Ares Management (ARES) Other Working Capital Changes (2019 - 2026)
Ares Management (ARES) recorded Other Working Capital Changes of $92.39 million in Q2 2026, compared with -$45.51 million a year earlier and up 69.0% from the prior quarter.
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Analysis
Ares Management (ARES) Other Working Capital Changes (2019 - 2026) Analysis & Trends
On a TTM basis, Ares Management's Other Working Capital Changes came in at $48.91 million as of Jun 30, 2026, down 88.4% year-over-year; for FY2025, it came in at $228.41 million, down 9.6% from FY2024.
- Annual Other Working Capital Changes has a five-year compound annual growth rate of 44.2% (FY2020 to FY2025).
- Across earlier years, Other Working Capital Changes came in at $252.64 million in FY2024, -$21.53 million in FY2023, $105.21 million in FY2022 and -$213.83 million in FY2021.
- Quarterly Other Working Capital Changes has ranged from -$258.91 million in Q4 2025 to $372.07 million in Q1 2025 over the past five years.
- Per Business Quant, the preceding three quarters came in at $54.68 million (Q1 2026), -$258.91 million (Q4 2025) and $160.76 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn |
| 10 | Ares Management | 42.86 Bn | 47.78 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 92.39 Mn |
| Mar 31, 2026 | 54.68 Mn |
| Sep 30, 2025 | 160.76 Mn |
| Jun 30, 2025 | -45.51 Mn |
| Mar 31, 2025 | 372.07 Mn |
| Sep 30, 2024 | 101.00 Mn |
| Jun 30, 2024 | 53.41 Mn |
| Mar 31, 2024 | 103.98 Mn |
| Sep 30, 2023 | 8.37 Mn |
| Jun 30, 2023 | -9.11 Mn |
| Mar 31, 2023 | 139.85 Mn |
| Sep 30, 2022 | 156.49 Mn |
| Jun 30, 2022 | 24.81 Mn |
| Mar 31, 2022 | 132.35 Mn |
| Sep 30, 2021 | -19.79 Mn |
| Jun 30, 2021 | -122.24 Mn |
| Mar 31, 2021 | -11.34 Mn |
| Sep 30, 2020 | 14.52 Mn |
| Jun 30, 2020 | 163.34 Mn |
| Mar 31, 2020 | 188.51 Mn |
API Access
Ares Management Other Working Capital Changes 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-working-capital-changes&ticker=ARES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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-working-capital-changes&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();