruals increased to 2.4% on cost, but management's spillover income and modest leverage support near-term dividend stability.

Seeking Alpha8/6/2026Positive
Ares Capital: 104% Coverage, NII Growth, Stable Dividend For Now

Ares Capital delivered mid-single-digit net investment income growth in Q2, supported by a growing portfolio value and higher net interest income. ARCC remains focused on first and second liens. Rate cuts pose a medium-term risk given that the BDC is 71% invested in variable rate-paying loans. Dividend coverage remains robust at 104%, with a long history of uninterrupted payments. Non-accruals, however, are slightly rising and currently stand at 1.4%, based on FV.

Seeking Alpha8/5/2026Positive
Ares Capital Is Stronger Than You Think

Ares Capital has been gradually declining for many quarters now. ARCC is my largest BDC position, and I continue adding regularly. Q2 results were great with stable non-accruals, great net investment income compared to peers, and above-average dividend coverage.

Seeking Alpha8/4/2026Positive
Ares Capital: 20 Big-Yield BDCs Ranked For A Maturing Market

Big 10%+ yield BDC, Ares Capital, just announced fairly positive quarterly results, despite increasing industry challenges. After reviewing the current BDC market environment, this report ranks 20 top BDCs into three distinct tiers, including a special focus on ARCC. The report concludes with a strong opinion on investing in BDCs as the overall industry matures and investing in ARCC in particular.

Seeking Alpha7/30/2026Positive

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Data last updated: 8/18/2026