Ares Management (ARES) Shares Outstanding (Entity) (2013 - 2026)
Ares Management (ARES) reported Shares Outstanding (Entity) of 360.2 million for Q2 2026, up 1.0% from 356.65 million a year earlier and up 0.1% from the prior quarter.
Ares Management (ARES) Shares Outstanding (Entity) (2013 - 2026) Analysis & Trends
For FY2025, Ares Management posted Shares Outstanding (Entity) of 357.04 million, up 4.6% from FY2024.
- Shares Outstanding (Entity) has increased for four consecutive years, though with a five-year compound annual growth rate of -2.1% (FY2020 to FY2025).
- By year, Shares Outstanding (Entity) came in at 341.17 million in FY2024 (+10.9%), 307.59 million in FY2023 (+4.4%), 294.61 million in FY2022 (+1.4%) and 290.45 million in FY2021 (-26.8%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding (Entity) since Q4 2020.
- Year over year, Shares Outstanding (Entity) has now increased in each of the last 18 quarters, with growth averaging 6.7% over the last eight quarters.
- The high point for year-over-year Shares Outstanding (Entity) in five years was Q2 2022 (growth of 32.9%); the low point was Q4 2021 (a decline of 26.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 359.78 million (Q1 2026), 357.04 million (Q4 2025) and 326.85 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 Bn | - | 154.61 Mn |
| 2 | Spdr Gold Trust | 130.03 Bn | -427.97 Bn | - | 352.00 Mn |
| 3 | Brookfield | 104.97 Bn | -79.04 Bn | - | - |
| 4 | Blackstone | 93.15 Bn | 87.36 Bn | - | 760.15 Mn |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn | 896.29 Mn |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - | 1.60 Bn |
| 7 | Apollo Global Management | 72.50 Bn | 89.29 Bn | 4.14 Bn | 590.67 Mn |
| 8 | Wheaton Precious Metals | 62.02 Bn | 62.02 Bn | 538.50 Mn | - |
| 9 | Ares Management | 50.21 Bn | 48.79 Bn | 376.28 Mn | 360.29 Mn |
| 10 | Franco Nevada | 49.31 Bn | 46.68 Bn | 451.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 360.29 Mn |
| Jun 30, 2026 | 360.20 Mn |
| Mar 31, 2026 | 359.78 Mn |
| Dec 31, 2025 | 7.46 Mn |
| Sep 30, 2025 | 7.38 Mn |
| Mar 31, 2025 | 356.50 Mn |
| Dec 31, 2024 | 5.17 Mn |
| Sep 30, 2024 | 313.06 Mn |
| Jun 30, 2024 | 312.51 Mn |
| Mar 31, 2024 | 309.67 Mn |
| Sep 30, 2023 | 305.98 Mn |
| Jun 30, 2023 | 304.40 Mn |
| Mar 31, 2023 | 301.80 Mn |
| Dec 31, 2022 | 294.61 Mn |
| Sep 30, 2022 | 294.17 Mn |
| Jun 30, 2022 | 293.78 Mn |
| Mar 31, 2022 | 293.42 Mn |
| Dec 31, 2021 | 293.26 Mn |
| Sep 30, 2021 | 222.29 Mn |
| Jun 30, 2021 | 221.07 Mn |
Ares Management Shares Outstanding (Entity) 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=shares-outstanding-entity&ticker=ARES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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=shares-outstanding-entity&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();