Ares Capital (ARCC) Operating Leases (2021 - 2025)
Ares Capital's (ARCC) quarterly Operating Leases came in at $80.0 million in Q1 2025, down 28.57% year-over-year from $112.0 million in Q1 2024, and down 23.81% quarter-over-quarter from $105.0 million in Q4 2024.
Analysis
Ares Capital (ARCC) Operating Leases (2021 - 2025) Analysis & Trends
Ares Capital (ARCC) has reported Operating Leases for 5 consecutive years, with $80.0 million the latest figure, recorded in Q1 2025.
- On a quarterly basis, Operating Leases fell 28.57% year-over-year to $80.0 million in Q1 2025; TTM through Mar 2025 was $80.0 million, a 28.57% decrease from a year earlier, with the FY2024 full-year figure at $105.0 million, up 19.32% from the prior year.
- Operating Leases was $80.0 million for Q1 2025 at Ares Capital, down from $105.0 million in the prior quarter.
- Over five years, Operating Leases peaked at $161.0 million in Q4 2021 and troughed at $29.0 million in Q1 2023.
- A 5-year average of $83.0 million and a median of $84.0 million in 2023 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases plunged 78.26% in 2022 and jumped 286.21% in 2024, its largest moves.
- Over 5 years, Operating Leases stood at $161.0 million in 2021, then sank by 78.26% to $35.0 million in 2022, then soared by 151.43% to $88.0 million in 2023, then increased by 19.32% to $105.0 million in 2024, then decreased by 23.81% to $80.0 million in 2025.
- The last three Operating Leases figures came in at $80.0 million (Q1 2025), $105.0 million (Q4 2024), and $106.0 million (Q3 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.74 Bn | - |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.37 Bn | - |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - |
| 4 | Main Street Capital | 5.20 Bn | 5.15 Bn | - |
| 5 | Blue Owl Technology Finance | 4.94 Bn | 4.73 Bn | - |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - |
| 7 | FS KKR Capital | 3.33 Bn | 3.22 Bn | - |
| 8 | Golub Capital Bdc | 3.31 Bn | 3.26 Bn | - |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 80.00 Mn |
| Dec 31, 2024 | 105.00 Mn |
| Sep 30, 2024 | 106.00 Mn |
| Jun 30, 2024 | 100.00 Mn |
| Mar 31, 2024 | 112.00 Mn |
| Dec 31, 2023 | 88.00 Mn |
| Sep 30, 2023 | 75.00 Mn |
| Jun 30, 2023 | 33.00 Mn |
| Mar 31, 2023 | 29.00 Mn |
| Dec 31, 2022 | 35.00 Mn |
| Sep 30, 2022 | 72.00 Mn |
| Dec 31, 2021 | 161.00 Mn |