Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash to Debt 0.06
ARCC's Cash to Debt is ranked lower than
96% of the 1391 Companies
in the Global Asset Management industry.

( Industry Median: 9999.00 vs. ARCC: 0.06 )
Ranked among companies with meaningful Cash to Debt only.
ARCC' s Cash to Debt Range Over the Past 10 Years
Min: 0.03  Med: 0.09 Max: N/A
Current: 0.06
Equity to Asset 0.54
ARCC's Equity to Asset is ranked lower than
76% of the 1435 Companies
in the Global Asset Management industry.

( Industry Median: 0.85 vs. ARCC: 0.54 )
Ranked among companies with meaningful Equity to Asset only.
ARCC' s Equity to Asset Range Over the Past 10 Years
Min: 0.52  Med: 0.59 Max: 0.93
Current: 0.54
0.52
0.93
Interest Coverage 2.32
ARCC's Interest Coverage is ranked lower than
90% of the 1181 Companies
in the Global Asset Management industry.

( Industry Median: 176.69 vs. ARCC: 2.32 )
Ranked among companies with meaningful Interest Coverage only.
ARCC' s Interest Coverage Range Over the Past 10 Years
Min: 2.11  Med: 2.57 Max: 9999.99
Current: 2.32
2.11
9999.99
F-Score: 5
Z-Score: 1.00
M-Score: -2.27
WACC vs ROIC
5.37%
5.15%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 51.25
ARCC's Operating margin (%) is ranked higher than
51% of the 1462 Companies
in the Global Asset Management industry.

( Industry Median: 48.70 vs. ARCC: 51.25 )
Ranked among companies with meaningful Operating margin (%) only.
ARCC' s Operating margin (%) Range Over the Past 10 Years
Min: 45.69  Med: 50.12 Max: 54.63
Current: 51.25
45.69
54.63
Net-margin (%) 36.93
ARCC's Net-margin (%) is ranked lower than
51% of the 1468 Companies
in the Global Asset Management industry.

( Industry Median: 38.56 vs. ARCC: 36.93 )
Ranked among companies with meaningful Net-margin (%) only.
ARCC' s Net-margin (%) Range Over the Past 10 Years
Min: -57.99  Med: 56.74 Max: 143.12
Current: 36.93
-57.99
143.12
ROE (%) 7.21
ARCC's ROE (%) is ranked higher than
67% of the 1540 Companies
in the Global Asset Management industry.

( Industry Median: 3.12 vs. ARCC: 7.21 )
Ranked among companies with meaningful ROE (%) only.
ARCC' s ROE (%) Range Over the Past 10 Years
Min: -12.57  Med: 10.65 Max: 32.12
Current: 7.21
-12.57
32.12
ROA (%) 4.09
ARCC's ROA (%) is ranked higher than
65% of the 1561 Companies
in the Global Asset Management industry.

( Industry Median: 1.95 vs. ARCC: 4.09 )
Ranked among companies with meaningful ROA (%) only.
ARCC' s ROA (%) Range Over the Past 10 Years
Min: -7.11  Med: 6.71 Max: 20.12
Current: 4.09
-7.11
20.12
Revenue Growth (3Y)(%) 0.10
ARCC's Revenue Growth (3Y)(%) is ranked lower than
55% of the 935 Companies
in the Global Asset Management industry.

( Industry Median: 3.20 vs. ARCC: 0.10 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
ARCC' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -4.6  Med: 4.90 Max: 92.9
Current: 0.1
-4.6
92.9
EBITDA Growth (3Y)(%) -11.70
ARCC's EBITDA Growth (3Y)(%) is ranked lower than
73% of the 798 Companies
in the Global Asset Management industry.

( Industry Median: 4.10 vs. ARCC: -11.70 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
ARCC' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -16.9  Med: 8.70 Max: 101.6
Current: -11.7
-16.9
101.6
EPS Growth (3Y)(%) -18.30
ARCC's EPS Growth (3Y)(%) is ranked lower than
74% of the 728 Companies
in the Global Asset Management industry.

( Industry Median: 6.70 vs. ARCC: -18.30 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
ARCC' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -22.4  Med: 7.30 Max: 68.1
Current: -18.3
-22.4
68.1
» ARCC's 10-Y Financials

Financials (Next Earnings Date: 2016-05-04)


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2015

ARCC Guru Trades in Q2 2015

Murray Stahl 18,071 sh (New)
NWQ Managers 703,403 sh (+10.90%)
Scott Black 553,725 sh (+2.28%)
Pioneer Investments 445,910 sh (+1.34%)
Manning & Napier Advisors, Inc 36,410 sh (-13.49%)
» More
Q3 2015

