•
Dec 31, 2022

Ares Capital Q4 2022 Earnings Report

Ares Capital reported financial results for Q4 2022 and declared a first quarter 2023 dividend of $0.48 per share.

Key Takeaways

Ares Capital Corporation announced strong Q4 2022 results, with core EPS at $0.63 and GAAP net income per share at $0.34. The company declared a first quarter 2023 dividend of $0.48 per share. The company's portfolio investments at fair value reached $21.78 billion.

Ares Capital declared a first quarter 2023 dividend of $0.48 per share.

Core EPS for Q4 2022 was $0.63, compared to $0.58 in Q4 2021.

GAAP net income per share for Q4 2022 was $0.34, compared to $0.83 in Q4 2021.

Portfolio investments at fair value reached $21.78 billion as of December 31, 2022.

Total Revenue
$640M
Previous year: $529M
+21.0%
EPS
$0.63
Previous year: $0.58
+8.6%
Debt/Equity Ratio
1.29
Previous year: 1.26
+2.4%
Cash and Equivalents
$303M
Previous year: $372M
-18.5%
Total Assets
$22.4B
Previous year: $20.8B
+7.5%

Ares Capital

Ares Capital

Forward Guidance

Ares Capital believes they are well positioned to continue to generate attractive returns and dividends for shareholders given their healthy portfolio, experienced team and robust investment process.