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
DateValue
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