Ares Capital (ARCC) Invested Capital (2009 - 2026)
Ares Capital (ARCC) reported Invested Capital of $29.66 billion for Q2 2026, up 5.4% from $28.14 billion a year earlier but down 0.8% from the prior quarter.
Powered by 
Analysis
Ares Capital (ARCC) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Ares Capital posted Invested Capital of $30.31 billion, up 11.9% from FY2024.
- Invested Capital has increased for four consecutive years, with a four-year compound annual growth rate of 11.1% (FY2021 to FY2025).
- By year, Invested Capital came in at $27.08 billion in FY2024 (+17.3%), $23.09 billion in FY2023 (+6.1%), $21.77 billion in FY2022 (+9.4%) and $19.89 billion in FY2021.
- Five-year quarterly Invested Capital spans a low of $19.89 billion in Q4 2021 and a high of $30.31 billion in Q4 2025.
- Year over year, Invested Capital has now increased in each of the last 12 quarters, with growth averaging 12.9% over the last eight quarters.
- The year-over-year growth in Invested Capital has ranged between 5.1% (Q3 2023) and 17.6% (Q3 2024) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at $29.91 billion (Q1 2026), $30.31 billion (Q4 2025) and $29.93 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 18.38 Bn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 59.93 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 71.63 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 4,288.89 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 24.66 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 8.66 Bn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 7.92 Bn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 26.98 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 54.27 Bn |
| 10 | Federal Home Loan Mortgage | 12.64 Bn | -328.33 Bn | - | 3,070.49 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.98 Bn |
| Jun 30, 2026 | 27.76 Bn |
| Mar 31, 2026 | 29.91 Bn |
| Dec 31, 2025 | 31.59 Bn |
| Sep 30, 2025 | 32.35 Bn |
| Jun 30, 2025 | 30.38 Bn |
| Mar 31, 2025 | 28.97 Bn |
| Dec 31, 2024 | 18.09 Bn |
| Sep 30, 2024 | 17.68 Bn |
| Jun 30, 2024 | 17.19 Bn |
| Mar 31, 2024 | 16.68 Bn |
| Dec 31, 2023 | 13.97 Bn |
| Sep 30, 2023 | 23.61 Bn |
| Jun 30, 2023 | 15.34 Bn |
| Mar 31, 2023 | 15.03 Bn |
| Dec 31, 2022 | 12.18 Bn |
| Sep 30, 2022 | 21.25 Bn |
| Jun 30, 2022 | 18.32 Bn |
| Mar 31, 2022 | 18.02 Bn |
| Dec 31, 2021 | 10.79 Bn |
API Access
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_KEYimport 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();