Ares Management Corporation (ARES)
NYSE: ARES · Real-Time Price · USD
140.42
+0.19 (0.14%)
Aug 21, 2026, 2:51 PM EDT - Market open
Ares Management Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 5,988 | 5,601 | 3,885 | 3,632 | 3,055 | 4,212 |
Revenue Growth | 24.03% | 44.19% | 6.96% | 18.87% | -27.46% | 138.77% |
Gross Profit Gross Profit Growth | 2,240 | 2,047 | 1,742 | 1,545 | 1,244 | 1,376 |
Operating Income Operating Income Growth | 1,181 | 1,000 | 993.14 | 920.06 | 694.21 | 868.9 |
Net Income Net Income Growth | 572.57 | 468.68 | 471.73 | 495.63 | 153.45 | 368.62 |
Earnings Per Share EPS Growth | 2.22 | 1.76 | 2.07 | 2.42 | 0.87 | 2.15 |
EPS Growth | 26.36% | -14.80% | -14.52% | 177.12% | -59.28% | 146.11% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Credit Group Credit Group Growth | 3,577 | 3,176 | 2,749 | 2,381 | 1,833 | 1,450 |
Real Assets Group Real Assets Group Growth | 1,078 | 994.94 | 489.55 | 440.46 | 684.51 | 377.91 |
Secondaries Group Secondaries Group Growth | 383.76 | 338.34 | 226.7 | 193.21 | 181.09 | 98.02 |
Private Equity Group Private Equity Group Growth | 192.53 | 183.4 | 182.12 | 194.13 | 169.82 | 354.63 |
Other Other Growth | 70.9 | 62.49 | 43.75 | 27.46 | 11.95 | 8.36 |
Unallocated Operations Management Group Unallocated Operations Management Group Growth | 33.2 | 27.6 | 20.36 | 23.69 | 24.53 | 8.48 |
Unallocated Income before Taxes of Non-Controlling Interests in Consolidated Subsidiaries Unallocated Income before Taxes of Non-Controlling Interests in Consolidated Subsidiaries Growth | 42.14 | 2.28 | 23.69 | 35.92 | 37.1 | 28.99 |
Unallocated Principal Investment Income, Net of Eliminations Unallocated Principal Investment Income, Net of Eliminations Growth | 17.95 | 48.15 | 45.42 | 36.52 | 12.28 | 99.43 |
Unallocated Total Performance Income-Unrealized Unallocated Total Performance Income-Unrealized Growth | 614.37 | 762.53 | 109.53 | 305.37 | 107.15 | 1,744 |
Unallocated Management Fees of Consolidated Funds Eliminated in Consolidation Unallocated Management Fees of Consolidated Funds Eliminated in Consolidation Growth | -69.05 | -44.77 | -46.6 | -48.2 | -46.32 | -44.9 |
Unallocated Performance Income of Consolidated Funds Eliminated In Consolidation Unallocated Performance Income of Consolidated Funds Eliminated In Consolidation Growth | -50.83 | -33.87 | -28.14 | -13.67 | -11.53 | -5.46 |
Administrative, Transaction and Other Fees of Consolidated Funds Eliminated in Consolidation Administrative, Transaction and Other Fees of Consolidated Funds Eliminated in Consolidation Growth | -5.45 | -9.67 | -0.53 | -7.17 | -17.01 | -4.48 |
Unallocated Administrative Fees Unallocated Administrative Fees Growth | 102.46 | 93.61 | 70.36 | 63.14 | 69.41 | 49.22 |
Total Total Growth | 5,988 | 5,601 | 3,885 | 3,632 | 3,056 | 4,212 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 1,852 | 1,448 | 2,735 | 1,498 | 1,115 | 1,399 |
Total Debt Total Debt Growth | 14,873 | 14,222 | 13,148 | 15,756 | 13,334 | 12,495 |
Net Cash (Debt) Net Cash Growth | -13,020 | -12,774 | -10,413 | -14,258 | -12,220 | -11,097 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -58.42 | -58.77 | -52.57 | -72.83 | -69.62 | -61.61 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 912.13 | 3,267 | 2,791 | -233.26 | -734.11 | -2,596 |
Capital Expenditures CapEx Growth | -75.98 | -72.18 | -91.51 | -67.18 | -35.8 | -27.23 |
Free Cash Flow Free Cash Flow Growth | 836.15 | 3,195 | 2,700 | -300.44 | -769.91 | -2,623 |
Free Cash Flow Growth | -78.98% | 18.34% | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 37.41% | 36.54% | 44.83% | 42.54% | 40.72% | 32.66% |
Operating Margin | 19.72% | 17.86% | 25.56% | 25.33% | 22.72% | 20.63% |
Pretax Margin | 26.02% | 22.97% | 32.83% | 36.70% | 16.72% | 25.30% |
Profit Margin | 9.56% | 8.37% | 12.14% | 13.65% | 5.02% | 8.75% |
FCF Margin | 13.96% | 57.04% | 69.49% | -8.27% | -25.20% | -62.28% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 21, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 5.400 | 4.480 | 3.720 | 3.080 | 2.440 | 1.880 |
Dividend Per Share Growth | 20.51% | 20.43% | 20.78% | 26.23% | 29.79% | 17.50% |
Dividend Yield | 3.84% | 2.84% | 2.21% | 2.79% | 3.98% | 2.67% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 21, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 63.18 | 75.99 | 75.76 | 45.37 | 78.91 | 37.72 |
Forward PE | 21.77 | 26.71 | 35.79 | 27.68 | 17.97 | 26.90 |
P/FCF Ratio | 56.30 | 11.15 | 13.24 | - | - | - |
PS Ratio | 7.86 | 6.36 | 9.20 | 6.19 | 3.96 | 3.30 |