ARCC Guru Trades in Q3 2015

Ray Dalio 21,400 sh (New)
Pioneer Investments 617,908 sh (+38.57%)
Manning & Napier Advisors, Inc 36,860 sh (+1.24%)
NWQ Managers 698,678 sh (-0.67%)
Scott Black 546,690 sh (-1.27%)
Murray Stahl 16,175 sh (-10.49%)
» More
Q4 2015

ARCC Guru Trades in Q4 2015

NWQ Managers 715,578 sh (+2.42%)
Pioneer Investments 625,079 sh (+1.16%)
Manning & Napier Advisors, Inc 36,860 sh (unchged)
Ray Dalio Sold Out
Murray Stahl 12,070 sh (-25.38%)
Scott Black 128,244 sh (-76.54%)
» More
Q1 2016

ARCC Guru Trades in Q1 2016

Manning & Napier Advisors, Inc 36,860 sh (unchged)
Murray Stahl 11,561 sh (-4.22%)
» More
» Details

Insider Trades

Latest Guru Trades with ARCC

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Ares Capital Corp

Insider Buys at Ares Capital Corporation
Penelope Roll (Insider Trades), CFO of Ares Capital Corporation (ARCC), bought 7,500 shares of the company on Aug. 24. The average price per share was $15.22 for a total transaction of $114,150. Ares Capital Corporation is a financing company specializing in senior secured loans and mezzanine debt. The company’s market cap is $4.73 billion. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 12.57
ARCC's P/E(ttm) is ranked higher than
61% of the 1026 Companies
in the Global Asset Management industry.

( Industry Median: 15.43 vs. ARCC: 12.57 )
Ranked among companies with meaningful P/E(ttm) only.
ARCC' s P/E(ttm) Range Over the Past 10 Years
Min: 3.49  Med: 9.12 Max: 58.33
Current: 12.57
3.49
58.33
Forward P/E 9.26
ARCC's Forward P/E is ranked higher than
65% of the 144 Companies
in the Global Asset Management industry.

( Industry Median: 11.59 vs. ARCC: 9.26 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 12.57
ARCC's PE(NRI) is ranked higher than
61% of the 1030 Companies
in the Global Asset Management industry.

( Industry Median: 15.56 vs. ARCC: 12.57 )
Ranked among companies with meaningful PE(NRI) only.
ARCC' s PE(NRI) Range Over the Past 10 Years
Min: 3.49  Med: 9.11 Max: 59.2
Current: 12.57
3.49
59.2
P/B 0.93
ARCC's P/B is ranked higher than
59% of the 1504 Companies
in the Global Asset Management industry.

( Industry Median: 0.96 vs. ARCC: 0.93 )
Ranked among companies with meaningful P/B only.
ARCC' s P/B Range Over the Past 10 Years
Min: 0.3  Med: 1.04 Max: 1.38
Current: 0.93
0.3
1.38
P/S 4.67
ARCC's P/S is ranked higher than
62% of the 1250 Companies
in the Global Asset Management industry.

( Industry Median: 6.93 vs. ARCC: 4.67 )
Ranked among companies with meaningful P/S only.
ARCC' s P/S Range Over the Past 10 Years
Min: 1.29  Med: 5.17 Max: 12.71
Current: 4.67
1.29
12.71
POCF 13.24
ARCC's POCF is ranked higher than
54% of the 734 Companies
in the Global Asset Management industry.

( Industry Median: 14.75 vs. ARCC: 13.24 )
Ranked among companies with meaningful POCF only.
ARCC' s POCF Range Over the Past 10 Years
Min: 5.91  Med: 12.09 Max: 90
Current: 13.24
5.91
90
EV-to-EBIT 13.88
ARCC's EV-to-EBIT is ranked lower than
53% of the 984 Companies
in the Global Asset Management industry.

( Industry Median: 13.10 vs. ARCC: 13.88 )
Ranked among companies with meaningful EV-to-EBIT only.
ARCC' s EV-to-EBIT Range Over the Past 10 Years
Min: -70.7  Med: 10.80 Max: 72.4
Current: 13.88
-70.7
72.4
EV-to-EBITDA 13.86
ARCC's EV-to-EBITDA is ranked lower than
56% of the 990 Companies
in the Global Asset Management industry.

( Industry Median: 12.03 vs. ARCC: 13.86 )
Ranked among companies with meaningful EV-to-EBITDA only.
ARCC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -71.8  Med: 10.80 Max: 71.3
Current: 13.86
-71.8
71.3
Shiller P/E 8.88
ARCC's Shiller P/E is ranked higher than
85% of the 371 Companies
in the Global Asset Management industry.

( Industry Median: 15.27 vs. ARCC: 8.88 )
Ranked among companies with meaningful Shiller P/E only.
ARCC' s Shiller P/E Range Over the Past 10 Years
Min: 7.46  Med: 8.84 Max: 9.94
Current: 8.88
7.46
9.94
Current Ratio 1.80
ARCC's Current Ratio is ranked lower than
67% of the 1007 Companies
in the Global Asset Management industry.

