Ares Management (ARES) Total Liabilities (2010 - 2026)
Ares Management (ARES) reported Total Liabilities of $21.03 billion for Q2 2026, up 10.6% from $19.01 billion a year earlier and up 5.0% from the prior quarter.
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Analysis
Ares Management (ARES) Total Liabilities (2010 - 2026) Analysis & Trends
At the end of FY2025, Ares Management posted Total Liabilities of $19.96 billion, up 10.5% from FY2024.
- Total Liabilities has a five-year compound annual growth rate of 9.5% (FY2020 to FY2025).
- By year, Total Liabilities came in at $18.06 billion in FY2024 (-10.8%), $20.26 billion in FY2023 (+11.3%), $18.2 billion in FY2022 (+2.3%) and $17.79 billion in FY2021 (+40.1%).
- The Q2 2026 figure ranks as the highest quarterly Total Liabilities in data going back to Q4 2013.
- Year over year, Total Liabilities has now increased in each of the last three quarters, with growth averaging 0.8% over the last eight quarters.
- The high point for year-over-year Total Liabilities in five years was Q4 2021 (growth of 40.1%); the low point was Q4 2024 (a decline of 10.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $20.04 billion (Q1 2026), $19.96 billion (Q4 2025) and $18.43 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 Bn | - | 113.97 Bn |
| 2 | Spdr Gold Trust | 130.03 Bn | -427.97 Bn | - | 45.42 Mn |
| 3 | Brookfield | 104.97 Bn | -79.04 Bn | - | 521.43 Bn |
| 4 | Blackstone | 93.15 Bn | 87.36 Bn | - | 30.05 Bn |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn | 338.97 Bn |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - | 15.60 Bn |
| 7 | Apollo Global Management | 72.50 Bn | 89.29 Bn | 4.14 Bn | 462.18 Bn |
| 8 | Wheaton Precious Metals | 62.02 Bn | 62.02 Bn | 538.50 Mn | 2.19 Bn |
| 9 | Ares Management | 50.21 Bn | 48.79 Bn | 376.28 Mn | 21.81 Bn |
| 10 | Franco Nevada | 49.31 Bn | 46.68 Bn | 451.00 Mn | 681.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.81 Bn |
| Jun 30, 2026 | 21.03 Bn |
| Mar 31, 2026 | 20.04 Bn |
| Dec 31, 2025 | 19.96 Bn |
| Sep 30, 2025 | 18.43 Bn |
| Jun 30, 2025 | 19.01 Bn |
| Mar 31, 2025 | 18.97 Bn |
| Dec 31, 2024 | 18.06 Bn |
| Sep 30, 2024 | 19.21 Bn |
| Jun 30, 2024 | 19.00 Bn |
| Mar 31, 2024 | 19.94 Bn |
| Dec 31, 2023 | 20.26 Bn |
| Sep 30, 2023 | 19.37 Bn |
| Jun 30, 2023 | 19.13 Bn |
| Mar 31, 2023 | 17.85 Bn |
| Dec 31, 2022 | 18.20 Bn |
| Sep 30, 2022 | 17.74 Bn |
| Jun 30, 2022 | 17.56 Bn |
| Mar 31, 2022 | 17.46 Bn |
| Dec 31, 2021 | 17.79 Bn |
API Access
Ares Management Total Liabilities 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-liabilities&ticker=ARES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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-liabilities&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();