Ares Capital (ARCC) Financial Ratios: P/E, ROE & More

Ares Capital (ARCC) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), Ares Capital had a P/E ratio of 11.15 (up from 9.29), return on equity of 9.4% (down from 12.4%), debt-to-equity of 1.12 (up from 1.03) and a current ratio of 0.56 (up from 0.51). A current ratio of 0.56 means current liabilities exceed current assets. Its dividend yield was 9.52% with a payout ratio of 97.3%.

Ares Capital Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Valuation Ratios
P/E Ratio	11.15	9.29	7.49	15.93	6.23	14.75
Forward P/E	10.32	9.80	8.52	8.37	11.53	10.32
P/S Ratio	4.74	4.73	4.36	4.56	5.36	4.72
P/B Ratio	1.01	1.06	1.02	1.00	1.10	0.99
Price/Tangible Book	1.01	1.06	1.02	1.00	1.10	0.99
Price/OCF	-	-	22.32	-	-	-
PEG Ratio	3.40	3.40	3.40	3.40	3.40	3.40
Enterprise Value Ratios
EV/Revenue	9.50	9.11	8.60	10.15	10.24	9.69
EV/EBIT	12.88	12.43	12.03	13.29	16.32	12.96
Profitability & Returns
Return on Equity (ROE)	9.39%	12.40%	14.67%	6.51%	19.53%	6.61%
Return on Assets (ROA)	4.73%	5.26%	5.05%	4.63%	3.85%	4.54%
Return on Invested Capital (ROIC)	7.45%	8.49%	8.00%	7.11%	6.38%	4.65%
Return on Capital Employed (ROCE)	7.90%	8.60%	8.50%	7.60%	5.70%	7.10%
Leverage & Solvency Ratios
Debt/Equity	1.12	1.03	1.07	1.29	1.26	1.20
Debt/EBITDA	-	-	-	7.72	9.76	7.60
Liquidity Ratios
Current Ratio	0.56	0.51	0.44	0.42	0.98	1.46
Quick Ratio	0.46	0.42	0.43	0.40	0.82	1.27
Efficiency Ratios
Asset Turnover	0.10	0.12	0.11	0.10	0.10	0.10
Yield & Distribution Ratios
Earnings Yield	8.97%	10.76%	13.34%	6.28%	16.05%	6.78%
Dividend Yield	9.52%	9.12%	9.80%	9.50%	7.77%	15.04%
Payout Ratio	97.31%	74.84%	67.74%	152.00%	44.29%	140.29%
Buyback Yield	-12.02%	-8.52%	-11.00%	-16.14%	-5.19%	0.70%
Total Return	-2.50%	0.60%	-1.21%	-6.64%	2.58%	15.75%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Ares Capital Financial Ratios

What is Ares Capital's P/E ratio?

Ares Capital's P/E ratio was 11.15 for fiscal 2025 (period ended Dec 31, 2025). It was 9.29 a year earlier.

What is Ares Capital's return on equity?

Ares Capital's return on equity (ROE) was 9.4% for fiscal 2025 (period ended Dec 31, 2025). It was 12.4% a year earlier.

What is Ares Capital's debt-to-equity ratio?

Ares Capital's debt-to-equity ratio was 1.12 for fiscal 2025 (period ended Dec 31, 2025). It was 1.03 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition