Ares Capital Corporation

21.51
-0.90 (-4.02%)
At close: Apr 03, 2025, 3:59 PM
21.40
-0.51%
After-hours: Apr 03, 2025, 07:58 PM EDT

Ares Capital Statistics

Share Statistics

Ares Capital has 684.48M shares outstanding. The number of shares has increased by 11.38% in one year.

Shares Outstanding 684.48M
Shares Change (YoY) 11.38%
Shares Change (QoQ) 5.94%
Owned by Institutions (%) 31.8%
Shares Floating 680.16M
Failed to Deliver (FTD) Shares 280.92K
FTD / Avg. Volume 6.14%

Short Selling Information

The latest short interest is 18M, so 2.79% of the outstanding shares have been sold short.

Short Interest 18M
Short % of Shares Out 2.79%
Short % of Float 2.8%
Short Ratio (days to cover) 3.56

Valuation Ratios

The PE ratio is 9.74 and the forward PE ratio is 10.66. Ares Capital's PEG ratio is -0.51.

PE Ratio 9.74
Forward PE 10.66
PS Ratio 5.61
Forward PS 3.8
PB Ratio 1.02
P/FCF Ratio -6.42
PEG Ratio -0.51
Financial Ratio History

Enterprise Valuation

Ares Capital has an Enterprise Value (EV) of 13.02B.

EV / Sales 5.35
EV / EBITDA 0
EV / EBIT -6.12
EV / FCF -6.12

Financial Position

The company has a current ratio of 1.07, with a Debt / Equity ratio of 0.

Current Ratio 1.07
Quick Ratio 1.07
Debt / Equity 0
Debt / EBITDA -
Debt / FCF 0
Interest Coverage 3.63

Financial Efficiency

Return on Equity is 10.51% and Return on Invested Capital is 8.53%.

Return on Equity 10.51%
Return on Assets 4.97%
Return on Invested Capital 8.53%
Revenue Per Employee $2.03M
Profits Per Employee $1.17M
Employee Count 1,200
Asset Turnover 0.09
Inventory Turnover n/a

Taxes

Income Tax 73M
Effective Tax Rate 4.58%

Stock Price Statistics

The stock price has increased by 9.42% in the last 52 weeks. The beta is 1.06, so Ares Capital's price volatility has been higher than the market average.

Beta 1.06
52-Week Price Change 9.42%
50-Day Moving Average 22.74
200-Day Moving Average 21.62
Relative Strength Index (RSI) 52.38
Average Volume (20 Days) 4.58M

Income Statement

In the last 12 months, Ares Capital had revenue of 2.44B and earned 1.4B in profits. Earnings per share was 2.25.

Revenue 2.44B
Gross Profit 2.44B
Operating Income 2.39B
Net Income 1.4B
EBITDA 0
EBIT 4.65B
Earnings Per Share (EPS) 2.25
Full Income Statement

Balance Sheet

The company has 635M in cash and 0 in debt, giving a net cash position of 635M.

Cash & Cash Equivalents 635M
Total Debt 0
Net Cash 635M
Retained Earnings 0
Total Assets 28.25B
Working Capital 62M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -2.13B and capital expenditures 0, giving a free cash flow of -2.13B.

Operating Cash Flow -2.13B
Capital Expenditures 0
Free Cash Flow -2.13B
FCF Per Share -3.41
Full Cash Flow Statement

Margins

Gross margin is 100%, with operating and profit margins of 98.23% and 57.59%.

Gross Margin 100%
Operating Margin 98.23%
Pretax Margin 65.48%
Profit Margin 57.59%
EBITDA Margin n/a
EBIT Margin 98.23%
FCF Margin -87.36%

Dividends & Yields

ARCC pays an annual dividend of $2.4, which amounts to a dividend yield of 9.02%.

Dividend Per Share $2.40
Dividend Yield 9.02%
Dividend Growth (YoY) 0%
Payout Ratio 98.36%
Earnings Yield 10.27%
FCF Yield -15.58%
Dividend Details

Analyst Forecast

The average price target for ARCC is $23, which is 2.6% higher than the current price. The consensus rating is "Buy".

Price Target $23
Price Target Difference 2.6%
Analyst Consensus Buy
Analyst Count 9
Stock Forecasts

Scores

Altman Z-Score 1.01
Piotroski F-Score 4