Ares Management (ARES) Stock Buyback History
TTM buyback yield 1.47% · Shareholder yield (TTM) 1.47%.

ARES
TTM buyback yield
1.47%
Shareholder yield (TTM)
1.47%
5Y share count change
45.4%
TTM buyback spend
$538.40M
SBC coverage (TTM)
N/A
YoY change in spend
N/A
5Y CAGR of spend
N/A
Peak year (2019)
$10.45M
Cumulative spend
$10.45M
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Ares Management (ARES) repurchased about $538.40M of stock over the trailing twelve months.
- Diluted share count is up 45.4% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM repurchases used about 178% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $0.00 | $740.55M | −$740.55M | 0.22B | 9.7% | — |
| 2024 | $0.00 | $352.85M | −$352.85M | 0.20B | 1.2% | — |
| 2023 | $0.00 | $255.97M | −$255.97M | 0.20B | 11.5% | — |
| 2022 | $0.00 | $200.39M | −$200.39M | 0.18B | -2.6% | — |
| 2021 | $0.00 | $0.00 | $0.00 | 0.18B | 20.5% | — |
| 2020 | $0.00 | $122.99M | −$122.99M | 0.15B | 24.7% | — |
| 2019 | $10.45M | $97.69M | −$87.24M | 0.12B | 24.8% | 0.18% |
| 2018 | $0.00 | $0.00 | $0.00 | 0.10B | 17.3% | — |
| 2017 | $0.00 | $69.71M | −$69.71M | 0.08B | -1.3% | — |
| 2016 | $0.00 | $39.06M | −$39.06M | 0.08B | 2.8% | — |
| 2015 | $0.00 | $32.24M | −$32.24M | 0.08B | 0.4% | — |
| 2014 | $0.00 | $83.23M | −$83.23M | 0.08B | -14.7% | — |
| 2013 | $0.00 | $28.84M | −$28.84M | 0.09B | 0.0% | — |
| 2012 | $0.00 | $51.99M | −$51.99M | 0.09B | 17.6% | — |
| 2011 | $0.00 | $20.95M | −$20.95M | 0.08B | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Ares Management (ARES) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Ares Management (ARES)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Ares Management (ARES)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $0 | — | $0 | ||
| 2024 | $0 | — | $0 | ||
| 2023 | $0 | — | $0 | ||
| 2022 | $0 | — | $0 | ||
| 2021 | $0 | — | $0 | ||
| 2020 | $0 | -100.0% | -$10.45M | ||
| 2019 | $10.45M | — | +$10.45M | ||
| 2018 | $0 | — | $0 | ||
| 2017 | $0 | — | $0 | ||
| 2016 | $0 | — | $0 | ||
| 2015 | $0 | — | $0 | ||
| 2014 | $0 | — | $0 | ||
| 2013 | $0 | — | $0 | ||
| 2012 | $0 | — | $0 | ||
| 2011 | $0 | — | — |
In 2025, Ares Management (ARES) buyback spend totalled $0.
Ares Management buyback spend plunged from $10.45M in 2019 to $0 in 2025, a 100.0% drawdown.
Across the available history, buyback spend reached its high of $10.45M in 2019 and its low of $0 in 2011.
Among 8 Financial Services peers, Ares Management (ARES) ranks 8th; the peer median for buyback spend is $12.87B.
Ares Management Buyback Spend 2025: $0
Ares Management buyback spend in 2025 was $0.
Ares Management Buyback Spend 2024: $0
Ares Management buyback spend in 2024 was $0.
Ares Management Buyback Spend 2023: $0
Ares Management buyback spend in 2023 was $0.
Ares Management Buyback Spend 2022: $0
Ares Management buyback spend in 2022 was $0.
Ares Management Buyback Spend 2021: $0
Ares Management buyback spend in 2021 was $0.
See more financial history for Ares Management (ARES).
Sector peers by buyback spend
Companies in the same sector as Ares Management, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $34.59B | Financial Services |
| Bank of America (BAC) | $21.43B | Financial Services |
| Wells Fargo (WFC) | $19.52B | Financial Services |
| Visa (V) | $13.39B | Financial Services |
| Goldman Sachs (GS) | $12.36B | Financial Services |
| Mastercard (MA) | $11.73B | Financial Services |
| Morgan Stanley (MS) | $5.83B | Financial Services |
| Berkshire Hathaway (BRK-B) | $0 | Financial Services |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Capital allocation mix
How Ares Management splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $301.82M (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Ares Management's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Ares Management buy back its own stock?
Yes, Ares Management (ARES) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Ares Management spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $538.40M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Ares Management's buyback yield?
TTM buyback yield is about 1.47% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Ares Management's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 1.47% combined (TTM-based where available).
Is Ares Management diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Ares Management's share count changed?
Diluted weighted average shares changed by about 45.4% over roughly five fiscal years (annual income statement data).
What is Ares Management's buyback spend?
Latest reported buyback spend for Ares Management (ARES) is $538.40M (period ending March 31, 2026).
When did Ares Management buyback spend hit its highest annual value?
Ares Management buyback spend reached its highest annual value of $10.45M in 2019.
What was Ares Management buyback spend in 2024?
Ares Management (ARES) buyback spend in 2024 was $0.
What was Ares Management buyback spend in 2025?
Ares Management (ARES) buyback spend in 2025 was $0.
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