Ares Capital (ARCC) Cash from Operations (2021 - 2026)
Ares Capital's Cash from Operations was $336 million in Q2 2026, compared with -$218 million a year earlier and up 82.6% from the prior quarter.
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Analysis
Ares Capital (ARCC) Cash from Operations (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ares Capital's Cash from Operations was -$680 million through Jun 30, 2026; for FY2025, it was -$1.72 billion.
- In earlier years, Cash from Operations was -$2.13 billion in FY2024, $511 million in FY2023, -$1.36 billion in FY2022 and -$2.46 billion in FY2021.
- The Q2 2026 figure marks the highest quarterly Cash from Operations since Q1 2023.
- Per Business Quant data, ARCC's Cash from Operations in the three quarters before Q2 2026 was $184 million (Q1 2026), -$427 million (Q4 2025) and -$773 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | -1.21 Bn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 728.46 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 9.25 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 296.16 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 2.42 Bn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 335.15 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 1.62 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 336.00 Mn |
| 10 | Federal Home Loan Mortgage | 12.00 Bn | -6.74 Bn | - | 2.76 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 336.00 Mn |
| Mar 31, 2026 | 184.00 Mn |
| Dec 31, 2025 | -427.00 Mn |
| Sep 30, 2025 | -773.00 Mn |
| Jun 30, 2025 | -218.00 Mn |
| Mar 31, 2025 | -299.00 Mn |
| Dec 31, 2024 | -268.00 Mn |
| Sep 30, 2024 | -521.00 Mn |
| Jun 30, 2024 | -1.32 Bn |
| Mar 31, 2024 | -21.00 Mn |
| Dec 31, 2023 | -359.00 Mn |
| Sep 30, 2023 | 46.00 Mn |
| Jun 30, 2023 | -48.00 Mn |
| Mar 31, 2023 | 872.00 Mn |
| Dec 31, 2022 | -360.00 Mn |
| Sep 30, 2022 | 20.00 Mn |
| Jun 30, 2022 | -1.50 Bn |
| Mar 31, 2022 | 481.00 Mn |
| Dec 31, 2021 | -1.77 Bn |
API Access
Ares Capital Cash from Operations 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-from-operations&ticker=ARCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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-from-operations&ticker=ARCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();