56/100B133.910
USD
0.21
(0.16%)
Market Closed
Last updated: · Delayed 15 min
Fair value170.03Plus-21%128Price 133.91213
Q4 FY2026 · Earnings report
EPS estimate 1.87Revenue estimate 1.80B
Q4 FY2026 · Earnings report
EPS estimate 1.87Revenue estimate 1.80B
Ares Management free cash flow 2011–2026
Ares Management's free cash flow in Q3 FY2026, the three months to 30 September 2026, was -121.47M USD, down 109.1% on the same quarter a year before. Ares Management's free cash flow over the last twelve months was -614.57M USD, down 113.7% on the twelve months before. In fiscal year 2025 it was 3.19B USD, up 18.3% on the year before.
Last updated 7 Nov 2026 · Next report 4 Feb 2027
Free cash flow
Free cash flow Free cash flow margin
Growth
| Fiscal year | Period ending | Free cash flow | Growth | Free cash flow margin | Operating cash flow | Capital expenditure | Free cash flow per share |
|---|---|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | -614.57M | -113.68% | -9.85% | -514.88M | -99.70M | -2.73 |
| FY2025 | 31 Dec 2025 | 3.19B | +18.34% | 49.38% | 3.27B | -72.18M | 14.70 |
| FY2024 | 31 Dec 2024 | 2.70B | — | 69.49% | 2.79B | -91.51M | 13.63 |
| FY2023 | 31 Dec 2023 | -300.44M | — | -8.27% | -233.26M | -67.18M | -1.53 |
| FY2022 | 31 Dec 2022 | -769.91M | — | -25.20% | -734.11M | -35.80M | -4.39 |
| FY2021 | 31 Dec 2021 | -2.62B | — | -62.28% | -2.60B | -27.23M | -14.56 |
| FY2020 | 31 Dec 2020 | -441.60M | — | -25.03% | -425.66M | -15.94M | -2.95 |
| FY2019 | 31 Dec 2019 | -2.10B | -612.58% | -118.94% | -2.08B | -16.80M | -17.52 |
| FY2018 | 31 Dec 2018 | 409.66M | — | 42.74% | 428.08M | -18.42M | 4.27 |
| FY2017 | 31 Dec 2017 | -1.90B | — | -128.12% | -1.86B | -33.16M | -23.17 |
| FY2016 | 31 Dec 2016 | -637.57M | — | -50.83% | -625.66M | -11.91M | -7.69 |
| FY2015 | 31 Dec 2015 | -538.66M | -135.53% | -66.14% | -527.99M | -10.68M | -6.68 |
| FY2014 | 31 Dec 2014 | 1.52B | -29.90% | 251.03% | 1.53B | -16.66M | 18.86 |
| FY2013 | 31 Dec 2013 | 2.16B | -20.93% | 451.82% | 2.17B | -12.06M | 22.97 |
| FY2012 | 31 Dec 2012 | 2.74B | +11.30% | 818.75% | 2.75B | -12.91M | 29.04 |
| FY2011 | 31 Dec 2011 | 2.46B | — | 91.79% | 2.49B | -31.87M | 30.68 |
| Quarter | Period ending | Free cash flow | Growth on a year before | Free cash flow margin | Operating cash flow | Capital expenditure | Free cash flow per share |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | -121.47M | -109.14% | -8.02% | -86.26M | -35.21M | -0.53 |
| Q2 FY2026 | 30 Jun 2026 | -384.50M | -197.89% | -26.91% | -351.45M | -33.05M | -1.70 |
| Q1 FY2026 | 31 Mar 2026 | 390.87M | -80.18% | — | 406.52M | -15.64M | — |
| Q4 FY2025 | 31 Dec 2025 | -499.48M | -162.57% | -28.29% | -483.69M | -15.79M | -2.26 |
| Q3 FY2025 | 30 Sept 2025 | 1.33B | +63.21% | 80.19% | 1.34B | -11.49M | 6.05 |
| Q2 FY2025 | 30 Jun 2025 | 392.78M | -2.52% | 29.09% | 415.70M | -22.92M | 1.79 |
| Q1 FY2025 | 31 Mar 2025 | 1.97B | +188.35% | 181.14% | 1.99B | -21.98M | 9.42 |
| Q4 FY2024 | 31 Dec 2024 | 798.31M | — | 63.41% | 807.62M | -9.31M | 3.71 |
| Q3 FY2024 | 30 Sept 2024 | 814.43M | +175.87% | 72.09% | 841.32M | -26.89M | 4.06 |
| Q2 FY2024 | 30 Jun 2024 | 402.93M | — | 51.09% | 432.17M | -29.24M | 2.05 |
| Q1 FY2024 | 31 Mar 2024 | 683.97M | -2.11% | 96.69% | 710.05M | -26.07M | 3.55 |
| Q4 FY2023 | 31 Dec 2023 | -583.06M | — | -55.32% | -560.05M | -23.01M | -3.07 |
| Q3 FY2023 | 30 Sept 2023 | 295.22M | +1,914.75% | 43.98% | 318.27M | -23.05M | 1.59 |
| Q2 FY2023 | 30 Jun 2023 | -711.30M | — | -65.06% | -699.05M | -12.25M | -3.67 |
| Q1 FY2023 | 31 Mar 2023 | 698.70M | +224.03% | 85.90% | 707.57M | -8.88M | 3.90 |
