ARES CAPITAL CORP
ARCCOther · Large accelerated filer · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $1.30B | $1.52B | $1.52B | $600.0M | $1.57B |
| Total assets | $31.23B | $28.25B | $23.80B | $22.40B | $20.84B |
| Total liabilities | $16.92B | $14.90B | $12.60B | $12.84B | $11.97B |
| Equity | $14.32B | $13.36B | $11.20B | $9.55B | $8.87B |
| EPS (diluted) | $1.86 | $2.44 | $2.68 | $1.19 | $3.51 |
| Shares out. | 671.5M | 582.3M | 531.4M | 519.0M | 468.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- 9.1%
- Return on assets
- 4.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 54.2%
- Debt / equity
- 1.18×
- Book value / share
- $21.32
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −14.7%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- 9.7%moderate
- Piotroski F-Score
- 1/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 warning● 0 good- Negative operating cash flow
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 40.1M | 7.8 | -5.8% |
| Apr 30, 2026 | 42.6M | 6.8 | -0.3% |
| Apr 15, 2026 | 42.7M | 6.2 | +6.8% |
| Mar 31, 2026 | 40.0M | 5.4 | -0.9% |
| Mar 13, 2026 | 40.3M | 4.1 | +37.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · New financial obligationMay 26, 2026
- Entered a material agreement · New financial obligation · Other material eventMay 11, 2026
- Shareholder voteMay 8, 2026
- Entered a material agreement · Terminated a material agreementApr 28, 2026
- Results of operations · Other material eventApr 28, 2026
- Entered a material agreement · New financial obligationFeb 27, 2026
- Results of operations · Other material eventFeb 4, 2026
- Entered a material agreement · New financial obligation · Other material eventJan 12, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KFORM 8-KMay 26, 2026
- DEFA14AMay 15, 2026
- DEFA14AMay 15, 2026
- DEF 14AMay 15, 2026
- 8-KFORM 8-KMay 11, 2026
- 8-KMay 8, 2026
- 424B2May 6, 2026
- 497ADMay 4, 2026
- 497ADMay 4, 2026
- 497ADMay 4, 2026
- FWPMay 4, 2026
- 424B2May 4, 2026
- PRE 14AMay 1, 2026
- 424B2Apr 29, 2026
- 8-KFORM 8-KApr 28, 2026
Event-driven situations (1)
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