Ares Capital ( (ARCC) ) has released its Q1 earnings. Here is a breakdown of the information Ares Capital presented to its investors.
Ares Capital Corporation is a leading specialty finance company that focuses on providing direct loans and other investments to private middle-market companies in the United States, aiming to generate attractive income and potential capital appreciation for investors. The company operates as a business development company and is externally managed by a subsidiary of Ares Management Corporation.
In its latest earnings report for the first quarter of 2025, Ares Capital announced a dividend of $0.48 per share for the second quarter, reflecting its ongoing commitment to returning value to shareholders. The company reported a GAAP net income of $0.36 per share, a decrease from $0.76 per share in the same quarter last year, and a Core EPS of $0.50, down from $0.59.
Key financial highlights include net investment income of $365 million, up from $325 million in the previous year, and total assets amounting to $28.3 billion. The company made new investment commitments of approximately $3.5 billion during the quarter, with a significant portion in first lien senior secured loans. Despite net realized and unrealized losses, Ares Capital maintains a strong portfolio with a stable credit quality.
Looking forward, Ares Capital’s management remains optimistic about its financial flexibility and strategic positioning. The company emphasizes its scale, experience, and disciplined approach as key factors in continuing to deliver value to stockholders, even amidst market uncertainties.