| Q4 FY2022 | 31 Dec 2022 | -197.92M | — | -21.11% | -190.51M | -7.41M | -1.04 |
| Q3 FY2022 | 30 Sept 2022 | 14.65M | — | 1.83% | 24.59M | -9.94M | 0.08 |
| Q2 FY2022 | 30 Jun 2022 | -802.27M | — | -133.39% | -792.35M | -9.92M | -4.58 |
| Q1 FY2022 | 31 Mar 2022 | 215.63M | — | 30.16% | 224.15M | -8.52M | 1.24 |
| Q4 FY2021 | 31 Dec 2021 | -764.37M | — | -58.34% | -752.29M | -12.07M | -4.05 |
| Q3 FY2021 | 30 Sept 2021 | -781.91M | -580.37% | -82.42% | -774.71M | -7.20M | -4.19 |
| Q2 FY2021 | 30 Jun 2021 | -332.59M | -260.38% | -25.69% | -327.93M | -4.67M | -1.84 |
| Q1 FY2021 | 31 Mar 2021 | -744.40M | — | -113.06% | -741.12M | -3.28M | -4.55 |
| Q4 FY2020 | 31 Dec 2020 | -445.46M | — | -67.70% | -438.12M | -7.33M | -2.98 |
| Q3 FY2020 | 30 Sept 2020 | 162.77M | — | 33.23% | 163.30M | -528.00K | 1.03 |
| Q2 FY2020 | 30 Jun 2020 | 207.38M | — | 34.41% | 212.40M | -5.02M | 1.41 |
| Q1 FY2020 | 31 Mar 2020 | -366.30M | — | -2,731.74% | -363.24M | -3.06M | -3.09 |
| Q4 FY2019 | 31 Dec 2019 | -407.66M | -234.91% | -93.30% | -402.94M | -4.72M | -3.40 |
| Q3 FY2019 | 30 Sept 2019 | -395.19M | — | -84.72% | -388.77M | -6.42M | -3.24 |
| Q2 FY2019 | 30 Jun 2019 | -944.13M | — | -245.34% | -941.47M | -2.66M | -8.10 |
| Q1 FY2019 | 31 Mar 2019 | -352.84M | -554.40% | -73.94% | -349.85M | -2.99M | -3.19 |
| Q4 FY2018 | 31 Dec 2018 | 302.17M | — | 122.12% | 306.16M | -3.98M | 2.98 |
| Q3 FY2018 | 30 Sept 2018 | -442.92M | — | -183.96% | -435.61M | -7.31M | -4.49 |
| Q2 FY2018 | 30 Jun 2018 | -1.37B | — | -672.20% | -1.37B | -4.27M | -14.00 |
| Q1 FY2018 | 31 Mar 2018 | 77.65M | — | 29.18% | 80.51M | -2.86M | 0.84 |
| Q4 FY2017 | 31 Dec 2017 | -676.08M | — | -180.24% | -670.85M | -5.23M | -7.81 |
| Q3 FY2017 | 30 Sept 2017 | -894.82M | — | -310.27% | -888.09M | -6.73M | -10.89 |
| Q2 FY2017 | 30 Jun 2017 | -23.29M | -125.37% | -4.07% | -12.34M | -10.94M | -0.28 |
| Q1 FY2017 | 31 Mar 2017 | -302.07M | — | -123.67% | -291.82M | -10.25M | -3.72 |
| Q4 FY2016 | 31 Dec 2016 | -370.04M | — | -103.31% | -366.30M | -3.75M | -4.42 |
| Q3 FY2016 | 30 Sept 2016 | -331.28M | -3,607.07% | -98.75% | -328.38M | -2.89M | -3.92 |
| Q2 FY2016 | 30 Jun 2016 | 91.80M | +49.28% | 24.84% | 94.27M | -2.47M | 1.11 |
| Q1 FY2016 | 31 Mar 2016 | -28.05M | — | -20.62% | -25.25M | -2.80M | -0.35 |
| Q4 FY2015 | 31 Dec 2015 | -8.49M | — | -5.32% | -6.40M | -2.09M | -0.11 |
| Q3 FY2015 | 30 Sept 2015 | 9.45M | — | 6.57% | 11.27M | -1.82M | 0.12 |
| Q2 FY2015 | 30 Jun 2015 | 61.49M | -95.50% | 25.50% | 65.01M | -3.51M | 0.75 |
| Q1 FY2015 | 31 Mar 2015 | -601.11M | -159.79% | -222.71% | -597.86M | -3.26M | -7.45 |
| Q4 FY2014 | 31 Dec 2014 | -7.23M | -100.46% | -4.42% | -5.07M | -2.17M | -0.09 |
| Q3 FY2014 | 30 Sept 2014 | -848.90M | — | -484.64% | -845.84M | -3.06M | -10.43 |
| Q2 FY2014 | 30 Jun 2014 | 1.37B | +57.77% | 1,038.41% | 1.37B | -7.15M | 17.08 |
| Q1 FY2014 | 31 Mar 2014 | 1.01B | +6,235.55% | 752.33% | 1.01B | -4.29M | 12.57 |
| Q4 FY2013 | 31 Dec 2013 | 1.59B | +125.31% | 1,087.75% | 1.59B | -591.00K | 21.04 |
| Q3 FY2013 | 30 Sept 2013 | -306.79M | — | -225.79% | -302.49M | -4.30M | -3.11 |
| Q2 FY2013 | 30 Jun 2013 | 866.31M | — | 970.09% | 869.52M | -3.22M | 8.78 |
| Q1 FY2013 | 31 Mar 2013 | 15.87M | — | 14.76% | 19.81M | -3.95M | 0.16 |
| Q4 FY2012 | 31 Dec 2012 | 704.56M | — | 686.12% | 704.98M | -421.00K | 8.09 |
Figures in USD. Free cash flow is operating cash flow less capital expenditure. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Cash flow
Common questions about Ares Management's free cash flow
Source: Financial Modeling Prep