Ares Management (ARES) Tax Rate (2013 - 2026)
Ares Management's (ARES) quarterly Tax Rate came in at 18.91% in Q2 2026, down 234.0% on a YoY basis from 14.11% in Q2 2025, and down 1.17% quarter-over-quarter from 19.13% in Q1 2026.
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Analysis
Ares Management (ARES) Tax Rate (2013 - 2026) Analysis & Trends
Ares Management (ARES) has reported Tax Rate for 14 consecutive years, with 18.91% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 234.0% year-over-year to 18.91%; the trailing twelve-month figure through Jun 2026 stood at 16.23% (up 110.0% YoY), and the FY2025 full-year result was 15.43%, up 252.0% from the prior year.
- Tax Rate fell to 18.91% in Q2 2026 per ARES's latest filing, from 19.13% in the prior quarter.
- Across five years, Tax Rate topped out at 21.24% in Q2 2025 and bottomed at 3.94% in Q4 2025.
- Historically, Tax Rate has averaged 14.62% across 5 years, with a median of 13.6% in 2023.
- The widest YoY moves for Tax Rate: up 830 bps in 2025, down 853 bps in 2025.
- Over 5 years, Tax Rate stood at 14.47% in 2022, then decreased by 15 bps to 12.33% in 2023, then climbed by 1 bps to 12.47% in 2024, then slumped by 68 bps to 3.94% in 2025, then surged by 380 bps to 18.91% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 18.91%, 19.13%, and 3.94% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 103.57 Bn | 101.06 Bn | - | 16.11% |
| 2 | Kkr | 93.46 Bn | -183.61 Bn | - | 17.91% |
| 3 | Apollo Global Management | 77.60 Bn | 52.22 Bn | 10.54 Bn | 15.94% |
| 4 | Brookfield Asset Management | 76.45 Bn | 74.94 Bn | - | 12.14% |
| 5 | Wheaton Precious Metals | 71.34 Bn | 71.24 Bn | 687.86 Mn | 12.96% |
| 6 | Franco Nevada | 51.21 Bn | 49.67 Bn | 451.00 Mn | 23.17% |
| 7 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | -0.97% |
| 8 | Ares Management | 30.49 Bn | 30.49 Bn | - | 18.91% |
| 9 | Carlyle | 15.82 Bn | 14.57 Bn | - | 17.90% |
| 10 | Tpg | 8.08 Bn | 7.13 Bn | - | 10.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.91% |
| Mar 31, 2026 | 19.13% |
| Dec 31, 2025 | 3.94% |
| Sep 30, 2025 | 17.15% |
| Jun 30, 2025 | 21.24% |
| Mar 31, 2025 | 12.43% |
| Dec 31, 2024 | 12.47% |
| Sep 30, 2024 | 14.20% |
| Jun 30, 2024 | 12.94% |
| Mar 31, 2024 | 11.79% |
| Dec 31, 2023 | 12.33% |
| Sep 30, 2023 | 13.18% |
| Jun 30, 2023 | 13.02% |
| Mar 31, 2023 | 14.02% |
| Dec 31, 2022 | 14.47% |
| Sep 30, 2022 | 19.21% |
| Jun 30, 2022 | 20.13% |
| Mar 31, 2022 | 12.65% |
| Dec 31, 2021 | 13.88% |
| Sep 30, 2021 | 12.27% |