ARCC Ares Capital Corp

Price (delayed)

$20.59

Market cap

$11.99B

P/E Ratio

7.49

Dividend/share

$1.92

EPS

$2.75

Enterprise value

$23.36B

Founded in 2004, Ares Capital is a leading specialty finance company focused on providing direct loans and other investments in private middle market companies in the United States. Ares Capital's ...

Highlights
The company's net income has surged by 154% YoY and by 19% QoQ
Ares Capital's EPS has soared by 127% YoY and by 16% from the previous quarter
The company's debt rose by 3.1% QoQ but it fell by 3.1% YoY
The gross margin has declined by 7% year-on-year and by 2.4% since the previous quarter

Key stats

What are the main financial stats of ARCC
Market
Shares outstanding
582.31M
Market cap
$11.99B
Enterprise value
$23.36B
Valuations
Price to book (P/B)
1.05
Price to sales (P/S)
4.36
EV/EBIT
11
EV/EBITDA
11
EV/Sales
8.94
Earnings
Revenue
$2.61B
EBIT
$2.12B
EBITDA
$2.12B
Free cash flow
$511M
Per share
EPS
$2.75
Free cash flow per share
$0.92
Book value per share
$19.67
Revenue per share
$4.72
TBVPS
$42.96
Balance sheet
Total assets
$23.8B
Total liabilities
$12.6B
Debt
$11.94B
Equity
$11.2B
Working capital
N/A
Liquidity
Debt to equity
1.07
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.35
Margins
EBITDA margin
81.3%
Gross margin
73.1%
Net margin
58.2%
Operating margin
71.5%
Efficiency
Return on assets
6.7%
Return on equity
14.4%
Return on invested capital
6.3%
Return on capital employed
N/A
Return on sales
81.3%
Dividend
Dividend yield
9.32%
DPS
$1.92
Payout ratio
69.8%

ARCC stock price

How has the Ares Capital stock price performed over time
Intraday
0.83%
1 week
1.53%
1 month
3.21%
1 year
11.9%
YTD
2.8%
QTD
-1.1%

Financial performance

How have Ares Capital's revenue and profit performed over time
Revenue
$2.61B
Gross profit
$1.91B
Operating income
$1.87B
Net income
$1.52B
Gross margin
73.1%
Net margin
58.2%
The company's net income has surged by 154% YoY and by 19% QoQ
The company's net margin has surged by 103% YoY and by 15% QoQ
ARCC's revenue is up by 25% year-on-year and by 2.6% since the previous quarter
The company's operating income rose by 17% YoY

Growth

What is Ares Capital's growth rate over time

Valuation

What is Ares Capital stock price valuation
P/E
7.49
P/B
1.05
P/S
4.36
EV/EBIT
11
EV/EBITDA
11
EV/Sales
8.94
Ares Capital's EPS has soared by 127% YoY and by 16% from the previous quarter
The P/E is 53% less than the 5-year quarterly average of 16.0 and 27% less than the last 4 quarters average of 10.2
The equity has increased by 17% year-on-year and by 3.6% since the previous quarter
ARCC's P/B is 5% higher than its 5-year quarterly average of 1.0 and 5% higher than its last 4 quarters average of 1.0
ARCC's revenue is up by 25% year-on-year and by 2.6% since the previous quarter
The price to sales (P/S) is 7% lower than the 5-year quarterly average of 4.7

Efficiency

How efficient is Ares Capital business performance
The ROA has soared by 139% YoY and by 18% QoQ
The company's return on equity has surged by 125% YoY and by 14% QoQ
ARCC's ROIC has soared by 85% year-on-year and by 13% since the previous quarter
Ares Capital's ROS has soared by 53% YoY and by 10% from the previous quarter

Dividends

What is ARCC's dividend history
DPS
$1.92
Dividend yield
9.32%
Payout ratio
69.8%
Recent dividends

Financial health

How did Ares Capital financials performed over time
ARCC's total assets is 89% greater than its total liabilities
ARCC's total assets is up by 6% year-on-year and by 3.8% since the previous quarter
The total liabilities has grown by 4.1% from the previous quarter
The company's debt is 7% higher than its equity
ARCC's debt to equity is down by 17% YoY
The equity has increased by 17% year-on-year and by 3.6% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.