Ares Management (ARES) Income from Non-Controlling Interests (2013 - 2026)
Ares Management (ARES) recorded Income from Non-Controlling Interests of $71.24 million in Q2 2026, compared with $4 million a year earlier and up 140.3% from the prior quarter.
Ares Management (ARES) Income from Non-Controlling Interests (2013 - 2026) Analysis & Trends
On a TTM basis, Ares Management's Income from Non-Controlling Interests came in at $294.82 million as of Jun 30, 2026, up 60.6% year-over-year; for FY2025, it came in at $253.9 million, down 14.2% from FY2024.
- Annual Income from Non-Controlling Interests has a five-year compound annual growth rate of 7.9% (FY2020 to FY2025).
- Across earlier years, Income from Non-Controlling 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 Income from Non-Controlling Interests has ranged from -$246.53 million in Q4 2021 to $131.66 million in Q3 2021 over the past five years.
- On a year-over-year basis, Income from Non-Controlling Interests rose in two of the last seven quarters, with an average decline of 14.5%.
- Peak year-over-year performance for Income from Non-Controlling 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 $29.65 million (Q1 2026), $126.52 million (Q4 2025) and $67.41 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 173.27 Bn | 119.63 Bn | - | 150.00 Mn |
| 2 | Spdr Gold Trust | 129.05 Bn | -428.96 Bn | - | - |
| 3 | Blackstone | 88.78 Bn | 83.71 Bn | - | 175.65 Mn |
| 4 | Brookfield | 85.33 Bn | -97.75 Bn | - | 339.00 Mn |
| 5 | Kkr | 82.00 Bn | 48.48 Bn | - | - |
| 6 | Brookfield Asset Management | 75.12 Bn | 71.37 Bn | - | 201.00 Mn |
| 7 | Apollo Global Management | 64.96 Bn | 2.65 Bn | 10.56 Bn | 728.00 Mn |
| 8 | Wheaton Precious Metals | 54.88 Bn | 50.30 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 44.09 Bn | 41.46 Bn | 451.00 Mn | - |
| 10 | Ares Management | 43.97 Bn | 42.65 Bn | - | 71.24 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 131.66 Mn |
Ares Management Income from Non-Controlling 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_KEY
import 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();