Ares Management (ARES) Non-Current Debt (2013 - 2026)
Ares Management's (ARES) quarterly Non-Current Debt came in at $4.6 billion in Q2 2026, up 24.54% on a YoY basis from $3.7 billion in Q2 2025, and up 4.35% quarter-over-quarter from $4.4 billion in Q1 2026.
Analysis
Ares Management (ARES) Non-Current Debt (2013 - 2026) Analysis & Trends
Ares Management (ARES) has reported Non-Current Debt for 14 consecutive years, with $4.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Debt rose 24.54% year-over-year to $4.6 billion; the trailing twelve-month figure through Jun 2026 stood at $4.6 billion (up 24.54% YoY), and the FY2025 full-year result was $3.9 billion, up 54.03% from the prior year.
- Non-Current Debt rose to $4.6 billion in Q2 2026 per ARES's latest filing, from $4.4 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $11.2 billion in Q2 2022 and bottomed at $2.0 billion in Q3 2022.
- Historically, Non-Current Debt has averaged $3.9 billion across 5 years, with a median of $3.0 billion in 2023.
- The sharpest annual moves came in 2022 and 2025: Non-Current Debt sank 80.41% in 2022, then soared 54.03% in 2025.
- Over 5 years, Non-Current Debt stood at $2.3 billion in 2022, then surged by 30.42% to $3.0 billion in 2023, then retreated by 13.71% to $2.6 billion in 2024, then jumped by 54.03% to $3.9 billion in 2025, then increased by 16.13% to $4.6 billion in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $4.6 billion, $4.4 billion, and $3.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 102.43 Bn | 104.87 Bn | - | 13.19 Bn |
| 2 | Kkr | 96.71 Bn | -180.36 Bn | - | - |
| 3 | Brookfield Asset Management | 80.84 Bn | 80.57 Bn | - | 3.47 Bn |
| 4 | Apollo Global Management | 76.99 Bn | 72.09 Bn | 10.54 Bn | 13.73 Bn |
| 5 | Wheaton Precious Metals | 70.37 Bn | 70.27 Bn | 687.86 Mn | 1.97 Bn |
| 6 | Franco Nevada | 51.31 Bn | 49.77 Bn | 451.00 Mn | - |
| 7 | Ares Management | 50.50 Bn | 55.42 Bn | - | 4.58 Bn |
| 8 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | - |
| 9 | Tpg | 20.58 Bn | 22.14 Bn | - | 2.34 Bn |
| 10 | Blue Owl Capital | 18.30 Bn | 21.75 Bn | - | 3.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.58 Bn |
| Mar 31, 2026 | 4.39 Bn |
| Dec 31, 2025 | 3.94 Bn |
| Sep 30, 2025 | 3.68 Bn |
| Jun 30, 2025 | 3.68 Bn |
| Mar 31, 2025 | 3.54 Bn |
| Dec 31, 2024 | 2.56 Bn |
| Sep 30, 2024 | 2.54 Bn |
| Jun 30, 2024 | 2.57 Bn |
| Mar 31, 2024 | 3.05 Bn |
| Dec 31, 2023 | 2.97 Bn |
| Sep 30, 2023 | 2.34 Bn |
| Jun 30, 2023 | 2.30 Bn |
| Mar 31, 2023 | 2.37 Bn |
| Dec 31, 2022 | 2.27 Bn |
| Sep 30, 2022 | 2.02 Bn |
| Jun 30, 2022 | 11.23 Bn |
| Mar 31, 2022 | 10.68 Bn |
| Dec 31, 2021 | 1.50 Bn |
| Sep 30, 2021 | 10.30 Bn |