ARCC Ares Capital Corp

Price (delayed)

$20.39

Market cap

$10.12B

P/E Ratio

9.18

Dividend/share

$1.66

EPS

$2.22

Enterprise value

$21.7B

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 22% year-on-year and by 8% since the previous quarter
The equity has increased by 16% year-on-year
The P/E is 39% more than the last 4 quarters average of 6.6 but 39% less than the 5-year quarterly average of 15.0
Ares Capital's EPS has decreased by 43% YoY and by 28% from the previous quarter
The company's net income fell by 38% YoY and by 26% QoQ

Key stats

What are the main financial stats of ARCC
Market
Shares outstanding
496.24M
Market cap
$10.12B
Enterprise value
$21.7B
Valuations
Price to earnings (P/E)
9.18
Price to book (P/B)
1.08
Price to sales (P/S)
5.33
EV/EBIT
14.79
EV/EBITDA
14.79
EV/Sales
11.48
Earnings
Revenue
$1.89B
EBIT
$1.47B
EBITDA
$1.47B
Free cash flow
-$2.78B
Per share
EPS
$2.22
Free cash flow per share
-$5.63
Book value per share
$18.94
Revenue per share
$3.83
TBVPS
$44.12
Balance sheet
Total assets
$21.8B
Total liabilities
$12.46B
Debt
$11.84B
Equity
$9.34B
Working capital
N/A
Liquidity
Debt to equity
1.27
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
7.9
Margins
EBITDA margin
77.6%
Gross margin
71.4%
Net margin
54.9%
Operating margin
69.3%
Efficiency
Return on assets
5%
Return on equity
11.5%
Return on invested capital
4.8%
Return on capital employed
N/A
Return on sales
77.6%
Dividend
Dividend yield
8.14%
DPS
$1.66
Payout ratio
74.8%

ARCC stock price

How has the Ares Capital stock price performed over time
Intraday
-1.5%
1 week
1.19%
1 month
7.54%
1 year
1.34%
YTD
-3.78%
QTD
13.72%

Financial performance

How have Ares Capital's revenue and profit performed over time
Revenue
$1.89B
Gross profit
$1.35B
Operating income
$1.31B
Net income
$1.04B
Gross margin
71.4%
Net margin
54.9%
The company's net margin fell by 46% YoY and by 27% QoQ
The company's net income fell by 38% YoY and by 26% QoQ
The company's operating income rose by 23% YoY and by 8% QoQ
The gross profit rose by 22% year-on-year and by 8% since the previous quarter

Growth

What is Ares Capital's growth rate over time

Valuation

What is Ares Capital stock price valuation
P/E
9.18
P/B
1.08
P/S
5.33
EV/EBIT
14.79
EV/EBITDA
14.79
EV/Sales
11.48
Ares Capital's EPS has decreased by 43% YoY and by 28% from the previous quarter
The P/E is 39% more than the last 4 quarters average of 6.6 but 39% less than the 5-year quarterly average of 15.0
The equity has increased by 16% year-on-year
ARCC's P/B is 8% higher than its 5-year quarterly average of 1.0 and 8% higher than its last 4 quarters average of 1.0
ARCC's revenue is up by 15% year-on-year
The price to sales (P/S) is 4.5% higher than the 5-year quarterly average of 5.1 and 4.5% higher than the last 4 quarters average of 5.1

Efficiency

How efficient is Ares Capital business performance
The ROA has shrunk by 51% YoY and by 31% QoQ
The company's return on equity fell by 49% YoY and by 29% QoQ
ARCC's ROIC is down by 42% year-on-year and by 23% since the previous quarter
Ares Capital's ROS has decreased by 37% YoY and by 20% from the previous quarter

Dividends

What is ARCC's dividend history
DPS
$1.66
Dividend yield
8.14%
Payout ratio
74.8%
Recent dividends

Financial health

How did Ares Capital financials performed over time
ARCC's total assets is 75% greater than its total liabilities
The total liabilities has grown by 25% YoY and by 12% from the previous quarter
ARCC's total assets is up by 21% year-on-year and by 7% since the previous quarter
The company's debt is 27% higher than its equity
The company's debt rose by 26% YoY and by 11% QoQ
The equity has increased by 16% year-on-year

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