Ares Capital Debt to Equity Ratio 2011-2025 | ARCC
Current and historical debt to equity ratio values for Ares Capital (ARCC) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Ares Capital debt/equity for the three months ending September 30, 2025 was 1.09.
| Ares Capital Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2025-09-30 | $16.48B | $14.32B | 1.15 |
| 2025-06-30 | $15.04B | $14.03B | 1.07 |
| 2025-03-31 | $14.65B | $13.67B | 1.07 |
| 2024-12-31 | $14.90B | $13.36B | 1.12 |
| 2024-09-30 | $14.33B | $12.77B | 1.12 |
| 2024-06-30 | $13.73B | $12.36B | 1.11 |
| 2024-03-31 | $12.38B | $11.87B | 1.04 |
| 2023-12-31 | $12.60B | $11.20B | 1.13 |
| 2023-09-30 | $12.11B | $10.82B | 1.12 |
| 2023-06-30 | $11.88B | $10.35B | 1.15 |
| 2023-03-31 | $11.76B | $10.05B | 1.17 |
| 2022-12-31 | $12.84B | $9.56B | 1.34 |
| 2022-09-30 | $12.60B | $9.44B | 1.34 |
| 2022-06-30 | $12.46B | $9.34B | 1.34 |
| 2022-03-31 | $11.08B | $9.38B | 1.18 |
| 2021-12-31 | $11.98B | $8.87B | 1.35 |
| 2021-09-30 | $10.62B | $8.54B | 1.24 |
| 2021-06-30 | $9.95B | $8.08B | 1.23 |
| 2021-03-31 | $8.39B | $7.63B | 1.10 |
| 2020-12-31 | $9.02B | $7.18B | 1.26 |
| 2020-09-30 | $7.99B | $6.96B | 1.15 |
| 2020-06-30 | $7.83B | $6.69B | 1.17 |
| 2020-03-31 | $9.22B | $6.58B | 1.40 |
| 2019-12-31 | $7.44B | $7.47B | 1.00 |
| 2019-09-30 | $7.09B | $7.37B | 0.96 |
| 2019-06-30 | $6.48B | $7.37B | 0.88 |
| 2019-03-31 | $6.62B | $7.34B | 0.90 |
| 2018-12-31 | $5.60B | $7.30B | 0.77 |
| 2018-09-30 | $4.94B | $7.31B | 0.68 |
| 2018-06-30 | $5.03B | $7.27B | 0.69 |
| 2018-03-31 | $5.52B | $7.18B | 0.77 |
| 2017-12-31 | $5.25B | $7.10B | 0.74 |
| 2017-09-30 | $5.01B | $7.03B | 0.71 |
| 2017-06-30 | $5.28B | $7.05B | 0.75 |
| 2017-03-31 | $4.96B | $7.04B | 0.70 |
| 2016-12-31 | $4.08B | $5.17B | 0.79 |
| 2016-09-30 | $3.93B | $5.21B | 0.75 |
| 2016-06-30 | $3.99B | $5.22B | 0.77 |
| 2016-03-31 | $4.19B | $5.18B | 0.81 |
| 2015-12-31 | $4.33B | $5.17B | 0.84 |
| 2015-09-30 | $3.89B | $5.28B | 0.74 |
| 2015-06-30 | $3.84B | $5.28B | 0.73 |
| 2015-03-31 | $3.66B | $5.26B | 0.70 |
| 2014-12-31 | $4.21B | $5.28B | 0.80 |
| 2014-09-30 | $3.95B | $5.25B | 0.75 |
| 2014-06-30 | $3.63B | $4.93B | 0.74 |
| 2014-03-31 | $3.30B | $4.90B | 0.67 |
| 2013-12-31 | $3.24B | $4.90B | 0.66 |
| 2013-09-30 | $3.36B | $4.39B | 0.77 |
| 2013-06-30 | $2.78B | $4.35B | 0.64 |
| 2013-03-31 | $2.37B | $3.98B | 0.60 |
| 2012-12-31 | $2.41B | $3.99B | 0.61 |
| 2012-09-30 | $2.39B | $3.91B | 0.61 |
| 2012-06-30 | $2.36B | $3.45B | 0.69 |
| 2012-03-31 | $2.18B | $3.43B | 0.63 |
| 2011-12-31 | $2.24B | $3.15B | 0.71 |
| 2011-09-30 | $1.94B | $3.10B | 0.63 |
| 2011-06-30 | $1.78B | $3.13B | 0.57 |
| 2011-03-31 | $1.54B | $3.16B | 0.49 |
| 2010-12-31 | $1.51B | $3.05B | 0.50 |
| 2010-09-30 | $1.65B | $2.78B | 0.60 |
| 2010-06-30 | $1.36B | $2.71B | 0.50 |
| 2010-03-31 | $0.81B | $1.57B | 0.52 |
| 2009-12-31 | $1.06B | $1.26B | 0.84 |
| 2009-09-30 | $0.84B | $1.22B | 0.69 |
| 2009-06-30 | $0.96B | $1.09B | 0.88 |
| 2009-03-31 | $0.96B | $1.09B | 0.88 |
| 2008-12-31 | $1.00B | $1.10B | 0.91 |
| 2008-09-30 | $0.94B | $1.25B | 0.75 |
| 2008-06-30 | $0.87B | $1.33B | 0.66 |
| 2008-03-31 | $0.89B | $1.11B | 0.81 |
| 2007-12-31 | $0.71B | $1.13B | 0.63 |
| 2007-09-30 | $0.55B | $1.14B | 0.48 |
| 2007-06-30 | $0.60B | $1.11B | 0.54 |
| 2007-03-31 | $0.69B | $0.83B | 0.83 |
| 2006-12-31 | $0.56B | $0.79B | 0.71 |
| 2006-09-30 | $0.38B | $0.74B | 0.52 |
| 2006-06-30 | $0.37B | $0.58B | 0.63 |
| 2006-03-31 | $0.21B | $0.57B | 0.36 |
| 2005-12-31 | $0.04B | $0.57B | 0.08 |
| 2005-09-30 | $0.09B | $0.35B | 0.26 |
| 2005-06-30 | $0.01B | $0.35B | 0.04 |
