TTM
$1.74B
YoY change
+37.4%
5Y CAGR
+34.2%
Peak year (2025)
$2.19B
Cumulative operating income
$14.34B
Operating Income history chart for Ares Capital (ARCC) from 2004 to 2025
Latest: $2.19B
Operating Income growth chart for Ares Capital (ARCC) from 2004 to 2025
Latest: +37.4%
Operating Income history table for Ares Capital (ARCC) from 2004 to 2025
| 2025 | $2.19B | +37.4% | +$596.00M | ||
| 2024 | $1.59B | +3.4% | +$53.00M | ||
| 2023 | $1.54B | +135.4% | +$887.00M | ||
| 2022 | $655.00M | -59.0% | −$941.00M | ||
| 2021 | $1.60B | +217.3% | +$1.09B | ||
| 2020 | $503.00M | -37.8% | −$306.00M | ||
| 2019 | $809.00M | -7.8% | −$68.00M | ||
| 2018 | $877.00M | +27.8% | +$191.00M | ||
| 2017 | $686.00M | +38.6% | +$191.00M | ||
| 2016 | $495.00M | +24.7% | +$98.00M | ||
| 2015 | $397.00M | -34.8% | −$212.00M | ||
| 2014 | $609.00M | +21.2% | +$106.37M | ||
| 2013 | $502.63M | -3.2% | −$16.72M | ||
| 2012 | $519.35M | +79.2% | +$229.47M | ||
| 2011 | $289.88M | +31.0% | +$68.67M | ||
| 2010 | $221.21M | +65.1% | +$87.23M | ||
| 2009 | $133.98M | +5.3% | +$6.74M | ||
| 2008 | $127.24M | +35.2% | +$33.12M | ||
| 2007 | $94.12M | +52.9% | +$32.56M | ||
| 2006 | $61.56M | +127.0% | +$34.44M | ||
| 2005 | $27.12M | +899.0% | +$24.41M | ||
| 2004 | $2.72M | — | — |
- 2025$2.19B+37.4%
- 2024$1.59B+3.4%
- 2023$1.54B+135.4%
- 2022$655.00M-59.0%
- 2021$1.60B+217.3%
- 2020$503.00M-37.8%
- 2019$809.00M-7.8%
- 2018$877.00M+27.8%
- 2017$686.00M+38.6%
- 2016$495.00M+24.7%
- 2015$397.00M-34.8%
- 2014$609.00M+21.2%
- 2013$502.63M-3.2%
- 2012$519.35M+79.2%
- 2011$289.88M+31.0%
- 2010$221.21M+65.1%
- 2009$133.98M+5.3%
- 2008$127.24M+35.2%
- 2007$94.12M+52.9%
- 2006$61.56M+127.0%
- 2005$27.12M+899.0%
- 2004$2.72M—
Operating Income values are taken from Ares Capital's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at Ares Capital (ARCC)
According to Ares Capital's latest reported financial statements, the company's current operating income (TTM) is $1.74B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Ares Capital (ARCC) operating income is $2.19B – surged 37.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Ares Capital operating income compounded at +34.2% per year, sustaining 3 straight years of year-over-year growth.
The record annual operating income stands at $2.19B, reached in 2025; the historical low of $2.72M was recorded in 2004.
Ares Capital Operating Income by Year
Ares Capital Operating Income 2025: $2.19B
In 2025, Ares Capital reported operating income of $2.19B, surged 37.4% from 2024. This figure represents the highest annual value in the available history.
Ares Capital Operating Income 2024: $1.59B
Ares Capital operating income in 2024 was $1.59B, edged up 3.4% from 2023.
Ares Capital Operating Income 2023: $1.54B
2023's operating income for Ares Capital came in at $1.54B, surged 135.4% from 2022.
Ares Capital Operating Income 2022: $655.00M
Ares Capital posted operating income of $655.00M in 2022, plunged 59.0% below 2021.
Ares Capital Operating Income 2021: $1.60B
Ares Capital operating income in 2021 was $1.60B.
See more financial history for Ares Capital (ARCC).
Sector peers by Operating Income
Financial Services peers of Ares Capital (ARCC), ranked by their latest operating income
| $72.59B | |
| $58.88B | |
| $37.70B | |
| $25.20B | |
| $23.99B | |
| $21.95B | |
| $21.85B | |
| $19.40B |
- $72.59B
- $58.88B
- $37.70B
- $25.20B
- $23.99B
- $21.95B
- $21.85B
- $19.40B
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