Ares Management Corporation (ARES)

Adjusted EBIT

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Credit Group Fee-Related Earnings	1.89B	1.82B	1.57B
Credit Group Fee-Related Earnings Growth	3.77%	16.36%	19.07%
Real Assets Group Fee-Related Earnings	522.35M	464.66M	212.11M
Real Assets Group Fee-Related Earnings Growth	12.42%	119.07%	-3.06%
Secondaries Group Fee-Related Earnings	222.46M	208.41M	126.17M
Secondaries Group Fee-Related Earnings Growth	6.74%	65.18%	20.87%
Private Equity Group Fee-Related Earnings	58.87M	58.32M	60.55M
Private Equity Group Fee-Related Earnings Growth	0.94%	-3.68%	14.12%
Other Fee-Related Earnings	29.35M	27.40M	15.69M
Other Fee-Related Earnings Growth	7.09%	74.70%	83.89%
OMG Fee-Related Earnings	-854.15M	-808.20M	-620.93M
Operating Income (Other)	-826.22M	-882.58M	-415.65M
Operating Income (Total)	1.05B	892.72M	946.09M
Operating Income (Total) Growth	17.19%	-5.64%	13.44%

Adjusted EBT

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Credit Group Realized Income	2.06B	1.95B	1.69B
Credit Group Realized Income Growth	5.68%	15.65%	16.80%
Real Assets Group Realized Income	465.23M	442.05M	218.21M
Real Assets Group Realized Income Growth	5.24%	102.58%	0.47%
Secondaries Group Realized Income	216.83M	203.30M	101.04M
Secondaries Group Realized Income Growth	6.65%	101.22%	-0.02%
Private Equity Group Realized Income	47.93M	39.54M	52.50M
Private Equity Group Realized Income Growth	21.21%	-24.69%	13.82%
Other Realized Income	2.12M	15.42M	27.82M
Other Realized Income Growth	-86.28%	-44.57%	-
OMG Realized Income	-850.25M	-804.30M	-620.56M

Key Performance Indicators

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Credit Group AUM	422.62B	406.87B	348.86B
Credit Group AUM Growth	3.87%	16.63%	16.54%
Real Assets Group AUM	143.38B	139.09B	75.30B
Real Assets Group AUM Growth	3.09%	84.72%	15.11%
Secondaries Group AUM	42.63B	42.16B	29.15B
Secondaries Group AUM Growth	1.12%	44.60%	17.74%
Private Equity Group AUM	24.67B	25.29B	24.04B
Private Equity Group AUM Growth	-2.43%	5.19%	-2.08%
Other Businesses AUM	10.94B	9.11B	7.10B
Other Businesses AUM Growth	20.15%	28.34%	48.70%
Total AUM	644.25B	622.51B	484.45B
Total AUM Growth	3.49%	28.50%	15.66%
Credit Group Fee-Paying AUM	260.19B	249.82B	209.15B
Credit Group Fee-Paying AUM Growth	4.15%	19.45%	12.88%
Real Assets Group Fee-Paying AUM	87.14B	84.07B	44.09B
Real Assets Group Fee-Paying AUM Growth	3.66%	90.67%	6.65%
Secondaries Group Fee-Paying AUM	30.19B	29.48B	22.40B
Secondaries Group Fee-Paying AUM Growth	2.40%	31.61%	17.65%
Private Equity Group Fee-Paying AUM	14.20B	14.44B	11.43B
Private Equity Group Fee-Paying AUM Growth	-1.62%	26.34%	-12.93%
Other Businesses Fee-Paying AUM	7.88B	7.15B	5.49B
Other Businesses Fee-Paying AUM Growth	10.21%	30.19%	53.62%
Total Fee-Paying AUM	399.60B	384.95B	292.55B
Total Fee-Paying AUM Growth	3.81%	31.58%	11.51%

Updated May 8, 2026. Data Source: Fiscal.ai.