| 2005-03-31 | $0.01B | $0.35B | 0.04 |
| 2004-12-31 | $0.00B | 0.00 | |
| 2004-09-30 | $0.00B | $0.00B | 0.67 |
| 2004-06-30 | $0.00B | $0.00B | 0.00 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Finance | Finance - SBIC & Commercial | $14.522B | $2.990B |
| Ares Capital Corporation is a specialty finance company, which primarily invests in U.S. middle-market companies. The company offers customized financing solutions, ranging from senior-debt instruments to equity capital, with a focus on senior secured debt. Other major investment areas were commercial & professional services, diversified financials, and insurance services. Ares Capital is structured as a non-diversified closed-end management investment company, regulated as a business development company under the Investment Company Act of 1940. It is treated as a regulated investment company ('RIC') for income-tax purposes. To maintain its RIC status, Ares Capital must distribute the majority of its investment income. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Blue Owl Technology Finance (OTF) | United States | $6.308B | 8.97 |
| Blackstone Secured Lending Fund (BXSL) | United States | $6.124B | 8.16 |
| Main Street Capital (MAIN) | United States | $5.259B | 14.71 |
| Golub Capital BDC (GBDC) | United States | $3.707B | 8.48 |
| Hercules Capital (HTGC) | United States | $3.244B | 9.25 |
| Sixth Street Specialty Lending (TSLX) | United States | $1.983B | 9.21 |
| Morgan Stanley Direct Lending Fund (MSDL) | United States | $1.428B | 7.87 |
| Trinity Capital (TRIN) | United States | $1.114B | 6.91 |
| Goldman Sachs BDC (GSBD) | United States | $1.099B | 5.80 |
| Kayne Anderson BDC (KBDC) | United States | $1.010B | 8.37 |
| New Mountain Finance (NMFC) | United States | $0.987B | 7.48 |
| BARINGS BDC, INC (BBDC) | United States | $0.932B | 7.84 |
| Bain Capital Specialty Finance (BCSF) | United States | $0.903B | 7.18 |
| Amalgamated Financial (AMAL) | United States | $0.845B | 7.90 |
| Fidus Investment (FDUS) | United States | $0.724B | 9.25 |
| Nuveen Churchill Direct Lending (NCDL) | United States | $0.705B | 7.21 |
| Carlyle Secured Lending (CGBD) | United States | $0.605B | 7.19 |
| Gladstone Investment (GAIN) | United States | $0.550B | 14.31 |
| CION Investment (CION) | United States | $0.501B | 5.43 |
| BLACKROCK TCP CAPITAL CORP (TCPC) | United States | $0.481B | 4.11 |
| Gladstone Capital (GLAD) | United States | $0.433B | 9.69 |
| PennantPark Investment (PNNT) | United States | $0.426B | 8.36 |
| Palmer Square Capital BDC (PSBD) | United States | $0.381B | 7.02 |
| Runway Growth Finance (RWAY) | United States | $0.355B | 6.06 |
| Saratoga Investment Corp (SAR) | United States | $0.349B | 8.03 |
| Stellus Capital Investment (SCM) | United States | $0.333B | 8.20 |
| Horizon Technology Finance (HRZN) | United States | $0.295B | 5.89 |
| Chicago Atlantic BDC (LIEN) | United States | $0.231B | 28.94 |
| Medallion Financial (MFIN) | United States | $0.231B | 5.37 |
| TriplePoint Venture Growth BDC (TPVG) | United States | $0.221B | 4.85 |
| Oxford Square Capital (OXSQ) | United States | $0.163B | 6.03 |
| WhiteHorse Finance (WHF) | United States | $0.157B | 5.77 |
| PhenixFIN (PFX) | United States | $0.087B | 20.51 |
| Rand Capital (RAND) | United States | $0.041B | 9.11 |
| Investcorp Credit Management BDC (ICMB) | United States | $0.040B | 9.20 |
| OFS Capital (OFS) | United States | $0.000B | 5.07 |
| SLR Investment (SLRC) | United States | $0.000B | 9.32 |
| FS KKR Capital (FSK) | United States | $0.000B | 12.01 |
| Crescent Capital BDC (CCAP) | United States | $0.000B | 6.62 |