Ares Management (ARES) Minority Interest (2013 - 2026)
Ares Management (ARES) posted Minority Interest of $4.92 billion for Q2 2026, up 26.2% from $3.9 billion a year earlier and up 13.4% from the prior quarter.
Ares Management (ARES) Minority Interest (2013 - 2026) Analysis & Trends
At the end of FY2025, Ares Management's Minority Interest came in at $4.4 billion, up 34.1% from FY2024.
- Annual Minority Interest has increased for seven consecutive years, with a five-year compound annual growth rate of 42.9% (FY2020 to FY2025).
- In prior years, Ares Management's Minority Interest was $3.28 billion in FY2024 (+27.1%), $2.58 billion in FY2023 (+16.8%), $2.21 billion in FY2022 (+101.6%) and $1.1 billion in FY2021 (+48.4%).
- The Q2 2026 figure stands as the highest quarterly Minority Interest since Q2 2015.
- On a year-over-year basis, Minority Interest has increased in each of the last 12 quarters, with growth averaging 44.1% over the last eight quarters.
- The strongest year-over-year quarter for Minority Interest in the past five years was Q1 2024, with growth of 434.7%; the weakest was Q1 2023, with a decline of 53.8%.
- According to Business Quant data, Minority Interest for the three prior quarters was $4.33 billion (Q1 2026), $4.4 billion (Q4 2025) and $4.13 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 174.92 Bn | 121.05 Bn | - |
| 2 | Spdr Gold Trust | 136.71 Bn | -421.29 Bn | - |
| 3 | Blackstone | 88.22 Bn | 78.20 Bn | - |
| 4 | Brookfield | 83.92 Bn | -99.40 Bn | - |
| 5 | Kkr | 79.85 Bn | -3.72 Mn | - |
| 6 | Brookfield Asset Management | 73.42 Bn | 68.22 Bn | - |
| 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 | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.92 Bn |
| Mar 31, 2026 | 4.33 Bn |
| Dec 31, 2025 | 4.40 Bn |
| Sep 30, 2025 | 4.13 Bn |
| Jun 30, 2025 | 3.90 Bn |
| Mar 31, 2025 | 3.76 Bn |
| Dec 31, 2024 | 3.28 Bn |
| Sep 30, 2024 | 3.23 Bn |
| Jun 30, 2024 | 3.20 Bn |
| Mar 31, 2024 | 2.71 Bn |
| Dec 31, 2023 | 2.58 Bn |
| Sep 30, 2023 | 1.24 Bn |
| Jun 30, 2023 | 1.02 Bn |
| Mar 31, 2023 | 506.74 Mn |
| Dec 31, 2022 | 2.21 Bn |
| Sep 30, 2022 | 1.10 Bn |
| Jun 30, 2022 | 1.09 Bn |
| Mar 31, 2022 | 1.10 Bn |
| Dec 31, 2021 | 1.10 Bn |
| Sep 30, 2021 | 1.32 Bn |
Ares Management Minority Interest 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=minority-interest&ticker=ARES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();