Ares Capital ARCC
NASDAQ ARCC
$19.61 -0.05 (-0.25%)
As of: Sep 10, 2026 · 10:18 AM EDT

Ares Capital (ARCC) Net Margin (2021 - 2026)

Ares Capital's (ARCC) quarterly Net Margin came in at 18.88% in Q2 2026, down 179.0% year-over-year from 23.9% in Q2 2025, and down 22.13% quarter-over-quarter from 24.25% in Q1 2026.

Analysis

Ares Capital (ARCC) Net Margin (2021 - 2026) Analysis & Trends

Ares Capital (ARCC) has reported Net Margin for 6 consecutive years, with 18.88% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Margin fell 179.0% year-over-year to 18.88% in Q2 2026; TTM through Jun 2026 was 19.93%, a 246.0% decrease from a year earlier, with the FY2025 full-year figure at 20.38%, down 373.0% from the prior year.
  • Net Margin was 18.88% for Q2 2026 at Ares Capital, down from 24.25% in the prior quarter.
  • Over five years, Net Margin peaked at 32.57% in Q2 2022 and troughed at 16.5% in Q3 2025.
  • A 5-year average of 24.73% and a median of 24.06% in 2022 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin jumped 1092 bps in 2022 and sank 930 bps in 2023, its largest moves.
  • Over 5 years, Net Margin stood at 32.5% in 2022, then declined by 22 bps to 25.46% in 2023, then declined by 9 bps to 23.06% in 2024, then retreated by 12 bps to 20.18% in 2025, then declined by 6 bps to 18.88% in 2026.
  • The last three Net Margin figures came in at 18.88% (Q2 2026), 24.25% (Q1 2026), and 20.18% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Ares Capital 14.07 Bn 13.69 Bn - 18.88%
2 Blackstone Secured Lending Fund 5.67 Bn 5.40 Bn - 22.69%
3 Blue Owl Capital 5.49 Bn 5.25 Bn - 13.25%
4 Main Street Capital 5.22 Bn 5.16 Bn - 113.52%
5 Blue Owl Technology Finance 4.95 Bn 4.74 Bn - 8.83%
6 Hercules Capital 4.62 Bn 4.57 Bn - 39.56%
7 FS KKR Capital 3.34 Bn 3.23 Bn - -
8 Golub Capital Bdc 3.32 Bn 3.27 Bn - -2.12%
9 PennantPark Floating Rate Capital 2.48 Bn -128.99 Mn - -29.16%
10 MidCap Financial Investment 2.07 Bn 2.02 Bn - 8.35%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.88%
Mar 31, 2026 24.25%
Dec 31, 2025 20.18%
Sep 30, 2025 16.50%
Jun 30, 2025 20.67%
Mar 31, 2025 24.45%
Dec 31, 2024 23.06%
Sep 30, 2024 21.42%
Jun 30, 2024 28.08%
Mar 31, 2024 23.68%
Dec 31, 2023 25.46%
Sep 30, 2023 21.98%
Jun 30, 2023 27.29%
Mar 31, 2023 28.96%
Dec 31, 2022 32.50%
Sep 30, 2022 31.28%
Jun 30, 2022 32.57%
Mar 31, 2022 23.86%
Dec 31, 2021 25.90%
Sep 30, 2021 20.36%