Ares Management (ARES) Shares Outstanding (Entity) (2014 - 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.
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Analysis
Ares Management (ARES) Shares Outstanding (Entity) (2014 - 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 177.34 Bn | 123.47 Bn | - | 155.00 Mn |
| 2 | Spdr Gold Trust | 137.09 Bn | -420.91 Bn | - | 352.00 Mn |
| 3 | Blackstone | 89.05 Bn | 79.03 Bn | - | 752.60 Mn |
| 4 | Brookfield | 83.90 Bn | -99.41 Bn | - | - |
| 5 | Kkr | 80.00 Bn | 148.53 Mn | - | 897.78 Mn |
| 6 | Brookfield Asset Management | 73.77 Bn | 68.57 Bn | - | 1.60 Bn |
| 7 | Apollo Global Management | 66.62 Bn | -16.17 Bn | 10.56 Bn | 575.97 Mn |
| 8 | Wheaton Precious Metals | 60.08 Bn | 55.51 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 46.63 Bn | 43.99 Bn | 451.00 Mn | - |
| 10 | Ares Management | 26.33 Bn | 20.09 Bn | - | 360.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 360.20 Mn |
| Mar 31, 2026 | 359.78 Mn |
| Dec 31, 2025 | 357.04 Mn |
| Sep 30, 2025 | 326.85 Mn |
| Jun 30, 2025 | 356.65 Mn |
| Mar 31, 2025 | 356.50 Mn |
| Dec 31, 2024 | 341.17 Mn |
| Sep 30, 2024 | 313.00 Mn |
| Jun 30, 2024 | 312.51 Mn |
| Mar 31, 2024 | 309.67 Mn |
| Dec 31, 2023 | 307.59 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 | 290.45 Mn |
| Sep 30, 2021 | 289.88 Mn |
API Access
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_KEYimport 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();