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ARCC

Ares Capital Corporation

$20.59

Earnings Summary

Revenue
$495Mn
Net Profits
$449Mn
Net Profit Margins
90.71%
PE Ratio
7.03

Highlights

Revenue:

Ares Capital Corporation’s revenue jumped 63.91% since last year same period to $495Mn in the Q1 2024. On a quarterly growth basis, Ares Capital Corporation has generated 11.49% jump in its revenue since last 3-months.

Net Profits:

Ares Capital Corporation’s net profit jumped 61.51% since last year same period to $449Mn in the Q1 2024. On a quarterly growth basis, Ares Capital Corporation has generated 8.72% jump in its net profits since last 3-months.

Net Profit Margins:

Ares Capital Corporation’s net profit margin fell -1.46% since last year same period to 90.71% in the Q1 2024. On a quarterly growth basis, Ares Capital Corporation has generated -2.48% fall in its net profit margins since last 3-months.

PE Ratio:

Ares Capital Corporation’s price-to-earnings ratio after this Q1 2024 earnings stands at 7.03.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ares Capital Corporation post its latest quarter earnings

EPS Estimate Current Quarter
0.58
EPS Estimate Current Year
0.58

Highlights

EPS Estimate Current Quarter:

Ares Capital Corporation’s earning per share (EPS) estimates for the current quarter stand at 0.58 - a -3.33% fall from last quarter’s estimates.

EPS Estimate Current Year:

Ares Capital Corporation’s earning per share (EPS) estimates for the current year stand at 0.58.

Key Ratios

Key ratios of the Ares Capital Corporation post its Q1 2024 earnings

Earning Per Share (EPS)
0.59
Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.15
Dividend Per Share (DPS)
0.48

Highlights

Earning Per Share (EPS):

Ares Capital Corporation’s earning per share (EPS) jumped 3.51% since last year same period to 0.59 in the Q1 2024. This indicates that the Ares Capital Corporation has generated 3.51% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ares Capital Corporation’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ares Capital Corporation’s return on equity (ROE) stands at 0.15.

Dividend Per Share (DPS):

Ares Capital Corporation declared 0.48 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-01
0.6
0.59
-1.67%