Ares Capital (ARCC) Non Operating Interest Expenses (2021 - 2026)
Ares Capital's Non Operating Interest Expenses came in at $214 million for Q2 2026, up 13.8% from $188 million a year earlier and up 0.5% from the prior quarter.
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Analysis
Ares Capital (ARCC) Non Operating Interest Expenses (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ares Capital reported Non Operating Interest Expenses of $846 million, up 11.9% year-over-year; for FY2025, it came in at $793 million, up 10.9% from FY2024.
- Non Operating Interest Expenses has increased in each of the last five years, with a five-year compound annual growth rate of 20.1% (FY2020 to FY2025).
- Going back by year, Non Operating Interest Expenses was $715 million in FY2024 (+22.9%), $582 million in FY2023 (+27.9%), $455 million in FY2022 (+22.3%) and $372 million in FY2021 (+17.4%).
- The Q2 2026 figure represents the highest quarterly Non Operating Interest Expenses in data going back to Q3 2021.
- Year-over-year, Non Operating Interest Expenses has increased for 16 consecutive quarters, with growth averaging 15.8% over the last eight quarters.
- Over the past five years, the year-over-year growth in Non Operating Interest Expenses ranged from 7.2% (Q3 2025) to 49.5% (Q1 2023).
- Business Quant data shows ARCC's Non Operating Interest Expenses at $213 million (Q1 2026), $210 million (Q4 2025) and $209 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | 281.69 Mn |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | 374.00 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | - |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | 118.51 Mn |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | 214.00 Mn |
| 10 | Federal Home Loan Mortgage | 12.68 Bn | -6.06 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 214.00 Mn |
| Mar 31, 2026 | 213.00 Mn |
| Dec 31, 2025 | 210.00 Mn |
| Sep 30, 2025 | 209.00 Mn |
| Jun 30, 2025 | 188.00 Mn |
| Mar 31, 2025 | 186.00 Mn |
| Dec 31, 2024 | 187.00 Mn |
| Sep 30, 2024 | 195.00 Mn |
| Jun 30, 2024 | 174.00 Mn |
| Mar 31, 2024 | 159.00 Mn |
| Dec 31, 2023 | 157.00 Mn |
| Sep 30, 2023 | 145.00 Mn |
| Jun 30, 2023 | 141.00 Mn |
| Mar 31, 2023 | 139.00 Mn |
| Dec 31, 2022 | 141.00 Mn |
| Sep 30, 2022 | 120.00 Mn |
| Jun 30, 2022 | 101.00 Mn |
| Mar 31, 2022 | 93.00 Mn |
| Dec 31, 2021 | 105.00 Mn |
| Sep 30, 2021 | 94.00 Mn |
API Access
Ares Capital Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=ARCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=ARCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();