Financhill
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ARCC Quote, Financials, Valuation and Earnings

Last price:
$21.28
Seasonality move :
-1.82%
Day range:
$20.97 - $21.48
52-week range:
$19.32 - $22.44
Dividend yield:
8.98%
P/E ratio:
8.22x
P/S ratio:
7.41x
P/B ratio:
1.08x
Volume:
9M
Avg. volume:
4.6M
1-year change:
9.36%
Market cap:
$13.8B
Revenue:
$1.6B
EPS (TTM):
$2.60
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $824M $541M $1.7B $789M $1.6B
Revenue Growth (YoY) -6.26% -34.35% 210.17% -52.98% 107.35%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $45M $38M $39M $38M $42M
Other Inc / (Exp) -$127M -$148M $258M $24M -$155M
Operating Expenses $15M $38M $82M $134M $94M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $809M $503M $1.6B $655M $1.5B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $16M $19M $29M $55M $20M
Net Income to Company $793M $484M $1.6B $600M $1.5B
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $793M $484M $1.6B $600M $1.5B
 
Basic EPS (Cont. Ops) $1.86 $1.14 $3.51 $1.21 $2.75
Diluted EPS (Cont. Ops) $1.86 $1.14 $3.51 $1.19 $2.68
Weighted Average Basic Share $427M $424M $446M $498M $554M
Weighted Average Diluted Share $427M $424M $446M $518M $575M
 
EBITDA -- -- -- -- --
EBIT $1.1B $820M $2B $1.1B $2.1B
 
Revenue (Reported) $824M $541M $1.7B $789M $1.6B
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $1.1B $820M $2B $1.1B $2.1B
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $466M $368M $144M $528M $432M
Revenue Growth (YoY) 145.26% -21.03% -60.87% 266.67% -18.18%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $10M $11M $11M $12M $12M
Other Inc / (Exp) -$23M $123M -$22M -$72M -$19M
Operating Expenses $21M $29M $26M $25M $26M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $445M $339M $118M $503M $406M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $4M $5M $14M $3M $12M
Net Income to Company $441M $334M $104M $500M $394M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $441M $334M $104M $500M $394M
 
Basic EPS (Cont. Ops) $1.04 $0.73 $0.21 $0.89 $0.62
Diluted EPS (Cont. Ops) $1.04 $0.73 $0.21 $0.87 $0.62
Weighted Average Basic Share $423M $453M $503M $562M $635M
Weighted Average Diluted Share $423M $453M $523M $582M $635M
 
EBITDA -- -- -- -- --
EBIT $511M $415M $223M $635M $587M
 
Revenue (Reported) $466M $368M $144M $528M $432M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $511M $415M $223M $635M $587M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $372M $1.7B $937M $1.4B $1.8B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $38M $38M $39M $42M $42M
Other Inc / (Exp) -$56M $88M $23M -$159M -$20M
Operating Expenses $47M $97M $84M $93M $112M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $325M $1.6B $853M $1.3B $1.6B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $15M $28M $45M $29M $69M
Net Income to Company $310M $1.6B $808M $1.3B $1.6B
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $310M $1.6B $808M $1.3B $1.6B
 
Basic EPS (Cont. Ops) $0.75 $3.58 $1.70 $2.36 $2.62
Diluted EPS (Cont. Ops) $0.75 $3.58 $1.69 $2.31 $2.60
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -- -- -- -- --
EBIT $630M $1.9B $1.3B $1.8B $2.3B
 
Revenue (Reported) $372M $1.7B $937M $1.4B $1.8B
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $630M $1.9B $1.3B $1.8B $2.3B
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $177M $1.3B $579M $1.2B $1.3B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $29M $29M $29M $33M $33M
Other Inc / (Exp) $22M $258M $23M -$160M -$25M
Operating Expenses $59M $114M $116M $71M $90M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $118M $1.2B $463M $1.1B $1.2B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $12M $21M $37M $11M $60M
Net Income to Company $106M $1.2B $426M $1.1B $1.2B
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $106M $1.2B $426M $1.1B $1.2B
 
Basic EPS (Cont. Ops) $0.27 $2.69 $0.87 $2.02 $1.90
Diluted EPS (Cont. Ops) $0.27 $2.69 $0.86 $1.97 $1.90
Weighted Average Basic Share $1.3B $1.3B $1.5B $1.6B $1.8B
Weighted Average Diluted Share $1.3B $1.3B $1.5B $1.7B $1.8B
 
EBITDA -- -- -- -- --
EBIT $323M $1.4B $738M $1.5B $1.7B
 
Revenue (Reported) $177M $1.3B $579M $1.2B $1.3B
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $323M $1.4B $738M $1.5B $1.7B
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $167M $254M $372M $303M $535M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $298M $477M $594M $483M $796M
 
Property Plant And Equipment $94M $38M $27M $20M $10M
Long-Term Investments $14.4B $15.5B $20B $21.8B $22.9B
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $14.9B $16.2B $20.8B $22.4B $23.8B
 
