Ares Capital (ARCC) Management Fees Payable (2013 - 2026)
Ares Capital (ARCC) reported Management Fees Payable of $109 million for Q3 2026, up 0.9% from $108 million a year earlier but down 0.9% from the prior quarter.
Ares Capital (ARCC) Management Fees Payable (2013 - 2026) Analysis & Trends
At the end of FY2025, Ares Capital posted Management Fees Payable of $111 million, up 11.0% from FY2024.
- Management Fees Payable has increased for four consecutive years, with a four-year compound annual growth rate of 12.6% (FY2021 to FY2025).
- By year, Management Fees Payable came in at $100 million in FY2024 (+19.0%), $84 million in FY2023 (+6.3%), $79 million in FY2022 (+14.5%) and $69 million in FY2021.
- Five-year quarterly Management Fees Payable spans a low of $69 million in Q4 2021 and a high of $111 million in Q1 2026.
- Year over year, Management Fees Payable has now increased in each of the last 13 quarters, with growth averaging 11.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Management Fees Payable ranged from 0.9% (Q3 2026) to 19.0% (Q4 2024).
- Per Business Quant data, the three quarters before Q3 2026 came in at $110 million (Q2 2026), $111 million (Q1 2026) and $111 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Management Fees Payable (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 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 | - | 109.00 Mn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | Federal Home Loan Mortgage | 12.64 Bn | -328.33 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 109.00 Mn |
| Jun 30, 2026 | 110.00 Mn |
| Mar 31, 2026 | 111.00 Mn |
| Dec 31, 2025 | 111.00 Mn |
| Sep 30, 2025 | 108.00 Mn |
| Jun 30, 2025 | 104.00 Mn |
| Mar 31, 2025 | 102.00 Mn |
| Dec 31, 2024 | 100.00 Mn |
| Sep 30, 2024 | 96.00 Mn |
| Jun 30, 2024 | 91.00 Mn |
| Mar 31, 2024 | 87.00 Mn |
| Dec 31, 2023 | 84.00 Mn |
| Sep 30, 2023 | 81.00 Mn |
| Jun 30, 2023 | 79.00 Mn |
| Mar 31, 2023 | 79.00 Mn |
| Dec 31, 2022 | 79.00 Mn |
| Sep 30, 2022 | 78.00 Mn |
| Jun 30, 2022 | 75.00 Mn |
| Mar 31, 2022 | 73.00 Mn |
| Dec 31, 2021 | 69.00 Mn |
Ares Capital Management Fees Payable 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=management-fees-payable&ticker=ARCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "management-fees-payable", "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=management-fees-payable&ticker=ARCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();