Ares Management (ARES) FCF Margin (2013 - 2026)

Ares Management (ARES) reported FCF Margin of 27.99% for Q1 2026, down 16835.0% on a YoY basis from N/an in Q1 2025, and up 234.7% quarter-over-quarter from 20.78% in Q4 2025.

Ares Management (ARES) FCF Margin (2013 - 2026) Analysis & Trends

Ares Management has reported FCF Margin for 14 years, with the latest figure at 27.99% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 16835.0% year-over-year to 27.99%; the trailing twelve-month figure through Mar 2026 stood at 26.92% (down 6465.0% YoY), and the FY2025 full-year result was 57.03%, down 1246.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 27.99%, up from 20.78% in the prior quarter.
  • The five-year high for FCF Margin was 196.34% in Q1 2025, with the low at 133.39% in Q2 2022.
  • Historically, FCF Margin has averaged 29.09% across 5 years, with a median of 38.96% in 2022.
  • Annual changes were most pronounced in 2022 — FCF Margin surged 15202 bps — and 2026, when it tumbled 16835 bps.
  • Ares Management's FCF Margin stood at 25.96% in 2022, then tumbled by 113 bps to 55.32% in 2023, then soared by 201 bps to 55.74% in 2024, then slumped by 137 bps to 20.78% in 2025, then surged by 235 bps to 27.99% in 2026.
  • The last three FCF Margin figures came in at 27.99% (Q1 2026), 20.78% (Q4 2025), and 115.33% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -16.21%
2 Blackstone 96.85 Bn 95.80 Bn - 26.47%
3 Kkr 86.45 Bn 133.96 Bn - 39.82%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 32.02%
5 State Street 46.95 Bn 21.27 Bn - -327.00%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 8.80%
7 Northern Trust 31.92 Bn 31.92 Bn - -24.56%
8 Raymond James Financial 30.62 Bn 19.37 Bn - 24.73%
9 Ares Management 29.04 Bn 32.41 Bn - 27.99%
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 13.35%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.99%
Dec 31, 2025 -20.78%
Sep 30, 2025 115.33%
Jun 30, 2025 37.74%
Mar 31, 2025 196.34%
Dec 31, 2024 55.74%
Sep 30, 2024 72.09%
Jun 30, 2024 51.09%
Mar 31, 2024 92.96%
Dec 31, 2023 -55.32%
Sep 30, 2023 43.98%
Jun 30, 2023 -90.60%
Mar 31, 2023 85.90%
Dec 31, 2022 -25.96%
Sep 30, 2022 2.43%
Jun 30, 2022 -133.39%
Mar 31, 2022 38.96%
Dec 31, 2021 -27.46%
Sep 30, 2021 -82.42%
Jun 30, 2021 -25.69%