Ares Management (ARES) Intangibles (2013 - 2026)
Ares Management (ARES) reported Intangibles of $730.78 million for Q2 2026, down 19.0% from $902.67 million a year earlier and down 6.0% from the prior quarter.
Ares Management (ARES) Intangibles (2013 - 2026) Analysis & Trends
At the end of FY2025, Ares Management posted Intangibles of $798.43 million, up 95.7% from FY2024.
- Intangibles has a five-year compound annual growth rate of 29.2% (FY2020 to FY2025).
- By year, Intangibles came in at $408.03 million in FY2024 (-16.8%), $490.7 million in FY2023 (-23.4%), $640.42 million in FY2022 (-16.7%) and $768.82 million in FY2021 (+246.2%).
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q4 2024.
- Year over year, Intangibles gained in four of the last eight quarters, with growth averaging 44.3%.
- The high point for year-over-year Intangibles in five years was Q4 2021 (growth of 246.2%); the low point was Q3 2023 (a decline of 30.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $777.4 million (Q1 2026), $798.43 million (Q4 2025) and $848.85 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.92 Bn | 121.05 Bn | - | 27.42 Bn |
| 2 | Spdr Gold Trust | 136.71 Bn | -421.29 Bn | - | - |
| 3 | Blackstone | 88.22 Bn | 78.20 Bn | - | 113.29 Mn |
| 4 | Brookfield | 83.92 Bn | -99.40 Bn | - | 37.16 Bn |
| 5 | Kkr | 79.85 Bn | -3.72 Mn | - | 6.04 Bn |
| 6 | Brookfield Asset Management | 73.42 Bn | 68.22 Bn | - | 222.00 Mn |
| 7 | Apollo Global Management | 65.92 Bn | -16.87 Bn | 10.56 Bn | - |
| 8 | Wheaton Precious Metals | 59.50 Bn | 54.92 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 46.38 Bn | 43.74 Bn | 451.00 Mn | - |
| 10 | Ares Management | 26.29 Bn | 20.05 Bn | - | 730.78 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 730.78 Mn |
| Mar 31, 2026 | 777.40 Mn |
| Dec 31, 2025 | 798.43 Mn |
| Sep 30, 2025 | 848.85 Mn |
| Jun 30, 2025 | 902.67 Mn |
| Mar 31, 2025 | 959.45 Mn |
| Dec 31, 2024 | 408.03 Mn |
| Sep 30, 2024 | 402.18 Mn |
| Jun 30, 2024 | 433.33 Mn |
| Mar 31, 2024 | 462.28 Mn |
| Dec 31, 2023 | 490.70 Mn |
| Sep 30, 2023 | 465.79 Mn |
| Jun 30, 2023 | 562.87 Mn |
| Mar 31, 2023 | 598.81 Mn |
| Dec 31, 2022 | 640.42 Mn |
| Sep 30, 2022 | 670.31 Mn |
| Jun 30, 2022 | 799.68 Mn |
| Mar 31, 2022 | 836.59 Mn |
| Dec 31, 2021 | 768.82 Mn |
| Sep 30, 2021 | 798.69 Mn |
Ares Management Intangibles 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=intangibles&ticker=ARES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();