Ares Management (ARES) Cash & Equivalents (2013 - 2026)
Ares Management (ARES) reported Cash & Equivalents of $1.76 billion for Q3 2026, up 17.5% from $1.5 billion a year earlier but down 4.9% from the prior quarter.
Powered by 
Analysis
Ares Management (ARES) Cash & Equivalents (2013 - 2026) Analysis & Trends
At the end of FY2025, Ares Management posted Cash & Equivalents of $1.45 billion, down 47.1% from FY2024.
- Cash & Equivalents has a five-year compound annual growth rate of 21.8% (FY2020 to FY2025).
- By year, Cash & Equivalents came in at $2.74 billion in FY2024 (+82.6%), $1.5 billion in FY2023 (+34.4%), $1.11 billion in FY2022 (+6.2%) and $1.05 billion in FY2021 (+94.4%).
- Five-year quarterly Cash & Equivalents spans a low of $483.21 million in Q1 2022 and a high of $2.74 billion in Q4 2024.
- Year over year, Cash & Equivalents gained in five of the last eight quarters, with growth averaging 7.6%.
- The high point for year-over-year Cash & Equivalents in five years was Q1 2024 (growth of 104.7%); the low point was Q3 2022 (a decline of 56.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.85 billion (Q2 2026), $1.44 billion (Q1 2026) and $1.45 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 12.88 Bn |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - | - |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - | 14.24 Bn |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - | 3.04 Bn |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | 22.48 Bn |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | 657.00 Mn |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | 21.78 Bn |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn | 145.80 Mn |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn | 1.76 Bn |
| 10 | Franco Nevada | 47.61 Bn | 43.98 Bn | 427.60 Mn | 1.23 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.76 Bn |
| Jun 30, 2026 | 1.85 Bn |
| Mar 31, 2026 | 1.44 Bn |
| Dec 31, 2025 | 1.45 Bn |
| Sep 30, 2025 | 1.50 Bn |
| Jun 30, 2025 | 1.53 Bn |
| Mar 31, 2025 | 1.80 Bn |
| Dec 31, 2024 | 2.74 Bn |
| Sep 30, 2024 | 1.67 Bn |
| Jun 30, 2024 | 1.53 Bn |
| Mar 31, 2024 | 1.55 Bn |
| Dec 31, 2023 | 1.50 Bn |
| Sep 30, 2023 | 885.32 Mn |
| Jun 30, 2023 | 812.16 Mn |
| Mar 31, 2023 | 754.93 Mn |
| Dec 31, 2022 | 1.11 Bn |
| Sep 30, 2022 | 683.98 Mn |
| Jun 30, 2022 | 824.11 Mn |
| Mar 31, 2022 | 483.21 Mn |
| Dec 31, 2021 | 1.05 Bn |
API Access
Ares Management Cash & Equivalents 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=cash-and-equivalents&ticker=ARES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();