Ares Capital (ARCC) Tax Rate (2021 - 2026)
Ares Capital's (ARCC) quarterly Tax Rate came in at 3.24% in Q1 2026, down 52.0% year-on-year from 6.76% in Q1 2025, and down 69.48% on a QoQ basis from 10.62% in Q4 2025.
Ares Capital (ARCC) Tax Rate (2021 - 2026) Analysis & Trends
Ares Capital (ARCC) has 6 years of Tax Rate data on file, last reported at 3.24% in Q1 2026.
- On a quarterly basis, Tax Rate fell 52.0% year-over-year to 3.24% in Q1 2026; TTM through Mar 2026 was 6.69%, a 99.0% increase from a year earlier, with the FY2025 full-year figure at 6.91%, up 137.0% from the prior year.
- Tax Rate for Q1 2026 stood at 3.24%, down from 10.62% in the prior quarter.
- Over the last five years, Tax Rate for ARCC reached as high as 14.77% in Q1 2022 and fell as low as 1.16% in Q1 2023.
- Historically, Tax Rate has averaged 6.25% across 5 years, with a median of 6.21% in 2024.
- Across the five-year window, Tax Rate sank 1362 bps in 2023 and jumped 466 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 8.65% in 2022, then decreased by 20 bps to 6.91% in 2023, then declined by 10 bps to 6.21% in 2024, then soared by 71 bps to 10.62% in 2025, then plunged by 69 bps to 3.24% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 3.24% in Q1 2026, 10.62% in Q4 2025, and 8.53% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -1.22% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 18.16% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 13.55% |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 598.59% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 21.16% |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 20.02% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 24.99% |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 25.99% |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 23.43% |
| 10 | Ares Capital | 13.36 Bn | 12.86 Bn | - | 3.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.24% |
| Mar 31, 2026 | 3.24% |
| Mar 31, 2026 | 3.24% |
| Dec 31, 2025 | 10.63% |
| Dec 31, 2025 | 10.63% |
| Dec 31, 2025 | 10.63% |
| Sep 30, 2025 | 8.53% |
| Sep 30, 2025 | 8.53% |
| Sep 30, 2025 | 8.53% |
| Jun 30, 2025 | 5.19% |
| Jun 30, 2025 | 5.19% |
| Jun 30, 2025 | 5.19% |
| Mar 31, 2025 | 3.76% |
| Mar 31, 2025 | 3.76% |
| Mar 31, 2025 | 3.76% |
| Dec 31, 2024 | 6.21% |
| Dec 31, 2024 | 6.21% |
| Dec 31, 2024 | 6.21% |
| Sep 30, 2024 | 6.74% |
| Sep 30, 2024 | 6.74% |