Ares Management (ARES-PB) Accumulated Expenses (2013 - 2026)
Ares Management posted quarterly Accumulated Expenses of $422.5 million for Q1 2026, up 40.49% year-on-year from $300.8 million in Q1 2025, and down 10.67% on a QoQ basis from $473.0 million in Q4 2025.
Ares Management (ARES-PB) has 14 years of Accumulated Expenses data on file, last reported at $422.5 million in Q1 2026.
- For the quarter ending Q1 2026, Accumulated Expenses rose 40.49% year-over-year to $422.5 million; the trailing twelve-month figure through Mar 2026 stood at $422.5 million (up 40.49% YoY), and the FY2025 full-year result was $473.0 million, up 68.38% from the prior year.
- Accumulated Expenses for Q1 2026 stood at $422.5 million, down from $473.0 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $656.7 million in Q3 2025 and bottomed at $214.1 million in Q1 2023.
- The 5-year median for Accumulated Expenses is $361.0 million (2023), against an average of $376.3 million.
- The widest annual swing landed in 2022, when Accumulated Expenses soared 217.53%; it then plunged 43.69% in 2023.
- A 5-year view of Accumulated Expenses shows it stood at $510.1 million in 2022, then slumped by 43.69% to $287.3 million in 2023, then declined by 2.22% to $280.9 million in 2024, then surged by 68.38% to $473.0 million in 2025, then declined by 10.67% to $422.5 million in 2026.
- The last three Accumulated Expenses figures came in at $422.5 million (Q1 2026), $473.0 million (Q4 2025), and $656.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - |
| 10 | Ares Management | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 422.52 Mn |
| Dec 31, 2025 | 472.98 Mn |
| Sep 30, 2025 | 656.74 Mn |
| Jun 30, 2025 | 438.20 Mn |
| Mar 31, 2025 | 300.76 Mn |
| Dec 31, 2024 | 280.89 Mn |
| Sep 30, 2024 | 401.04 Mn |
| Jun 30, 2024 | 296.78 Mn |
| Mar 31, 2024 | 217.79 Mn |
| Dec 31, 2023 | 287.26 Mn |
| Sep 30, 2023 | 361.02 Mn |
| Jun 30, 2023 | 250.79 Mn |
| Mar 31, 2023 | 214.14 Mn |
| Dec 31, 2022 | 510.13 Mn |
| Sep 30, 2022 | 595.33 Mn |
| Jun 30, 2022 | 404.82 Mn |
| Mar 31, 2022 | 285.11 Mn |
| Dec 31, 2021 | 310.22 Mn |
| Sep 30, 2021 | 309.57 Mn |
| Mar 31, 2021 | 89.79 Mn |
| Dec 31, 2020 | 121.93 Mn |
| Sep 30, 2019 | 168.54 Mn |
| Mar 31, 2019 | 64.57 Mn |
| Dec 31, 2018 | 29.39 Mn |
| Sep 30, 2018 | 127.48 Mn |
| Mar 31, 2018 | 49.94 Mn |
| Dec 31, 2017 | 27.98 Mn |
| Jun 30, 2017 | 89.10 Mn |
| Mar 31, 2017 | 56.26 Mn |
| Dec 31, 2016 | 131.74 Mn |
| Sep 30, 2016 | 131.18 Mn |
| Jun 30, 2016 | 91.74 Mn |
| Mar 31, 2016 | 55.91 Mn |
| Dec 31, 2015 | 125.03 Mn |
| Sep 30, 2015 | 114.81 Mn |
| Jun 30, 2015 | 82.17 Mn |
| Mar 31, 2015 | 55.31 Mn |
| Dec 31, 2014 | 129.43 Mn |
| Sep 30, 2014 | 118.46 Mn |
| Jun 30, 2014 | 84.08 Mn |
| Mar 31, 2014 | 55.56 Mn |
| Dec 31, 2013 | 132.92 Mn |