Ares Capital Corporation Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2,085M
181.38%
-449M
2,085M
42M
42M
0M
1,286M
514M
1,286M
29M
1,266M
111.00%
42M
1,383M
1,286M
0M
1,286M
741M
-55.84%
467M
274M
86M
38M
0M
1,110M
455M
655M
55M
600M
-61.71%
134M
1,063M
1,062M
0M
1,110M
1,678M
210.17%
654M
1,678M
82M
39M
0M
1,596M
372M
1,596M
29M
1,567M
223.76%
82M
875M
1,625M
0M
1,596M
541M
-34.34%
356M
541M
38M
38M
0M
503M
317M
503M
19M
484M
-38.97%
38M
842M
526M
0M
503M
824M
-6.26%
686M
824M
15M
45M
0M
809M
291M
809M
16M
793M
-7.58%
15M
889M
809M
0M
809M
879M
17.36%
622M
879M
2M
42M
0M
1,117M
240M
877M
19M
858M
28.64%
2M
801M
1,117M
0M
1,117M
749M
35.93%
571M
749M
63M
89M
0M
911M
225M
686M
19M
667M
40.72%
63M
726M
912M
1M
911M
551M
22.26%
441M
551M
56M
56M
0M
681M
186M
495M
21M
474M
25.17%
56M
620M
682M
0M
681M
451M
-30.71%
456M
451M
54M
44M
0M
623M
227M
396M
18M
379M
-35.92%
54M
0M
624M
0M
623M
650M
20.15%
492M
650M
41M
41M
0M
825M
216M
609M
0M
591M
20.97%
41M
0M
826M
0M
825M
541M
-2.25%
399M
541M
39M
39M
0M
674M
171M
503M
0M
489M
-3.87%
39M
0M
675M
0M
674M
554M
44.08%
356M
554M
34M
32M
0M
662M
143M
519M
0M
508M
59.08%
34M
0M
663M
0M
662M
384M
-48.56%
184M
200M
57M
38M
0M
290M
123M
327M
0M
319M
-53.83%
222M
0M
450M
0M
449M
747M
134.48%
129M
618M
50M
54M
0M
221M
79M
697M
0M
692M
-232.66%
183M
0M
777M
0M
777M
319M
32.53%
64M
255M
84M
84M
0M
134M
24M
61M
0M
-521M
273.95%
87M
0M
228M
0M
228M
240M
74.62%
62M
178M
113M
1M
0M
127M
37M
127M
0M
-139M
-209.19%
77M
0M
-102M
0M
-103M
138M
37.85%
84M
138M
11M
10M
0M
94M
37M
127M
0M
128M
44.68%
95M
0M
127M
0M
127M
100M
138.70%
52M
100M
7M
6M
0M
62M
19M
93M
0M
88M
110.94%
58M
0M
93M
0M
93M
42M
855.31%
10M
42M
15M
1M
0M
27M
15M
42M
0M
42M
1,211.75%
15M
0M
42M
0M
27M
4M
-
1M
4M
2M
1M
0M
3M
1M
3M
0M
3M
1,211.75%
2M
0M
3M
0M
3M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
444M
120.90%
190M
254M
22M
9M
0M
422M
144M
422M
9M
413M
137.36%
22M
377M
422M
0M
-935M
528M
266.67%
210M
318M
25M
12M
0M
292M
132M
503M
3M
500M
380.77%
12M
363M
292M
0M
729M
361M
179.84%
-136M
497M
24M
11M
0M
320M
128M
337M
6M
331M
198.20%
11M
348M
320M
0M
781M
302M
7.09%
152M
150M
22M
10M
0M
407M
127M
280M
2M
278M
31.75%
22M
343M
407M
0M
866M
201M
-49.75%
125M
76M
9M
9M
0M
333M
141M
192M
18M
174M
-54.45%
22M
328M
320M
26M
333M
144M
-58.86%
107M
37M
26M
11M
0M
223M
105M
118M
14M
104M
-68.86%
26M
280M
223M
19M
645M
129M
-74.10%
0M
129M
8M
8M
0M
222M
101M
121M
10M
111M
-76.78%
8M
218M
222M
12M
222M
282M
-34.42%
0M
282M
58M
10M
0M
317M
93M
224M
13M
211M
-43.43%
58M
217M
317M
7M
211M
400M
1.52%
0M
400M
10M
10M
0M
495M
105M
390M
8M
382M
1.06%
10M
231M
495M
29M
495M
350M
-23.08%
0M
350M
11M
11M
0M
