Stock Fundamentals

Company Information

Company Name
Ares Capital Corporation
Sector
Financial Services
Industry
Asset Management
Exchange
NASDAQ
ISIN: US04010L1035
CIK: 0001287750
CUSIP: 04010L103
Currency: USD
Full Time Employees: 0
Phone: 310-201-4100
Fiscal Year End: December
IPO Date: Oct 06, 2004
Description:

Ares Capital Corporation is a business development company specializing in growth capital, 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 sports, media & entertainment, industrials & business services, infrastructure & power, financial institution groups, software & technology, specialty healthcare, consumer, retail & services, energy and the basic and growth manufacturing, consumer products, health care products, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It invests in the United States based companies. 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 $30 million and $500 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.

Address:

1800 Avenue of the Stars, Los Angeles, CA, United States, 90067-4733

Directors & Officers

Name Title Year Born
Mr. Mitchell Scott Goldstein CPA Co-Chairman, Partner & Co-Head of Ares Credit Group 1967
Mr. Michael J. Arougheti Executive VP & Director 1972
Mr. Kort Schnabel CEO & Co-Head of U.S. Direct Lending 1977
Mr. James Miller President & Co-Head of U.S. Direct Lending 1977
Mr. Bennett Rosenthal Co-Founder, Director, Partner & Chairman of Private Equity Group 1963
Mr. Scott C. Lem CFO & Treasurer 1978
Ms. Jana Markowicz Chief Operating Officer 1981
Mr. Won Jae Cho Chief Accounting Officer 1983
Mr. John W. Stilmar Partner & Co-Head of Public Markets Investor Relations NA
Ms. Lisa A. Morgan Chief Compliance Officer 1976

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Feb 06, 2026 Scott C Lem N/A Purchase 5.19K $19.29 $100.04K
Feb 05, 2026 Michael Kort Schnabel N/A Purchase 12.50K $19.13 $239.13K
Oct 31, 2025 Michael Kort Schnabel N/A Purchase 13.00K $20.39 $265.07K

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Morgan Stanley - Brokerage Accounts 16.35M Mar 31, 2026 2.28% $0.02 -6.86%
UBS Group AG 14.32M Mar 31, 2026 1.99% $0.04 27.80%
Van Eck Associates Corporation 10.89M Mar 31, 2026 1.52% $0.15 -14.10%
STRS OHIO 10.50M Mar 31, 2026 1.46% $0.75 0.00%
Bank of America Corp 9.14M Mar 31, 2026 1.27% $0.01 15.99%
JPMorgan Chase & Co 7.69M Mar 31, 2026 1.07% $0.01 -1.55%
Generali Asset Management SPA SGR 7.55M Mar 31, 2026 1.05% $2.84 49.40%
Two Sigma Investments LLC 7.31M Mar 31, 2026 1.02% $0.11 146.19%
Legal & General Group PLC 5.98M Mar 31, 2026 0.83% $0.02 10.48%
Wells Fargo & Co 4.49M Mar 31, 2026 0.62% $0.02 2.26%
LPL Financial Corp 4.04M Mar 31, 2026 0.56% $0.02 -4.09%
Advisors Capital Management, LLC 3.93M Mar 31, 2026 0.55% $0.83 10.31%
Ameriprise Financial Inc 3.78M Mar 31, 2026 0.53% $0.02 -9.30%
HighTower Advisors, LLC 3.53M Mar 31, 2026 0.49% $0.07 44.46%
Confluence Investment Management LLC 3.44M Mar 31, 2026 0.48% $0.96 -3.03%
Evercore Wealth Management, LLC 3.12M Mar 31, 2026 0.43% $0.88 6.22%
Citadel Advisors Llc 2.92M Mar 31, 2026 0.41% $0.01 -63.88%
Omers Administration Corp 2.83M Mar 31, 2026 0.39% $0.33 20.10%
Royal Bank of Canada 2.67M Mar 31, 2026 0.37% $0.01 -11.45%
Sound Income Strategies 2.66M Mar 31, 2026 0.37% $2.28 1.79%