Accounts Payable $177M $179M $427M $294M $373M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $346M $447M $838M $523M $664M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $7.4B $9B $12B $12.8B $12.6B
 
Common Stock -- -- -- $1M $1M
Other Common Equity Adj -- -- -- -- --
Common Equity $7.5B $7.2B $8.9B $9.6B $11.2B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $7.5B $7.2B $8.9B $9.6B $11.2B
 
Total Liabilities and Equity $14.9B $16.2B $20.8B $22.4B $23.8B
Cash and Short Terms $167M $254M $372M $303M $535M
Total Debt $7.1B $8.6B $11.1B $12.3B $11.9B
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $233M $1.2B $257M $527M $486M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $369M $1.3B $438M $786M $868M
 
Property Plant And Equipment $85M $31M $21M $13M $7M
Long-Term Investments $14.4B $17.7B $21.3B $21.9B $25.9B
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $15B $19.2B $22B $22.9B $27.1B
 
Accounts Payable $150M $306M $356M $218M $448M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $329M $577M $674M $534M $780M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $8B $10.6B $12.6B $12.1B $14.3B
 
Common Stock -- -- -- $1M $1M
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $7B $8.5B $9.4B $10.8B $12.8B
 
Total Liabilities and Equity $15B $19.2B $22B $22.9B $27.1B
Cash and Short Terms $233M $1.2B $257M $527M $486M
Total Debt $7.7B $10B $11.9B $11.6B $13.5B
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders $793M $484M $1.6B $600M $1.5B
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$26M -$26M $14M -$34M -$60M
Change in Inventories -- -- -- -- --
Cash From Operations -$1.2B -$580M -$2.5B -$1.4B $511M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -$694M -$679M -$694M -$912M -$1B
Special Dividend Paid
Long-Term Debt Issued $13.2B $8.3B $19.4B $8B $5.2B
Long-Term Debt Repaid -$11.4B -$6.7B -$16.8B -$6.8B -$5.6B
Repurchase of Common Stock -- -$100M -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $1.1B $730M $2.6B $1.2B -$284M
 
Beginning Cash (CF) $296M $176M $326M $486M $337M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$120M $150M $160M -$149M $227M
Ending Cash (CF) $176M $326M $486M $337M $564M
 
Levered Free Cash Flow -$1.2B -$580M -$2.5B -$1.4B $511M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders $441M $334M $104M $500M $394M
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable $48M $34M -$19M -$20M $24M
Change in Inventories -- -- -- -- --
Cash From Operations $4M $5M $20M $46M -$521M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -$169M -$179M -$234M -$254M -$287M
Special Dividend Paid -- -- $30K -- --
Long-Term Debt Issued $1.8B $3.9B $1.4B $1.1B $2.9B
Long-Term Debt Repaid -$1.7B -$3.3B -$1.4B -$964M -$2.4B
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -$29M $774M $81M $106M $464M
 
Beginning Cash (CF) $301M $434M $261M $453M $681M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$25M $779M $101M $152M -$57M
Ending Cash (CF) $276M $1.2B $362M $605M $624M
 
Levered Free Cash Flow $4M $5M $20M $46M -$521M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders $310M $1.6B $808M $1.3B $1.6B
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable $5M $14M -$39M -$51M -$45M
Change in Inventories -- -- -- -- --
Cash From Operations -$179M -$1.4B -$2.8B $510M -$2.2B
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -$684M -$681M -$847M -$1B -$1.1B
Special Dividend Paid
Long-Term Debt Issued $7.8B $15.2B $12.2B $6B $12.9B
Long-Term Debt Repaid -$6.9B -$12.8B -$10.3B -$6.3B -$10.5B
Repurchase of Common Stock -$100M -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $202M $2.4B $1.9B -$267M $2.2B
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $23M $937M -$851M $243M $19M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$179M -$1.4B -$2.8B $510M -$2.2B
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders $106M $1.2B $426M $1.1B $1.2B
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable $1M $41M -$12M -$29M -$14M
Change in Inventories -- -- -- -- --
Cash From Operations $172M -$692M -$999M $870M -$1.9B
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -$510M -$512M -$665M -$768M -$836M
Special Dividend Paid -- -- $90K -- --
Long-Term Debt Issued $5.3B $12.2B $5B $3B $10.6B
Long-Term Debt Repaid -$4.7B -$10.8B -$4.2B -$3.7B -$8.7B
Repurchase of Common Stock -$100M -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -$72M $1.6B $875M -$602M $1.9B
 
Beginning Cash (CF) $1.6B $1.1B $1.5B $1.2B $1.8B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $100M $887M -$124M $268M $60M
Ending Cash (CF) $1.7B $2B $1.3B $1.4B $1.9B
 
Levered Free Cash Flow $172M -$692M -$999M $870M -$1.9B

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