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ARCC

Ares Capital Corp

$20.56

Earnings Summary

Revenue
$357Mn
Net Profits
$257Mn
Net Profit Margins
71.99%
PE Ratio
9.35

Highlights

Revenue:

Ares Capital Corp’s revenue fell -35.91% since last year same period to $357Mn in the Q2 2022. On a quarterly growth basis, Ares Capital Corp has generated 7.21% jump in its revenue since last 3-months.

Net Profits:

Ares Capital Corp’s net profit fell -46.23% since last year same period to $257Mn in the Q2 2022. On a quarterly growth basis, Ares Capital Corp has generated 21.8% jump in its net profits since last 3-months.

Net Profit Margins:

Ares Capital Corp’s net profit margin fell -16.11% since last year same period to 71.99% in the Q2 2022. On a quarterly growth basis, Ares Capital Corp has generated 13.61% jump in its net profit margins since last 3-months.

PE Ratio:

Ares Capital Corp’s price-to-earnings ratio after this Q2 2022 earnings stands at 9.35.

Earnings per share (EPS) Estimates

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

EPS Estimate Current Quarter
0.48
EPS Estimate Current Year
0.48

Highlights

EPS Estimate Current Quarter:

Ares Capital Corp’s earning per share (EPS) estimates for the current quarter stand at 0.48 - a 9.09% jump from last quarter’s estimates.

EPS Estimate Current Year:

Ares Capital Corp’s earning per share (EPS) estimates for the current year stand at 0.48.

Key Ratios

Key ratios of the Ares Capital Corp post its Q2 2022 earnings

Earning Per Share (EPS)
0.46
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.12
Dividend Per Share (DPS)
1.66

Highlights

Earning Per Share (EPS):

Ares Capital Corp’s earning per share (EPS) fell -13.21% since last year same period to 0.46 in the Q2 2022. This indicates that the Ares Capital Corp has generated -13.21% annual rate of fall 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 Corp’s return on assets (ROA) stands at 0.04.

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 Corp’s return on equity (ROE) stands at 0.12.

Dividend Per Share (DPS):

Ares Capital Corp declared 1.66 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-07-26
0.44
0.46
4.55%
2022-04-26
0.47
0.42
-10.64%

Company Information

Founded in 2004, Ares Capital is a leading specialty finance company focused on providing direct loans and other investments in private middle market companies in the United States. Ares Capital's objective is to source and invest in high-quality borrowers that need capital to achieve their business goals, which often leads to economic growth and employment. Ares Capital believes its loans and other investments in these companies can generate attractive levels of current income and potential capital appreciation for investors. Ares Capital utilizes its extensive, direct origination platform and incumbent borrower relationships to source and underwrite predominantly senior secured loans but also subordinated debt and equity investments. Ares Capital has elected to be regulated as a business development company ('BDC') and is the largest BDC by market capitalization as of December 31, 2020. Ares Capital is externally managed by a subsidiary of Ares Management Corporation, a publicly traded, leading global alternative investment manager.

Organisation
Ares Capital Corp
Headquarters
New York, New York, United States
Industry
Finance
CEO
Robert deVeer