Ares Capital Debt to Equity Ratio 2012-2026 | 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 June 30, 2026 was 1.14.
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Ares Capital Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2026-06-30 $16.61B $13.89B 1.20
2026-03-31 $16.61B $14.07B 1.18
2025-12-31 $16.92B $14.32B 1.18
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 $13.908B $3.052B
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.
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