Ares Capital (ARCC) Cash & Equivalents (2009 - 2026)
Ares Capital (ARCC) reported Cash & Equivalents of $722 million for Q3 2026, down 30.3% from $1.04 billion a year earlier but up 88.5% from the prior quarter.
Powered by 
Analysis
Ares Capital (ARCC) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, Ares Capital posted Cash & Equivalents of $638 million, up 0.5% from FY2024.
- Cash & Equivalents has increased for three consecutive years, with a four-year compound annual growth rate of 14.4% (FY2021 to FY2025).
- By year, Cash & Equivalents came in at $635 million in FY2024 (+18.7%), $535 million in FY2023 (+76.6%), $303 million in FY2022 (-18.5%) and $372 million in FY2021.
- Five-year quarterly Cash & Equivalents spans a low of $257 million in Q3 2022 and a high of $1.04 billion in Q3 2025.
- Year over year, Cash & Equivalents has now declined in each of the last three quarters, with growth averaging 8.4% over the last eight quarters.
- The high point for year-over-year Cash & Equivalents in five years was Q3 2025 (growth of 113.2%); the low point was Q3 2026 (a decline of 30.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $383 million (Q2 2026), $505 million (Q1 2026) and $638 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 513.66 Mn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 2.70 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 7.17 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 10.92 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 15.90 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 2.07 Bn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 184.54 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 722.00 Mn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 2.18 Bn |
| 10 | Federal Home Loan Mortgage | 12.64 Bn | -328.33 Bn | - | 4.56 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 722.00 Mn |
| Jun 30, 2026 | 383.00 Mn |
| Mar 31, 2026 | 505.00 Mn |
| Dec 31, 2025 | 638.00 Mn |
| Sep 30, 2025 | 1.04 Bn |
| Jun 30, 2025 | 447.00 Mn |
| Mar 31, 2025 | 647.00 Mn |
| Dec 31, 2024 | 635.00 Mn |
| Sep 30, 2024 | 486.00 Mn |
| Jun 30, 2024 | 601.00 Mn |
| Mar 31, 2024 | 509.00 Mn |
| Dec 31, 2023 | 535.00 Mn |
| Sep 30, 2023 | 527.00 Mn |
| Jun 30, 2023 | 411.00 Mn |
| Mar 31, 2023 | 359.00 Mn |
| Dec 31, 2022 | 303.00 Mn |
| Sep 30, 2022 | 257.00 Mn |
| Jun 30, 2022 | 566.00 Mn |
| Mar 31, 2022 | 579.00 Mn |
| Dec 31, 2021 | 372.00 Mn |
API Access
Ares Capital Cash & Equivalents 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=cash-and-equivalents&ticker=ARCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=ARCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();