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Ares Capital Corporation (ARCC)

Listed on NASDAQ • Financial Services / Asset Management
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Overview

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. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.

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Key Information

Symbol: ARCC
CEO: Kort Schnabel
Exchange: NASDAQ
CIK: 0001287750
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
20.38
Change
0.11
Change %
0.54%
Open
20.27
Previous Close
20.27
High
20.43
Low
19.99
Volume
3,183,231
Market Cap
14,586,507,264
EV/EBITDA
12.77

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
715,726,600
FloatShares
0
Float Ratio
0.00%
Shares Short
14,939,623
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
2.10%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
2.14 trading days
Held Percent Insiders
0.54%
Held Percent Institutions
32.74%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date 2025-10-28
Earnings Call 2025-10-28
Avg EPS Estimate 0.4987
Low EPS Estimate 0.48
High EPS Estimate 0.52
Revenue
Avg Revenue Forecast 795,196,080
Low Revenue Forecast 772,000,000
High Revenue Forecast 815,000,000

ARCC Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$1,128,000,000Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio1.01The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio1.136The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$15,633,000,448Total liabilities, used together with cash and liquidity ratios to assess debt burden.

ARCC Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$0EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$-1,558,000,000Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$689,000,000Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin100.00%Gross margin; a higher value indicates stronger product profitability.
Operating Margin71.36%Operating margin; slightly negative, indicating high operating costs.
Profit Margin45.16%Net profit margin, which reflects overall profitability.

ARCC Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio109.15%Low leverage level, indicating the company has low debt pressure.
Total Debt$15,633,000,448Used together with cash and EBITDA to assess debt-paying ability.

ARCC Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)0.90%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)-8.20%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for ARCC (Key ratios, margins, and cash flow)

Field Value Description
Current Price$20.38Latest stock trading price
Price Target (High)$26Analyst highest expected price
Price Target (Low)$21Analyst lowest expected price
Price Target (Average)$22.75Average target price across analysts
Price Target (Median)$22.75Median of target prices
Average Rating Score1.53Average analyst rating (1=Strong Buy, 5=Sell)
Consensus RecommendationbuyConsensus rating
Analyst Coverage Count14Number of analysts providing estimates
Cash Holdings$1,128,000,000Total cash held by the company
Cash per Share$1.58Cash value per outstanding share
Total Debt$15,633,000,448Company's total debt
Quick Ratio1.01Ability to cover short-term liabilities (excludes inventory)
Current Ratio1.136Overall short-term liquidity
Debt/Equity Ratio109.15%Leverage ratio: Debt / Equity
EBITDA$0Earnings before interest, taxes, depreciation & amortization
Total Revenue$3,017,999,872Total company revenue
Revenue per Share$4.412Total revenue divided by shares outstanding
Gross Profit100.00%Revenue minus cost of goods sold
Return on Assets4.78%Net income / Total assets
Return on Equity10.06%Net income / Shareholder equity
Earnings Growth (YoY)-8.20%Year-over-year EPS growth
Revenue Growth (YoY)0.90%Year-over-year revenue growth
Gross Margin100.00%Gross profit / Total revenue
EBITDA Margin0.00%EBITDA / Revenue
Operating Margin71.36%Operating income / Revenue
Profit Margin45.16%Net income / Revenue
Free Cash Flow$689,000,000Cash left after capital expenditures
Operating Cash Flow$-1,558,000,000Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo