Ares Capital (ARCC) Tax Rate (2021 - 2026)
Ares Capital (ARCC) reported Tax Rate of 3.14% for Q1 2026, down 62.0% year-over-year from 8.27% in Q1 2025, and down 67.29% quarter-over-quarter from 9.6% 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 3.14% in Q1 2026.
- Tax Rate for Q1 2026 came in at 3.14%, down 62.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.27% (up 84.0% YoY), and the FY2025 annual result was 6.47%, up 121.0% from the prior year.
- Tax Rate slipped to 3.14% in Q1 2026 per ARCC's latest filing, from 9.6% in the prior quarter.
- Over five years, Tax Rate peaked at 11.02% in Q1 2022 and troughed at 1.1% in Q1 2023.
- A 5-year average of 5.83% and a median of 5.78% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate sank 991 bps in 2023, then soared 470 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 7.96% in 2022, then rose by 8 bps to 8.63% in 2023, then tumbled by 37 bps to 5.41% in 2024, then jumped by 78 bps to 9.6% in 2025, then sank by 67 bps to 3.14% in 2026.
- Business Quant data shows ARCC's Tax Rate at 3.14% in Q1 2026, 9.6% in Q4 2025, and 7.86% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 160.20 Bn | 150.57 Bn | - | 18.16% |
| 2 | Blackstone | 96.40 Bn | 95.35 Bn | - | 13.55% |
| 3 | Kkr | 85.87 Bn | 133.39 Bn | - | 40.05% |
| 4 | Apollo Global Management | 79.90 Bn | 98.63 Bn | 5.04 Bn | 598.59% |
| 5 | State Street | 46.62 Bn | 20.95 Bn | - | 21.16% |
| 6 | Ameriprise Financial | 42.78 Bn | 42.65 Bn | 4.57 Bn | 20.02% |
| 7 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 24.99% |
| 8 | Ares Management | 30.25 Bn | 33.62 Bn | - | 19.13% |
| 9 | Raymond James Financial | 30.24 Bn | 18.99 Bn | - | - |
| 10 | Ares Capital | 13.82 Bn | 11.07 Bn | - | 3.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.14% |
| Mar 31, 2026 | 3.14% |
| Dec 31, 2025 | 9.60% |
| Dec 31, 2025 | 9.60% |
| Sep 30, 2025 | 7.86% |
| Sep 30, 2025 | 7.86% |
| Jun 30, 2025 | 4.94% |
| Jun 30, 2025 | 4.94% |
| Mar 31, 2025 | 3.76% |
| Mar 31, 2025 | 3.76% |
| Dec 31, 2024 | 5.41% |
| Dec 31, 2024 | 5.41% |
| Sep 30, 2024 | 6.74% |
| Sep 30, 2024 | 6.74% |
| Jun 30, 2024 | 5.78% |
| Jun 30, 2024 | 5.78% |
| Mar 31, 2024 | 4.05% |
| Mar 31, 2024 | 4.05% |
| Dec 31, 2023 | 8.63% |
| Dec 31, 2023 | 8.63% |