Ares Capital (ARCC) Net Equity Issued and Repurchased (2021 - 2025)
Ares Capital (ARCC) recorded Net Equity Issued and Repurchased of $22 million in Q4 2025, down 95.8% from $528 million a year earlier and down 89.2% from the prior quarter.
Ares Capital (ARCC) Net Equity Issued and Repurchased (2021 - 2025) Analysis & Trends
For FY2025, Ares Capital reported Net Equity Issued and Repurchased of $928 million, down 32.0% from FY2024.
- Annual Net Equity Issued and Repurchased has a five-year compound annual growth rate of 197.2% (FY2020 to FY2025).
- Across earlier years, Net Equity Issued and Repurchased came in at $1.36 billion in FY2024 (+18.1%), $1.16 billion in FY2023 (+15.4%), $1 billion in FY2022 (+22.2%) and $819 million in FY2021.
- The Q4 2025 figure is the lowest quarterly Net Equity Issued and Repurchased in data going back to Q4 2021.
- On a year-over-year basis, Net Equity Issued and Repurchased has declined for three consecutive quarters, with growth averaging 46.8% over the last eight quarters.
- Peak year-over-year performance for Net Equity Issued and Repurchased in the last five years was growth of 351.8% in Q1 2025, against a decline of 95.8% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $204 million (Q3 2025), $318 million (Q2 2025) and $384 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Equity Issued (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 15.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 2.48 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 447.00 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Federal Home Loan Mortgage | 12.39 Bn | -6.35 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 22.00 Mn |
| Sep 30, 2025 | 204.00 Mn |
| Jun 30, 2025 | 318.00 Mn |
| Mar 31, 2025 | 384.00 Mn |
| Dec 31, 2024 | 528.00 Mn |
| Sep 30, 2024 | 302.00 Mn |
| Jun 30, 2024 | 449.00 Mn |
| Mar 31, 2024 | 85.00 Mn |
| Dec 31, 2023 | 236.00 Mn |
| Sep 30, 2023 | 215.00 Mn |
| Jun 30, 2023 | 227.00 Mn |
| Mar 31, 2023 | 477.00 Mn |
| Dec 31, 2022 | 193.00 Mn |
| Sep 30, 2022 | 229.00 Mn |
| Jun 30, 2022 | 69.00 Mn |
| Mar 31, 2022 | 510.00 Mn |
| Dec 31, 2021 | 132.00 Mn |
Ares Capital Net Equity Issued and Repurchased 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=net-equity-issued-and-repurchased&ticker=ARCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-equity-issued-and-repurchased", "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=net-equity-issued-and-repurchased&ticker=ARCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();