Ares Management (ARES) Non Operating Income (2013 - 2026)
Ares Management's Non Operating Income was $137.31 million in Q2 2026, up 84.6% from $74.39 million a year earlier and up 61.6% from the prior quarter.
Powered by 
Analysis
Ares Management (ARES) Non Operating Income (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ares Management's Non Operating Income was $475.49 million through Jun 30, 2026, up 51.0% year-over-year; for FY2025, it came in at $394.18 million, up 19.7% from FY2024.
- Non Operating Income shows a five-year compound annual growth rate of 43.0% (FY2020 to FY2025).
- In earlier years, Non Operating Income was $329.26 million in FY2024 (-34.0%), $499.04 million in FY2023 (+144.1%), $204.45 million in FY2022 (-22.5%) and $263.68 million in FY2021 (+300.0%).
- Quarterly Non Operating Income has moved between -$49.63 million (Q4 2025) and $302.86 million (Q3 2025) over five years.
- Compared with a year earlier, Non Operating Income was higher in four of the last seven quarters, with growth averaging 69.2%.
- The best year-over-year quarter for Non Operating Income over five years was Q2 2023 (growth of 583.2%); the worst was Q3 2022 (a decline of 67.3%).
- Per Business Quant data, ARES's Non Operating Income in the three quarters before Q2 2026 was $84.95 million (Q1 2026), -$49.63 million (Q4 2025) and $302.86 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.75 Bn | 120.88 Bn | - | 258.00 Mn |
| 2 | Spdr Gold Trust | 137.39 Bn | -420.61 Bn | - | - |
| 3 | Blackstone | 85.63 Bn | 75.61 Bn | - | - |
| 4 | Brookfield | 81.94 Bn | -101.37 Bn | - | - |
| 5 | Kkr | 77.88 Bn | -1.97 Bn | - | - |
| 6 | Brookfield Asset Management | 72.12 Bn | 66.93 Bn | - | - |
| 7 | Apollo Global Management | 65.73 Bn | -17.07 Bn | 10.56 Bn | 73.00 Mn |
| 8 | Wheaton Precious Metals | 59.93 Bn | 55.35 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 46.57 Bn | 43.94 Bn | 451.00 Mn | 7.10 Mn |
| 10 | Ares Management | 25.54 Bn | 19.30 Bn | - | 137.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 137.31 Mn |
| Mar 31, 2026 | 84.95 Mn |
| Dec 31, 2025 | -49.63 Mn |
| Sep 30, 2025 | 302.86 Mn |
| Jun 30, 2025 | 74.39 Mn |
| Mar 31, 2025 | 66.56 Mn |
| Dec 31, 2024 | 121.64 Mn |
| Sep 30, 2024 | 52.25 Mn |
| Jun 30, 2024 | 93.19 Mn |
| Mar 31, 2024 | 62.18 Mn |
| Dec 31, 2023 | 199.64 Mn |
| Sep 30, 2023 | 116.58 Mn |
| Jun 30, 2023 | 126.42 Mn |
| Mar 31, 2023 | 56.40 Mn |
| Dec 31, 2022 | 91.52 Mn |
| Sep 30, 2022 | 36.43 Mn |
| Jun 30, 2022 | 18.50 Mn |
| Mar 31, 2022 | 57.99 Mn |
| Dec 31, 2021 | 45.67 Mn |
| Sep 30, 2021 | 111.54 Mn |
API Access
Ares Management Non Operating Income 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=non-operating-income&ticker=ARES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-income", "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=non-operating-income&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();