Ares Management (ARES) Invested Capital (2013 - 2026)
Ares Management's (ARES) quarterly Invested Capital came in at $13.2 billion in Q2 2026, up 10.45% on a YoY basis from $11.9 billion in Q2 2025, and up 3.4% quarter-over-quarter from $12.7 billion in Q1 2026.
Analysis
Ares Management (ARES) Invested Capital (2013 - 2026) Analysis & Trends
Ares Management (ARES) has reported Invested Capital for 14 consecutive years, with $13.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital rose 10.45% year-over-year to $13.2 billion; the trailing twelve-month figure through Jun 2026 stood at $13.2 billion (up 10.45% YoY), and the FY2025 full-year result was $12.6 billion, up 34.47% from the prior year.
- Invested Capital improved to $13.2 billion in Q2 2026 per ARES's latest filing, from $12.7 billion in the prior quarter.
- Across five years, Invested Capital topped out at $14.9 billion in Q2 2022 and bottomed at $5.5 billion in Q3 2022.
- Historically, Invested Capital has averaged $9.7 billion across 5 years, with a median of $8.6 billion in 2024.
- The sharpest annual moves came in 2022 and 2025: Invested Capital slumped 60.37% in 2022, then surged 56.41% in 2025.
- Over 5 years, Invested Capital stood at $6.1 billion in 2022, then gained by 22.52% to $7.4 billion in 2023, then gained by 26.12% to $9.4 billion in 2024, then surged by 34.47% to $12.6 billion in 2025, then grew by 4.45% to $13.2 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $13.2 billion, $12.7 billion, and $12.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 102.43 Bn | 104.87 Bn | - | 34.26 Bn |
| 2 | Kkr | 96.71 Bn | -180.36 Bn | - | - |
| 3 | Brookfield | 90.53 Bn | 59.96 Bn | 19.38 Bn | 18.80 Bn |
| 4 | Brookfield Asset Management | 80.84 Bn | 80.57 Bn | - | 12.65 Bn |
| 5 | Apollo Global Management | 76.99 Bn | 72.09 Bn | 10.54 Bn | 55.21 Bn |
| 6 | Wheaton Precious Metals | 70.37 Bn | 70.27 Bn | 687.86 Mn | 11.67 Bn |
| 7 | Franco Nevada | 51.31 Bn | 49.77 Bn | 451.00 Mn | - |
| 8 | Ares Management | 50.50 Bn | 55.42 Bn | - | 13.18 Bn |
| 9 | Tpg | 20.58 Bn | 22.14 Bn | - | 6.09 Bn |
| 10 | Blue Owl Capital | 18.30 Bn | 21.75 Bn | - | 9.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.18 Bn |
| Mar 31, 2026 | 12.75 Bn |
| Dec 31, 2025 | 12.62 Bn |
| Sep 30, 2025 | 12.28 Bn |
| Jun 30, 2025 | 11.93 Bn |
| Mar 31, 2025 | 11.76 Bn |
| Dec 31, 2024 | 9.38 Bn |
| Sep 30, 2024 | 7.85 Bn |
| Jun 30, 2024 | 7.76 Bn |
| Mar 31, 2024 | 7.52 Bn |
| Dec 31, 2023 | 7.44 Bn |
| Sep 30, 2023 | 6.36 Bn |
| Jun 30, 2023 | 6.29 Bn |
| Mar 31, 2023 | 6.45 Bn |
| Dec 31, 2022 | 6.07 Bn |
| Sep 30, 2022 | 5.49 Bn |
| Jun 30, 2022 | 14.90 Bn |
| Mar 31, 2022 | 14.35 Bn |
| Dec 31, 2021 | 5.32 Bn |
| Sep 30, 2021 | 13.84 Bn |