Ares Management (ARES) Shares Outstanding (Diluted Average) (2014 - 2026)
Ares Management posted quarterly Shares Outstanding (Diluted Average) of $224.0 million for Q1 2026, up 7.01% year-on-year from $209.4 million in Q1 2025, and up 3.07% on a QoQ basis from $217.4 million in Q4 2025.
Ares Management (ARES) has 13 years of Shares Outstanding (Diluted Average) data on file, last reported at $224.0 million in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 7.01% year-over-year to $224.0 million; the trailing twelve-month figure through Mar 2026 stood at $224.0 million (up 7.01% YoY), and the FY2025 full-year result was $217.4 million, up 9.75% from the prior year.
- Shares Outstanding (Diluted Average) for Q1 2026 stood at $224.0 million, up from $217.4 million in the prior quarter.
- Across five years, Shares Outstanding (Diluted Average) topped out at $224.0 million in Q1 2026 and bottomed at $174.2 million in Q1 2022.
- The 5-year median for Shares Outstanding (Diluted Average) is $195.8 million (2023), against an average of $195.7 million.
- The widest annual swing landed in 2022, when Shares Outstanding (Diluted Average) declined 2.55%; it then increased 11.59% in 2025.
- A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $175.5 million in 2022, then grew by 11.54% to $195.8 million in 2023, then climbed by 1.17% to $198.1 million in 2024, then increased by 9.75% to $217.4 million in 2025, then rose by 3.07% to $224.0 million in 2026.
- The last three Shares Outstanding (Diluted Average) figures came in at $224.0 million (Q1 2026), $217.4 million (Q4 2025), and $219.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 786.30 Mn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 954.22 Mn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 1.62 Bn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 594.90 Mn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 282.87 Mn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | - |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 186.54 Mn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 224.03 Mn |
| 10 | Raymond James Financial | 28.62 Bn | 17.38 Bn | - | 199.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 224.03 Mn |
| Dec 31, 2025 | 217.36 Mn |
| Sep 30, 2025 | 219.88 Mn |
| Jun 30, 2025 | 218.92 Mn |
| Mar 31, 2025 | 209.35 Mn |
| Dec 31, 2024 | 198.05 Mn |
| Sep 30, 2024 | 200.72 Mn |
| Jun 30, 2024 | 196.19 Mn |
| Mar 31, 2024 | 192.62 Mn |
| Dec 31, 2023 | 195.77 Mn |
| Sep 30, 2023 | 182.76 Mn |
| Jun 30, 2023 | 192.16 Mn |
| Mar 31, 2023 | 178.98 Mn |
| Dec 31, 2022 | 175.51 Mn |
| Sep 30, 2022 | 175.63 Mn |
| Jun 30, 2022 | 174.69 Mn |
| Mar 31, 2022 | 174.22 Mn |
| Dec 31, 2021 | 180.11 Mn |
| Sep 30, 2021 | 177.14 Mn |
| Jun 30, 2021 | 172.39 Mn |
| Mar 31, 2021 | 163.66 Mn |
| Dec 31, 2020 | 149.51 Mn |
| Sep 30, 2020 | 131.87 Mn |
| Jun 30, 2020 | 126.00 Mn |
| Mar 31, 2020 | 118.37 Mn |
| Dec 31, 2019 | 119.88 Mn |
| Sep 30, 2019 | 116.42 Mn |
| Jun 30, 2019 | 113.66 Mn |
| Mar 31, 2019 | 110.70 Mn |
| Dec 31, 2018 | 96.02 Mn |
| Sep 30, 2018 | 94.17 Mn |
| Jun 30, 2018 | 91.86 Mn |
| Mar 31, 2018 | 213.85 Mn |
| Dec 31, 2017 | 81.84 Mn |
| Sep 30, 2017 | 81.70 Mn |
| Jun 30, 2017 | 81.47 Mn |
| Mar 31, 2017 | 81.11 Mn |
| Dec 31, 2016 | 82.94 Mn |
| Sep 30, 2016 | 84.46 Mn |
| Jun 30, 2016 | 82.33 Mn |
| Mar 31, 2016 | 80.68 Mn |
| Dec 31, 2015 | 80.67 Mn |
| Sep 30, 2015 | 80.68 Mn |
| Mar 31, 2015 | 80.67 Mn |
| Dec 31, 2014 | 80.36 Mn |
| Sep 30, 2014 | 80.82 Mn |