Ares Management (ARES) Cash from Operations (2013 - 2026)
Ares Management (ARES) recorded Cash from Operations of -$351.45 million in Q2 2026, compared with $415.7 million a year earlier.
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Analysis
Ares Management (ARES) Cash from Operations (2013 - 2026) Analysis & Trends
On a TTM basis, Ares Management's Cash from Operations came in at $912.13 million as of Jun 30, 2026, down 77.5% year-over-year; for FY2025, it came in at $3.27 billion, up 17.0% from FY2024.
- Across earlier years, Cash from Operations came in at $2.79 billion in FY2024, -$233.26 million in FY2023, -$734.11 million in FY2022 and -$2.6 billion in FY2021.
- Quarterly Cash from Operations has ranged from -$792.35 million in Q2 2022 to $1.99 billion in Q1 2025 over the past five years.
- On a year-over-year basis, Cash from Operations rose in three of the last five quarters, with growth averaging 64.2%.
- Per Business Quant, the preceding three quarters came in at $406.52 million (Q1 2026), -$483.69 million (Q4 2025) and $1.34 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 Bn | - | 2.71 Bn |
| 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 | - | 1.96 Bn |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn | 2.14 Bn |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - | 554.00 Mn |
| 7 | Apollo Global Management | 72.50 Bn | 89.29 Bn | 4.14 Bn | 136.00 Mn |
| 8 | Wheaton Precious Metals | 62.02 Bn | 62.02 Bn | 538.50 Mn | 644.86 Mn |
| 9 | Ares Management | 50.21 Bn | 48.79 Bn | 376.28 Mn | -86.26 Mn |
| 10 | Franco Nevada | 49.31 Bn | 46.68 Bn | 451.00 Mn | 482.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -86.26 Mn |
| Jun 30, 2026 | -351.45 Mn |
| Mar 31, 2026 | 406.52 Mn |
| Dec 31, 2025 | -483.69 Mn |
| Sep 30, 2025 | 472.97 Mn |
| Jun 30, 2025 | 221.98 Mn |
| Mar 31, 2025 | 1.99 Bn |
| Dec 31, 2024 | 807.62 Mn |
| Sep 30, 2024 | 216.41 Mn |
| Jun 30, 2024 | 170.76 Mn |
| Mar 31, 2024 | 710.05 Mn |
| Dec 31, 2023 | -560.05 Mn |
| Sep 30, 2023 | 266.64 Mn |
| Jun 30, 2023 | 264.57 Mn |
| Mar 31, 2023 | 707.57 Mn |
| Dec 31, 2022 | -190.51 Mn |
| Sep 30, 2022 | 266.64 Mn |
| Jun 30, 2022 | 164.26 Mn |
| Mar 31, 2022 | 224.15 Mn |
| Dec 31, 2021 | -752.29 Mn |
API Access
Ares Management Cash from Operations 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-from-operations&ticker=ARES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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-from-operations&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();