• Ares Capital average net profit margin for 2023 was 43.61%, a 12.52% increase from 2022.
• Ares Capital average net profit margin for 2022 was 49.85%, a 46.69% decline from 2021.
• Ares Capital average net profit margin for 2021 was 93.51%, a 591.64% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.