The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net increase in stockholders' equity resulting from operations | 1,299 | 1,522 | 1,522 | 600 |
| Net realized losses on investments, foreign currency and other transactions | -20 | -55 | -179 | - |
| Net unrealized (gains) losses on investments, foreign currency and other transactions | -96 | 188 | 435 | - |
| Realized loss on extinguishment of debt | 0 | -14 | 0 | -48 |
| Net gain on interest rate swaps accounted for as hedge instruments and the related hedged items | 1 | - | - | - |
| Net accretion of discount on investments | 17 | 17 | 18 | 13 |
| Pik interest | 219 | 206 | 166 | - |
| Operating lease right-of-use asset | - | - | 10 | 7 |
| Collections of pik interest | 131 | 109 | 48 | 30 |
| Income based fee payable | - | 1 | 9 | 14 |
| Pik dividends | 268 | 257 | 198 | - |
| Collections of pik dividends | 149 | 33 | 11 | 71 |
| Amortization of debt issuance costs | 34 | 33 | 31 | 30 |
| Net amortization of discount/premium on notes payable | 0 | -6 | -5 | -4 |
| Proceeds from sales and repayments of investments and other transactions | 11,216 | 9,212 | 5,315 | - |
| Purchases of investments | 14,075 | 12,622 | 5,804 | - |
| Interest receivable | 2 | 45 | 60 | 34 |
| Receivable from participants | - | - | 0 | 0 |
| Other assets | 35 | -5 | 18 | -58 |
| Base management fee payable | 11 | 16 | 5 | - |
| Capital gains incentive fee payable | -2 | - | - | - |
| Capital gains incentive fee payable | -23 | 17 | 53 | - |
| Interest and facility fees payable | 23 | 38 | 27 | 5 |
| Payable to participants | -32 | 134 | -5 | -80 |
| Interest rate swap collateral payable | 93 | - | - | - |
| Accounts payable and other liabilities | -115 | 24 | 24 | 11 |
| Operating lease liabilities | - | - | -14 | -12 |
| Net cash provided by (used in) operating activities | -1,717 | -2,128 | 511 | -1,359 |
| Borrowings on debt | 12,534 | 13,238 | 5,215 | 7,950 |
| Repayments and repurchases of debt | 10,340 | 10,968 | 5,558 | 6,818 |
| Debt issuance costs | 45 | 59 | 20 | 16 |
| Repayment of 2024 convertible notes | 0 | 10 | - | - |
| Net proceeds from issuance of common stock | 928 | 1,364 | 1,155 | 1,001 |
| Dividends paid | 1,264 | 1,139 | 1,031 | 912 |
| Repurchases of common stock | - | - | - | 0 |
| Secured borrowings, net | -32 | -2 | -45 | 5 |
| Net cash provided by (used in) financing activities | 1,781 | 2,424 | -284 | 1,210 |
| Change in cash, cash equivalents and restricted cash | 64 | 296 | 227 | -149 |
| Cash and cash equivalents at beginning of period | 860 | 564 | 337 | 486 |
| Cash and cash equivalents at end of period | 924 | 860 | 564 | 337 |
ARES CAPITAL CORP (ARCC)
ARES CAPITAL CORP (ARCC)