SuperworthAres Management shares outstanding ARES
Diluted shares outstanding, averaged over each quarter, from 2014.
- Latest quarter, to Jun 30, 2026
- 226.3M
- On a year earlier
- +3.4%
- more shares
Ares Management had 226.3M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 3.4% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 221.1M | +9% |
| FY2024 | 202.6M | +1% |
| FY2023 | 201M | +14% |
| FY2022 | 177M | −6% |
| FY2021 | 188.9M | +19% |
| FY2020 | 159M | +22% |
| FY2019 | 130.1M | +28% |
| FY2018 | 101.5M | +23% |
| FY2017 | 82.2M | −2% |
| FY2016 | 83.7M | +4% |
| FY2015 | 80.7M | +2% |
| FY2014 | 79M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 226.3M | +3% | |
| Q1 FY26 | 224M | +7% | |
| Q4 FY25 | 221.1M | +9% | |
| Q3 FY25 | 219.9M | +10% | |
| Q2 FY25 | 218.9M | +12% | |
| Q1 FY25 | 209.4M | +9% | |
| Q4 FY24 | 202.6M | +1% | |
| Q3 FY24 | 200.7M | +8% | |
| Q2 FY24 | 196.2M | +1% | |
| Q1 FY24 | 192.6M | +8% | |
| Q4 FY23 | 201M | +14% | |
| Q3 FY23 | 186.2M | +6% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Ares Management
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.