Ares Capital (ARCC) Tax Rate (2021 - 2026)
Ares Capital's (ARCC) quarterly Tax Rate came in at 5.23% in Q2 2026, up 29.0% year-over-year from 4.05% in Q2 2025, and up 66.45% quarter-over-quarter from 3.14% in Q1 2026.
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Analysis
Ares Capital (ARCC) Tax Rate (2021 - 2026) Analysis & Trends
Ares Capital (ARCC) has reported Tax Rate for 6 consecutive years, with 5.23% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 29.0% year-over-year to 5.23% in Q2 2026; TTM through Jun 2026 was 6.35%, a 115.0% increase from a year earlier, with the FY2025 full-year figure at 6.47%, up 121.0% from the prior year.
- Tax Rate was 5.23% for Q2 2026 at Ares Capital, up from 3.14% 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 5.8% and a median of 5.59% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate slumped 991 bps in 2023 and surged 470 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 7.96% in 2022, then increased by 8 bps to 8.63% in 2023, then plunged by 37 bps to 5.41% in 2024, then soared by 78 bps to 9.6% in 2025, then plunged by 46 bps to 5.23% in 2026.
- The last three Tax Rate figures came in at 5.23% (Q2 2026), 3.14% (Q1 2026), and 9.6% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.74 Bn | - | 5.23% |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.37 Bn | - | 5.73% |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | 1.32% |
| 4 | Main Street Capital | 5.20 Bn | 5.15 Bn | - | - |
| 5 | Blue Owl Technology Finance | 4.94 Bn | 4.73 Bn | - | 1.39% |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 4.52% |
| 7 | FS KKR Capital | 3.33 Bn | 3.22 Bn | - | - |
| 8 | Golub Capital Bdc | 3.31 Bn | 3.26 Bn | - | - |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | -0.26% |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.23% |
| Mar 31, 2026 | 3.14% |
| Dec 31, 2025 | 9.60% |
| Sep 30, 2025 | 7.86% |
| Jun 30, 2025 | 4.94% |
| Mar 31, 2025 | 3.76% |
| Dec 31, 2024 | 5.41% |
| Sep 30, 2024 | 6.74% |
| Jun 30, 2024 | 5.78% |
| Mar 31, 2024 | 4.05% |
| Dec 31, 2023 | 8.63% |
| Sep 30, 2023 | 2.04% |
| Jun 30, 2023 | 3.35% |
| Mar 31, 2023 | 1.10% |
| Dec 31, 2022 | 7.96% |
| Sep 30, 2022 | 7.69% |
| Jun 30, 2022 | 6.02% |
| Mar 31, 2022 | 11.02% |
| Dec 31, 2021 | 5.52% |
| Sep 30, 2021 | 5.26% |