Ares Capital Corporation logo

ARCC

Ares Capital Corporation

$21.78

Earnings Summary

Revenue
$751Mn
Net Profits
$394Mn
Net Profit Margins
52.46%
PE Ratio
8.4

Highlights

Revenue:

Ares Capital Corporation’s revenue jumped 42.23% since last year same period to $751Mn in the Q3 2024. On a quarterly growth basis, Ares Capital Corporation has generated -2.09% fall in its revenue since last 3-months.

Net Profits:

Ares Capital Corporation’s net profit fell -21.2% since last year same period to $394Mn in the Q3 2024. On a quarterly growth basis, Ares Capital Corporation has generated 22.36% jump in its net profits since last 3-months.

Net Profit Margins:

Ares Capital Corporation’s net profit margin fell -44.6% since last year same period to 52.46% in the Q3 2024. On a quarterly growth basis, Ares Capital Corporation has generated 24.97% jump in its net profit margins since last 3-months.

PE Ratio:

Ares Capital Corporation’s price-to-earnings ratio after this Q3 2024 earnings stands at 8.4.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ares Capital Corporation post its latest quarter earnings

EPS Estimate Current Quarter
0.6
EPS Estimate Current Year
0.6

Highlights

EPS Estimate Current Quarter:

Ares Capital Corporation’s earning per share (EPS) estimates for the current quarter stand at 0.6 - a 3.45% jump from last quarter’s estimates.

EPS Estimate Current Year:

Ares Capital Corporation’s earning per share (EPS) estimates for the current year stand at 0.6.

Key Ratios

Key ratios of the Ares Capital Corporation post its Q3 2024 earnings

Earning Per Share (EPS)
0.58
Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.13
Dividend Per Share (DPS)
0.48

Highlights

Earning Per Share (EPS):

Ares Capital Corporation’s earning per share (EPS) fell -1.69% since last year same period to 0.58 in the Q3 2024. This indicates that the Ares Capital Corporation has generated -1.69% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ares Capital Corporation’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ares Capital Corporation’s return on equity (ROE) stands at 0.13.

Dividend Per Share (DPS):

Ares Capital Corporation declared 0.48 dividend per share during the earnings announcement for Q3 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-07-30
0.58
0.61
5.17%
2024-05-01
0.6
0.59
-1.67%
2024-10-30
0.6
0.58
-3.33%