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Brookfield Asset Management vs Ares Management: BAM and ARES compared
Brookfield Asset Management is the larger company: $1.8B of revenue in its latest quarter (Q2 2026) against $1.3B for Ares Management (Q3 2026). Brookfield Asset Management is growing faster (+61% against +9% a year earlier). Brookfield Asset Management is more profitable, with an operating margin of 62.4% against 13.1%.
Where the money goes: BAM and ARES
Brookfield Asset Management (BAM) · Q2 2026
Brookfield Asset Management, Q2 2026: revenue $1.8B (+61% year over year), operating margin 62.4%, net earnings $1.2B, operating cash flow $545M. The chart follows the revenue to costs, profit and cash.
Ares Management (ARES) · Q3 2026
Ares Management, Q3 2026: revenue $1.3B (+9% year over year), operating margin 13.1%, net earnings $85.3M, operating cash flow −$86.3M. The chart follows the revenue to costs, profit and cash.
| Brookfield Asset Management (BAM) | Ares Management (ARES) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $1.8B | $1.3B |
| Revenue growth, Y/Y | +61% | +9% |
| Operating margin | 62.4% | 13.1% |
| Net earnings | $1.2B | $85.3M |
| Net margin | 66.9% | 6.8% |
| Operating cash flow | $545M | −$86.3M |
| Free cash flow | $535M | — |
| Market value | $20.8B | $44.5B |
| P/E | 6.8× | 45.9× |
| Analysts’ mean target | $55.97 | $146.55 |
Where the revenue comes from
Brookfield Asset Management
- Other revenues: $706M (40%)
- Infrastructure: $357M (20%)
- Real estate: $236M (13%)
- Energy: $228M (13%)
Questions
Which is bigger, Brookfield Asset Management or Ares Management?
Brookfield Asset Management is the larger company: $1.8B of revenue in its latest quarter (Q2 2026) against $1.3B for Ares Management (Q3 2026).
Is Brookfield Asset Management or Ares Management growing faster?
Brookfield Asset Management is growing faster (+61% against +9% a year earlier).
Which is more profitable, Brookfield Asset Management or Ares Management?
Brookfield Asset Management is more profitable, with an operating margin of 62.4% against 13.1%.
More: Brookfield Asset Management earnings · how Brookfield Asset Management makes money · Ares Management earnings · how Ares Management makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 10, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.