Ares Capital (ARCC) Debt Ratio (2021 - 2026)
Ares Capital's (ARCC) quarterly Debt Ratio came in at 0.52 in Q2 2026, up 6.56% year-over-year from 0.49 in Q2 2025, and little changed quarter-over-quarter from 0.52 in Q1 2026.
Analysis
Ares Capital (ARCC) Debt Ratio (2021 - 2026) Analysis & Trends
Ares Capital (ARCC) has reported Debt Ratio for 6 consecutive years, with 0.52 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio rose 6.56% year-over-year to 0.52 in Q2 2026; TTM through Jun 2026 was 0.52, a 6.56% increase from a year earlier, with the FY2025 full-year figure at 0.51, up 5.13% from the prior year.
- Debt Ratio was 0.52 for Q2 2026 at Ares Capital, roughly flat from 0.52 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.55 in Q4 2022 and troughed at 0.48 in Q1 2024.
- A 5-year average of 0.51 and a median of 0.51 in 2023 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio dropped 8.73% in 2023 and advanced 6.56% in 2026, its largest moves.
- Over 5 years, Debt Ratio stood at 0.55 in 2022, then declined by 8.73% to 0.5 in 2023, then slipped by 2.75% to 0.49 in 2024, then rose by 5.13% to 0.51 in 2025, then rose by 1.02% to 0.52 in 2026.
- The last three Debt Ratio figures came in at 0.52 (Q2 2026), 0.52 (Q1 2026), and 0.51 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.08 Bn | 13.70 Bn | - | 0.52 |
| 2 | Blackstone Secured Lending Fund | 5.66 Bn | 5.39 Bn | - | 0.55 |
| 3 | Blue Owl Capital | 5.48 Bn | 5.24 Bn | - | 0.51 |
| 4 | Main Street Capital | 5.24 Bn | 5.18 Bn | - | 0.43 |
| 5 | Blue Owl Technology Finance | 4.96 Bn | 4.75 Bn | - | 0.48 |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 0.50 |
| 7 | FS KKR Capital | 3.34 Bn | 3.23 Bn | - | 0.54 |
| 8 | Golub Capital Bdc | 3.30 Bn | 3.25 Bn | - | 0.54 |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.00 Mn | - | 0.24 |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 0.61 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.52 |
| Mar 31, 2026 | 0.52 |
| Dec 31, 2025 | 0.51 |
| Sep 30, 2025 | 0.51 |
| Jun 30, 2025 | 0.49 |
| Mar 31, 2025 | 0.49 |
| Dec 31, 2024 | 0.49 |
| Sep 30, 2024 | 0.50 |
| Jun 30, 2024 | 0.50 |
| Mar 31, 2024 | 0.48 |
| Dec 31, 2023 | 0.50 |
| Sep 30, 2023 | 0.50 |
| Jun 30, 2023 | 0.51 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 0.55 |
| Sep 30, 2022 | 0.54 |
| Dec 31, 2021 | 0.53 |