Ares Capital (ARCC)

Financial Services · Asset Management
$18.40 -1.31% on the day Market cap $13.3B 52-week range $17.40 to $21.14 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Ares Capital's free cash flow isn't comparable to its market value here, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

D

Five factors scored 1 to 9 from ARCC's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation8
Profitability5
Growth0
Financial health3

Key numbers

P/E (trailing)11.4x
P/E (forward)9.45x
Price / free cash flow11.6x
EV / EBITDA10.2x
Price / sales4.31x
Price / book0.95x
Revenue growth—
Operating margin—
Net margin—
Return on equity6.9%
Dividend yield10.4%
Debt / equity1.20x

Results from SEC filings

Fiscal years, from Ares Capital's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue—————
Net income$1.6B$600M$1.5B$1.5B$1.3B
Free cash flow—————
EPS (diluted)$3.51$1.19$2.68$2.44$1.86
Operating margin—————

Superinvestors who own ARCC

From each investor's latest 13F filing (what a 13F shows). 1 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Cliff Asness
AQR Capital Management
Added $2M0.00%Q2 2026

Insider buying

Open-market purchases by Ares Capital's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

DateInsiderSharesPriceValue
Feb 6, 2026 Scott C Lem
5,186$19.29$100,038
Feb 5, 2026 Michael Kort Schnabel
12,500$19.13$239,125
Oct 31, 2025 Michael Kort Schnabel
13,000$20.39$265,070

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Ares Capital insiders buying the stock?

3 open-market insider purchases of ARCC in the last 12 months, from SEC Form 4 filings.

Which superinvestors own Ares Capital?

1 of the superinvestors Investingly tracks hold ARCC in their latest 13F, including Cliff Asness.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.