ARCC: Ares Capital Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Ares Capital Corp (ARCC).
$14.14B Market Cap.
ARCC Market Cap. (MRY)
ARCC Shares Outstanding (MRY)
ARCC Assets (MRY)
Total Assets
$28.25B
Total Liabilities
$14.90B
Total Investments
$26.72B
ARCC Income (MRY)
Revenue
$2.99B
Net Income
$1.52B
Operating Expense
$43.00M
ARCC Cash Flow (MRY)
CF Operations
-$2.13B
CF Investing
$0
CF Financing
$2.42B
ARCC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $28,254,000,000 (18.71%) | $23,800,000,000 (6.26%) | $22,398,000,000 (7.46%) | $20,843,000,000 (28.69%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $13,355,000,000 (19.23%) | $11,201,000,000 (17.23%) | $9,555,000,000 (7.75%) | $8,868,000,000 (23.58%) |
Property Plant & Equipment Net | $0 (0%) | $0 (0%) | $20,000,000 (-25.93%) | $27,000,000 (-28.95%) |
Cash & Equivalents | $860,000,000 (52.48%) | $564,000,000 (67.36%) | $337,000,000 (-30.66%) | $486,000,000 (49.08%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $26,720,000,000 (16.81%) | $22,874,000,000 (5.02%) | $21,780,000,000 (8.85%) | $20,009,000,000 (28.97%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $224,000,000 (1300.00%) | $16,000,000 (300.00%) | $4,000,000 (-95.00%) | $80,000,000 (-27.93%) |
Trade & Non-Trade Payables | $986,000,000 (44.79%) | $681,000,000 (30.21%) | $523,000,000 (-37.59%) | $838,000,000 (87.47%) |
Accumulated Retained Earnings (Deficit) | $852,000,000 (84.42%) | $462,000,000 (23200.00%) | -$2,000,000 (-100.63%) | $315,000,000 (165.63%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $92,000,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $13,759,000,000 (15.45%) | $11,918,000,000 (-3.26%) | $12,320,000,000 (10.62%) | $11,137,000,000 (29.91%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $14,899,000,000 (18.26%) | $12,599,000,000 (-1.90%) | $12,843,000,000 (7.25%) | $11,975,000,000 (32.76%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
ARCC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $2,990,000,000 (14.38%) | $2,614,000,000 (24.71%) | $2,096,000,000 (15.16%) | $1,820,000,000 (20.45%) |
Cost of Revenue | $756,000,000 (7.39%) | $704,000,000 (54.39%) | $456,000,000 (-28.64%) | $639,000,000 (86.30%) |
Selling General & Administrative Expense | $43,000,000 (2.38%) | $42,000,000 (10.53%) | $38,000,000 (-2.56%) | $39,000,000 (2.63%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $43,000,000 (2.38%) | $42,000,000 (10.53%) | $38,000,000 (-2.56%) | $39,000,000 (2.63%) |
Interest Expense | $715,000,000 (22.85%) | $582,000,000 (27.91%) | $455,000,000 (22.31%) | $372,000,000 (17.35%) |
Income Tax Expense | $73,000,000 (265.00%) | $20,000,000 (-63.64%) | $55,000,000 (89.66%) | $29,000,000 (52.63%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $1,522,000,000 (0.00%) | $1,522,000,000 (153.67%) | $600,000,000 (-61.71%) | $1,567,000,000 (223.76%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $1,522,000,000 (0.00%) | $1,522,000,000 (153.67%) | $600,000,000 (-61.71%) | $1,567,000,000 (223.76%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $1,522,000,000 (0.00%) | $1,522,000,000 (153.67%) | $600,000,000 (-61.71%) | $1,567,000,000 (223.76%) |
Weighted Average Shares | $624,000,000 (12.64%) | $554,000,000 (11.24%) | $498,000,000 (11.66%) | $446,000,000 (5.19%) |
Weighted Average Shares Diluted | $624,000,000 (8.52%) | $575,000,000 (11.00%) | $518,000,000 (16.14%) | $446,000,000 (5.19%) |
Earning Before Interest & Taxes (EBIT) | $2,310,000,000 (8.76%) | $2,124,000,000 (91.35%) | $1,110,000,000 (-43.60%) | $1,968,000,000 (140.00%) |
Gross Profit | $2,234,000,000 (16.96%) | $1,910,000,000 (16.46%) | $1,640,000,000 (38.87%) | $1,181,000,000 (1.11%) |
Operating Income | $2,191,000,000 (17.29%) | $1,868,000,000 (16.60%) | $1,602,000,000 (40.28%) | $1,142,000,000 (1.06%) |
ARCC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow from Financing | $2,424,000,000 (953.52%) | -$284,000,000 (-123.47%) | $1,210,000,000 (-53.80%) | $2,619,000,000 (258.77%) |
