---
schema_version: "secwatch.filing_event.v1"
accession: "0001287750-23-000018"
form_type: "8-K"
ticker: "ARCC"
cik: "0001287750"
company_name: "ARES CAPITAL CORP"
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T15:42:34.469537+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ares Capital Q1 core EPS $0.57, up 36% YoY; declares $0.48 dividend

## Summary
- Core EPS $0.57 vs $0.42 YoY; GAAP net income $278M ($0.52 per share).
- Net investment income $318M ($0.60 per share) vs $198M ($0.41) YoY.
- Q2 dividend $0.48 per share, payable June 30, 2023, record June 15.
- Leverage reduced to 1.09x net debt/equity from 1.26x; $4.4B available under credit facilities.
- New investment commitments $766M in Q1; portfolio fair value $21.1B.

## SEC filing metadata
- accession: 0001287750-23-000018
- form_type: 8-K
- ticker: ARCC
- cik: 0001287750
- company_name: ARES CAPITAL CORP
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287750/000128775023000018/0001287750-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287750/000128775023000018/arcc-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287750-23-000018
- JSON: https://secwatch.observer/filing/0001287750-23-000018.json
- Plain text: https://secwatch.observer/filing/0001287750-23-000018.txt

## Key facts
- Earnings Releases
  ARES CAPITAL CORP reported the quarter ended March 31, 2023 results: net income $ 278, EPS $ 0.52.
  - Period: the quarter ended March 31, 2023
  - Net income: $ 278
  - EPS: $ 0.52
  - Result: reported results
  source text: Ares Capital also announced financial results for its first quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000128775023000018/0001287750-23-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.