Ares Capital (ARCC) Long-Term Debt (2009 - 2026)
Ares Capital (ARCC) reported Long-Term Debt of $15.12 billion for Q3 2026, down 3.1% from $15.61 billion a year earlier and down 4.1% from the prior quarter.
Ares Capital (ARCC) Long-Term Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Ares Capital posted Long-Term Debt of $15.99 billion, up 16.5% from FY2024.
- Long-Term Debt has a four-year compound annual growth rate of 9.8% (FY2021 to FY2025).
- By year, Long-Term Debt came in at $13.73 billion in FY2024 (+15.5%), $11.88 billion in FY2023 (-2.7%), $12.21 billion in FY2022 (+10.8%) and $11.02 billion in FY2021.
- The Q3 2026 figure ranks as the lowest quarterly Long-Term Debt since Q2 2025.
- Year over year, Long-Term Debt gained in seven of the last eight quarters, with growth averaging 12.3%.
- The high point for year-over-year Long-Term Debt in five years was Q1 2025 (growth of 19.0%); the low point was Q3 2026 (a decline of 3.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $15.77 billion (Q2 2026), $15.85 billion (Q1 2026) and $15.99 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 8.59 Bn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 35.20 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 17.03 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | - |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 15.12 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | Federal Home Loan Mortgage | 12.64 Bn | -328.33 Bn | - | 157.00 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.12 Bn |
| Jun 30, 2026 | 15.77 Bn |
| Mar 31, 2026 | 15.85 Bn |
| Dec 31, 2025 | 15.99 Bn |
| Sep 30, 2025 | 15.61 Bn |
| Jun 30, 2025 | 14.11 Bn |
| Mar 31, 2025 | 13.92 Bn |
| Dec 31, 2024 | 13.73 Bn |
| Sep 30, 2024 | 13.50 Bn |
| Jun 30, 2024 | 12.96 Bn |
| Mar 31, 2024 | 11.70 Bn |
| Dec 31, 2023 | 11.88 Bn |
| Sep 30, 2023 | 11.52 Bn |
| Jun 30, 2023 | 11.37 Bn |
| Mar 31, 2023 | 11.16 Bn |
| Dec 31, 2022 | 12.21 Bn |
| Sep 30, 2022 | 11.82 Bn |
| Jun 30, 2022 | 7.61 Bn |
| Mar 31, 2022 | 7.27 Bn |
| Dec 31, 2021 | 11.02 Bn |
Ares Capital Long-Term Debt 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=long-term-debt&ticker=ARCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt", "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=long-term-debt&ticker=ARCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();