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
DateValue
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%