Ares Capital (ARCC) Dividend Coverage Ratio (2021 - 2026)
Ares Capital's (ARCC) quarterly Dividend Coverage Ratio came in at 0.42 in Q2 2026, down 13.49% year-over-year from 0.49 in Q2 2025, and down 21.62% quarter-over-quarter from 0.54 in Q1 2026.
Analysis
Ares Capital (ARCC) Dividend Coverage Ratio (2021 - 2026) Analysis & Trends
Ares Capital (ARCC) has reported Dividend Coverage Ratio for 6 consecutive years, with 0.42 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio fell 13.49% year-over-year to 0.42 in Q2 2026; TTM through Jun 2026 was 0.47, a 16.04% decrease from a year earlier, with the FY2025 full-year figure at 0.49, down 22.26% from the prior year.
- Dividend Coverage Ratio was 0.42 for Q2 2026 at Ares Capital, down from 0.54 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 0.84 in Q4 2022 and troughed at 0.4 in Q3 2025.
- A 5-year average of 0.6 and a median of 0.58 in 2024 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio soared 35.86% in 2023 and tumbled 36.07% in 2025, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 0.84 in 2022, then decreased by 18.73% to 0.68 in 2023, then fell by 15.61% to 0.58 in 2024, then retreated by 13.16% to 0.5 in 2025, then fell by 16.2% to 0.42 in 2026.
- The last three Dividend Coverage Ratio figures came in at 0.42 (Q2 2026), 0.54 (Q1 2026), and 0.5 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 0.42 |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 0.43 |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 0.29 |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 1.89 |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 0.18 |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 0.69 |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | - |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | -0.06 |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | -0.63 |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 0.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.42 |
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.50 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.49 |
| Mar 31, 2025 | 0.58 |
| Dec 31, 2024 | 0.58 |
| Sep 30, 2024 | 0.58 |
| Jun 30, 2024 | 0.76 |
| Mar 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.68 |
| Sep 30, 2023 | 0.57 |
| Jun 30, 2023 | 0.68 |
| Mar 31, 2023 | 0.69 |
| Dec 31, 2022 | 0.84 |
| Sep 30, 2022 | 0.72 |
| Jun 30, 2022 | 0.70 |
| Mar 31, 2022 | 0.50 |
| Dec 31, 2021 | 0.90 |