Ares Management annual free cash flow
2014
2015
2016
2017
2018
2019
2022
2023
2024
2025
Ares Management Free Cash Flow (FCF) History (ARES)
Ares Management reported $3.19B in free cash flow for fiscal 2025, an increase of 18.34% from the previous fiscal year, with a free cash flow margin of 57.03%.
View full Ares Management company overviewAres Management free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.19B | $495.1M | +18.34% | +57.03% |
| 2024 | 2024-12-31 | $2.70B | $3.00B | — | +69.49% |
| 2023 | 2023-12-31 | −$300.4M | $469.5M | — | −8.27% |
| 2022 | 2022-12-31 | −$769.9M | — | — | −25.20% |
| 2019 | 2019-12-31 | −$2.10B | −$664.3M | — | −118.94% |
| 2018 | 2018-12-31 | −$1.44B | $460.7M | — | −149.77% |
| 2017 | 2017-12-31 | −$1.90B | −$1.26B | — | −128.12% |
| 2016 | 2016-12-31 | −$637.6M | −$98.9M | — | −66.08% |
| 2015 | 2015-12-31 | −$538.7M | −$2.05B | — | −66.14% |
| 2014 | 2014-12-31 | $1.52B | — | — | +251.03% |
Ares Management quarterly free cash flow
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$384.5M | −$777.3M | — | −26.91% |
| Q1 2026 | 2026-03-31 | $390.9M | — | — | +27.99% |
| Q4 2025 | 2025-12-31 | −$499.5M | — | — | −33.19% |
| Q3 2025 | 2025-09-30 | $1.33B | — | — | +80.19% |
| Q2 2025 | 2025-06-30 | $392.8M | — | — | +29.09% |
| Q3 2019 · Sep 30 | 2019-09-30 | −$395.2M | $47.7M | — | −84.72% |
| Q2 2019 · Jun 30 | 2019-06-30 | −$944.1M | $428.3M | — | −245.34% |
| Q1 2019 · Mar 31 | 2019-03-31 | −$352.8M | −$430.5M | — | −73.94% |
| Q4 2018 | 2018-12-31 | $302.2M | $978.2M | — | +122.12% |
| Q3 2018 | 2018-09-30 | −$442.9M | $451.9M | — | −183.96% |
| Q2 2018 | 2018-06-30 | −$1.37B | −$1.35B | — | −672.20% |
| Q1 2018 | 2018-03-31 | $77.7M | $379.7M | — | +29.18% |
| Q4 2017 | 2017-12-31 | −$676.0M | −$306.0M | — | −180.22% |
| Q3 2017 | 2017-09-30 | −$894.8M | −$563.5M | — | −310.27% |
| Q2 2017 | 2017-06-30 | −$23.3M | −$115.1M | — | −4.07% |
| Q1 2017 | 2017-03-31 | −$302.1M | −$274.0M | — | −123.67% |
| Q4 2016 | 2016-12-31 | −$370.0M | — | — | −103.31% |
| Q3 2016 | 2016-09-30 | −$331.3M | — | — | −98.75% |
| Q2 2016 | 2016-06-30 | $91.8M | — | — | +24.84% |
| Q1 2016 | 2016-03-31 | −$28.0M | — | — | −20.62% |
Ares Management free cash flow growth trends
Ares Management's latest reported quarter, Q2 2026, generated −$384.5M in free cash flow, a decrease of $777.3M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Ares Management source filings ↗Community posts
Ares and PSP create a US logistics-property venture with $2.4 billion capacity
Ares ($ARES) and PSP Investments established a joint venture that can invest up to $2.4 billion in US logistics real estate. The partnership is seeded with 14 properties totaling approximately 5.2 million square feet across California, Texa ...
