
ARES CAPITAL CORP
ARCCNASDAQTrading Snapshot
- Day Range
- $670.31 β $683.18
- 52-Week Range
- $17.40 β $22.76
- Volume
- $2.12B
- Avg Volume
- $2.40B
- Shares Outstanding
- 718.0M
- Next Earnings
- Oct 2, 2026
Fundamentals Snapshot
- Annual Revenue
- $2.24B
- Last Q Revenue
- $768M
- P/E Ratio
- 15.0
- P/S Ratio
- 4.6x
- EPS (TTM)
- $1.35
- Dividend Yield
- 9.25%
Why Investors Own ARCC
- βHigh-growth profile β revenue up +41.8% YoY with expanding US Equity exposure.
- βHealthy economics β 46% gross margin and 11% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About ARES CAPITAL CORP
Ares Capital Corporation (ARCC) operates as a Business Development Company (BDC), delivering diverse financing solutions predominantly to middle-market enterprises. The firm's expertise lies in facilitating various corporate actions, including funding acquisitions, recapitalizations, and leveraged buyouts. It also extends mezzanine debt, assists with corporate restructurings, and provides crucial rescue financing, in addition to offering growth capital and general refinancing options. ARCC primarily targets investments in companies within the basic and growth manufacturing, business services, consumer products, healthcare (both products and services), and information technology service sectors. Opportunistically, it also explores prospects in industries such as restaurants, retail, oil and gas, and the broader technology space. Geographically, ARCC maintains a broad reach across the United States. Its New York office oversees investments in the Northeast, Mid-Atlantic, Southeast, and Southwest regions. The Chicago office manages opportunities in the Midwest, while its Los Angeles presence covers the Western region. In terms of deal parameters, ARCC typically commits between $20 million and $200 million per investment, with an upper limit of $400 million, targeting companies that generate an EBITDA of $10 million to $250 million. For debt-specific placements, the investment range is generally $10 million to $100 million. The company employs a wide array of financial instruments, including revolving credit facilities, first and second lien loans, unitranche structures, warrants, mezzanine debt, private high yield, junior capital, and subordinated debt, alongside selective non-control preferred and common equity investments. ARCC also evaluates participation in senior and subordinated debt financings led by other parties and strategically acquires stressed or discounted debt. It frequently assumes a lead or agent role in its transactions and actively seeks board representation in its portfolio companies.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
ARES CAPITAL CORP tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift ARCC price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
ARES CAPITAL CORP announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.