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Ares Capital NasdaqGS:ARCC Stock Report

Last Price

US$22.73

Market Cap

US$14.9b

7D

-2.9%

1Y

13.6%

Updated

06 Feb, 2025

Data

Company Financials +

Ares Capital Corporation

NasdaqGS:ARCC Stock Report

Market Cap: US$14.9b

ARCC Stock Overview

A business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. More details

ARCC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Ares Capital Corporation Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of share price highs, lows and changes for Ares Capital
Historical stock prices
Current Share PriceUS$22.73
52 Week HighUS$23.84
52 Week LowUS$19.32
Beta1.06
1 Month Change2.99%
3 Month Change5.57%
1 Year Change13.59%
3 Year Change2.85%
5 Year Change18.57%
Change since IPO51.33%

Recent News & Updates

Ares Capital's Yields Are Shrinking (Rating Downgrade)

Feb 06

Ares Capital: Turning To Hold On My Top BDC Position

Jan 26

Ares Capital: Bullish Due To Higher Deal Activity

Dec 25

Recent updates

Ares Capital's Yields Are Shrinking (Rating Downgrade)

Feb 06

Ares Capital: Turning To Hold On My Top BDC Position

Jan 26

Ares Capital: Bullish Due To Higher Deal Activity

Dec 25

Ares Capital: BDC Market Leader That You Shouldn't Miss Buying

Nov 27

Ares Capital: A Magnificent 9% Yielding Cash Cow

Nov 20

Ares Capital: A Strong Q3 With Income Peak Likely Behind Us

Nov 12

Ares Capital: One Of The Safest High-Yielders Your Money Can Buy (Rating Upgrade)

Nov 04

Ares Capital: 8.9% Yield Standout Among BDC Peers

Oct 29

Ares Capital: Still Cheap Even As The Fed Shifts Down

Oct 19

The Battle Of Two Goliaths: Ares Capital Vs. FS KKR, Update

Sep 30

I Made Ares Capital One Of My Top BDC Positions

Sep 20

Ares Capital: Reduced Portfolio Risk At This 9%+ Yielder

Sep 06

Ares Capital: Why Investors Should Be Wary Of Rising Recession Risks

Aug 20

My Favorite Recession BDC: Ares Capital

Aug 12

Ares Capital: The Pros And Cons After Q2 FY24 Results (Rating Upgrade)

Aug 06

Ares Capital Q2 Earnings: Buy, Sell, Or Hold?

Jul 31

Ares Capital: One Of The Best Buys In The BDC Sector

Jul 21

Ares Capital: Keep Riding On Your Winning BDC Bets

Jun 30

Ares Capital: Another Strong Quarter Despite A Decline In Net Income

Jun 05

Ares Capital: Strong Performance And Low Leverage Signal Higher Dividends

May 24

Ares Capital: Building A Big-Yield Portfolio (BDCs, CEFs, REITs)

May 10

Ares Capital: A 9.2% Yielding BDC Cash Cow

May 03

Ares Capital: High Quality But Awaiting Better Entry (Downgrade)

Apr 26

Ares Capital: Attractive For Income Investors Yielding 9.6% Heading Into A Lower Rate Environment

Mar 25

Ares Capital's NAV, Valuation, And Dividend Versus 14 BDC Peers - Part 1 (Includes Recommendations As Of 3/8/2024)

Mar 13

Looking At Ares Capital's Financials Under Lower Interest Rates

Feb 20

Ares Capital: The Only 10% Yielding BDC You Need

Feb 12

Ares Capital: Dividend Looks Secure

Jan 30

Better Buy: Ares Capital Or Oaktree Specialty Lending? - Big Yields +10%

Oct 17

Ares Capital: A More Aggressive Fed Is Good For Its Earnings

Oct 07

Where Prospect Capital Clearly Beats Ares Capital

Sep 28

Better Buy: Ares Capital's 9.3% Yield Or FS KKR's 12.6%

Sep 16

Why We Own Ares Capital Instead Of Owl Rock Capital

Sep 07

Better Buy: Ares Capital's 8.8% Yield Or SLR Investment's 11%

Aug 24

More Attractive After Quarterly Results: Ares Capital Or Oaktree Specialty Lending?

