Ares Capital (ARCC) Payout Ratio (2021 - 2026)
Ares Capital's (ARCC) quarterly Payout Ratio came in at 2.38 in Q2 2026, up 15.59% year-over-year from 2.06 in Q2 2025, and up 27.59% quarter-over-quarter from 1.86 in Q1 2026.
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Analysis
Ares Capital (ARCC) Payout Ratio (2021 - 2026) Analysis & Trends
Ares Capital (ARCC) has reported Payout Ratio for 6 consecutive years, with 2.38 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payout Ratio rose 15.59% year-over-year to 2.38 in Q2 2026; TTM through Jun 2026 was 2.15, a 19.1% increase from a year earlier, with the FY2025 full-year figure at 2.03, up 28.64% from the prior year.
- Payout Ratio was 2.38 for Q2 2026 at Ares Capital, up from 1.86 in the prior quarter.
- Over five years, Payout Ratio peaked at 2.48 in Q3 2025 and troughed at 1.19 in Q4 2022.
- A 5-year average of 1.72 and a median of 1.72 in 2024 frame the typical range for Payout Ratio.
- Across the five-year window, Payout Ratio declined 26.39% in 2023 and soared 56.41% in 2025, its largest moves.
- Over 5 years, Payout Ratio stood at 1.19 in 2022, then climbed by 23.04% to 1.46 in 2023, then rose by 18.5% to 1.73 in 2024, then advanced by 15.15% to 1.99 in 2025, then gained by 19.34% to 2.38 in 2026.
- The last three Payout Ratio figures came in at 2.38 (Q2 2026), 1.86 (Q1 2026), and 1.99 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.38 |
| Mar 31, 2026 | 1.86 |
| Dec 31, 2025 | 1.99 |
| Sep 30, 2025 | 2.48 |
| Jun 30, 2025 | 2.06 |
| Mar 31, 2025 | 1.72 |
| Dec 31, 2024 | 1.73 |
| Sep 30, 2024 | 1.73 |
| Jun 30, 2024 | 1.32 |
| Mar 31, 2024 | 1.63 |
| Dec 31, 2023 | 1.46 |
| Sep 30, 2023 | 1.76 |
| Jun 30, 2023 | 1.46 |
| Mar 31, 2023 | 1.46 |
| Dec 31, 2022 | 1.19 |
| Sep 30, 2022 | 1.39 |
| Jun 30, 2022 | 1.43 |
| Mar 31, 2022 | 1.98 |
| Dec 31, 2021 | 1.12 |