Ares Capital (ARCC) Operating Leases (2021 - 2024)
Ares Capital's (ARCC) quarterly Operating Leases came in at $13.0 million in Q3 2024, down 35.0% year-on-year from $20.0 million in Q4 2023, and down 7.14% on a QoQ basis from $14.0 million in Q2 2024.
Ares Capital (ARCC) Operating Leases (2021 - 2024) Analysis & Trends
Ares Capital (ARCC) has 4 years of Operating Leases data on file, last reported at $13.0 million in Q3 2024.
- On a quarterly basis, Operating Leases fell 35.0% year-over-year to $13.0 million in Q3 2024; TTM through Sep 2024 was $13.0 million, a 35.0% decrease from a year earlier, with the FY2023 full-year figure at $17.0 million, down 45.16% from the prior year.
- Operating Leases for Q3 2024 stood at $13.0 million, down from $14.0 million in the prior quarter.
- Over the last five years, Operating Leases for ARCC reached as high as $43.0 million in Q4 2021 and fell as low as $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.
- Across the five-year window, Operating Leases declined 27.91% in 2022 and slumped 46.43% in 2024, its largest moves.
- Year by year, Operating Leases stood at $43.0 million in 2021, then dropped by 27.91% to $31.0 million in 2022, then slumped by 45.16% to $17.0 million in 2023, then dropped by 23.53% to $13.0 million in 2024.
- Per Business Quant data, the three most recent Operating Leases figures were $13.0 million in Q3 2024, $14.0 million in Q2 2024, and $15.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - |
| 10 | Ares Capital | 13.36 Bn | 12.86 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 |