Ares Capital (ARCC) Invested Capital (2021 - 2026)
Ares Capital's (ARCC) quarterly Invested Capital came in at $29.7 billion in Q2 2026, up 5.4% year-over-year from $28.1 billion in Q2 2025, and down 0.83% quarter-over-quarter from $29.9 billion in Q1 2026.
Ares Capital (ARCC) Invested Capital (2021 - 2026) Analysis & Trends
Ares Capital (ARCC) has reported Invested Capital for 6 consecutive years, with $29.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital rose 5.4% year-over-year to $29.7 billion in Q2 2026; TTM through Jun 2026 was $29.7 billion, a 5.4% increase from a year earlier, with the FY2025 full-year figure at $30.3 billion, up 11.78% from the prior year.
- Invested Capital was $29.7 billion for Q2 2026 at Ares Capital, down from $29.9 billion in the prior quarter.
- Over five years, Invested Capital peaked at $30.3 billion in Q4 2025 and troughed at $21.3 billion in Q3 2022.
- A 5-year average of $25.6 billion and a median of $25.8 billion in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital rose 5.24% in 2023 and advanced 17.62% in 2024, its largest moves.
- Over 5 years, Invested Capital stood at $21.8 billion in 2022, then climbed by 5.84% to $23.1 billion in 2023, then grew by 17.28% to $27.1 billion in 2024, then climbed by 11.78% to $30.3 billion in 2025, then declined by 2.13% to $29.7 billion in 2026.
- The last three Invested Capital figures came in at $29.7 billion (Q2 2026), $29.9 billion (Q1 2026), and $30.3 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 47.84 Bn | 44.74 Bn | - | 40.19 Bn |
| 2 | Orix | 44.49 Bn | 44.82 Bn | 4.68 Bn | 69.63 Bn |
| 3 | Royalty Pharma | 33.65 Bn | 35.77 Bn | - | 19.13 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 28.57 Bn | 28.57 Bn | - | - |
| 5 | Affirm Holdings | 24.20 Bn | 22.57 Bn | - | 8.82 Bn |
| 6 | Synchrony Financial | 23.63 Bn | 7.43 Bn | - | 33.33 Bn |
| 7 | Royal Gold | 21.87 Bn | 21.73 Bn | 390.45 Mn | 8.03 Bn |
| 8 | Annaly Capital Management | 16.08 Bn | 13.23 Bn | - | 51.34 Bn |
| 9 | Federal Home Loan Mortgage | 14.13 Bn | 9.81 Bn | - | 277.48 Bn |
| 10 | Ares Capital | 13.90 Bn | 13.52 Bn | - | 29.66 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.66 Bn |
| Mar 31, 2026 | 29.91 Bn |
| Dec 31, 2025 | 30.31 Bn |
| Sep 30, 2025 | 29.93 Bn |
| Jun 30, 2025 | 28.14 Bn |
| Mar 31, 2025 | 27.59 Bn |
| Dec 31, 2024 | 27.11 Bn |
| Sep 30, 2024 | 26.31 Bn |
| Jun 30, 2024 | 25.36 Bn |
| Mar 31, 2024 | 23.60 Bn |
| Dec 31, 2023 | 23.12 Bn |
| Sep 30, 2023 | 22.37 Bn |
| Jun 30, 2023 | 21.76 Bn |
| Mar 31, 2023 | 21.29 Bn |
| Dec 31, 2022 | 21.84 Bn |
| Sep 30, 2022 | 21.25 Bn |
| Dec 31, 2021 | 19.96 Bn |
Ares Capital Invested Capital 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=invested-capital&ticker=ARCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ARCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();