Ares Capital Corporation (ARCC) — Cash Flow Quality Index
Ares Capital Corporation (ARCC) has a Cash Flow Quality Index of 1.96x as of June 2026. Operating cash flow of $336.00 Million exceeds net income of $171.00 Million, indicating high earnings quality where cash backs reported profits. Explore ARCC debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Ares Capital Corporation Cash Flow Quality Index (2004–2025)
Historical Cash Flow Quality Index for Ares Capital Corporation across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Ares Capital Corporation generate cash.
Annual Cash Flow Quality Index for Ares Capital Corporation (2004–2025)
Year-by-year earnings quality comparison for Ares Capital Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.88x | $1.14 Billion | $1.30 Billion | ▲ +4.4% |
| 2024 | 0.84x | $1.28 Billion | $1.52 Billion | ▲ +28.2% |
| 2023 | 0.66x | $1.00 Billion | $1.52 Billion | ▲ +129.0% |
| 2022 | -2.27x | $-1.36 Billion | $600.00 Million | ▼ -44.3% |
| 2021 | -1.57x | $-2.46 Billion | $1.57 Billion | ▼ -36.4% |
| 2020 | -1.15x | $-557.00 Million | $484.00 Million | ▲ +24.6% |
| 2019 | -1.53x | $-1.21 Billion | $793.00 Million | ▼ -296.6% |
| 2018 | 0.78x | $666.00 Million | $858.00 Million | ▲ +127.7% |
| 2017 | -2.80x | $-1.87 Billion | $667.00 Million | ▼ -287.6% |
| 2016 | 1.49x | $707.00 Million | $474.00 Million | ▲ +56.9% |
| 2015 | 0.95x | $360.38 Million | $379.00 Million | ▲ +185.3% |
| 2014 | -1.11x | $-658.55 Million | $591.00 Million | ▲ +58.0% |
| 2013 | -2.66x | $-1.30 Billion | $488.52 Million | ▼ -437.9% |
| 2012 | -0.49x | $-250.93 Million | $508.18 Million | ▲ +60.3% |
| 2011 | -1.24x | $-396.91 Million | $319.45 Million | ▼ -30.9% |
| 2010 | -0.95x | $-656.49 Million | $691.83 Million | ▼ -1669.2% |
| 2009 | 0.06x | $12.26 Million | $202.69 Million | ▲ +100.0% |
| 2007 | -5660487.70x | $-514.16 Trillion | $90.83 Million | ▼ -76121509.8% |
| 2006 | -7.44x | $-518.26 Million | $69.70 Million | ▲ +11.1% |
| 2005 | -8.36x | $-349.97 Million | $41.85 Million | ▲ +85.8% |
| 2004 | -58.85x | $-187.75 Million | $3.19 Million | — |