Ares Capital (ARCC) Net Shares Issued and Repurchased (2021 - 2026)
Ares Capital (ARCC) reported Net Shares Issued and Repurchased of $22 million for Q4 2025, down 95.8% from $528 million a year earlier and down 89.2% from the prior quarter.
Ares Capital (ARCC) Net Shares Issued and Repurchased (2021 - 2026) Analysis & Trends
For FY2025, Ares Capital posted Net Shares Issued and Repurchased of $928 million, down 32.0% from FY2024.
- By year, Net Shares 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 ranks as the lowest quarterly Net Shares Issued and Repurchased in data going back to Q4 2021.
- Year over year, Net Shares Issued and Repurchased has now declined in each of the last three quarters, with growth averaging 46.8% over the last eight quarters.
- The high point for year-over-year Net Shares Issued and Repurchased in five years was Q1 2025 (growth of 351.8%); the low point was Q4 2025 (a decline of 95.8%).
- Per Business Quant data, the three quarters before Q4 2025 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 Shares Issued (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 42.82 Bn | 31.64 Bn | - | 13.00 Mn |
| 2 | Orix | 38.85 Bn | 7.58 Bn | 12.74 Bn | - |
| 3 | Royalty Pharma | 30.02 Bn | 27.40 Bn | - | -86.34 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.05 Bn | 26.05 Bn | - | - |
| 5 | Synchrony Financial | 23.55 Bn | -44.08 Bn | - | -1.10 Bn |
| 6 | Affirm Holdings | 23.27 Bn | 16.32 Bn | - | 12.08 Mn |
| 7 | Royal Gold | 22.53 Bn | 21.71 Bn | 390.45 Mn | -27.52 Mn |
| 8 | Annaly Capital Management | 14.32 Bn | 5.27 Bn | - | 757.42 Mn |
| 9 | Ares Capital | 13.77 Bn | 11.52 Bn | - | 82.00 Mn |
| 10 | Federal Home Loan Mortgage | 12.90 Bn | -5.77 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 82.00 Mn |
| 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 Shares 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-shares-issued-and-repurchased&ticker=ARCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-shares-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-shares-issued-and-repurchased&ticker=ARCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();