Ares Capital (ARCC) Base Management Fees (2009 - 2026)
Ares Capital's Base Management Fees came in at $109 million for Q3 2026, up 0.9% from $108 million a year earlier but down 0.9% from the prior quarter.
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Analysis
Ares Capital (ARCC) Base Management Fees (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Ares Capital reported Base Management Fees of $441 million, up 6.5% year-over-year; for FY2025, it came in at $425 million, up 13.6% from FY2024.
- Base Management Fees has increased in each of the last five years, with a five-year compound annual growth rate of 14.4% (FY2020 to FY2025).
- Going back by year, Base Management Fees was $374 million in FY2024 (+15.8%), $323 million in FY2023 (+5.9%), $305 million in FY2022 (+20.6%) and $253 million in FY2021 (+16.6%).
- The five-year range for quarterly Base Management Fees is $69 million (Q4 2021) to $111 million (Q1 2026).
- Year-over-year, Base Management Fees has increased for 17 consecutive quarters, with growth averaging 11.2% over the last eight quarters.
- Across the past five years, year-over-year growth in Base Management Fees ran from 0.9% in Q3 2026 to 20.0% in Q3 2022.
- Business Quant data shows ARCC's Base Management Fees at $110 million (Q2 2026), $111 million (Q1 2026) and $111 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | Federal Home Loan Mortgage | 12.64 Bn | -328.33 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 109.00 Mn |
| Jun 30, 2026 | 110.00 Mn |
| Mar 31, 2026 | 111.00 Mn |
| Dec 31, 2025 | 111.00 Mn |
| Sep 30, 2025 | 108.00 Mn |
| Jun 30, 2025 | 104.00 Mn |
| Mar 31, 2025 | 102.00 Mn |
| Dec 31, 2024 | 100.00 Mn |
| Sep 30, 2024 | 96.00 Mn |
| Jun 30, 2024 | 91.00 Mn |
| Mar 31, 2024 | 87.00 Mn |
| Dec 31, 2023 | 84.00 Mn |
| Sep 30, 2023 | 81.00 Mn |
| Jun 30, 2023 | 79.00 Mn |
| Mar 31, 2023 | 79.00 Mn |
| Dec 31, 2022 | 79.00 Mn |
| Sep 30, 2022 | 78.00 Mn |
| Jun 30, 2022 | 75.00 Mn |
| Mar 31, 2022 | 73.00 Mn |
| Dec 31, 2021 | 69.00 Mn |
API Access
Ares Capital Base Management Fees API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=base-management-fees&ticker=ARCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "base-management-fees", "ticker": "ARCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=base-management-fees&ticker=ARCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();