Ares Management ARES
NYSE ARES
$141.25 +1.02 (+0.73%)
At close: Aug 21, 2026 · 4:00 PM EDT

Ares Management (ARES) Accumulated Expenses (2013 - 2026)

Ares Management's (ARES) quarterly Accumulated Expenses came in at $422.5 million in Q1 2026, up 40.49% YoY 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) Accumulated Expenses (2013 - 2026) Analysis & Trends

Ares Management (ARES) has 14 years of Accumulated Expenses data on file, last reported at $422.5 million in Q1 2026.

  • Quarterly Accumulated Expenses rose 40.49% year-over-year to $422.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $422.5 million (up 40.49% YoY) and the FY2025 annual result came in at $473.0 million, up 68.38% from the prior year.
  • Accumulated Expenses eased to $422.5 million in Q1 2026, from $473.0 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $656.7 million in Q3 2025 to a low of $214.1 million in Q1 2023.
  • A 5-year average of $376.3 million and a median of $361.0 million in 2023 frame the typical range for Accumulated Expenses.
  • Annual changes were most pronounced in 2022 — Accumulated Expenses soared 217.53% — and 2023, when it slumped 43.69%.
  • Tracing ARES's Accumulated Expenses over 5 years: stood at $510.1 million in 2022, then tumbled by 43.69% to $287.3 million in 2023, then dropped by 2.22% to $280.9 million in 2024, then jumped by 68.38% to $473.0 million in 2025, then dropped 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 179.54 Bn 165.67 Bn -
2 Blackstone 114.83 Bn 112.32 Bn -
3 Kkr 97.26 Bn -179.81 Bn -
4 Brookfield 93.07 Bn 45.66 Bn -
5 Brookfield Asset Management 83.46 Bn 81.96 Bn -
6 Apollo Global Management 78.41 Bn 53.04 Bn 10.54 Bn
7 State Street 51.66 Bn 51.66 Bn -
8 Ameriprise Financial 51.12 Bn 40.07 Bn 4.72 Bn
9 Raymond James Financial 33.99 Bn 20.74 Bn -
10 Ares Management 11.39 Bn 11.39 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2026 635.16 Mn
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