433M
94M
339M
5M
334M
-24.26%
11M
223M
433M
19M
189M
498M
70.55%
0M
498M
9M
9M
0M
576M
87M
489M
11M
478M
72.56%
9M
218M
576M
10M
576M
430M
40.98%
0M
430M
52M
9M
0M
464M
86M
378M
5M
373M
-160.95%
52M
203M
464M
6M
149M
394M
82.41%
-170M
394M
9M
9M
0M
467M
82M
385M
7M
378M
85.29%
9M
212M
467M
0M
-103M
455M
151.38%
0M
455M
10M
10M
0M
522M
77M
445M
4M
441M
152.00%
10M
203M
522M
0M
445M
292M
41.06%
170M
292M
10M
10M
0M
358M
76M
282M
5M
277M
38.50%
10M
211M
358M
0M
394M
305M
38.64%
123M
305M
9M
9M
0M
-527M
82M
-609M
3M
-612M
-385.98%
9M
216M
-527M
0M
-609M
216M
40.26%
184M
216M
9M
9M
0M
286M
79M
207M
3M
204M
33.33%
9M
217M
286M
0M
207M
181M
-15.02%
169M
181M
1M
11M
0M
256M
76M
180M
5M
175M
-16.27%
1M
223M
256M
0M
180M
207M
-20.69%
167M
207M
3M
13M
0M
273M
69M
204M
4M
200M
-21.26%
3M
227M
273M
0M
204M
220M
-12.35%
166M
220M
2M
12M
0M
285M
67M
218M
4M
214M
-11.57%
2M
222M
285M
0M
218M
154M
-36.10%
141M
154M
-1M
9M
0M
215M
60M
155M
0M
153M
-34.05%
1M
0M
215M
0M
155M
213M
43.92%
153M
213M
-2M
8M
0M
274M
59M
215M
0M
209M
50.36%
2M
0M
274M
0M
215M
261M
28.57%
164M
261M
1M
11M
0M
321M
61M
260M
0M
254M
42.70%
1M
0M
321M
0M
260M
251M
59.87%
164M
251M
4M
14M
0M
307M
60M
247M
0M
242M
105.08%
4M
0M
307M
0M
247M
241M
145.92%
158M
241M
4M
14M
0M
296M
59M
237M
0M
232M
209.33%
4M
0M
296M
0M
237M
148M
17.06%
132M
148M
4M
14M
0M
200M
56M
144M
0M
139M
26.09%
4M
0M
200M
1M
130M
203M
13.87%
139M
203M
18M
24M
0M
240M
55M
185M
0M
178M
13.09%
18M
0M
240M
0M
185M
157M
5.39%
142M
157M
37M
37M
0M
175M
55M
120M
0M
118M
-10.29%
37M
0M
175M
0M
120M
98M
129.50%
99M
98M
15M
15M
0M
130M
47M
83M
0M
75M
409.75%
15M
0M
131M
0M
130M
126M
-1.39%
105M
126M
13M
13M
0M
157M
43M
114M
0M
110M
-5.66%
13M
0M
157M
0M
157M
178M
10.44%
119M
178M
17M
17M
0M
207M
45M
161M
0M
157M
7.42%
17M
0M
207M
0M
207M
149M
25.88%
118M
149M
12M
12M
0M
187M
50M
137M
0M
132M
30.79%
12M
0M
187M
0M
187M
43M
-74.43%
93M
43M
17M
11M
0M
81M
55M
25M
0M
15M
-90.41%
17M
0M
81M
0M
81M
128M
-34.12%
119M
128M
10M
10M
0M
174M
57M
118M
0M
117M
-34.25%
10M
0M
175M
0M
174M
161M
3.36%
126M
161M
12M
12M
0M
206M
56M
149M
0M
147M
2.58%
12M
0M
206M
0M
206M
118M
-10.76%
118M
118M
14M
10M
0M
163M
59M
104M
0M
101M
-14.03%
14M
0M
163M
0M
163M
167M
14.47%
129M
167M
11M
11M
0M
212M
56M
156M
0M
153M
14.57%
11M
0M
212M
0M
212M
195M
26.15%
131M
195M
9M
9M
0M
239M
54M
185M
0M
178M
26.24%
9M
0M
240M
0M
239M
156M
5.88%
120M
156M
10M
10M
0M
199M
53M
146M
0M
143M
6.99%
10M
0M
199M
0M
199M
133M
41.61%
112M
133M
10M
10M
0M
175M
52M
122M
0M
117M
45.62%
10M
0M
175M
0M
175M
146M
714.75%
110M
146M
10M
10M
0M
184M
47M
136M
0M
134M
-23.56%
10M
0M
184M
0M
184M
154M
-19.04%
107M
154M
9M
9M
0M
189M
44M
145M
0M
141M