Shares Statistics

Shares Outstanding: 718.02M
Shares Float: 0.00
% Insiders: 56.00%
% Institutions: 3,640.50%
Short % Float: 5.74%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 VanEck BDC Income ETF 12.19M 1.70% ▲ 0.69% May 30, 2026
2 Confluence Equity Income 2.59M 0.36% ▲ 24.09% Mar 31, 2026
3 iShares Listed Private Eq ETF USD Dist 1.98M 0.28% ▲ 0.43% May 29, 2026
4 Putnam BDC Income ETF 1.78M 0.25% ▲ 0.00% May 31, 2026
5 Capital Advisors Equity Dividend Strgy 1.56M 0.22% ▲ 0.80% Mar 31, 2026
6 Advisors Capital Balanced 1.56M 0.22% ▲ 9.85% Mar 31, 2026
7 Undrly Fid DC L&G Fut Wld Mlt Asst MAGJ 1.28M 0.18% ▲ 12.28% Mar 31, 2026
8 FID DC L&G Diversified Fund 1.05M 0.15% ▼ 3.16% Apr 30, 2026
9 Carnegie Listed Private Equity A 945.35K 0.13% ▲ 0.00% Apr 30, 2026
10 Chartwell Dividend Value 880.76K 0.12% ▲ 24.13% Mar 31, 2026

Valuation Metrics

Enterprise Value: $29.16B
Trailing P/E: 11.82
Forward P/E: 9.78

Financial Highlights

Market Cap: $13.83B
P/E Ratio: $11.82
PEG Ratio: $3.72
Book Value: $19.59
Dividend/Share: $1.92
Dividend Yield: 10.07%
Earnings/Share: $1.63
Profit Margin: 37.30%
Operating Margin: 80.86%
ROA (TTM): 4.89%
ROE (TTM): 8.29%
Revenue (TTM): $3.08B
Revenue/Share (TTM): $4.35
Earnings Growth (YOY): -64.10%
Revenue Growth (YOY): 4.20%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 1.71x 0.00x 0.54x 3.40x 0.00x
2024-12-31 2.83x 0.00x 0.53x 2.42x 0.00x
2023-12-31 0.44x 0.12x 0.53x 2.50x 1.04x
2022-12-31 0.42x 1.36x 0.57x 1.44x 19.87x
2021-12-31 0.98x 0.00x 0.57x 4.29x 0.01x
2020-12-31 1.46x 0.00x 0.56x 1.59x 0.05x
2019-12-31 2.54x 0.95x 0.50x 2.78x 8.77x
2018-12-31 2.12x 0.76x 0.43x 4.65x 4.94x
2017-12-31 1.67x 0.72x 0.43x 3.05x 7.46x
2016-12-31 3.28x 0.78x 0.44x 2.96x 8.14x
2015-12-31 3,529.49x 0.95x 0.46x 1.99x 12.35x
2014-12-31 1.24x 1.49x 0.44x 3.21x 12.87x
2013-12-31 1.60x 0.61x 0.40x 2.93x 5.93x
2012-12-31 1.74x 0.55x 0.38x 3.63x 4.22x
2011-12-31 0.47x 0.81x 0.42x 2.37x 7.24x
2010-12-31 0.27x 0.53x 0.33x 2.79x 3.13x
2009-12-31 0.41x 0.57x 0.46x 5.52x 3.47x
2008-12-31 0.53x 0.83x 0.48x 3.48x -8.91x
2007-12-31 0.43x 0.61x 0.39x 2.55x 4.94x
2006-12-31 0.18x 1.22x 0.41x 2,367.80x 15.59x
2005-12-31 0.51x 0.06x 0.07x 176.04x 1.33x
2004-12-31 0.46x 0.70x 0.28x 5.43x 40.88x

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