ARCC
Ares Capital Corporation Financial Services - BDC Investor Relations →
Ares Capital Corporation (ARCC) closed at $17.96 as of 2026-03-20, trading 6.6% above its 200-week moving average of $16.85. The stock moved further from the line this week, up from 3.3% last week. The 14-week RSI sits at 35, indicating neutral momentum.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.74 ratio) is neutral — neither side is clearly dominating.
Over the past 1071 weeks of data, ARCC has crossed below its 200-week moving average 9 times. On average, these episodes lasted 14 weeks. Historically, investors who bought ARCC at the start of these episodes saw an average one-year return of +13.1%.
With a market cap of $12.9 billion, ARCC is a large-cap stock. The company generates a free cash flow yield of 5.3%, which is healthy. Return on equity stands at 9.4%. The stock trades at 0.9x book value.
Share count has increased 38.3% over three years, indicating dilution.
Over the past 20.6 years, a hypothetical investment of $100 in ARCC would have grown to $965, compared to $773 for the S&P 500. That represents an annualized return of 11.6% vs 10.4% for the index — confirming ARCC as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: ARCC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ARCC Crosses Below the Line?
Across 9 historical episodes, buying ARCC when it crossed below its 200-week moving average produced an average return of +16.1% after 12 months (median +17.0%), compared to +5.1% for the S&P 500 over the same periods. 56% of those episodes were profitable after one year. After 24 months, the average return was +43.9% vs +11.4% for the index.
Each line shows $100 invested at the moment ARCC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ARCC has crossed below its 200-week MA 9 times with an average 1-year return of +13.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2005 | Dec 2005 | 13 | 6.9% | +9.9% | +857.4% |
| Jul 2007 | Aug 2007 | 2 | 2.5% | -19.6% | +773.6% |
| Sep 2007 | Sep 2007 | 1 | 0.1% | -15.9% | +770.7% |
| Nov 2007 | Dec 2007 | 3 | 1.4% | -61.7% | +766.1% |
| Dec 2007 | Aug 2009 | 85 | 70.0% | -40.4% | +820.9% |
| Jan 2016 | Mar 2016 | 10 | 9.1% | +34.5% | +242.6% |
| Mar 2020 | May 2020 | 9 | 34.6% | +94.3% | +205.3% |
| Jul 2020 | Jul 2020 | 1 | 0.6% | +59.0% | +124.1% |
| Sep 2020 | Sep 2020 | 1 | 1.3% | +58.1% | +123.4% |
| Average | 14 | — | +13.1% | — |
Frequently Asked Questions
Is ARCC below its 200-week moving average?
No. Ares Capital Corporation (ARCC) is currently 6.6% above its 200-week moving average of $16.85. It would need to fall to $16.85 to cross below the line.
What is ARCC's 200-week moving average price?
Ares Capital Corporation's 200-week moving average is $16.85 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when ARCC drops below its 200-week moving average?
ARCC has crossed below its 200-week moving average 9 times in our data. On average, buying at that moment produced a one-year return of +13.1%. These dips have historically been decent entry points. These episodes lasted 14 weeks on average.
Is ARCC a good value right now?
Here's what our data says about ARCC as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 35. Free cash flow yield is 5.3%. Return on equity is 9.4%. Price-to-book is 0.9x. This is not a buy or sell recommendation — always do your own research.
How does ARCC compare to the S&P 500?
Over the past 20.6 years, $100 invested in ARCC would have grown to $965, compared to $773 for the S&P 500. That's 11.6% annualized vs 10.4% for the index. ARCC has outperformed the broader market over this period.
Does ARCC pay a dividend?
Yes. Ares Capital Corporation currently pays a dividend yield of 1069.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20