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
DateValue
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