Ares Management (ARES) Capital Expenditures (2013 - 2026)
Ares Management (ARES) reported Capital Expenditures of $33.05 million for Q2 2026, up 44.2% from $22.92 million a year earlier and up 111.3% from the prior quarter.
Ares Management (ARES) Capital Expenditures (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ares Management's Capital Expenditures came in at $75.98 million, down 6.3% year-over-year; for FY2025, it was $72.18 million, down 21.1% from FY2024.
- Capital Expenditures has a five-year compound annual growth rate of 35.3% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $91.51 million in FY2024 (+36.2%), $67.18 million in FY2023 (+87.7%), $35.8 million in FY2022 (+31.5%) and $27.23 million in FY2021 (+70.8%).
- The Q2 2026 figure ranks as the highest quarterly Capital Expenditures in data going back to Q1 2013.
- Year over year, Capital Expenditures gained in three of the last eight quarters, with an average decline of 6.5%.
- The high point for year-over-year Capital Expenditures in five years was Q4 2023 (growth of 210.6%); the low point was Q4 2024 (a decline of 59.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $15.64 million (Q1 2026), $15.79 million (Q4 2025) and $11.49 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.92 Bn | 121.05 Bn | - | 109.00 Mn |
| 2 | Spdr Gold Trust | 136.71 Bn | -421.29 Bn | - | - |
| 3 | Blackstone | 88.22 Bn | 78.20 Bn | - | 31.96 Mn |
| 4 | Brookfield | 83.92 Bn | -99.40 Bn | - | - |
| 5 | Kkr | 79.85 Bn | -3.72 Mn | - | 48.57 Mn |
| 6 | Brookfield Asset Management | 73.42 Bn | 68.22 Bn | - | 10.00 Mn |
| 7 | Apollo Global Management | 65.92 Bn | -16.87 Bn | 10.56 Bn | - |
| 8 | Wheaton Precious Metals | 59.50 Bn | 54.92 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 46.38 Bn | 43.74 Bn | 451.00 Mn | 400,000.00 |
| 10 | Ares Management | 26.29 Bn | 20.05 Bn | - | 33.05 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.05 Mn |
| Mar 31, 2026 | 15.64 Mn |
| Dec 31, 2025 | 15.79 Mn |
| Sep 30, 2025 | 11.49 Mn |
| Jun 30, 2025 | 22.92 Mn |
| Mar 31, 2025 | 21.98 Mn |
| Dec 31, 2024 | 9.31 Mn |
| Sep 30, 2024 | 26.89 Mn |
| Jun 30, 2024 | 29.24 Mn |
| Mar 31, 2024 | 26.07 Mn |
| Dec 31, 2023 | 23.01 Mn |
| Sep 30, 2023 | 23.05 Mn |
| Jun 30, 2023 | 12.25 Mn |
| Mar 31, 2023 | 8.88 Mn |
| Dec 31, 2022 | 7.41 Mn |
| Sep 30, 2022 | 9.94 Mn |
| Jun 30, 2022 | 9.92 Mn |
| Mar 31, 2022 | 8.52 Mn |
| Dec 31, 2021 | 12.07 Mn |
| Sep 30, 2021 | 7.20 Mn |
Ares Management Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ARES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "ARES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();