Ares Capital Corporation (ARCC)

Ares Capital Cash Flow Statement

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
Net Income	1,363	1,522	1,522	600	1,567	484
Other Amortization	34	33	31	30	29	31
Loss (Gain) From Sale of Investments	-4	-150	-274	431	-885	302
Other Operating Activities	-3,049	-3,723	-799	-2,273	-3,378	-1,452
Change in Accounts Receivable	15	-45	-60	-34	-24	12
Change in Accounts Payable	59	24	10	-1	27	-20
Change in Other Net Operating Assets	24	211	81	-112	205	63
Operating Cash Flow	-1,558	-2,128	511	-1,359	-2,459	-580
Long-Term Debt Issued	-	13,238	5,215	7,955	19,387	8,279
Long-Term Debt Repaid	-	-10,980	-5,603	-6,818	-16,829	-6,737
Net Debt Issued (Repaid)	2,068	2,258	-388	1,137	2,558	1,542
Issuance of Common Stock	1,434	1,364	1,155	1,001	819	4
Repurchase of Common Stock	-	-	-	-	-	-100
Common Dividends Paid	-1,248	-1,139	-1,031	-912	-694	-679
Other Financing Activities	-66	-59	-20	-16	-64	-37
Financing Cash Flow	2,188	2,424	-284	1,210	2,619	730
Net Cash Flow	630	296	227	-149	160	150
Cash Interest Paid	723	676	524	402	310	243
Cash Income Tax Paid	50	66	36	39	26	16
Levered Free Cash Flow	689	838.13	891.75	574.88	825.25	415.13
Unlevered Free Cash Flow	1,123	1,241	1,215	829.25	1,029	582.25
Change in Working Capital	98	190	31	-147	208	55

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

SEC Filings: 10-K · 10-Q