Ares Management (ARES) Change in Accrued Expenses (2013 - 2025)
Ares Management's Change in Accrued Expenses was $92.24 million in Q4 2025, compared with -$508.35 million a year earlier and down 86.0% from the prior quarter.
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Analysis
Ares Management (ARES) Change in Accrued Expenses (2013 - 2025) Analysis & Trends
For FY2025, Change in Accrued Expenses at Ares Management came in at $91.96 million, down 38.0% from FY2024.
- Change in Accrued Expenses shows a five-year compound annual growth rate of 24.1% (FY2020 to FY2025).
- In earlier years, Change in Accrued Expenses was $148.38 million in FY2024 (+415.8%), $28.77 million in FY2023, -$51.69 million in FY2022 and $125.17 million in FY2021 (+300.7%).
- Quarterly Change in Accrued Expenses has moved between -$508.35 million (Q4 2024) and $310.22 billion (Q1 2022) over five years.
- Compared with a year earlier, Change in Accrued Expenses was higher in four of the last five quarters, with growth averaging 25.6%.
- The best year-over-year quarter for Change in Accrued Expenses over five years was Q1 2022 (growth of 139.9%); the worst was Q1 2023 (a decline of 100.0%).
- Per Business Quant data, ARES's Change in Accrued Expenses in the three quarters before Q4 2025 was $656.74 million (Q3 2025), $438.2 million (Q2 2025) and $856.11 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Accrued Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 1.01 Bn |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - | - |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - | - |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - | 32.40 Mn |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | -185.40 Mn |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | - |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | - |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn | - |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn | - |
| 10 | Franco Nevada | 47.61 Bn | 43.98 Bn | 427.60 Mn | 9.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 92.24 Mn |
| Sep 30, 2025 | 656.74 Mn |
| Jun 30, 2025 | 438.20 Mn |
| Mar 31, 2025 | 856.11 Mn |
| Dec 31, 2024 | -508.35 Mn |
| Sep 30, 2024 | 329.18 Mn |
| Jun 30, 2024 | 296.78 Mn |
| Mar 31, 2024 | 273.99 Bn |
| Dec 31, 2023 | -300.12 Mn |
| Sep 30, 2023 | 189.52 Mn |
| Jun 30, 2023 | 278.21 Mn |
| Mar 31, 2023 | 272,131.00 |
| Dec 31, 2022 | -316.17 Mn |
| Sep 30, 2022 | 253.47 Mn |
| Jun 30, 2022 | 237.56 Mn |
| Mar 31, 2022 | 310.22 Bn |
| Dec 31, 2021 | -179.96 Mn |
| Sep 30, 2021 | 123.53 Mn |
| Jun 30, 2021 | 117.14 Mn |
| Mar 31, 2021 | 129.33 Bn |
API Access
Ares Management Change in Accrued Expenses 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=change-in-accured-expenses&ticker=ARES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-accured-expenses", "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=change-in-accured-expenses&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();