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| Date | Value |
|---|---|
| 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 |