Ares Capital (ARCC) Free Cash Flow (2021 - 2026)
Ares Capital (ARCC) posted quarterly Free Cash Flow of $336.0 million for Q2 2026, up 254.13% year-over-year from $94.9 million in Q2 2025, and up 82.61% quarter-over-quarter from $184.0 million in Q1 2026.
Ares Capital (ARCC) Free Cash Flow (2021 - 2026) Analysis & Trends
Ares Capital (ARCC) has reported Free Cash Flow for 6 consecutive years, with $336.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Free Cash Flow rose 254.13% year-over-year to $336.0 million; the TTM figure through Jun 2026 stood at -$680.0 million (up 47.93% YoY), while the FY2025 annual figure was -$1.7 billion, up 19.31% from the prior year.
- Free Cash Flow grew to $336.0 million in Q2 2026 per ARCC's latest filing, from $184.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $872.0 million in Q1 2023 and bottomed at -$1.5 billion in Q2 2022.
- Historically, Free Cash Flow has averaged -$231.8 million across 5 years, with a median of -$243.0 million in 2024.
- Annual changes were most pronounced in 2024 — Free Cash Flow slumped 2645.83% — and 2026, when it soared 254.13%.
- Ares Capital's Free Cash Flow stood at -$360.0 million in 2022, then grew by 0.28% to -$359.0 million in 2023, then grew by 25.35% to -$268.0 million in 2024, then tumbled by 59.33% to -$427.0 million in 2025, then soared by 178.69% to $336.0 million in 2026.
- Business Quant data shows ARCC's Free Cash Flow at $336.0 million in Q2 2026, $184.0 million in Q1 2026, and -$427.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 1.12 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 1.91 Bn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 3.20 Bn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 535.00 Mn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 2.88 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | -3.00 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 2.85 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | -308.00 Mn |
| 10 | Ares Capital | 14.31 Bn | 13.93 Bn | - | 336.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 336.00 Mn |
| Jun 30, 2026 | 336.00 Mn |
| Mar 31, 2026 | 184.00 Mn |
| Mar 31, 2026 | 184.00 Mn |
| Dec 31, 2025 | -427.00 Mn |
| Dec 31, 2025 | -427.00 Mn |
| Sep 30, 2025 | -773.00 Mn |
| Sep 30, 2025 | -773.00 Mn |
| Jun 30, 2025 | -218.00 Mn |
| Jun 30, 2025 | -218.00 Mn |
| Mar 31, 2025 | -299.00 Mn |
| Mar 31, 2025 | -299.00 Mn |
| Dec 31, 2024 | -268.00 Mn |
| Dec 31, 2024 | -268.00 Mn |
| Sep 30, 2024 | -521.00 Mn |
| Sep 30, 2024 | -521.00 Mn |
| Jun 30, 2024 | -1.32 Bn |
| Jun 30, 2024 | -1.32 Bn |
| Mar 31, 2024 | -21.00 Mn |
| Mar 31, 2024 | -21.00 Mn |