Ares Management (ARES) Total Debt (2010 - 2026)
Ares Management's Total Debt came in at $4.58 billion for Q2 2026, up 24.5% from $3.68 billion a year earlier and up 4.3% from the prior quarter.
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Analysis
Ares Management (ARES) Total Debt (2010 - 2026) Analysis & Trends
At the end of FY2025, Ares Management's Total Debt was $3.94 billion, up 54.0% from FY2024.
- Total Debt carries a five-year compound annual growth rate of -17.4% (FY2020 to FY2025).
- Going back by year, Total Debt was $2.56 billion in FY2024 (-13.7%), $2.97 billion in FY2023 (+30.4%), $2.27 billion in FY2022 (+51.2%) and $1.5 billion in FY2021 (-85.4%).
- The Q2 2026 figure represents the highest quarterly Total Debt since Q2 2022.
- Year-over-year, Total Debt has increased for six consecutive quarters, with growth averaging 25.2% over the last eight quarters.
- The fastest year-over-year change in Total Debt over five years came in Q4 2025 (growth of 54.0%), and the weakest in Q4 2021 (a decline of 85.4%).
- Business Quant data shows ARES's Total Debt at $4.39 billion (Q1 2026), $3.94 billion (Q4 2025) and $3.68 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 Bn | - | 12.74 Bn |
| 2 | Spdr Gold Trust | 130.03 Bn | -427.97 Bn | - | - |
| 3 | Brookfield | 104.97 Bn | -79.04 Bn | - | 14.71 Bn |
| 4 | Blackstone | 93.15 Bn | 87.36 Bn | - | 13.40 Bn |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn | 53.03 Bn |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - | 3.47 Bn |
| 7 | Apollo Global Management | 72.50 Bn | 89.29 Bn | 4.14 Bn | 1.90 Bn |
| 8 | Wheaton Precious Metals | 62.02 Bn | 62.02 Bn | 538.50 Mn | 22.03 Mn |
| 9 | Ares Management | 50.21 Bn | 48.79 Bn | 376.28 Mn | 4.78 Bn |
| 10 | Franco Nevada | 49.31 Bn | 46.68 Bn | 451.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.78 Bn |
| Jun 30, 2026 | 4.58 Bn |
| Mar 31, 2026 | 4.39 Bn |
| Dec 31, 2025 | 3.94 Bn |
| Sep 30, 2025 | 3.68 Bn |
| Jun 30, 2025 | 3.68 Bn |
| Mar 31, 2025 | 3.54 Bn |
| Dec 31, 2024 | 2.56 Bn |
| Sep 30, 2024 | 2.54 Bn |
| Jun 30, 2024 | 2.57 Bn |
| Mar 31, 2024 | 3.05 Bn |
| Dec 31, 2023 | 2.97 Bn |
| Sep 30, 2023 | 2.34 Bn |
| Jun 30, 2023 | 2.30 Bn |
| Mar 31, 2023 | 2.37 Bn |
| Dec 31, 2022 | 2.27 Bn |
| Sep 30, 2022 | 2.02 Bn |
| Jun 30, 2022 | 11.23 Bn |
| Mar 31, 2022 | 10.68 Bn |
| Dec 31, 2021 | 1.50 Bn |
API Access
Ares Management Total Debt 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=total-debt&ticker=ARES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();