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Ares Management free cash flow ARES

Cash from operations less capital spending, by quarter and over the last twelve months, from 2015.

Last 12 months, to Dec 31, 2019
−$2.1B
Latest quarter, Q4 FY19
−$407.7M
−235% on a year earlier
Fiscal year 2019
−$2.1B

Ares Management's free cash flow was −$2.1B over the twelve months to Dec 31, 2019.

In its latest quarter, Q4 FY19, it was −$407.7M, down 235% on the same quarter a year before.

Free cash flow over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearFree cash flowChange
FY2019−$2.1Bn/a
FY2018−$1.4Bn/a
FY2017−$1.9Bn/a
FY2016−$637.6Mn/a
FY2015n/an/a

Each fiscal year is the twelve months to its fourth quarter.

Quarter by quarter

QuarterEndedFree cash flowOn a year earlierLast 12 months
Q4 FY19−$407.7M−235%−$2.1B
Q3 FY19−$395.2Mn/a−$1.4B
Q2 FY19−$944.1Mn/a−$1.4B
Q1 FY19−$352.8M−554%−$1.9B
Q4 FY18$302.2Mn/a−$1.4B
Q3 FY18−$442.9Mn/a−$2.4B
Q2 FY18−$1.4Bn/a−$2.9B
Q1 FY18$77.7Mn/a−$1.5B
Q4 FY17−$676.1Mn/a−$1.9B
Q3 FY17−$894.8Mn/a−$1.6B
Q2 FY17−$23.3M−125%−$1B
Q1 FY17−$302.1Mn/a−$911.6M

Against its peers

Companies in Asset Management nearest Ares Management's size, closest first, today.

CompanyFree cash flow yield
ARESAres Managementn/m
AMPAmeriprise Financialn/m
STTState Streetn/m
NTRSNorthern Trustn/m
RJFRaymond James Financialn/m
APOApollo Global Managementn/m
PFGPrincipal Financialn/m
TROWT. Rowe Price7.5%
KKRKKRn/m
BXBlackstone6.2%
TPGTPG5.3%
Peer median6.2%

What the free cash flow tells you

Cash from operations minus capital spending. The cash the company could hand back or reinvest.

Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.

More on Ares Management

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.