Operating Income for Ares Capital (ARCC)
According to Ares Capital's latest reported financial statements, the company's current operating income (TTM) is $1.74B USD. 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 .
ARCC
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$1.74B
YoY change
+37.4%
5Y CAGR
+34.2%
Peak year (2025)
$2.19B
Cumulative operating income
$13.93B
Operating Income history chart for Ares Capital (ARCC) from 2004 to 2025
Operating Income history table for Ares Capital (ARCC) from 2004 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 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 (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
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 dataset's maximum operating income sits at $2.19B (2025); the minimum reading of $2.72M dates to 2004.
Ares Capital (ARCC) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $24.60B.
Ares Capital Operating Income by Year
Ares Capital Operating Income 2025: $2.19B
Ares Capital operating income in 2025 was $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
Ares Capital operating income in 2023 was $1.54B, surged 135.4% from 2022.
Ares Capital Operating Income 2022: $655.00M
Ares Capital operating income in 2022 was $655.00M, 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 — Operating Income
Companies in the same sector as Ares Capital, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $59.54B | Financial Services |
| Bank of America Corporation (BAC) | $37.70B | Financial Services |
| Wells Fargo & Company (WFC) | $25.20B | Financial Services |
| Visa Inc. (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $21.85B | Financial Services |
| Mastercard Incorporated (MA) | $19.40B | Financial Services |
Frequently asked questions
What is Ares Capital's operating income?
- Latest reported operating income for Ares Capital (ARCC) is $1.74B (period ending March 31, 2026).
How has Ares Capital operating income changed year-over-year?
- Ares Capital (ARCC) operating income changed +37.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Ares Capital operating income?
- Ares Capital (ARCC) operating income compound annual growth rate is +34.2% over the most recent 5 years available.
When did Ares Capital operating income hit its highest annual value?
- Ares Capital operating income reached its highest annual value of $2.19B in 2025.
What was Ares Capital operating income in 2024?
- Ares Capital (ARCC) operating income in 2024 was $1.59B.
What was Ares Capital operating income in 2025?
- Ares Capital (ARCC) operating income in 2025 was $2.19B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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