( Industry Median: 3.99 vs. ARCC: 1.80 )
Ranked among companies with meaningful Current Ratio only.
ARCC' s Current Ratio Range Over the Past 10 Years
Min: 0.36  Med: 1.23 Max: 1.8
Current: 1.8
0.36
1.8
Quick Ratio 1.80
ARCC's Quick Ratio is ranked lower than
65% of the 1007 Companies
in the Global Asset Management industry.

( Industry Median: 3.91 vs. ARCC: 1.80 )
Ranked among companies with meaningful Quick Ratio only.
ARCC' s Quick Ratio Range Over the Past 10 Years
Min: 0.36  Med: 1.23 Max: 1.8
Current: 1.8
0.36
1.8
Days Sales Outstanding 49.11
ARCC's Days Sales Outstanding is ranked lower than
58% of the 500 Companies
in the Global Asset Management industry.

( Industry Median: 34.59 vs. ARCC: 49.11 )
Ranked among companies with meaningful Days Sales Outstanding only.
ARCC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.64  Med: 51.18 Max: 104.55
Current: 49.11
26.64
104.55
Days Payable 205.48
ARCC's Days Payable is ranked higher than
78% of the 249 Companies
in the Global Asset Management industry.

( Industry Median: 67.69 vs. ARCC: 205.48 )
Ranked among companies with meaningful Days Payable only.
ARCC' s Days Payable Range Over the Past 10 Years
Min: 42.79  Med: 94.67 Max: 205.48
Current: 205.48
42.79
205.48

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 10.01
ARCC's Dividend Yield is ranked higher than
87% of the 1361 Companies
in the Global Asset Management industry.

( Industry Median: 4.33 vs. ARCC: 10.01 )
Ranked among companies with meaningful Dividend Yield only.
ARCC' s Dividend Yield Range Over the Past 10 Years
Min: 7.18  Med: 9.00 Max: 49.85
Current: 10.01
7.18
49.85
Dividend Payout 1.26
ARCC's Dividend Payout is ranked lower than
74% of the 767 Companies
in the Global Asset Management industry.

( Industry Median: 0.66 vs. ARCC: 1.26 )
Ranked among companies with meaningful Dividend Payout only.
ARCC' s Dividend Payout Range Over the Past 10 Years
Min: 0.36  Med: 0.83 Max: 1.26
Current: 1.26
0.36
1.26
Dividend Growth (3y) 0.40
ARCC's Dividend Growth (3y) is ranked lower than
56% of the 611 Companies
in the Global Asset Management industry.

( Industry Median: 1.80 vs. ARCC: 0.40 )
Ranked among companies with meaningful Dividend Growth (3y) only.
ARCC' s Dividend Growth (3y) Range Over the Past 10 Years
Min: -5.7  Med: 0.70 Max: 76.9
Current: 0.4
-5.7
76.9
Forward Dividend Yield 9.88
ARCC's Forward Dividend Yield is ranked higher than
87% of the 1222 Companies
in the Global Asset Management industry.

( Industry Median: 4.77 vs. ARCC: 9.88 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 11.00
ARCC's Yield on cost (5-Year) is ranked higher than
83% of the 1598 Companies
in the Global Asset Management industry.

( Industry Median: 4.90 vs. ARCC: 11.00 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
ARCC' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 7.89  Med: 9.89 Max: 54.77
Current: 11
7.89
54.77
3-Year Average Share Buyback Ratio -11.00
ARCC's 3-Year Average Share Buyback Ratio is ranked lower than
79% of the 903 Companies
in the Global Asset Management industry.

( Industry Median: -0.70 vs. ARCC: -11.00 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
ARCC' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -81.7  Med: -31.70 Max: -11
Current: -11
-81.7
-11

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.92
ARCC's Price/Tangible Book is ranked higher than
61% of the 1448 Companies
in the Global Asset Management industry.

( Industry Median: 0.97 vs. ARCC: 0.92 )
Ranked among companies with meaningful Price/Tangible Book only.
ARCC' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.56  Med: 1.08 Max: 1.35
Current: 0.92
0.56
1.35
Price/Median PS Value 0.90
ARCC's Price/Median PS Value is ranked higher than
65% of the 826 Companies
in the Global Asset Management industry.

( Industry Median: 1.02 vs. ARCC: 0.90 )
Ranked among companies with meaningful Price/Median PS Value only.
ARCC' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.45  Med: 0.98 Max: 1.54
Current: 0.9
0.45
1.54
Price/Graham Number 0.72
ARCC's Price/Graham Number is ranked higher than
67% of the 858 Companies
in the Global Asset Management industry.

