
ARCC · NASDAQ
Ares Capital Corporation
$18.65 -0.15 (-0.80%)
Company overview
Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also provides growth capital and general refinancing. The company prefers to invest in basic and growth manufacturing, business services, consumer products, healthcare products and services, and information technology service sectors, and also considers restaurants, retail, oil and gas, and technology sectors. It focuses on investments in the Northeast, Mid-Atlantic, Southeast, and Southwest regions from its New York office, the Midwest from Chicago, and the Western region from Los Angeles. The fund typically invests between $20 million and $200 million, with a maximum of $400 million, in companies with EBITDA between $10 million and $250 million.
- Sector
- Financial Services
- Industry
- Asset Management
- Exchange
- NASDAQ
- Market cap
- $13.4B
- Employees
- 1,200
- Headquarters
- Los Angeles, CA
- Website
- arescapitalcorp.com
- CEO
- Kort Schnabel
- Listed
- October 5, 2004
- P/E
- 11.44
- Dividend yield
- 9.91%
Company financials
- Revenue
- $2.6B
- Gross profit
- $1.9B
- Operating income
- $1.7B
- EBITDA
- $2B
- Net income
- $1.2B
- EPS
- $1.63
- Total assets
- $30.7B
- Total debt
- $15.8B
- Gross margin
- 70.82%
- Net margin
- 43.69%
- Earnings yield
- 8.74%