Ares Management (ARES) Non Operating Interest Expenses (2013 - 2026)
Ares Management's (ARES) quarterly Non Operating Interest Expenses came in at $104.3 million in Q2 2026, down 28.77% on a YoY basis from $146.5 million in Q2 2025, and down 24.84% quarter-over-quarter from $138.8 million in Q1 2026.
Analysis
Ares Management (ARES) Non Operating Interest Expenses (2013 - 2026) Analysis & Trends
Ares Management (ARES) has reported Non Operating Interest Expenses for 13 consecutive years, with $104.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non Operating Interest Expenses fell 28.77% year-over-year to $104.3 million; the trailing twelve-month figure through Jun 2026 stood at $542.8 million (down 24.77% YoY), and the FY2025 full-year result was $603.3 million, down 28.67% from the prior year.
- Non Operating Interest Expenses fell to $104.3 million in Q2 2026 per ARES's latest filing, from $138.8 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $680.8 million in Q4 2023 and bottomed at $15.6 million in Q1 2022.
- Historically, Non Operating Interest Expenses has averaged $140.1 million across 5 years, with a median of $140.9 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Non Operating Interest Expenses plunged 79.01% in 2022, then soared 3273.32% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $20.2 million in 2022, then jumped by 3273.32% to $680.8 million in 2023, then sank by 68.26% to $216.1 million in 2024, then slumped by 33.85% to $142.9 million in 2025, then declined by 27.01% to $104.3 million in 2026.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $104.3 million, $138.8 million, and $142.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 107.26 Bn | 104.75 Bn | - | 145.02 Mn |
| 2 | Kkr | 94.91 Bn | -182.16 Bn | - | 702.75 Mn |
| 3 | Brookfield | 88.30 Bn | 57.51 Bn | 19.38 Bn | -189.00 Mn |
| 4 | Apollo Global Management | 78.20 Bn | 52.83 Bn | 10.54 Bn | - |
| 5 | Brookfield Asset Management | 78.08 Bn | 76.58 Bn | - | 118.00 Mn |
| 6 | Wheaton Precious Metals | 70.42 Bn | 70.32 Bn | 687.86 Mn | 31.10 Mn |
| 7 | Franco Nevada | 50.91 Bn | 49.37 Bn | 451.00 Mn | -700,000.00 |
| 8 | Ares Management | 31.30 Bn | 31.30 Bn | - | 104.33 Mn |
| 9 | Carlyle | 16.48 Bn | 15.22 Bn | - | 38.20 Mn |
| 10 | Tpg | 8.40 Bn | 7.45 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 104.33 Mn |
| Mar 31, 2026 | 138.80 Mn |
| Dec 31, 2025 | 142.94 Mn |
| Sep 30, 2025 | 156.70 Mn |
| Jun 30, 2025 | 146.47 Mn |
| Mar 31, 2025 | 157.38 Mn |
| Dec 31, 2024 | 216.10 Mn |
| Sep 30, 2024 | 201.56 Mn |
| Jun 30, 2024 | 218.69 Mn |
| Mar 31, 2024 | 209.44 Mn |
| Dec 31, 2023 | 680.80 Mn |
| Sep 30, 2023 | 25.98 Mn |
| Jun 30, 2023 | 25.84 Mn |
| Mar 31, 2023 | 24.99 Mn |
| Dec 31, 2022 | 20.18 Mn |
| Sep 30, 2022 | 18.31 Mn |
| Jun 30, 2022 | 17.22 Mn |
| Mar 31, 2022 | 15.65 Mn |
| Dec 31, 2021 | 11.64 Mn |
| Sep 30, 2021 | 11.52 Mn |