Capital Expenditures for Ares Management (ARES)
According to Ares Management's latest reported financial statements, the company's current capital expenditures (TTM) is $72.18M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

ARES
Currently viewingCapital ExpendituresSwitch metric
Latest period
$72.18M
YoY change
-21.1%
5Y CAGR
+35.3%
Peak year (2024)
$91.51M
Cumulative capital expenditures
$474.30M
CapEx history chart for Ares Management (ARES) from 2011 to 2025
CapEx history table for Ares Management (ARES) from 2011 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $72.18M | -21.1% | ||
| 2024 | $91.51M | +36.2% | ||
| 2023 | $67.18M | +87.7% | ||
| 2022 | $35.80M | +31.5% | ||
| 2021 | $27.23M | +70.8% | ||
| 2020 | $15.94M | -5.1% | ||
| 2019 | $16.80M | -8.8% | ||
| 2018 | $18.42M | -44.5% | ||
| 2017 | $33.16M | +178.4% | ||
| 2016 | $11.91M | +11.6% | ||
| 2015 | $10.68M | -35.9% | ||
| 2014 | $16.66M | +38.2% | ||
| 2013 | $12.05M | -6.6% | ||
| 2012 | $12.91M | -59.5% | ||
| 2011 | $31.87M | — |
CapEx values are taken from Ares Management's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Ares Management (ARES) most recent annual capital expenditures stands at $72.18M (2025) – declined 21.1% year-over-year.
Over 2020–2025 (5 years), Ares Management capital expenditures expanded at a +35.3% compound annual rate, with the latest reading among the more recent periods of the dataset.
Ares Management capital expenditures declined from $91.51M in 2024 to $72.18M in 2025, a 21.1% drawdown.
$91.51M stands as the all-time-high annual capital expenditures, posted in 2024, against a low of $10.68M during 2015.
Among 8 Financial Services peers, Ares Management (ARES) ranks 6th; the peer median for capital expenditures is $985.50M.
Ares Management Capital Expenditures by Year
Ares Management Capital Expenditures 2025: $72.18M
Ares Management capital expenditures in 2025 was $72.18M, declined 21.1% below 2024.
Ares Management Capital Expenditures 2024: $91.51M
Ares Management capital expenditures in 2024 was $91.51M, surged 36.2% from 2023. This figure represents the highest annual value in the available history.
Ares Management Capital Expenditures 2023: $67.18M
Ares Management capital expenditures in 2023 was $67.18M, surged 87.7% from 2022.
Ares Management Capital Expenditures 2022: $35.80M
Ares Management capital expenditures in 2022 was $35.80M, surged 31.5% from 2021.
Ares Management Capital Expenditures 2021: $27.23M
Ares Management capital expenditures in 2021 was $27.23M.
See more financial history for Ares Management (ARES).
Sector peers — CapEx
Companies in the same sector as Ares Management, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Berkshire Hathaway Inc. (BRK-B) | $20.93B | Financial Services |
| Morgan Stanley (MS) | $2.90B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $2.06B | Financial Services |
| Visa Inc. (V) | $1.48B | Financial Services |
| Mastercard Incorporated (MA) | $489.00M | Financial Services |
| JPMorgan Chase & Co. (JPM) | $0 | Financial Services |
| Bank of America Corporation (BAC) | $0 | Financial Services |
| Wells Fargo & Company (WFC) | $0 | Financial Services |
Frequently asked questions
What is Ares Management's capital expenditures?
- Latest reported capital expenditures for Ares Management (ARES) is $72.18M (period ending December 31, 2025).
How has Ares Management capital expenditures changed year-over-year?
- Ares Management (ARES) capital expenditures changed -21.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Ares Management capital expenditures?
- Ares Management (ARES) capital expenditures compound annual growth rate is +35.3% over the most recent 5 years available.
When did Ares Management capital expenditures hit its highest annual value?
- Ares Management capital expenditures reached its highest annual value of $91.51M in 2024.
What was Ares Management capital expenditures in 2024?
- Ares Management (ARES) capital expenditures in 2024 was $91.51M.
What was Ares Management capital expenditures in 2025?
- Ares Management (ARES) capital expenditures in 2025 was $72.18M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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