US · USD
ARCC
Ares Capital Corporation
- Day's range
- $18.79 – $19.08
- Day's volume
- $79.9M
- 52-week range
- $16.60 – $19.70
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Create a free accountARCC in numbers
- Market cap
- $13.5B
- P/E
- 14.08
- P/B
- 0.97
- Dividend yield (12m)
- 10.20%
The 12-month dividend yield of ARCC is 10.20%, above its 5-year average of 9.12%.
ARCC price history
ARCC risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +0.87% | +25.87% | +49.77% |
| Volatility (annualized) | 12.48% | 12.42% | 15.00% |
| Largest drawdown | -8.49% | -14.47% | -17.97% |
| Positive months | 5/12 | 20/36 | 33/60 |
How much did investing in ARCC return?
$1,000.00 invested on 11/01/2021 would be worth $1,497.72 today.
- Value today in ARCC
- $1,497.72
- Return over the period
- +49.77%
- Return per year
- +8.55%
- In the S&P 500
- $1,702.20
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
ARCC fundamentals
Valuation
- P/E14.08
- P/B0.97
- EV/EBITDA—
- EV/EBIT—
- EV/Revenue—
- P/EBIT—
- P/S—
- P/OCF-19.87
- P/FCF—
- Earnings yield—
- PEG ratio—
- Earnings per share$1.34
- Book value per share$19.35
Debt
- Net debt$15.4B
- Net debt/EBITDA—
- Net debt/Equity1.11
- Debt/Equity1.14
- Current ratio—
- Quick ratio—
- Cash ratio—
Profitability
- ROE6.91%
- ROA3.15%
- ROIC—
- Payout143.60%
What is ARCC's fair price?
Two classic value formulas, with today's numbers. The current price is $18.82.
- Graham's fair price
- $24.12
- 28.18% above the price
√(22.50 × $1.34 × $19.35)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $30.83
- 63.83% above the price
$1.85 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
ARCC's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| P/E | 11.18 | 9.66 | 7.66 | 16.36 | — | — |
| P/B | 1.01 | 1.10 | 1.04 | 1.03 | — | — |
| Dividend yield | 9.49% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% |
| Earnings per share | $1.81 | $2.27 | $2.61 | $1.13 | — | — |
| Book value per share | $19.94 | $19.89 | $19.24 | $17.98 | — | — |
| ROE | 9.07% | 11.40% | 13.59% | 6.28% | 17.67% | 6.74% |
ARCC's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | — | — | — | — | — | — |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | — | — | — | — | — | — |
| EBIT | — | — | — | — | — | — |
| Financial result | — | — | — | — | — | — |
| Income before tax | — | — | — | — | — | — |
| Income tax | — | — | — | — | — | — |
| Net income | $1.3B | $1.5B | $1.5B | $600M | $1.6B | $484M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does ARCC pay dividends?
Dividend yield per year
- 9.67%2017
- 9.88%2018
- 9.01%2019
- 9.47%2020
- 7.65%2021
- 10.12%2022
- 9.59%2023
- 8.77%2024
- 9.49%2025
- 7.65%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/14/2026 | 09/30/2026 | $0.48 |
| Dividend | 06/12/2026 | 06/30/2026 | $0.48 |
| Dividend | 03/12/2026 | 03/31/2026 | $0.48 |
| Dividend | 12/12/2025 | 12/30/2025 | $0.48 |
| Dividend | 09/12/2025 | 09/30/2025 | $0.48 |
| Dividend | 06/12/2025 | 06/30/2025 | $0.48 |
| Dividend | 03/13/2025 | 03/31/2025 | $0.48 |
| Dividend | 12/12/2024 | 12/30/2024 | $0.48 |
| Dividend | 09/12/2024 | 09/30/2024 | $0.48 |
| Dividend | 06/13/2024 | 06/28/2024 | $0.48 |
| Dividend | 03/13/2024 | 03/29/2024 | $0.48 |
| Dividend | 12/13/2023 | 12/28/2023 | $0.48 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/13/2023 | 09/29/2023 | $0.48 |
| Dividend | 06/13/2023 | 06/30/2023 | $0.48 |
| Dividend | 03/13/2023 | 03/31/2023 | $0.48 |
| Dividend | 12/13/2022 | 12/29/2022 | $0.51 |
| Dividend | 09/13/2022 | 09/30/2022 | $0.46 |
| Dividend | 06/13/2022 | 06/30/2022 | $0.45 |
| Dividend | 03/11/2022 | 03/31/2022 | $0.45 |
| Dividend | 12/13/2021 | 12/30/2021 | $0.41 |
| Dividend | 09/13/2021 | 09/30/2021 | $0.41 |
| Dividend | 06/11/2021 | 06/30/2021 | $0.40 |
| Dividend | 03/11/2021 | 03/31/2021 | $0.40 |
| Dividend | 12/11/2020 | 12/30/2020 | $0.40 |
| Dividend | 09/11/2020 | 09/30/2020 | $0.40 |
| Dividend | 06/11/2020 | 06/30/2020 | $0.40 |
| Dividend | 03/12/2020 | 03/31/2020 | $0.40 |
| Dividend | 12/12/2019 | 12/27/2019 | $0.42 |
| Dividend | 09/12/2019 | 09/30/2019 | $0.42 |
| Dividend | 06/12/2019 | 06/28/2019 | $0.42 |
| Dividend | 03/13/2019 | 03/29/2019 | $0.42 |
| Dividend | 12/12/2018 | 12/28/2018 | $0.39 |
| Dividend | 09/12/2018 | 09/28/2018 | $0.39 |
| Dividend | 06/13/2018 | 06/29/2018 | $0.38 |
| Dividend | 03/13/2018 | 03/30/2018 | $0.38 |
| Dividend | 12/13/2017 | 12/29/2017 | $0.38 |
| Dividend | 09/13/2017 | 09/29/2017 | $0.38 |
| Dividend | 06/12/2017 | 06/30/2017 | $0.38 |
| Dividend | 03/10/2017 | 03/31/2017 | $0.38 |
| Dividend | 12/12/2016 | 12/30/2016 | $0.38 |
Questions about ARCC
How much is ARCC today?
ARCC is at $18.82 (-0.21% on the day), last traded on 10/05/2026.
How much did ARCC pay in dividends in 2025?
ARCC paid $1.92 per share in 2025, a dividend yield of 9.49%.
What are the P/E and P/B of ARCC?
ARCC trades at a P/E of 14.08 and a P/B of 0.97.
How much did ARCC return in 12 months?
ARCC returned 0.87% in 12 months, with annualized volatility of 12.48% and a largest drawdown of -8.49%.