{"schema_version":"secwatch.filing_event.v1","accession":"0001287750-26-000004","form_type":"8-K","ticker":"ARCC","cik":"0001287750","company_name":"ARES CAPITAL CORP","filed_at":"2026-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.717990+00:00","generated_at":"2026-05-16T04:50:00.169545+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ares Capital Q4 2025 GAAP EPS $0.41, core EPS $0.50; declares Q1 dividend $0.48","bullets":["GAAP net income $293M ($0.41/sh) in Q4 2025 vs $357M ($0.55/sh) in Q4 2024; core EPS $0.50 vs $0.55.","FY25 GAAP EPS $1.86 vs $2.44 in FY24; net investment income $1,415M, down from $1,436M.","Portfolio investments at fair value $29.5B, up from $26.7B; debt/equity ratio 1.12x vs 1.03x.","Q1 2026 dividend $0.48/sh payable March 31, 2026 to holders of record March 13, 2026.","In Jan 2026, issued $750M of 5.250% unsecured notes due 2031; stock repurchase program extended to Feb 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001287750-26-000004","json":"https://secwatch.observer/filing/0001287750-26-000004.json","markdown":"https://secwatch.observer/filing/0001287750-26-000004.md","text":"https://secwatch.observer/filing/0001287750-26-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1287750/000128775026000004/0001287750-26-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1287750/000128775026000004/arcc-20260204.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:50:00.169545+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}