Net Cash Flow from Operations | -$2,128,000,000 (-516.44%) | $511,000,000 (137.60%) | -$1,359,000,000 (44.73%) | -$2,459,000,000 (-323.97%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $296,000,000 (30.40%) | $227,000,000 (252.35%) | -$149,000,000 (-193.13%) | $160,000,000 (6.67%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Repayment) of Debt Securities | $2,199,000,000 (638.97%) | -$408,000,000 (-136.40%) | $1,121,000,000 (-55.05%) | $2,494,000,000 (65.71%) |
Issuance (Purchase) of Equity Shares | $1,364,000,000 (18.10%) | $1,155,000,000 (15.38%) | $1,001,000,000 (22.22%) | $819,000,000 (953.13%) |
Payment of Dividends & Other Cash Distributions | -$1,139,000,000 (-10.48%) | -$1,031,000,000 (-13.05%) | -$912,000,000 (-31.41%) | -$694,000,000 (-2.21%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
ARCC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 74.70% (2.19%) | 73.10% (-6.52%) | 78.20% (20.49%) | 64.90% (-16.04%) |
Profit Margin | 50.90% (-12.54%) | 58.20% (103.50%) | 28.60% (-66.78%) | 86.10% (169.06%) |
EBITDA Margin | 77.30% (-4.92%) | 81.30% (53.40%) | 53.00% (-50.97%) | 108.10% (99.08%) |
Return on Average Equity (ROAE) | 12.10% (-15.97%) | 14.40% (125.00%) | 6.40% (-66.14%) | 18.90% (166.20%) |
Return on Average Assets (ROAA) | 5.80% (-13.43%) | 6.70% (139.29%) | 2.80% (-67.06%) | 8.50% (174.19%) |
Return on Sales (ROS) | 77.30% (-4.92%) | 81.30% (53.40%) | 53.00% (-50.97%) | 108.10% (99.08%) |
Return on Invested Capital (ROIC) | 6.00% (-4.76%) | 6.30% (85.29%) | 3.40% (-52.11%) | 7.10% (97.22%) |
Dividend Yield | 8.80% (-8.33%) | 9.60% (-4.95%) | 10.10% (32.89%) | 7.60% (-20.00%) |
Price to Earnings Ratio (P/E) | 8.97 (23.16%) | 7.28 (-52.28%) | 15.26 (152.84%) | 6.04 (-59.25%) |
Price to Sales Ratio (P/S) | 4.57 (7.61%) | 4.25 (-3.26%) | 4.39 (-15.50%) | 5.19 (9.58%) |
Price to Book Ratio (P/B) | 1.06 (4.03%) | 1.02 (3.67%) | 0.98 (-10.81%) | 1.1 (10.65%) |
Debt to Equity Ratio (D/E) | 1.12 (-0.80%) | 1.13 (-16.29%) | 1.34 (-0.44%) | 1.35 (7.40%) |
Earnings Per Share (EPS) | 2.44 (-11.27%) | 2.75 (127.27%) | 1.21 (-65.53%) | 3.51 (207.89%) |
Sales Per Share (SPS) | 4.79 (1.57%) | 4.72 (12.09%) | 4.21 (3.14%) | 4.08 (14.51%) |
Free Cash Flow Per Share (FCFPS) | -3.41 (-469.85%) | 0.92 (133.79%) | -2.73 (50.50%) | -5.51 (-303.00%) |
Book Value Per Share (BVPS) | 21.4 (5.86%) | 20.22 (5.37%) | 19.19 (-3.50%) | 19.88 (17.48%) |
Tangible Assets Book Value Per Share (TABVPS) | 45.28 (5.40%) | 42.96 (-4.48%) | 44.98 (-3.76%) | 46.73 (22.34%) |
Enterprise Value Over EBIT (EV/EBIT) | 12 (9.09%) | 11 (-42.11%) | 19 (111.11%) | 9 (-50.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 11.72 (11.24%) | 10.53 (-44.20%) | 18.88 (99.84%) | 9.45 (-46.65%) |
Asset Turnover | 0.11 (-1.74%) | 0.12 (18.56%) | 0.1 (-1.02%) | 0.1 (0.00%) |
Current Ratio | - | - | - | - |
Dividends | $1.92 (0.00%) | $1.92 (2.67%) | $1.87 (15.43%) | $1.62 (1.25%) |
Free Cash Flow (FCF) | -$2,128,000,000 (-516.44%) | $511,000,000 (137.60%) | -$1,359,000,000 (44.73%) | -$2,459,000,000 (-323.97%) |
Enterprise Value (EV) | $27,065,606,683 (20.98%) | $22,371,815,899 (6.77%) | $20,953,549,142 (12.71%) | $18,590,375,967 (28.03%) |
Earnings Before Tax (EBT) | $1,595,000,000 (3.44%) | $1,542,000,000 (135.42%) | $655,000,000 (-58.96%) | $1,596,000,000 (217.30%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $2,310,000,000 (8.76%) | $2,124,000,000 (91.35%) | $1,110,000,000 (-43.60%) | $1,968,000,000 (140.00%) |
Invested Capital | $41,153,000,000 (17.06%) | $35,154,000,000 (2.25%) | $34,381,000,000 (9.17%) | $31,494,000,000 (28.85%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $28,254,000,000 (18.71%) | $23,800,000,000 (6.26%) | $22,398,000,000 (7.46%) | $20,843,000,000 (28.69%) |
Market Capitalization | $14,142,606,683 (23.99%) | $11,405,815,899 (21.50%) | $9,387,549,142 (-3.85%) | $9,763,375,967 (36.78%) |
Average Equity | $12,591,000,000 (18.73%) | $10,604,750,000 (12.50%) | $9,426,250,000 (13.86%) | $8,278,750,000 (20.80%) |
Average Assets | $26,425,500,000 (16.46%) | $22,690,750,000 (4.69%) | $21,674,000,000 (17.09%) | $18,511,000,000 (20.46%) |
Invested Capital Average | $38,754,250,000 (14.87%) | $33,738,750,000 (2.43%) | $32,938,500,000 (19.58%) | $27,544,500,000 (20.42%) |
Shares | 646,076,139 (13.46%) | 569,436,640 (12.04%) | 508,259,293 (10.31%) | 460,753,939 (9.02%) |
