GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ares Capital Corp (NAS:ARCC) » Definitions » Price-to-Owner-Earnings

Ares Capital (Ares Capital) Price-to-Owner-Earnings : (As of May. 12, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Ares Capital Price-to-Owner-Earnings?

As of today (2024-05-12), Ares Capital's share price is $21.10. Ares Capital does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for Ares Capital's Price-to-Owner-Earnings or its related term are showing as below:


ARCC's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.345
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-05-12), Ares Capital's share price is $21.10. Ares Capital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $2.92. Therefore, Ares Capital's PE Ratio for today is 7.23.

As of today (2024-05-12), Ares Capital's share price is $21.10. Ares Capital's EPS without NRI for the trailing twelve months (TTM) ended in was $2.92. Therefore, Ares Capital's PE Ratio without NRI for today is 7.23.

During the past 13 years, Ares Capital's highest PE Ratio without NRI was 165.22. The lowest was 5.58. And the median was 9.19.


Ares Capital Price-to-Owner-Earnings Historical Data

The historical data trend for Ares Capital's Price-to-Owner-Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ares Capital Price-to-Owner-Earnings Chart

Ares Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Ares Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Ares Capital's Price-to-Owner-Earnings

For the Asset Management subindustry, Ares Capital's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ares Capital's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ares Capital's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Ares Capital's Price-to-Owner-Earnings falls into.



Ares Capital Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Ares Capital's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=21.10/0.00
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ares Capital  (NAS:ARCC) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Ares Capital Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Ares Capital's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Ares Capital (Ares Capital) Business Description

Traded in Other Exchanges
Address
245 Park Avenue, 44th Floor, New York, NY, USA, 10167
Ares Capital Corp is a United States-based closed-ended specialty finance company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company focuses on investing primarily in U.S. middle-market companies with investment opportunities as well as in larger companies. Its portfolio comprises of first lien senior secured loans, second lien senior secured loans, and mezzanine debt (subordinated unsecured loan), which may include equity components that are diversified by industry and sector. The company may invest in preferred and common equity investments to a lesser proportion. Its revenue mainly consists of interest and dividend income received from the investment made.
Executives
Michael Kort Schnabel officer: Co-President 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Penelope F Roll officer: Chief Financial Officer
Jana Markowicz officer: Chief Operating Officer 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Mary Beth Henson director 130 EAST 75TH STREET, APT 7C, NEW YORK NY 10021
Steven B. Mckeever director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Michael J Arougheti officer: President 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Michael Lewis Smith officer: Executive Vice President 245 PARK AVENUE, 44TH FLOOR, NEW YORK NY 10167
Joshua M Bloomstein officer: Gen. Counsel, VP & Asst. Secr. C/O ARES MANAGEMENT LLC, 280 PARK AVENUE, 22ND FL EAST, NEW YORK NY 10017
R. Kipp Deveer officer: President 245 PARK AVENUE, 44TH FLOOR, NEW YORK NY 10167
Eric B Siegel director 123 W MILLS, EL PASO TX 79901
Michael K Parks director 123 W MILLS, EL PASO TX 79901
Robert L Rosen director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Steve Bartlett director 7711 CARONDELET AVE, SUITE 800, ST LOUIS MO 63105
Kelly Daniel G Jr director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Bates Ann Torre director 300 CONTINENTAL DRIVE, NEWARK DE 19713