Ares Capital (ARCC) FCF Payout Ratio (2021 - 2026)
Ares Capital's (ARCC) quarterly FCF Payout Ratio came in at 1.03 in Q2 2026, up 170.61% year-over-year from 0.38 in Q2 2025, and down 45.24% quarter-over-quarter from 1.88 in Q1 2026.
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Ares Capital (ARCC) FCF Payout Ratio (2021 - 2026) Analysis & Trends
Ares Capital (ARCC) has reported FCF Payout Ratio for 6 consecutive years, with 1.03 the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Payout Ratio rose 170.61% year-over-year to 1.03 in Q2 2026; TTM through Jun 2026 was 1.95, a 110.08% decrease from a year earlier, with the FY2025 full-year figure at 0.74, down 37.54% from the prior year.
- FCF Payout Ratio was 1.03 for Q2 2026 at Ares Capital, down from 1.88 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 11.7 in Q3 2022 and troughed at 12.86 in Q1 2024.
- A 5-year average of 0.24 and a median of 0.48 in 2025 frame the typical range for FCF Payout Ratio.
- Across the five-year window, FCF Payout Ratio slumped 4395.57% in 2024 and surged 282.02% in 2026, its largest moves.
- Over 5 years, FCF Payout Ratio stood at 0.69 in 2022, then slipped by 6.77% to 0.73 in 2023, then plunged by 54.33% to 1.13 in 2024, then surged by 33.92% to 0.75 in 2025, then jumped by 237.44% to 1.03 in 2026.
- The last three FCF Payout Ratio figures came in at 1.03 (Q2 2026), 1.88 (Q1 2026), and 0.75 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.74 Bn | - | 1.03 |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.37 Bn | - | 0.30 |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | 0.34 |
| 4 | Main Street Capital | 5.20 Bn | 5.15 Bn | - | 0.77 |
| 5 | Blue Owl Technology Finance | 4.94 Bn | 4.73 Bn | - | - |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 0.29 |
| 7 | FS KKR Capital | 3.33 Bn | 3.22 Bn | - | 0.17 |
| 8 | Golub Capital Bdc | 3.31 Bn | 3.26 Bn | - | 0.37 |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 0.30 |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 0.13 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.03 |
| Mar 31, 2026 | 1.88 |
| Dec 31, 2025 | -0.75 |
| Sep 30, 2025 | -0.41 |
| Jun 30, 2025 | -1.45 |
| Mar 31, 2025 | -1.03 |
| Dec 31, 2024 | -1.13 |
| Sep 30, 2024 | -0.55 |
| Jun 30, 2024 | -0.21 |
| Mar 31, 2024 | -12.86 |
| Dec 31, 2023 | -0.73 |
| Sep 30, 2023 | 5.52 |
| Jun 30, 2023 | -5.27 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | -0.69 |
| Sep 30, 2022 | 11.70 |
| Jun 30, 2022 | -0.15 |
| Mar 31, 2022 | 0.43 |
| Dec 31, 2021 | -0.09 |