Ares Management (ARES) Net Income Attributable to Noncontrolling Interests (2010 - 2026)
Ares Management (ARES) recorded Net Income Attributable to Noncontrolling Interests of $77.23 million in Q3 2026, up 14.6% from $67.41 million a year earlier and up 8.4% from the prior quarter.
Ares Management (ARES) Net Income Attributable to Noncontrolling Interests (2010 - 2026) Analysis & Trends
On a TTM basis, Ares Management's Net Income Attributable to Noncontrolling Interests came in at $304.64 million as of Sep 30, 2026, up 63.2% year-over-year; for FY2025, it came in at $253.9 million, down 14.2% from FY2024.
- Annual Net Income Attributable to Noncontrolling Interests has a five-year compound annual growth rate of 7.9% (FY2020 to FY2025).
- Across earlier years, Net Income Attributable to Noncontrolling Interests came in at $295.77 million in FY2024 (+7.8%), $274.3 million in FY2023 (+129.9%), $119.33 million in FY2022 (-0.9%) and $120.37 million in FY2021 (-30.6%).
- Quarterly Net Income Attributable to Noncontrolling Interests has ranged from -$246.53 million in Q4 2021 to $126.52 million in Q4 2025 over the past five years.
- On a year-over-year basis, Net Income Attributable to Noncontrolling Interests rose in three of the last seven quarters, with an average decline of 9.6%.
- Peak year-over-year performance for Net Income Attributable to Noncontrolling Interests in the last five years was growth of 320.6% in Q4 2023, against a decline of 96.2% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $71.24 million (Q2 2026), $29.65 million (Q1 2026) and $126.52 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCI Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 430.00 Mn |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - | - |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - | -609.00 Mn |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - | 106.76 Mn |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | 72.21 Mn |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | 256.00 Mn |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | -65.00 Mn |
| 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 | 77.23 Mn |
| 10 | Franco Nevada | 47.61 Bn | 43.98 Bn | 427.60 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 77.23 Mn |
| Jun 30, 2026 | 71.24 Mn |
| Mar 31, 2026 | 29.65 Mn |
| Dec 31, 2025 | 126.52 Mn |
| Sep 30, 2025 | 67.41 Mn |
| Jun 30, 2025 | 4.00 Mn |
| Mar 31, 2025 | 55.98 Mn |
| Dec 31, 2024 | 59.33 Mn |
| Sep 30, 2024 | 64.24 Mn |
| Jun 30, 2024 | 105.49 Mn |
| Mar 31, 2024 | 66.72 Mn |
| Dec 31, 2023 | 99.63 Mn |
| Sep 30, 2023 | 80.29 Mn |
| Jun 30, 2023 | 67.68 Mn |
| Mar 31, 2023 | 26.69 Mn |
| Dec 31, 2022 | 23.69 Mn |
| Sep 30, 2022 | -29.67 Mn |
| Jun 30, 2022 | 29.35 Mn |
| Mar 31, 2022 | 94.64 Mn |
| Dec 31, 2021 | -246.53 Mn |
Ares Management Net Income Attributable to Noncontrolling Interests 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=income-from-non-controlling-interests&ticker=ARES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "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=income-from-non-controlling-interests&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();