( Industry Median: 0.94 vs. ARCC: 0.72 )
Ranked among companies with meaningful Price/Graham Number only.
ARCC' s Price/Graham Number Range Over the Past 10 Years
Min: 0.45  Med: 0.67 Max: 2.01
Current: 0.72
0.45
2.01
Earnings Yield (Greenblatt) (%) 7.18
ARCC's Earnings Yield (Greenblatt) (%) is ranked higher than
64% of the 1428 Companies
in the Global Asset Management industry.

( Industry Median: 4.30 vs. ARCC: 7.18 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
ARCC' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 1.4  Med: 9.00 Max: 18.8
Current: 7.18
1.4
18.8
Forward Rate of Return (Yacktman) (%) -5.62
ARCC's Forward Rate of Return (Yacktman) (%) is ranked lower than
71% of the 375 Companies
in the Global Asset Management industry.

( Industry Median: 6.47 vs. ARCC: -5.62 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
ARCC' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -6.8  Med: -5.60 Max: 7.2
Current: -5.62
-6.8
7.2

More Statistics

Revenue(Mil) $1025
EPS $ 1.21
Beta0.46
Short Percentage of Float2.58%
52-Week Range $11.01 - 17.19
Shares Outstanding(Mil)314.35

Analyst Estimate

Dec16 Dec17
Revenue(Mil) 930 984
EPS($) 1.59 1.66
EPS without NRI($) 1.59 1.66

Business Description

Industry: Asset Management » Asset Management
Compare:NYSE:BLK, NYSE:BK, NYSE:BX, OSTO:INVE B, NYSE:STT, NYSE:BEN » details
Traded in other countries:9A2.Germany,
Ares Capital Corporation was founded on April 16, 2004 and completed its initial public offering on October 8, 2004. It is a specialty finance company that is a closed-end, non-diversified management investment company. It is externally managed by its investment adviser, Ares Capital Management LLC, a wholly owned subsidiary of Ares Management LLC. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests primarily in U.S. middle-market companies, where the supply of primary capital is limited and the investment opportunities are attractive. It invests primarily in first lien senior secured loans, second lien senior secured loans and mezzanine debt, which in some cases includes an equity component. Its competitors include public and private funds, commercial and investment banks, commercial finance companies, other BDCs and private equity funds. The Company and its portfolio companies are subject to regulation by laws and regulations at the local, state, federal and, in some cases, foreign levels.
» More Articles for ARCC

Headlines

Articles On GuruFocus.com
Insider Buys at Ares Capital Corporation Aug 26 2015 
Prospect Capital Looking – Solid Into Earnings Release Sep 10 2014 
Prospect Capital Continues To Build On Its Strengths Sep 10 2014 
Prospect Capital - Looking Solid Into Earnings Release Jul 22 2014 
Sector Watch: US Asset Management Stocks, High-Yield ARCC and BKCC Oct 28 2013 
4 Biggest High-Yield Shares Close to Heaven - Breaking 52-Week Highs and 11 Additional to Observe Sep 18 2013 
My 3 Favorites from the 20 Most Recommended Financial Dividend Shares Jan 15 2013 
The Best Stocks With Dividend Growth From Last Week (August 06 – August 12, 2012) Aug 12 2012 
The Best Dividends on June 13, 2012 Jun 12 2012 
Ares Capital Corp. Reports Operating Results (10-K) Mar 01 2011 

More From Other Websites
4 Top Jefferies Dividend-Paying Value Stocks to Buy Now Apr 21 2016
ARES CAPITAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a... Apr 20 2016
Ares Capital Continues to Expand Its Second Lien Exposure Apr 18 2016
Ares and Other Closed-End Funds See Reversal in Valuations Apr 18 2016
Ares Capital Has Built Foundation for Senior Secured Loan Program Apr 15 2016
Why Ares Capital Is Deploying Higher Leverage Apr 15 2016
Top Financials Highlight 3 Compelling Value Stocks at Jefferies Apr 15 2016
Ares Capital Is Improving Yields on Portfolio Restructuring Apr 04 2016
Why Ares Capital Is Expected to See Marginal Growth in 2016 Apr 04 2016
Ares Capital gets votes of confidence Apr 04 2016
Ares Capital Corporation Schedules Earnings Release for the First Quarter Ended March 31, 2016 Apr 04 2016
Ares Capital Corporation Schedules Earnings Release for the First Quarter Ended March 31, 2016 Apr 04 2016
12% Dividends With Insider Buying Apr 01 2016
These 7% Dividends Sell Way Below Book Mar 30 2016
Will Closed-End Managers Relook at Equity Options for Fund Raising? Mar 29 2016
Closed-End Funds: The Change in Industry Dynamics in 2016 Mar 29 2016
Why Closed-End Dividend Yields Are Higher than Alternative Asset Managers Mar 23 2016
Why Prospect Capital’s Valuation Gap Is Declining Mar 14 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK