Ares Capital (ARCC) Interest Coverage Ratio (2021 - 2026)
Ares Capital (ARCC) reported Interest Coverage Ratio of 1.9 for Q1 2026, down 5.16% year-over-year from 2.0 in Q1 2025, and up 2.92% on a QoQ basis from 1.84 in Q4 2025.
Ares Capital (ARCC) has 6 years of Interest Coverage Ratio data on file, last reported at 1.9 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 5.16% year-over-year to 1.9 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.82 (down 11.06% YoY) and the FY2025 annual result came in at 1.84, down 10.94% from the prior year.
- Interest Coverage Ratio climbed to 1.9 in Q1 2026 per ARCC's latest filing, from 1.84 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.64 in Q2 2022 and bottomed at 1.67 in Q3 2025.
- The 5-year median for Interest Coverage Ratio is 2.09 (2024), against an average of 2.14.
- The widest annual swing landed in 2022, when Interest Coverage Ratio climbed 25.17%; it then fell 19.98% in 2023.
- Tracing ARCC's Interest Coverage Ratio over 5 years: stood at 2.6 in 2022, then fell by 13.37% to 2.25 in 2023, then fell by 11.77% to 1.99 in 2024, then slipped by 7.36% to 1.84 in 2025, then grew by 2.92% to 1.9 in 2026.
- Per Business Quant, the three latest ARCC Interest Coverage Ratio figures stand at 1.9 (Q1 2026), 1.84 (Q4 2025), and 1.67 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 21.00 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 11.62 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 552.52 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 19.81 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.03 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 1.53 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 6.35 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.44 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 7.16 |
| 10 | Ares Capital | 13.69 Bn | 10.94 Bn | - | 1.90 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.90 |
| Dec 31, 2025 | 1.84 |
| Sep 30, 2025 | 1.67 |
| Jun 30, 2025 | 1.86 |
| Mar 31, 2025 | 2.00 |
| Dec 31, 2024 | 1.99 |
| Sep 30, 2024 | 1.91 |
| Jun 30, 2024 | 2.29 |
| Mar 31, 2024 | 2.09 |
| Dec 31, 2023 | 2.25 |
| Sep 30, 2023 | 2.01 |
| Jun 30, 2023 | 2.27 |
| Mar 31, 2023 | 2.30 |
| Dec 31, 2022 | 2.60 |
| Sep 30, 2022 | 2.52 |
| Jun 30, 2022 | 2.64 |
| Mar 31, 2022 | 2.27 |
| Dec 31, 2021 | 2.38 |
| Sep 30, 2021 | 2.01 |