Ares Capital Corporation (ARCC)

Ares Capital Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,036	635	535	303	372	254
Trading Asset Securities	92	-	-	-	-	-
Cash & Short-Term Investments	1,128	635	535	303	372	254
Cash Growth	132.10%	18.69%	76.57%	-18.55%	46.46%	52.10%
Receivables	631	516	261	180	222	223
Restricted Cash	218	225	29	34	114	72
Total Current Assets	1,977	1,376	825	517	708	549
Property, Plant & Equipment	-	-	-	20	27	38
Long-Term Investments	28,693	26,722	22,889	21,780	20,009	15,515
Other Long-Term Assets	136	156	86	81	99	94
Total Assets	30,806	28,254	23,800	22,398	20,843	16,196
Accounts Payable	180	361	115	87	307	66
Accrued Expenses	428	471	394	302	397	282
Short-Term Debt	28	29	32	57	20	27
Current Portion of Long-Term Debt	998	1,854	1,301	750	-	-
Other Current Liabilities	107	24	24	21	-	-
Total Current Liabilities	1,741	2,739	1,866	1,217	724	375
Long-Term Debt	14,607	11,905	10,617	11,539	11,094	8,514
Long-Term Leases	-	-	-	31	43	59
Long-Term Deferred Tax Liabilities	24	92	87	22	-	-
Other Long-Term Liabilities	112	163	29	34	114	72
Total Liabilities	16,484	14,899	12,599	12,843	11,975	9,020
Common Stock	1	1	1	1	-	-
Additional Paid-In Capital	13,470	12,502	10,738	9,556	8,553	7,656
Retained Earnings	851	852	462	-2	315	-480
Shareholders' Equity	14,322	13,355	11,201	9,555	8,868	7,176
Total Liabilities & Equity	30,806	28,254	23,800	22,398	20,843	16,196
Total Debt	15,633	13,788	11,950	12,377	11,157	8,600
Net Cash (Debt)	-14,505	-13,153	-11,415	-12,074	-10,785	-8,346
Net Cash Per Share	-21.21	-21.08	-19.85	-23.31	-24.18	-19.68
Filing Date Shares Outstanding	715.73	671.48	582.31	531.37	478.88	422.85
Total Common Shares Outstanding	716	672	582	519	468	423
Working Capital	236	-1,363	-1,041	-700	-16	174
Book Value Per Share	20.00	19.87	19.25	18.41	18.95	16.96
Tangible Book Value	14,322	13,355	11,201	9,555	8,868	7,176
Tangible Book Value Per Share	20.00	19.87	19.25	18.41	18.95	16.96

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q