Ares Management (ARES) Other Accumulated Expenses (2010 - 2026)
Ares Management (ARES) recorded Other Accumulated Expenses of $765.93 million in Q3 2026, up 22.2% from $626.59 million a year earlier but down 0.2% from the prior quarter.
Ares Management (ARES) Other Accumulated Expenses (2010 - 2026) Analysis & Trends
At the end of FY2025, Ares Management reported Other Accumulated Expenses of $810.41 million, up 61.9% from FY2024.
- Annual Other Accumulated Expenses has a five-year compound annual growth rate of 51.9% (FY2020 to FY2025).
- Across earlier years, Other Accumulated Expenses came in at $500.48 million in FY2024 (+105.3%), $243.81 million in FY2023 (-5.1%), $256.84 million in FY2022 (+29.4%) and $198.55 million in FY2021 (+98.2%).
- Quarterly Other Accumulated Expenses has ranged from $192.15 million in Q2 2023 to $810.41 million in Q4 2025 over the past five years.
- On a year-over-year basis, Other Accumulated Expenses has increased for ten consecutive quarters, with growth averaging 55.1% over the last eight quarters.
- Peak year-over-year performance for Other Accumulated Expenses in the last five years was growth of 105.3% in Q4 2024, against a decline of 5.1% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $767.14 million (Q2 2026), $796.8 million (Q1 2026) and $810.41 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn |
| 10 | Franco Nevada | 47.61 Bn | 43.98 Bn | 427.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 765.93 Mn |
| Jun 30, 2026 | 767.14 Mn |
| Mar 31, 2026 | 796.80 Mn |
| Dec 31, 2025 | 810.41 Mn |
| Sep 30, 2025 | 626.59 Mn |
| Jun 30, 2025 | 587.40 Mn |
| Mar 31, 2025 | 721.85 Mn |
| Dec 31, 2024 | 500.48 Mn |
| Sep 30, 2024 | 416.04 Mn |
| Jun 30, 2024 | 349.22 Mn |
| Mar 31, 2024 | 376.04 Mn |
| Dec 31, 2023 | 243.81 Mn |
| Sep 30, 2023 | 210.73 Mn |
| Jun 30, 2023 | 192.15 Mn |
| Dec 31, 2022 | 256.84 Mn |
| Dec 31, 2021 | 198.55 Mn |
| Sep 30, 2021 | 202.44 Mn |
| Jun 30, 2021 | 202.81 Mn |
| Mar 31, 2021 | 622,000.00 |
| Dec 31, 2020 | 100.19 Mn |
Ares Management Other Accumulated Expenses 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=other-accumulated-expenses&ticker=ARES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "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=other-accumulated-expenses&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();