Ares Capital Q2 2023 Earnings Report

Ares Capital reported strong Q2 2023 financial results, marked by year-over-year growth in GAAP and Core earnings per share, driven by rising portfolio yields and increased investment activity.

Key Takeaways

Ares Capital Corporation announced its financial results for the second quarter ended June 30, 2023, reporting GAAP net income of $331 million, or $0.61 per share, and Core EPS of $0.58. The company declared a third quarter 2023 dividend of $0.48 per share.

GAAP net income was $331 million, or $0.61 per share.

Core EPS was $0.58.

The company declared a third quarter 2023 dividend of $0.48 per share.

New investment commitments of approximately $1.2 billion were made.