3.11%
9M
0M
189M
0M
189M
148M
-16.92%
99M
148M
10M
10M
0M
178M
40M
137M
0M
133M
46.81%
10M
0M
178M
0M
178M
94M
-44.17%
83M
94M
10M
10M
0M
123M
39M
84M
0M
80M
-23.88%
10M
0M
124M
0M
123M
18M
-128.42%
146M
-128M
10M
8M
0M
-262M
39M
179M
0M
175M
48.27%
31,865M
0M
218M
0M
218M
191M
13.87%
56M
134M
7M
7M
0M
91M
36M
139M
0M
137M
236.02%
63M
0M
174M
0M
174M
178M
23.04%
44M
134M
8M
8M
0M
91M
35M
94M
0M
91M
146.27%
52M
0M
129M
0M
129M
168M
23.62%
46M
121M
9M
9M
0M
80M
33M
108M
0M
106M
-14.72%
55M
0M
141M
0M
141M
-63M
-114.96%
49M
-112M
30M
38,117M
0M
95M
33M
121M
0M
118M
-24.71%
59M
0M
154M
0M
154M
167M
21.17%
28M
139M
9M
9M
0M
99M
31M
41M
0M
41M
-68.34%
37M
0M
72M
0M
72M
144M
18.68%
59M
85M
11M
11M
0M
46M
29M
39M
0M
37M
-88.82%
70M
0M
68M
0M
67M
136M
104.02%
48M
88M
8M
8M
0M
50M
30M
126M
0M
124M
61.97%
56M
0M
156M
0M
156M
421M
1,653.91%
52M
369M
8M
15M
0M
68M
25M
162M
0M
157M
125.32%
64M
0M
187M
0M
187M
138M
126.88%
33M
105M
11M
10M
0M
71M
23M
128M
0M
128M
102.88%
44M
0M
151M
0M
151M
122M
105.70%
27M
95M
22M
20M
0M
50M
23M
331M
0M
330M
850.00%
48M
0M
354M
0M
354M
67M
18.73%
17M
50M
26M
25M
0M
32M
9M
76M
0M
76M
118.12%
26M
0M
85M
0M
85M
24M
-109.03%
17M
7M
-19M
11M
0M
38M
6M
-52M
0M
70M
-194.11%
25M
0M
75M
0M
75M
61M
-1.91%
16M
45M
6M
5M
0M
33M
6M
97M
0M
63M
-252.87%
22M
0M
70M
0M
69M
59M
-6.86%
15M
44M
5M
4M
0M
32M
6M
35M
0M
35M
962.13%
21M
0M
41M
0M
41M
56M
7.30%
15M
41M
4M
3M
0M
30M
7M
35M
0M
35M
34.89%
19M
0M
42M
0M
42M
-266M
-10,102.19%
16M
-282M
4M
7M
0M
33M
10M
-44M
0M
-74M
-255.30%
20M
0M
-100M
0M
-100M
62M
29.49%
16M
46M
29M
0M
0M
33M
10M
33M
0M
-41M
-280.56%
20M
0M
-32M
0M
-32M
63M
33.89%
17M
47M
3M
2M
0M
36M
7M
3M
0M
3M
-90.25%
20M
0M
10M
0M
11M
52M
31.45%
24M
52M
27M
2M
0M
26M
17M
26M
0M
26M
10.11%
27M
0M
26M
0M
26M
3M
-84.71%
25M
3M
-57M
10M
0M
26M
16M
59M
0M
48M
20.30%
27M
0M
9M
-1M
10M
48M
50.58%
22M
48M
24M
0M
0M
24M
1M
24M
0M
23M
26.37%
24M
0M
24M
2M
23M
47M
55.46%
20M
47M
22M
0M
0M
25M
9M
25M
0M
34M
101.09%
22M
0M
34M
0M
34M
40M
96.69%
18M
40M
21M
0M
0M
19M
5M
19M
0M
24M
70.40%
21M
0M
24M
0M
24M
17M
16.75%
17M
17M
-33M
2M
0M
18M
3M
50M
0M
40M
149.65%
19M
0M
31M
0M
31M
32M
174.22%
13M
32M
15M
1M
0M
17M
1M
17M
0M
18M
83.58%
15M
0M
17M
-1M
18M
30M
217.55%
15M
30M
16M
1M
0M
14M
7M
14M
0M
17M
119.58%
16M
0M
22M
0M
22M
20M
251.12%
7M
20M
8M
1M
0M
12M
2M
12M
0M
14M
62.78%
8M
0M
14M
0M
12M
15M
238.42%
2M
15M
3M
1M
0M
12M
4M
27M
0M
16M
366.56%
3M
0M
16M
0M
12M
12M
-
4M
12M
5M
1M
0M
6M
4M
10M
0M
10M
366.56%
5M
0M
10M
0M
6M
10M
-
3M
10M
4M
0M
0M
6M
2M
8M
0M
8M
366.56%
4M
0M
8M
0M
6M
6M
-
2M
6M
2M
1M
0M
4M
5M
9M
0M
9M
366.56%
2M
0M
9M
0M
4M
4M
-
1M
4M
1M
1M
0M
3M
1M
3M
0M
3M
366.56%
1M
0M
4M
0M
3M