Ares Management (ARES) Accumulated Expenses (2013 - 2026)
Ares Management (ARES) posted Accumulated Expenses of $422.5 million for Q1 2026, down 10.67% on a QoQ basis from $473.0 million in Q4 2025, and up 40.49% year-over-year from $300.8 million in Q1 2025.
Ares Management (ARES) Accumulated Expenses (2013 - 2026) Analysis & Trends
Ares Management's Accumulated Expenses history runs 14 years deep, the most recent figure standing at $422.5 million for 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 was $422.5 million for Q1 2026 at Ares Management, 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.
- 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 sank 43.69%.
- Ares Management's Accumulated Expenses stood at $510.1 million in 2022, then sank by 43.69% to $287.3 million in 2023, then fell by 2.22% to $280.9 million in 2024, then soared by 68.38% to $473.0 million in 2025, then fell by 10.67% to $422.5 million in 2026.
- Business Quant data shows ARES's Accumulated Expenses at $422.5 million in Q1 2026, $473.0 million in Q4 2025, and $656.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - |
| 10 | Ares Management | 9.64 Mn | -835.79 Mn | - |
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 |
| Jun 30, 2021 | 202.81 Mn |