Ares Capital (NASDAQ: ARCC) financial statements
The consolidated income statement, balance sheet and cash flow statement of Ares Capital for its last 5 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2025 it had $31,235m in total assets and $14,318m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Finance costs | $793.0m | $715.0m | $582.0m | $455.0m | $372.0m |
| Net profit | $1,299m | $1,522m | $1,522m | $600.0m | $1,567m |
| Earnings per share | $1.86 | $2.44 | $2.75 | $1.21 | $3.51 |
| Diluted earnings per share | $1.86 | $2.44 | $2.68 | $1.19 | $3.51 |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | $31,235m | $28,254m | $23,800m | $22,398m | $20,843m |
| Cash | $638.0m | $635.0m | $535.0m | $303.0m | $372.0m |
| Total liabilities | $16,917m | $14,899m | $12,599m | $12,843m | $11,975m |
| Equity | $14,318m | $13,355m | $11,201m | $9,555m | $8,868m |
| Equity including minorities | $14,318m | $13,355m | $11,201m | $9,555m | $8,868m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | −$1,717m | −$2,128m | $511.0m | −$1,359m | −$2,459m |
| Financing cash flow | $1,781m | $2,424m | −$284.0m | $1,210m | $2,619m |
| Dividends paid | −$1,264m | −$1,139m | −$1,031m | −$912.0m | −$694.0m |
Where each figure comes from
From the annual report (Form 10-K) that Ares Capital files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Ares Capital page.
Dividend per share of Ares Capital by fiscal year, with the filing behind every figure: Ares Capital dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.