Ares Capital (ARCC) Retained Earnings (2021 - 2026)
Ares Capital's Retained Earnings came in at $531 million for Q2 2026, down 32.7% from $789 million a year earlier and down 24.7% from the prior quarter.
Ares Capital (ARCC) Retained Earnings (2021 - 2026) Analysis & Trends
At the end of FY2025, Ares Capital's Retained Earnings was $958 million, up 12.4% from FY2024.
- Retained Earnings carries a four-year compound annual growth rate of 32.1% (FY2021 to FY2025).
- Going back by year, Retained Earnings was $852 million in FY2024 (+84.4%), $462 million in FY2023, -$2 million in FY2022 and $315 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Retained Earnings since Q4 2023.
- Year-over-year, Retained Earnings increased in six of the last eight quarters, with growth averaging 31.9%.
- The fastest year-over-year change in Retained Earnings over five years came in Q2 2024 (growth of 702.5%), and the weakest in Q2 2026 (a decline of 32.7%).
- Business Quant data shows ARCC's Retained Earnings at $705 million (Q1 2026), $958 million (Q4 2025) and $851 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 651.00 Mn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 23.31 Bn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 2.46 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | -16.56 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | -1.13 Bn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 25.97 Bn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 1.66 Bn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | -13.21 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 531.00 Mn |
| 10 | Federal Home Loan Mortgage | 12.00 Bn | -6.74 Bn | - | -5.14 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 531.00 Mn |
| Mar 31, 2026 | 705.00 Mn |
| Dec 31, 2025 | 958.00 Mn |
| Sep 30, 2025 | 851.00 Mn |
| Jun 30, 2025 | 789.00 Mn |
| Mar 31, 2025 | 765.00 Mn |
| Dec 31, 2024 | 852.00 Mn |
| Sep 30, 2024 | 728.00 Mn |
| Jun 30, 2024 | 642.00 Mn |
| Mar 31, 2024 | 620.00 Mn |
| Dec 31, 2023 | 462.00 Mn |
| Sep 30, 2023 | 309.00 Mn |
| Jun 30, 2023 | 80.00 Mn |
| Mar 31, 2023 | 15.00 Mn |
| Dec 31, 2022 | -2.00 Mn |
| Sep 30, 2022 | 66.00 Mn |
| Dec 31, 2021 | 315.00 Mn |
Ares Capital Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=ARCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "ARCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=ARCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();