Ares Management (ARES-PB) Tax Rate (2013 - 2026)
Ares Management posted quarterly Tax Rate of 19.13% for Q1 2026, up 670.0% year-on-year from 2.48% in Q1 2025, and up 385.25% on a QoQ basis from 3.94% in Q4 2025.
Ares Management (ARES-PB) has 14 years of Tax Rate data on file, last reported at 19.13% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 670.0% year-over-year to 19.13%; the trailing twelve-month figure through Mar 2026 stood at 16.51% (up 344.0% YoY), and the FY2025 full-year result was 15.43%, up 252.0% from the prior year.
- Tax Rate for Q1 2026 stood at 19.13%, up from 3.94% in the prior quarter.
- Across five years, Tax Rate topped out at 21.24% in Q2 2025 and bottomed at 3.94% in Q4 2025.
- The 5-year median for Tax Rate is 13.18% (2023), against an average of 14.37%.
- Peak annual rise in Tax Rate reached 830 bps in 2025, while the deepest fall reached 853 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 14.47% in 2022, then retreated by 15 bps to 12.33% in 2023, then advanced by 1 bps to 12.47% in 2024, then tumbled by 68 bps to 3.94% in 2025, then soared by 385 bps to 19.13% in 2026.
- The last three Tax Rate figures came in at 19.13% (Q1 2026), 3.94% (Q4 2025), and 17.15% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 18.16 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 13.55 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 40.05 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 15.80 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 598.59 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 21.16 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 20.02 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 24.99 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 19.13 |
| 10 | Ares Management | - | - | - | 19.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.13 |
| Mar 31, 2026 | 19.13 |
| Dec 31, 2025 | 3.94 |
| Dec 31, 2025 | 3.94 |
| Sep 30, 2025 | 17.15 |
| Sep 30, 2025 | 17.15 |
| Jun 30, 2025 | 21.24 |
| Jun 30, 2025 | 21.24 |
| Mar 31, 2025 | 12.43 |
| Mar 31, 2025 | 12.43 |
| Dec 31, 2024 | 12.47 |
| Dec 31, 2024 | 12.47 |
| Sep 30, 2024 | 14.20 |
| Sep 30, 2024 | 14.20 |
| Jun 30, 2024 | 12.94 |
| Jun 30, 2024 | 12.94 |
| Mar 31, 2024 | 11.79 |
| Mar 31, 2024 | 11.79 |
| Dec 31, 2023 | 12.33 |
| Dec 31, 2023 | 12.33 |
| Sep 30, 2023 | 13.18 |
| Sep 30, 2023 | 13.18 |
| Jun 30, 2023 | 13.02 |
| Jun 30, 2023 | 13.02 |
| Mar 31, 2023 | 14.02 |
| Mar 31, 2023 | 14.02 |
| Dec 31, 2022 | 14.47 |
| Dec 31, 2022 | 14.47 |
| Sep 30, 2022 | 19.21 |
| Sep 30, 2022 | 19.21 |
| Jun 30, 2022 | 20.13 |
| Jun 30, 2022 | 20.13 |
| Mar 31, 2022 | 12.65 |
| Mar 31, 2022 | 12.65 |
| Dec 31, 2021 | 13.88 |
| Dec 31, 2021 | 13.88 |
| Sep 30, 2021 | 12.26 |
| Sep 30, 2021 | 12.26 |
| Jun 30, 2021 | 15.15 |
| Jun 30, 2021 | 15.15 |
| Mar 31, 2021 | 13.57 |
| Mar 31, 2021 | 13.57 |
| Dec 31, 2020 | 11.95 |
| Dec 31, 2020 | 11.95 |
| Sep 30, 2020 | 11.46 |
| Sep 30, 2020 | 11.46 |
| Jun 30, 2020 | 10.12 |
| Jun 30, 2020 | 10.12 |
| Mar 31, 2020 | 6.95 |
| Mar 31, 2020 | 6.95 |
| Dec 31, 2019 | 16.57 |
| Dec 31, 2019 | 16.57 |
| Sep 30, 2019 | 11.30 |
| Sep 30, 2019 | 11.30 |
| Jun 30, 2019 | 11.26 |
| Jun 30, 2019 | 11.26 |
| Mar 31, 2019 | 10.58 |
| Mar 31, 2019 | 10.58 |
| Dec 31, 2018 | 13.25 |
| Dec 31, 2018 | 13.25 |
| Sep 30, 2018 | 9.74 |
| Sep 30, 2018 | 9.74 |
| Jun 30, 2018 | 72.25 |
| Jun 30, 2018 | 72.25 |
| Mar 31, 2018 | -19.94 |
| Mar 31, 2018 | -19.94 |
| Dec 31, 2017 | 3.95 |
| Dec 31, 2017 | 3.95 |
| Sep 30, 2017 | 5.15 |
| Sep 30, 2017 | 5.15 |
| Jun 30, 2017 | 1.09 |
| Jun 30, 2017 | 1.09 |
| Mar 31, 2017 | 17.98 |
| Mar 31, 2017 | 17.98 |
| Dec 31, 2016 | 3.20 |
| Dec 31, 2016 | 3.20 |
| Sep 30, 2016 | 6.09 |
| Sep 30, 2016 | 6.09 |
| Jun 30, 2016 | -5.34 |
| Jun 30, 2016 | -5.34 |
| Mar 31, 2016 | -51.98 |
| Mar 31, 2016 | -51.98 |
| Dec 31, 2015 | 34.72 |
| Dec 31, 2015 | 34.72 |
| Sep 30, 2015 | -17.39 |
| Sep 30, 2015 | -17.39 |
| Jun 30, 2015 | 10.60 |
| Jun 30, 2015 | 10.60 |
| Mar 31, 2015 | 8.74 |
| Mar 31, 2015 | 8.74 |
| Dec 31, 2014 | 6.13 |
| Dec 31, 2014 | 6.13 |
| Sep 30, 2014 | -3.12 |
| Sep 30, 2014 | -3.12 |
| Jun 30, 2014 | 2.75 |
| Jun 30, 2014 | 2.75 |
| Mar 31, 2014 | -2.44 |
| Mar 31, 2014 | -2.44 |
| Dec 31, 2013 | -1.42 |
| Dec 31, 2013 | -1.42 |
| Sep 30, 2013 | 1.17 |
| Sep 30, 2013 | 1.17 |
| Jun 30, 2013 | -4.84 |
| Jun 30, 2013 | -4.84 |
| Mar 31, 2013 | 0.02 |
| Mar 31, 2013 | 0.02 |