Ares Capital (ARCC) Net Margin (2009 - 2026)
Ares Capital's Net Margin came in at 22.27% for Q2 2026, down 26.19 percentage points from 48.46% a year earlier but up 10.21 percentage points from the prior quarter.
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Analysis
Ares Capital (ARCC) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ares Capital reported Net Margin of 30.91%, down 14.03 percentage points year-over-year; for FY2025, it came in at 42.56%, down 8.34 percentage points from FY2024.
- Net Margin carries a five-year change of +10.53 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 50.90% in FY2024 (-7.32 pp), 58.22% in FY2023 (+29.60 pp), 28.63% in FY2022 (-57.47 pp) and 86.10% in FY2021 (+54.07 pp).
- The five-year range for quarterly Net Margin is 12.06% (Q1 2026) to 76.34% (Q3 2023).
- Year-over-year, Net Margin has declined for three consecutive quarters, with an average year-over-year change of -14.81 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q3 2023 (a gain of 56.97 percentage points), and the weakest in Q3 2022 (a drop of 56.20 percentage points).
- Business Quant data shows ARCC's Net Margin at 12.06% (Q1 2026), 36.95% (Q4 2025) and 51.66% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 20.96% |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 21.59% |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 25.03% |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 12.38% |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 17.58% |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 13.01% |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 48.93% |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 41.81% |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | -121.54% |
| 10 | Federal Home Loan Mortgage | 12.64 Bn | -328.33 Bn | - | 0.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 41.81% |
| Jun 30, 2026 | 22.27% |
| Mar 31, 2026 | 12.06% |
| Dec 31, 2025 | 36.95% |
| Sep 30, 2025 | 51.66% |
| Jun 30, 2025 | 48.46% |
| Mar 31, 2025 | 32.92% |
| Dec 31, 2024 | 47.04% |
| Sep 30, 2024 | 50.84% |
| Jun 30, 2024 | 42.65% |
| Mar 31, 2024 | 64.05% |
| Dec 31, 2023 | 58.42% |
| Sep 30, 2023 | 16.34% |
| Jun 30, 2023 | 52.21% |
| Mar 31, 2023 | 44.98% |
| Dec 31, 2022 | 27.19% |
| Sep 30, 2022 | 19.37% |
| Jun 30, 2022 | 23.17% |
| Mar 31, 2022 | 47.95% |
| Dec 31, 2021 | 72.21% |
API Access
Ares Capital Net Margin 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-margin&ticker=ARCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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-margin&ticker=ARCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();