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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 Bn | - | 101.00 Mn |
| 2 | Spdr Gold Trust | 130.03 Bn | -427.97 Bn | - | - |
| 3 | Brookfield | 104.97 Bn | -79.04 Bn | - | - |
| 4 | Blackstone | 93.15 Bn | 87.36 Bn | - | 45.97 Mn |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn | 39.38 Mn |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - | 33.00 Mn |
| 7 | Apollo Global Management | 72.50 Bn | 89.29 Bn | 4.14 Bn | - |
| 8 | Wheaton Precious Metals | 62.02 Bn | 62.02 Bn | 538.50 Mn | - |
| 9 | Ares Management | 50.21 Bn | 48.79 Bn | 376.28 Mn | 35.21 Mn |
| 10 | Franco Nevada | 49.31 Bn | 46.68 Bn | 451.00 Mn | 400,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 35.21 Mn |
| 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 | 202.95 Mn |
| Sep 30, 2024 | -82.20 Mn |
| Jun 30, 2024 | -55.31 Mn |
| Mar 31, 2024 | 26.07 Mn |
| Dec 31, 2023 | 123.61 Mn |
| Sep 30, 2023 | -44.18 Mn |
| Jun 30, 2023 | -21.13 Mn |
| Mar 31, 2023 | 8.88 Mn |
| Dec 31, 2022 | 74.11 Mn |
| Sep 30, 2022 | -28.39 Mn |
| Jun 30, 2022 | -18.45 Mn |
| Mar 31, 2022 | 8.52 Mn |
| Dec 31, 2021 | 47.05 Mn |
API Access
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_KEYimport 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();