Industry Distribution:

• Financial Services: 60%
• Healthcare: 15%
• Technology: 10%
• Consumer Goods: 8%
• Industrial: 7%

TOP 3 Markets:

• USA: 70%
• Europe: 20%
• Asia: 10%

Ares Capital Corporation (ARCC) generates the majority of its revenue from the financial services sector, as the company is primarily involved in providing capital to medium-sized businesses. The US market is the dominant market for ARCC, attributed to its strong presence and extensive investments in North American companies.

Europe and Asia follow as important markets, with the European market gaining significance through strategic partnerships and investments in high-growth sectors such as healthcare and technology.

Production: No physical production

Ares Capital Corporation (ARCC) is a financial services company that focuses on providing debt and equity financing to middle-market companies. As a Business Development Company (BDC), ARCC does not produce physical products. Instead, the company offers financial solutions and investment services. The "production" in the context of ARCC refers to the structuring and provision of financing products developed in its offices and by its investment teams.

Dividend Yield: 9.5% (estimated 2025)
Current Portfolio: Over 450 companies (2025)

Ares Capital Corporation (ARCC) pursues a growth strategy focusing on diversifying its investment portfolio and increasing profitability. The company mainly invests in middle-market companies to achieve stable and attractive returns.

A key part of the strategy is increasing the number and diversity of portfolio companies, which reduces risk and expands sources of income. ARCC places particular emphasis on sectors with stable cash flows and growth potential, such as healthcare, technology, and services.

Furthermore, ARCC aims to unlock new market opportunities through strategic partnerships and acquisitions. This allows the company to expand its market presence and benefit from synergies resulting from integrating new companies.

Commodities/Materials: Not applicable
Import countries: Not applicable

Ares Capital Corporation (ARCC) is a Business Development Company (BDC) and not a manufacturing company. Therefore, it does not import any commodities or materials. ARCC mainly invests in middle-market companies and provides them with capital in the form of debt and equity financing.

The main activities of ARCC include providing financing solutions, not trading or processing commodities.

Net Asset Value (NAV) per Share: $19.50 (2025, estimated)
Dividend Yield: 9.5% (2025, estimated)
Market Capitalization: $10 billion (2025, estimated)

Ares Capital Corporation (ARCC) is one of the largest Business Development Companies (BDCs) in the USA. Its competitive advantage lies in its size, diversified portfolio, and ability to raise capital at attractive terms.

A key advantage of ARCC is its strong balance sheet and the ability to pay out high dividends, making it attractive to income-oriented investors. Additionally, ARCC benefits from an experienced management team and an established market presence, enabling it to identify and capitalize on attractive investment opportunities.

ARCC's competitive advantage is further strengthened by its strong market position and ability to remain stable in various economic cycles. This is supported by the continuous adjustment of its investment strategy and risk management.

Institutional Investor Share: 32% (2025, estimated) Insider Buys/Sells: No significant transactions in the last quarter (2025, estimated)

The institutional investor share in Ares Capital Corporation is approximately 32%. This suggests that a significant portion of the shares are held by large institutional investors, which is often seen as a sign of confidence in the company's stability and growth potential.

There were no significant insider transactions in the last quarter, indicating that the management does not currently expect major changes in the company's valuation. Such transactions are often used as an indicator of the management's assessment of the company's value.

Market share of Ares Capital Corporation (ARCC): Estimate: approx. 5% in the Business Development Companies (BDCs) sector (2025)

Top competitors and their market shares:

1. Apollo Investment Corporation: approx. 4%
2. Main Street Capital Corporation: approx. 3.5%
3. Prospect Capital Corporation: approx. 3%
4. Golub Capital BDC: approx. 2.5%
5. FS KKR Capital Corp.: approx. 2%

Moat of Ares Capital Corporation:

Ares Capital Corporation has a significant moat, primarily characterized by its size and portfolio diversification. As one of the largest BDCs, ARCC benefits from economies of scale and broad risk diversification, which is advantageous in economically uncertain times.

Compared to its competitors, ARCC has an advantage due to its strong market position and the ability to execute larger deals. This enables the company to achieve attractive terms in lending and investments.

However, some competitors, like Main Street Capital, have a strong focus on the middle market, which can provide them with a competitive advantage in certain segments. This could be considered as a specific moat in niche markets.

Overall, Ares Capital Corporation has a solid moat supported by its size and diversification, but there are also specialized competitors that are competitive in certain areas.

Revenue growth: Estimated at 8% (2024) Net asset growth: Estimated at 6% (2024) Dividend yield: 9% (2024)

Ares Capital Corporation (ARCC) is one of the largest Business Development Companies (BDCs) specializing in providing financing solutions for medium-sized companies. ARCC's strength lies in its diversified portfolio and its ability to generate stable income, reflected in an attractive dividend yield of around 9%.

In recent years, the company has demonstrated solid revenue and net asset growth, indicating an effective management strategy and a strong market position. ARCC benefits from an experienced management team and a broad network that enables them to identify and capitalize on high-quality investment opportunities.

Given the stable financial performance and high dividend yield, ARCC could be an attractive investment opportunity for investors seeking regular income and some level of capital growth. However, it is important to consider the risks associated with BDCs, such as credit risks and interest rate risks.

Dividend Yield: 9.5% (estimated for 2025)
Dividend History: Continuous quarterly payouts for several years

Ares Capital Corporation is known for its reliable dividend payments. The company has a long history of quarterly distributions, making it an attractive choice for income investors. The estimated dividend yield of 9.5% for 2025 indicates an attractive payout compared to many other companies.

The reliability of Ares Capital's dividend payments is supported by its stable earnings power and diversified portfolio. Additionally, the company has proven in the past that it is able to pay dividends even in economically challenging times. Analysts believe that Ares Capital will continue to be able to distribute stable dividends as long as no significant negative economic developments occur.