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Ares Capital Corporation (ARCC)

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20.37 +0.17 (+0.84%)
At close: September 13 at 4:00 PM EDT
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DELL
  • Previous Close 20.20
  • Open 20.35
  • Bid 20.36 x 1400
  • Ask 20.39 x 1400
  • Day's Range 20.26 - 20.40
  • 52 Week Range 18.55 - 21.84
  • Volume 3,779,302
  • Avg. Volume 3,203,661
  • Market Cap (intraday) 12.841B
  • Beta (5Y Monthly) 1.06
  • PE Ratio (TTM) 7.12
  • EPS (TTM) 2.86
  • Earnings Date Oct 22, 2024 - Oct 28, 2024
  • Forward Dividend & Yield 1.92 (9.43%)
  • Ex-Dividend Date Sep 13, 2024
  • 1y Target Est 22.12

Ares Capital Corporation is a business development company specializing in 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 the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. 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 $20 million and $200 million and a maximum of $400 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.

www.arescapitalcorp.com

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Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: ARCC

Trailing total returns as of 9/13/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ARCC
9.04%
S&P 500
17.95%

1-Year Return

ARCC
16.86%
S&P 500
26.09%

3-Year Return

ARCC
36.86%
S&P 500
26.18%

5-Year Return

ARCC
75.59%
S&P 500
86.94%

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Statistics: ARCC

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Valuation Measures

Annual
As of 9/13/2024
  • Market Cap

    12.84B

  • Enterprise Value

    --

  • Trailing P/E

    7.12

  • Forward P/E

    9.26

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    6.54

  • Price/Book (mrq)

    1.04

  • Enterprise Value/Revenue

    13.93

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    59.76%

  • Return on Assets (ttm)

    5.20%

  • Return on Equity (ttm)

    14.82%

  • Revenue (ttm)

    2.82B

  • Net Income Avi to Common (ttm)

    1.68B

  • Diluted EPS (ttm)

    2.86

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    601M

  • Total Debt/Equity (mrq)

    105.52%

  • Levered Free Cash Flow (ttm)

    1B

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