Aug 09

Ares Capital Is Sliding And I Am Buying This 8% Yielding BDC

Aug 01

Ares Capital Non-GAAP EPS of $0.46 beats by $0.02, TII of $479M beats by $12.79M

Jul 26

Better 9%+ Yield Buy: Owl Rock Vs. Ares Capital

Jul 15

Load Up The Truck With 9.3% Yielding Ares Capital

Jun 28

Ares Capital: 10% Yield, Benefits From Rising Rates, Analyst Upgrades, 5% Discount

Jun 17

Ares Capital Stock: 2 Reasons A Dividend Cut Could Be Coming

Jun 02

Ares Capital Stock: Our Top Pick For The Rising Interest Rate Environment

May 12

Ares Capital: Bag This 8% Yield And Call It A Day

Apr 28

Ares Capital's NAV, Dividend, And Valuation Versus 15 BDC Peers - Part 2 (Includes Q2 + Q3 2022 Dividend Projection)

Mar 28

Ares Capital Stock: 3 Reasons Why Dividend Growth Is Set To Continue

Mar 11

Ares Capital Corp: The BDC King Retains Its Crown

Feb 20

Ares Capital: Best-Of-Breed BDC's 7.4% Yield Is A Buy

Feb 08

Ares Capital Yielding 7.7% Hits It Out Of The Park

Jan 23

Ares Capital: Dividend Strategy To Help Prepare For The New Market Realities

Jan 14

Ares Capital's NAV, Dividend, And Valuation Vs. 14 BDC Peers - Part 2 (Includes Q1 + Q2 2022 Dividend Projection)

Dec 16

Ares Capital's NAV, Dividend, And Valuation Vs. 14 BDC Peers - Part 1 (Post Q3 2021 Earnings)

Dec 08

Ares Capital: A Smart, Safe, Growing 8% Yielder You Can Count On

Nov 29

Ares Capital: 7.6% Yield, Outperforming The Market

Oct 29

Ares Capital: Book Value Premium And Growing Credit Risks Exacerbate Downside Risk

Oct 21

Why Buy A CD When I Can Buy Ares Capital?

Oct 15

Ares Capital's NAV, Dividend, And Valuation Vs. 14 BDC Peers - Part 2 (Includes Q4 2021 Dividend Projection)

Sep 17

Ares Capital's NAV, Dividend And Valuation Vs. 14 BDC Peers - Part 1 (Post Q2 2021 Earnings)

Sep 10

Ares Capital: 8.2% Yield, Have Your Cake And Eat It Too

Sep 01

Ares Capital Scores Big, Again, But ...

Aug 23

Ares Capital: A Monster Dividend With Plenty Of Potential

Jul 29

Invest In The American Dream With This Blue-Chip BDC: Ares Capital - Yield 8.1%

Jul 06

Ares Capital: Despite The Risks, This 8.0% Yield BDC Is Compelling

Jun 14

Ares Capital Q1 2021 Earnings Preview

Apr 27

Ares Capital's NAV, Dividend, And Valuation Vs. 14 BDC Peers - Part 2 (Includes Q1 2021 Dividend Projection)

Jan 10

Ares Capital prices $650M debt offering

Jan 07

Ares Capital's NAV, Dividend And Valuation Vs. 14 BDC Peers (Post Q3 2020 Earnings - Remains Attractively Valued)

Dec 29

Shareholder Returns

ARCCUS Capital MarketsUS Market
7D-2.9%-1.1%0.2%
1Y13.6%42.8%22.0%

Return vs Industry: ARCC underperformed the US Capital Markets industry which returned 42.8% over the past year.

Return vs Market: ARCC underperformed the US Market which returned 22% over the past year.

Price Volatility

Is ARCC's price volatile compared to industry and market?
ARCC volatility
ARCC Average Weekly Movement1.9%
Capital Markets Industry Average Movement3.6%
Market Average Movement6.1%
10% most volatile stocks in US Market18.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: ARCC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ARCC's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aRobert DeVeerwww.arescapitalcorp.com

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors.

Ares Capital Corporation Fundamentals Summary

How do Ares Capital's earnings and revenue compare to its market cap?
ARCC fundamental statistics
Market capUS$14.92b
Earnings (TTM)US$1.52b
Revenue (TTM)US$2.99b

9.6x

P/E Ratio

4.9x

P/S Ratio

Is ARCC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARCC income statement (TTM)
RevenueUS$2.99b
Cost of RevenueUS$0
Gross ProfitUS$2.99b
Other ExpensesUS$1.47b
EarningsUS$1.52b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.36
Gross Margin100.00%
Net Profit Margin50.90%
Debt/Equity Ratio103.0%

How did ARCC perform over the long term?

See historical performance and comparison

Dividends

8.4%

Current Dividend Yield

73%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 01:11
End of Day Share Price 2025/02/06 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ares Capital Corporation is covered by 32 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kannan VenkateshwarBarclays
Vernon PlackBB&T Capital Markets
David ChiaveriniBMO Capital Markets Equity Research