Financial Services - Asset Management - NASDAQ - US
$ 21.51
-0.324 %
$ 13.9 B
Market Cap
8.27
P/E
INCOME STATEMENT
2.08 B
REVENUE
1.22 B
OPERATING INCOME
1.52 B
NET INCOME
EFFICIENCY
Earnings Waterfall
Ares Capital Corporation
| Revenue | 2.08 B |
| Cost Of Revenue | 356 M |
| Gross Profit | 1.73 B |
| Operating Expenses | 506 M |
| Operating Income | 1.22 B |
| Other Expenses | -299 M |
| Net Income | 1.52 B |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||||||||||
| Revenue | 2 085.0 | 741.0 | 1 678.0 | 541.0 | 824.0 | 879.0 | 749.0 | 551.0 | 450.7 | 650.4 | 541.3 | 553.8 | 384.4 | 747.3 | 318.7 | 240.5 | 137.7 | 99.9 | 41.9 | 4.4 |
| GROSS PROFIT | ||||||||||||||||||||
| Cost Of Revenue | 356.0 | 467.0 | 654.0 | 356.0 | 379.0 | 355.0 | 329.0 | 270.0 | 244.0 | 0 | 0 | 0 | 184.0 | 128.9 | 63.7 | 62.2 | 0 | 0 | 0 | 0 |
| Gross Profit | 1 729.0 | 274.0 | 1 024.0 | 185.0 | 445.0 | 524.0 | 420.0 | 281.0 | 206.7 | 650.4 | 541.3 | 553.8 | 200.4 | 618.4 | 254.9 | 178.2 | 137.7 | 99.9 | 41.9 | 4.4 |
| OPERATING INCOME | ||||||||||||||||||||
| Operating Expenses | 506.0 | 86.0 | 82.0 | 38.0 | 15.0 | 2.0 | 63.0 | 56.0 | 54.3 | 41.1 | 38.7 | 34.4 | 57.4 | 50.0 | 83.6 | 113.2 | 10.8 | 6.7 | 14.7 | 1.7 |
| Selling, General and Administrative Expenses | 42.0 | 38.0 | 39.0 | 38.0 | 45.0 | 42.0 | 89.0 | 56.0 | 43.9 | 41.1 | 38.7 | 31.7 | 38.1 | 53.9 | 83.6 | 1.3 | 10.4 | 6.4 | 0.9 | 0.1 |
| Research and Development Expenses | 0 | 0.3 | 0.763 | 0.373 | 0.577 | 0.499 | 0.57 | 0.441 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1 223.0 | 1 110.0 | 1 596.0 | 503.0 | 809.0 | 1 117.0 | 911.0 | 681.0 | 623.4 | 825.3 | 674.1 | 662.3 | 289.9 | 221.2 | 134.0 | 127.2 | 94.1 | 61.6 | 27.1 | 2.7 |
| PRE-TAX INCOME | ||||||||||||||||||||
| Interest Income Expense | 530.0 | 455.0 | 372.0 | 317.0 | 291.0 | 240.0 | 225.0 | 186.0 | 227.0 | 216.0 | 171.5 | 143.0 | 122.5 | 79.3 | 24.3 | 36.5 | 36.9 | 18.6 | 0.2 | 0 |
| Total Other Income | 319.0 | 467.0 | 454.0 | 356.0 | (199.0) | 355.0 | (77.0) | (21.0) | (1.8) | 3.7 | (0.8) | (3.5) | (22.5) | (19.7) | (2.5) | (266.4) | (4.1) | 25.9 K | (2.2) | 0.1 |
| Pre-Tax Income | 1 542.0 | 655.0 | 1 596.0 | 503.0 | 809.0 | 877.0 | 686.0 | 495.0 | 396.4 | 609.3 | 502.6 | 519.4 | 326.9 | 697.2 | 61.1 | 127.2 | 126.9 | 93.2 | 0 | 0 |
| NET INCOME | ||||||||||||||||||||
| Tax Provision | 20.0 | 55.0 | 29.0 | 19.0 | 16.0 | 19.0 | 19.0 | 21.0 | 17.8 | 18.3 | 14.1 | 11.2 | 7.5 | 5.4 | 5.6 | 0.2 | (0.8) | 4.9 | (14.7) | (0.5) |
| Net Income | 1 522.0 | 600.0 | 1 567.0 | 484.0 | 793.0 | 858.0 | 667.0 | 474.0 | 378.7 | 590.9 | 488.5 | 508.2 | 319.5 | 691.8 | (521.5) | (139.5) | 127.7 | 88.3 | 41.9 | 3.2 |
| EPS | 2.78 | 1.2 | 3.51 | 1.14 | 1.86 | 2.01 | 1.57 | 1.51 | 1.2 | 1.94 | 1.83 | 2.21 | 1.56 | 3.91 | 5.13 | 1.56 | 1.34 | 1.58 | 1.78 | 0.29 |