Other Income & Expense
Interest Expense
Ares Management Corporation Interest Expense increased by 0.5% to $25.98M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 41.9%, from $18.31M to $25.98M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2025
How to read this metric
Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.
Detailed definition
Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...
Peer comparison
Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.
Metric ID:
interest_expenseHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $6.91M | $11.52M | $15.65M | $17.22M | $18.31M | $20.18M | $24.99M | $25.84M | $25.98M |
| QoQ Change | — | +66.8% | +35.8% | +10.1% | +6.3% | +10.2% | +23.8% | +3.4% | +0.5% |
| YoY Change | — | — | — | +149.3% | +58.9% | — | +59.7% | +50.0% | +41.9% |
Range$6.91M – $25.98M
CAGR+93.9%
Avg YoY Growth+72.0%
Median YoY Growth+58.9%
Current Streak8+ quarters growth
Interest Expense at Other Companies
Frequently Asked Questions
- What is Ares Management Corporation's interest expense?
- Ares Management Corporation (ARES) reported interest expense of $25.98M in Q3 2023.
- How has Ares Management Corporation's interest expense changed year-over-year?
- Ares Management Corporation's interest expense increased by 41.9% year-over-year, from $18.31M to $25.98M.
- What does interest expense mean?
- The cost of borrowing money, paid as interest on debt.