Financials [ 6/12 ] | Capital Markets [ 33/74 ]
NASDAQ | Common Stock
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 makes growth capital and general refinancing.
It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors.
The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors.
It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office.
The fund typically invests between 20 million and 200 million and a maximum of 400 million in companies with an EBITDA between 10 million and 250 million.
It makes debt investments between 10 million and 100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity.
The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions.
The fund prefers to be an agent and/or lead the transactions in which it invests.
The fund also seeks board representation in its portfolio companies.
| Reported date | EPSChange YoY | EstimateSurprise |
|---|---|---|
| Oct 30, 24 | 0.58 Decreased by -1.69% | 0.60 Decreased by -3.33% |
| Jul 30, 24 | 0.61 Increased by +5.17% | 0.58 Increased by +5.17% |
| May 1, 24 | 0.59 Increased by +3.51% | 0.60 Decreased by -1.67% |
| Feb 7, 24 | 0.63 Increased by 0.00% | 0.60 Increased by +5.00% |
| Oct 24, 23 | 0.59 Increased by +18.00% | 0.58 Increased by +1.72% |
| Jul 25, 23 | 0.58 Increased by +26.09% | 0.57 Increased by +1.75% |
| Apr 25, 23 | 0.57 Increased by +35.71% | 0.59 Decreased by -3.39% |
| Feb 7, 23 | 0.63 Increased by +8.62% | 0.56 Increased by +12.50% |
| Fiscal ending date | RevenueChange YoY | IncomeChange YoY | ProfitChange YoY |
|---|---|---|---|
| Sep 30, 24 | 751.00 M Increased by +42.23% | 394.00 M Decreased by -21.20% | Increased by +52.46% Decreased by -44.60% |
| Jun 30, 24 | 767.00 M Increased by +112.47% | 322.00 M Decreased by -2.72% | Increased by +41.98% Decreased by -54.21% |
| Mar 31, 24 | 495.00 M Increased by +63.91% | 449.00 M Increased by +61.51% | Increased by +90.71% Decreased by -1.46% |
| Dec 31, 23 | 444.00 M Increased by +120.90% | 413.00 M Increased by +137.36% | Increased by +93.02% Increased by +7.45% |
| Sep 30, 23 | 528.00 M Increased by +266.67% | 500.00 M Increased by +380.77% | Increased by +94.70% Increased by +31.12% |
| Jun 30, 23 | 361.00 M Increased by +179.84% | 331.00 M Increased by +198.20% | Increased by +91.69% Increased by +6.56% |
| Mar 31, 23 | 302.00 M Increased by +7.09% | 278.00 M Increased by +31.75% | Increased by +92.05% Increased by +23.03% |
| Dec 31, 22 | 201.00 M Decreased by -49.75% | 174.00 M Decreased by -54.45% | Increased by +86.57% Decreased by -9.35% |