Ares Capital ARCC
NASDAQ ARCC
$19.66 -0.04 (-0.20%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ares Capital (ARCC) EV to EBITDA (2021 - 2026)

Ares Capital's (ARCC) quarterly EV to EBITDA came in at 35.21 in Q2 2026, down 18.16% year-over-year from 43.02 in Q2 2025, and up 14.4% quarter-over-quarter from 30.78 in Q1 2026.

Analysis

Ares Capital (ARCC) EV to EBITDA (2021 - 2026) Analysis & Trends

Ares Capital (ARCC) has reported EV to EBITDA for 6 consecutive years, with 35.21 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to EBITDA fell 18.16% year-over-year to 35.21 in Q2 2026; TTM through Jun 2026 was 8.57, a 16.46% decrease from a year earlier, with the FY2025 full-year figure at 9.52, changed 0.12% from the prior year.
  • EV to EBITDA was 35.21 for Q2 2026 at Ares Capital, up from 30.78 in the prior quarter.
  • Over five years, EV to EBITDA peaked at 48.95 in Q1 2022 and troughed at 25.29 in Q4 2022.
  • A 5-year average of 34.89 and a median of 35.09 in 2024 frame the typical range for EV to EBITDA.
  • Across the five-year window, EV to EBITDA plunged 44.46% in 2022 and jumped 37.01% in 2025, its largest moves.
  • Over 5 years, EV to EBITDA stood at 25.29 in 2022, then advanced by 24.22% to 31.42 in 2023, then rose by 20.42% to 37.84 in 2024, then declined by 5.16% to 35.88 in 2025, then slipped by 1.88% to 35.21 in 2026.
  • The last three EV to EBITDA figures came in at 35.21 (Q2 2026), 30.78 (Q1 2026), and 35.88 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ares Capital 14.12 Bn 13.73 Bn -
2 Blackstone Secured Lending Fund 5.69 Bn 5.42 Bn -
3 Blue Owl Capital 5.52 Bn 5.28 Bn -
4 Main Street Capital 5.26 Bn 5.20 Bn -
5 Blue Owl Technology Finance 5.05 Bn 4.84 Bn -
6 Hercules Capital 4.64 Bn 4.59 Bn -
7 FS KKR Capital 3.37 Bn 3.27 Bn -
8 Golub Capital Bdc 3.34 Bn 3.30 Bn -
9 PennantPark Floating Rate Capital 2.48 Bn -129.09 Mn -
10 MidCap Financial Investment 2.07 Bn 2.03 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 35.21
Mar 31, 2026 30.78
Dec 31, 2025 35.88
Sep 30, 2025 38.90
Jun 30, 2025 43.02
Mar 31, 2025 39.36
Dec 31, 2024 37.84
Sep 30, 2024 34.96
Jun 30, 2024 31.40
Mar 31, 2024 36.60
Dec 31, 2023 31.42
Sep 30, 2023 36.14
Jun 30, 2023 31.42
Mar 31, 2023 30.00
Dec 31, 2022 25.29
Sep 30, 2022 27.54
Jun 30, 2022 33.31
Mar 31, 2022 48.95
Dec 31, 2021 38.18
Sep 30, 2021 49.59