Ares Capital (ARCC) Operating Leases (2021 - 2024)
Ares Capital (ARCC) posted quarterly Operating Leases of $13.0 million for Q3 2024, down 35.0% year-over-year from $20.0 million in Q4 2023, and down 7.14% quarter-over-quarter from $14.0 million in Q2 2024.
Ares Capital (ARCC) Operating Leases (2021 - 2024) Analysis & Trends
Ares Capital (ARCC) has reported Operating Leases for 4 consecutive years, with $13.0 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Operating Leases fell 35.0% year-over-year to $13.0 million; the TTM figure through Sep 2024 stood at $13.0 million (down 35.0% YoY), while the FY2023 annual figure was $17.0 million, down 45.16% from the prior year.
- Operating Leases declined to $13.0 million in Q3 2024 per ARCC's latest filing, from $14.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $43.0 million in Q4 2021 and bottomed at $13.0 million in Q3 2024.
- Historically, Operating Leases has averaged $23.8 million across 4 years, with a median of $22.0 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Leases retreated 27.91% — and 2024, when it plunged 46.43%.
- Ares Capital's Operating Leases stood at $43.0 million in 2021, then decreased by 27.91% to $31.0 million in 2022, then slumped by 45.16% to $17.0 million in 2023, then decreased by 23.53% to $13.0 million in 2024.
- Business Quant data shows ARCC's Operating Leases at $13.0 million in Q3 2024, $14.0 million in Q2 2024, and $15.0 million in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 179.21 Bn | 165.34 Bn | - |
| 2 | Blackstone | 114.55 Bn | 112.04 Bn | - |
| 3 | Kkr | 96.92 Bn | -180.16 Bn | - |
| 4 | Brookfield | 93.13 Bn | 45.73 Bn | - |
| 5 | Brookfield Asset Management | 83.51 Bn | 82.00 Bn | - |
| 6 | Apollo Global Management | 78.40 Bn | 53.03 Bn | 10.54 Bn |
| 7 | State Street | 51.52 Bn | 51.52 Bn | - |
| 8 | Ameriprise Financial | 51.14 Bn | 40.09 Bn | 4.72 Bn |
| 9 | Northern Trust | 33.99 Bn | 33.99 Bn | - |
| 10 | Ares Capital | 14.30 Bn | 13.92 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 13.00 Mn |
| Jun 30, 2024 | 14.00 Mn |
| Mar 31, 2024 | 15.00 Mn |
| Dec 31, 2023 | 17.00 Mn |
| Sep 30, 2023 | 20.00 Mn |
| Jun 30, 2023 | 24.00 Mn |
| Mar 31, 2023 | 28.00 Mn |
| Dec 31, 2022 | 31.00 Mn |
| Sep 30, 2022 | 33.00 Mn |
| Dec 31, 2021 | 43.00 Mn |