ARES CAPITAL CORP (ARCC) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
ARCC currently has 718M outstanding shares. with minimal authorized share overhang for future dilution. The company has diluted shareholders by 17.54% over the past 2 years through share issuances.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 28, 2026 |
10-Q filing | 718.0M shares outstanding |
720M | 0 |
| Jul 29, 2025 |
10-Q filing | 695.0M shares outstanding |
700M | 0 |
| Apr 29, 2025 |
10-Q filing | 676.0M shares outstanding |
680M | 0 |
| Feb 05, 2025 |
10-K filing | 624.0M shares outstanding |
620M | 0 |
| Jan 08, 2025 |
8-K filing: Ares Capital Corporation issued $1,000,000,000 aggregate principal amount of 5.800% notes due 2032, with net proceeds used to repay outstanding indebtedness. ($1000.0M proceeds) |
640M | 0 |
| Oct 30, 2024 |
10-Q filing | 635.0M shares outstanding |
640M | 0 |
| Jul 30, 2024 |
10-Q filing | 616.0M shares outstanding |
620M | 0 |
| May 01, 2024 |
10-Q filing | 591.0M shares outstanding |
590M | 0 |
| Feb 07, 2024 |
10-K filing | 575.0M shares outstanding |
580M | 0 |
| Oct 24, 2023 |
10-Q filing | 562.0M shares outstanding |
560M | 0 |
| Jul 25, 2023 |
10-Q filing | 567.0M shares outstanding |
570M | 0 |
| Apr 25, 2023 |
10-Q filing | 555.0M shares outstanding |
560M | 0 |
| Feb 07, 2023 |
10-K filing | 518.0M shares outstanding |
520M | 0 |
| Jan 18, 2023 |
8-K filing: Ares Capital Corporation issued 12,075,000 shares of its common stock at a price of $18.53 per share, resulting in net proceeds to the company of approximately $223.4 million. ($223.4M proceeds) |
500M | 0 |
| Nov 10, 2022 |
8-K filing: Ares Capital Corporation issued 9,200,000 shares of common stock at a price of $18.87 per share, resulting in net proceeds to the Company of approximately $173.2 million. ($173.2M proceeds) |
500M | 0 |
| Oct 25, 2022 |
10-Q filing | 503.0M shares outstanding |
500M | 0 |
| Aug 02, 2022 |
8-K filing: Ares Capital Corporation issued 9,200,000 shares of its common stock at a price of $19.00 per share, resulting in net proceeds of approximately $174.4 million. ($174.4M proceeds) |
N/A | 0 |
| Jan 21, 2022 |
8-K filing: Ares Capital Corporation sold 1,200,000 shares of its common stock to the Underwriters pursuant to the Underwriters' partial exercise of an option, raising approximately $25.3 million in net proceeds, bringing the total net proceeds of the offering to approximately $235.5 million. ($25.3M proceeds) |
N/A | 0 |
| Jan 18, 2022 |
8-K filing: Ares Capital Corporation issued 10,000,000 shares of common stock at $21.06 per share, resulting in net proceeds of approximately $210.2 million. The underwriters also have an option to purchase an additional 1,500,000 shares. ($210.2M proceeds) |
N/A | 0 |
| Aug 02, 2021 |
8-K filing: Ares Capital Corporation issued 12,500,000 shares of common stock at a price of $19.6667 per share, resulting in net proceeds of approximately $245.4 million. ($245.4M proceeds) |
N/A | 0 |
| Mar 02, 2021 |
8-K filing: The Company sold 500,000 shares of its common stock to Underwriters pursuant to the Underwriters' partial exercise of an option to purchase additional shares of the Company's common stock, raising approximately $8.9 million in net proceeds. ($8.9M proceeds) |
N/A | 0 |
| Feb 16, 2021 |
8-K filing: Ares Capital Corporation issued 13,500,000 shares of common stock to underwriters at a price of $17.85 per share, resulting in net proceeds of approximately $240.5 million. ($240.5M proceeds) |
N/A | 0 |