Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
2.44B | 2.61B | 741.00M | 1.68B | 541.00M | Gross Profit |
2.44B | 1.73B | 274.00M | 1.02B | 185.00M | EBIT |
2.39B | 1.87B | 1.11B | 1.60B | 503.00M | EBITDA |
0.00 | 2.12B | 1.16B | 1.60B | 823.00M | Net Income Common Stockholders |
1.40B | 1.52B | 600.00M | 1.57B | 484.00M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
635.00M | 535.00M | 303.00M | 372.00M | 254.00M | Total Assets |
28.25B | 23.80B | 22.40B | 20.84B | 16.20B | Total Debt |
0.00 | 11.94B | 12.32B | 11.14B | 8.55B | Net Debt |
-635.00M | -535.00M | 12.02B | 10.77B | 8.30B | Total Liabilities |
14.90B | 12.60B | 12.84B | 11.97B | 9.02B | Stockholders Equity |
13.36B | 11.20B | 9.55B | 8.87B | 7.18B |
Cash Flow | Free Cash Flow | |||
-2.13B | 511.00M | -1.36B | -2.46B | -557.00M | Operating Cash Flow |
-2.13B | 511.00M | -1.36B | -2.46B | -557.00M | Investing Cash Flow |
0.00 | 0.00 | -2.10B | -3.39B | -1.29B | Financing Cash Flow |
2.42B | -284.00M | 1.21B | 2.62B | 707.00M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
77 Outperform | $4.98B | 9.61 | 19.26% | 5.28% | 51.80% | 12.05% | |
76 Outperform | $14.50B | 8.72 | 12.40% | 8.96% | 19.95% | -10.57% | |
67 Neutral | $3.21B | 11.19 | 13.71% | 8.64% | -1.49% | -29.48% | |
64 Neutral | $485.89M | 6.82 | 14.74% | 7.28% | -8.68% | -3.76% | |
64 Neutral | $14.07B | 10.53 | 9.02% | 4.23% | 17.01% | -7.59% | |
58 Neutral | $687.42M | ― | -8.57% | 16.83% | 8.24% | -207.60% | |
53 Neutral | $455.77M | 27.71 | 3.28% | 13.04% | ― | -66.59% |
On February 5, 2025, Ares Capital Corporation entered into new equity distribution agreements with Truist, Jefferies, Mizuho, RBC, and Regions, enabling the potential sale of up to $1.5 billion in common stock. These agreements, which replace older agreements from July 2024, allow for sales based on market conditions and include standard terms such as commission rates and termination provisions.
On February 5, 2025, Ares Capital Corporation announced the appointment of Kort Schnabel as Chief Executive Officer, effective April 30, 2025. Schnabel, a long-time leader within the company known for his investment acumen and leadership, will succeed R. Kipp deVeer, who will step down but remain a board member and officer. This leadership transition is expected to continue driving Ares Capital’s growth objectives and maintain its position as a market leader in providing flexible capital solutions.