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Ares Capital Corp is a United States-based closed-ended specialty finance company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company focuses on investing primarily in first lien senior secured loans (including unitranche loans, which are loans that combine both senior and subordinated debt, generally in a first lien position) and second lien senior secured loans. In addition to senior secured loans, the company also invests in subordinated loans and preferred equity, it also makes common equity investments.
2004
n/a
LTM Revenue $3.0B
LTM EBITDA $3.6B
$27.5B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Ares Capital has a last 12-month revenue of $3.0B and a last 12-month EBITDA of $3.6B.
In the most recent fiscal year, Ares Capital achieved revenue of $1.7B and an EBITDA of n/a.
Ares Capital expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Ares Capital valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.7B | XXX | XXX | XXX |
| Gross Profit | n/a | n/a | XXX | XXX | XXX |
| Gross Margin | NaN% | NaN% | XXX | XXX | XXX |
| EBITDA | n/a | n/a | XXX | XXX | XXX |
| EBITDA Margin | NaN% | NaN% | XXX | XXX | XXX |
| Net Profit | $600M | $1.5B | XXX | XXX | XXX |
| Net Margin | 37% | 89% | XXX | XXX | XXX |
| Net Debt | $12.0B | $11.4B | XXX | XXX | XXX |
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As of April 15, 2025, Ares Capital's stock price is $20.
Ares Capital has current market cap of $13.7B, and EV of $27.5B.
See Ares Capital trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $27.5B | $13.7B | XXX | XXX | XXX | XXX | $2.28 |
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Sign UpAs of April 15, 2025, Ares Capital has market cap of $13.7B and EV of $27.5B.
Ares Capital's trades at 9.0x LTM EV/Revenue multiple, and 7.5x LTM EBITDA.
Analysts estimate Ares Capital's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Ares Capital and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $27.5B | XXX | XXX | XXX |
| EV/Revenue | 16.1x | XXX | XXX | XXX |
| EV/EBITDA | n/a | XXX | XXX | XXX |
| P/E | 9.0x | XXX | XXX | XXX |
| P/E/Growth | -19.5x | XXX | XXX | XXX |
| EV/FCF | -12.9x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpAres Capital's NTM/LTM revenue growth is 6%
Ares Capital's revenue per employee for the last fiscal year averaged $InfinityT, while opex per employee averaged $InfinityT for the same period.
Over next 12 months, Ares Capital's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Ares Capital's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Ares Capital and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | XXX | XXX | XXX |
| EBITDA Margin | n/a | XXX | XXX | XXX | XXX |
| EBITDA Growth | n/a | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | n/a | XXX | XXX | XXX | XXX |
| Revenue per Employee | $InfinityT | XXX | XXX | XXX | XXX |
| Opex per Employee | $InfinityT | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 3% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 7% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Investcorp Capital | XXX | XXX | XXX | XXX | XXX | XXX |
| Waha Capital | XXX | XXX | XXX | XXX | XXX | XXX |
| ASR Nederland | XXX | XXX | XXX | XXX | XXX | XXX |
| CVC Capital Partners | XXX | XXX | XXX | XXX | XXX | XXX |
| Eurocommercial Props | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Ares Capital acquired XXX companies to date.
Last acquisition by Ares Capital was XXXXXXXX, XXXXX XXXXX XXXXXX . Ares Capital acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Ares Capital founded? | Ares Capital was founded in 2004. |
| Where is Ares Capital headquartered? | Ares Capital is headquartered in United States of America. |
| Who is the CEO of Ares Capital? | Ares Capital's CEO is Mr. R. Kipp DeVeer. |
| Is Ares Capital publicy listed? | Yes, Ares Capital is a public company listed on NAS. |
| What is the stock symbol of Ares Capital? | Ares Capital trades under ARCC ticker. |
| When did Ares Capital go public? | Ares Capital went public in 2004. |
| Who are competitors of Ares Capital? | Similar companies to Ares Capital include e.g. Investcorp Capital, Waha Capital, ASR Nederland, CVC Capital Partners. |
| What is the current market cap of Ares Capital? | Ares Capital's current market cap is $13.7B |
| What is the current revenue of Ares Capital? | Ares Capital's last 12-month revenue is $3.0B. |
| What is the current EBITDA of Ares Capital? | Ares Capital's last 12-month EBITDA is $3.6B. |
| What is the current EV/Revenue multiple of Ares Capital? | Current revenue multiple of Ares Capital is 9.0x. |
| What is the current EV/EBITDA multiple of Ares Capital? | Current EBITDA multiple of Ares Capital is 7.5x. |
| What is the current revenue growth of Ares Capital? | Ares Capital revenue growth between 2023 and 2024 was 4%. |
| Is Ares Capital profitable? | Yes, Ares Capital is EBITDA-positive (as of the last 12 months). |
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