Ares Capital (ARCC) Other Gross PP&E Adjustments (2021 - 2024)
Ares Capital (ARCC) reported Other Gross PP&E Adjustments of -$7.0 million for Q3 2024, up 46.15% year-over-year from -$4.8 million in Q4 2023, and up 12.5% on a QoQ basis from -$8.0 million in Q2 2024.
Ares Capital (ARCC) has 4 years of Other Gross PP&E Adjustments data on file, last reported at -$7.0 million in Q3 2024.
- Quarterly Other Gross PP&E Adjustments rose 46.15% year-over-year to -$7.0 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was -$7.0 million (up 46.15% YoY) and the FY2023 annual result came in at -$10.0 million, up 50.0% from the prior year.
- Other Gross PP&E Adjustments climbed to -$7.0 million in Q3 2024 per ARCC's latest filing, from -$8.0 million in the prior quarter.
- Across five years, Other Gross PP&E Adjustments topped out at -$7.0 million in Q3 2024 and bottomed at -$27.0 million in Q4 2021.
- The 4-year median for Other Gross PP&E Adjustments is -$14.0 million (2023), against an average of -$14.8 million.
- The widest annual swing landed in 2022, when Other Gross PP&E Adjustments rose 25.93%; it then jumped 50.0% in 2023.
- Tracing ARCC's Other Gross PP&E Adjustments over 4 years: stood at -$27.0 million in 2021, then advanced by 25.93% to -$20.0 million in 2022, then jumped by 50.0% to -$10.0 million in 2023, then advanced by 30.0% to -$7.0 million in 2024.
- Per Business Quant, the three latest ARCC Other Gross PP&E Adjustments figures stand at -$7.0 million (Q3 2024), -$8.0 million (Q2 2024), and -$9.0 million (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Gross PP&E Adjustments (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | -1.85 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 165.21 Mn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | -727.90 Mn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | - |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | -833.00 Mn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | - |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | -564.57 Mn |
| 10 | Ares Capital | 13.69 Bn | 10.94 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -7.00 Mn |
| Sep 30, 2024 | -7.00 Mn |
| Jun 30, 2024 | -8.00 Mn |
| Jun 30, 2024 | -8.00 Mn |
| Mar 31, 2024 | -9.00 Mn |
| Mar 31, 2024 | -9.00 Mn |
| Dec 31, 2023 | -10.00 Mn |
| Dec 31, 2023 | -10.00 Mn |
| Sep 30, 2023 | -13.00 Mn |
| Sep 30, 2023 | -13.00 Mn |
| Jun 30, 2023 | -15.00 Mn |
| Jun 30, 2023 | -15.00 Mn |
| Mar 31, 2023 | -18.00 Mn |
| Mar 31, 2023 | -18.00 Mn |
| Dec 31, 2022 | -20.00 Mn |
| Dec 31, 2022 | -20.00 Mn |
| Sep 30, 2022 | -21.00 Mn |
| Sep 30, 2022 | -21.00 Mn |
| Dec 31, 2021 | -27.00 Mn |
| Dec 31, 2021 | -27.00 Mn |