Ares Management (ARES) EV to FCF (2014 - 2026)
Ares Management's (ARES) EV to FCF was 51.62 for Q2 2026, up 220.1% from 16.12 a year earlier and up 97.6% from the prior quarter.
Ares Management (ARES) EV to FCF (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ares Management's EV to FCF came in at 46.37, up 218.4% year-over-year; for FY2025, it came in at 18.99, down 15.9% from FY2024.
- By year, EV to FCF came in at 22.57 in FY2024.
- The Q2 2026 figure ranks as the highest quarterly EV to FCF since Q2 2024.
- Year over year, EV to FCF gained in two of the last six quarters, with growth averaging 11.4%.
- Per Business Quant data, the three quarters before Q2 2026 came in at 26.12 (Q1 2026), 18.99 (Q4 2025) and 12.22 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 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 | - |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - |
| 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 |
| 10 | Franco Nevada | 49.31 Bn | 46.68 Bn | 451.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 76.36 |
| Dec 31, 2025 | 1.95 |
| Sep 30, 2025 | 1.18 |
| Jun 30, 2025 | 20.85 |
| Mar 31, 2025 | 17.48 |
| Dec 31, 2024 | 0.81 |
| Sep 30, 2024 | 95.91 |
| Jun 30, 2024 | 80.64 |
| Mar 31, 2024 | 70.95 |
| Dec 31, 2023 | 61.27 |
| Sep 30, 2023 | 30.88 |
| Jun 30, 2023 | 29.11 |
| Mar 31, 2023 | 27.35 |
| Dec 31, 2022 | 49.58 |
| Sep 30, 2019 | 1,120.71 |
| Jun 30, 2016 | 20.42 |
| Mar 31, 2016 | 43.82 |
| Dec 31, 2014 | -2.22 |
| Sep 30, 2014 | 2.22 |
| Jun 30, 2014 | 1.97 |
Ares Management EV to FCF 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=ev-to-fcf&ticker=ARES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();