---
schema_version: "secwatch.filing_event.v1"
accession: "0001287750-23-000043"
form_type: "8-K"
ticker: "ARCC"
cik: "0001287750"
company_name: "ARES CAPITAL CORP"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T13:32:10.852656+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Ares Capital Q3 GAAP EPS $0.89 vs $0.21 YoY; declares Q4 dividend $0.48/share

## Summary
- GAAP net income $500M ($0.89/share) vs $104M ($0.21) in Q3-22; Core EPS $0.59 vs $0.50.
- NAV per share $18.99 vs $18.40 at Dec 31; leverage down to 1.03x net debt/equity from 1.26x.
- Q4 dividend declared $0.48/share, payable Dec 28, record Dec 15; flat QoQ, up from $0.46 regular year-ago.
- Q3 new investment commitments $1.6B, exits $1.3B; raised $600M 7.000% unsecured notes due 2027.
- Non-accrual loans improved to 1.2% of portfolio at cost from 1.7% at Dec 31, 2022.

## SEC filing metadata
- accession: 0001287750-23-000043
- form_type: 8-K
- ticker: ARCC
- cik: 0001287750
- company_name: ARES CAPITAL CORP
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287750/000128775023000043/0001287750-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287750/000128775023000043/arcc-20231024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287750-23-000043
- JSON: https://secwatch.observer/filing/0001287750-23-000043.json
- Plain text: https://secwatch.observer/filing/0001287750-23-000043.txt

## Key facts
- Earnings Releases
  ARES CAPITAL CORP reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: On October 24, 2023, the registrant issued a press release announcing its financial results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000128775023000043/0001287750-23-000043-index.htm

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