ARCC Ares Capital Corp

  1. Stocks
  2. Financial Services
  3. NASDAQ: ARCC

Price (delayed)

$18.82

Market cap

$10.25B

P/E Ratio

14.48

Dividend/share

$1.81

EPS

$1.3

Enterprise value

$21.14B

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 gross profit rose by 43% year-on-year and by 9% since the previous quarter
ARCC's revenue is up by 22% year-on-year and by 8% since the previous quarter
Ares Capital's EPS has plunged by 58% YoY but it has increased by 7% from the previous quarter
The company's net income has shrunk by 53% YoY but it rose by 11% QoQ
Sector: Financial Services
Industry: Asset Management
Website: http://www.arescapitalcorp.com
Peers: OCSL OFS

Key stats

What are the main financial stats of ARCC
Market
Shares outstanding
544.58M
Market cap
$10.25B
Enterprise value
$21.14B
Valuations
Price to earnings (P/E)
14.48
Price to book (P/B)
1.02
Price to sales (P/S)
4.42
EV/EBIT
17.45
EV/EBITDA
17.45
EV/Sales
9.3
Earnings
Revenue
$2.27B
EBIT
$1.21B
EBITDA
$1.21B
Free cash flow
-$968M
Per share
EPS
$1.3
Free cash flow per share
-$1.81
Book value per share
$18.45
Revenue per share
$4.26
TBVPS
$40.85
Balance sheet
Total assets
$21.81B
Total liabilities
$11.76B
Debt
$11.27B
Equity
$10.05B
Working capital
N/A
Liquidity
Debt to equity
1.12
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
8.99
Margins
EBITDA margin
53.3%
Gross margin
78.9%
Net margin
29.3%
Operating margin
77.3%
Efficiency
Return on assets
3%
Return on equity
7%
Return on invested capital
3.6%
Return on capital employed
N/A
Return on sales
53.3%
Dividend
Dividend yield
9.62%
DPS
$1.81
Payout ratio
139.2%

ARCC stock price

How has the Ares Capital stock price performed over time
Intraday
0.8%
1 week
0.53%
1 month
5.67%
1 year
-3.04%
YTD
1.89%
QTD
2.98%

Financial performance

How have Ares Capital's revenue and profit performed over time
Revenue
$2.27B
Gross profit
$1.8B
Operating income
$1.76B
Net income
$667M
Gross margin
78.9%
Net margin
29.3%
The company's net margin has shrunk by 61% YoY but it rose by 2.4% QoQ
The company's net income has shrunk by 53% YoY but it rose by 11% QoQ
The company's operating income rose by 45% YoY and by 10% QoQ
The gross profit rose by 43% year-on-year and by 9% since the previous quarter

Growth

What is Ares Capital's growth rate over time

Valuation

What is Ares Capital stock price valuation
P/E
14.48
P/B
1.02
P/S
4.42
EV/EBIT
17.45
EV/EBITDA
17.45
EV/Sales
9.3
Ares Capital's EPS has plunged by 58% YoY but it has increased by 7% from the previous quarter
The P/E is 23% more than the last 4 quarters average of 11.8 but 6% less than the 5-year quarterly average of 15.4
The equity has increased by 7% year-on-year and by 5% since the previous quarter
ARCC's P/B is 2% higher than its 5-year quarterly average of 1.0 and 2% higher than its last 4 quarters average of 1.0
ARCC's revenue is up by 22% year-on-year and by 8% since the previous quarter
The price to sales (P/S) is 10% lower than the 5-year quarterly average of 4.9

Efficiency

How efficient is Ares Capital business performance
The ROA has shrunk by 58% YoY but it has increased by 7% QoQ
The company's return on equity has shrunk by 57% YoY but it rose by 9% QoQ
Ares Capital's ROS has decreased by 45% YoY
ARCC's ROIC is down by 42% year-on-year but it is up by 6% since the previous quarter

Dividends

What is ARCC's dividend history
Dividend details
DPS
$1.81
Dividend yield
9.62%
Payout ratio
139.2%
Recent dividends

Financial health

How did Ares Capital financials performed over time
ARCC's total assets is 85% greater than its total liabilities
The total liabilities has contracted by 8% from the previous quarter but it has grown by 6% YoY
ARCC's total assets is up by 7% year-on-year but it is down by 2.6% since the previous quarter
The company's debt is 12% higher than its equity
ARCC's debt to equity is down by 13% QoQ
The company's debt fell by 9% QoQ but it rose by 6% YoY

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