Ares Management (ARES) Return on Invested Capital [ROIC] (2014 - 2026)
Ares Management (ARES) recorded Return on Invested Capital [ROIC] of -19.43% in Q3 2026, down 1.76 percentage points from -17.67% a year earlier and down 0.77 percentage points from the prior quarter.
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Analysis
Ares Management (ARES) Return on Invested Capital [ROIC] (2014 - 2026) Analysis & Trends
For FY2025, Ares Management reported Return on Invested Capital [ROIC] of -21.43%, down 0.77 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of -15.15 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -20.67% in FY2024 (+1.45 pp), -22.12% in FY2023 (+5.49 pp), -27.61% in FY2022 (-15.48 pp) and -12.13% in FY2021 (-5.85 pp).
- The Q3 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q2 2025.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in six of the last eight quarters, with an average year-over-year change of +1169.19 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 10073.85 percentage points in Q1 2024, against a drop of 10047.50 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -18.66% (Q2 2026), -18.48% (Q1 2026) and -18.94% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 9.65% |
| 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 | - | 21.77% |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | -4.58% |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | 39.58% |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | 1.14% |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn | 22.20% |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn | -19.43% |
| 10 | Franco Nevada | 47.61 Bn | 43.98 Bn | 427.60 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -19.43% |
| Jun 30, 2026 | -18.66% |
| Mar 31, 2026 | -18.48% |
| Dec 31, 2025 | -18.94% |
| Sep 30, 2025 | -17.67% |
| Jun 30, 2025 | -31.37% |
| Mar 31, 2025 | -44.38% |
| Dec 31, 2024 | -51.98% |
| Sep 30, 2024 | -56.46% |
| Jun 30, 2024 | -35.83% |
| Mar 31, 2024 | -20.86% |
| Dec 31, 2023 | -9,315.91% |
| Sep 30, 2023 | -10,079.00% |
| Jun 30, 2023 | -10,038.06% |
| Mar 31, 2023 | -10,094.71% |
| Dec 31, 2022 | -10,066.16% |
| Sep 30, 2022 | -5,733.72% |
| Jun 30, 2022 | -3,994.99% |
| Mar 31, 2022 | -5,942.73% |
| Dec 31, 2021 | -18.66% |
API Access
Ares Management Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=ARES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();