Ares Capital (ARCC) Interest Expenses (2021 - 2026)
Ares Capital (ARCC) reported Interest Expenses of $214 million for Q2 2026, up 13.8% from $188 million a year earlier and up 0.5% from the prior quarter.
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Analysis
Ares Capital (ARCC) Interest Expenses (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ares Capital's Interest Expenses came in at $846 million, up 11.9% year-over-year; for FY2025, it came in at $793 million, up 10.9% from FY2024.
- Interest Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 20.1% (FY2020 to FY2025).
- By year, Interest Expenses came in at $715 million in FY2024 (+22.9%), $582 million in FY2023 (+27.9%), $455 million in FY2022 (+22.3%) and $372 million in FY2021 (+17.4%).
- The Q2 2026 figure ranks as the highest quarterly Interest Expenses in data going back to Q3 2021.
- Year over year, Interest Expenses has now increased in each of the last 16 quarters, with growth averaging 15.8% over the last eight quarters.
- The year-over-year growth in Interest Expenses has ranged between 7.2% (Q3 2025) and 49.5% (Q1 2023) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at $213 million (Q1 2026), $210 million (Q4 2025) and $209 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 374.00 Mn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 33.32 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 975.00 Mn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 214.00 Mn |
| 10 | Federal Home Loan Mortgage | 12.00 Bn | -6.74 Bn | - | 28.27 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 214.00 Mn |
| Mar 31, 2026 | 213.00 Mn |
| Dec 31, 2025 | 210.00 Mn |
| Sep 30, 2025 | 209.00 Mn |
| Jun 30, 2025 | 188.00 Mn |
| Mar 31, 2025 | 186.00 Mn |
| Dec 31, 2024 | 187.00 Mn |
| Sep 30, 2024 | 195.00 Mn |
| Jun 30, 2024 | 174.00 Mn |
| Mar 31, 2024 | 159.00 Mn |
| Dec 31, 2023 | 157.00 Mn |
| Sep 30, 2023 | 145.00 Mn |
| Jun 30, 2023 | 141.00 Mn |
| Mar 31, 2023 | 139.00 Mn |
| Dec 31, 2022 | 141.00 Mn |
| Sep 30, 2022 | 120.00 Mn |
| Jun 30, 2022 | 101.00 Mn |
| Mar 31, 2022 | 93.00 Mn |
| Dec 31, 2021 | 105.00 Mn |
| Sep 30, 2021 | 94.00 Mn |
API Access
Ares Capital Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=ARCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "ARCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=ARCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();