Ares Management Corporation (ARES)
NYSE: ARES · Real-Time Price · USD
141.25
+1.02 (0.73%)
At close: Aug 21, 2026, 4:00 PM EDT
141.28
+0.03 (0.02%)
After-hours: Aug 21, 2026, 7:51 PM EDT
Ares Management Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Revenue Revenue Growth | 1,429 | 1,396 | 1,505 | 1,658 | 1,350 | 1,089 | 1,259 | 1,130 | 788.68 | 707.36 | 1,054 | 671.26 | 1,093 | 813.36 | 937.72 | 801.29 | 601.43 | 715 | 1,310 | 948.72 |
Revenue Growth | 5.81% | 28.25% | 19.53% | 46.73% | 71.19% | 53.92% | 19.45% | 68.30% | -27.86% | -13.03% | 12.40% | -16.23% | 81.78% | 13.76% | -28.43% | -15.54% | -53.55% | 8.60% | 99.11% | 93.67% |
Gross Profit Gross Profit Growth | 536.26 | 503.89 | 563.49 | 636.15 | 516.02 | 331.05 | 508.33 | 479.6 | 403.24 | 350.45 | 463.09 | 329.79 | 410.56 | 341.57 | 394.22 | 329.63 | 244.07 | 276.35 | 486.88 | 310.2 |
Operating Income Operating Income Growth | 276.87 | 257.42 | 203.73 | 399.46 | 256.86 | 130.18 | 308.91 | 280.29 | 229.57 | 174.37 | 289.06 | 176.58 | 261.25 | 185.37 | 434.96 | -0.12 | 108.55 | 151.32 | 297.26 | 163.65 |
Net Income Net Income Growth | 112.26 | 104.05 | 103.32 | 252.46 | 101.37 | 11.06 | 207.99 | 110.63 | 87.34 | 65.76 | 168.62 | 56.49 | 139.2 | 88.73 | 114 | -39.1 | 36.27 | 42.28 | 116.97 | 82.98 |
Earnings Per Share EPS Growth | 0.49 | 0.46 | 0.13 | 1.15 | 0.46 | 0.05 | 0.71 | 0.55 | 0.43 | 0.33 | 0.89 | 0.30 | 0.74 | 0.49 | 0.60 | -0.22 | 0.21 | 0.24 | 0.66 | 0.45 |
EPS Growth | 6.52% | 770.49% | -81.43% | 108.75% | 6.98% | -83.99% | -20.08% | 83.33% | -42.26% | -32.65% | 49.02% | - | 259.63% | 104.17% | -9.21% | - | -70.01% | -25.78% | 33.57% | 70.53% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Credit Group Credit Group Growth | 850.81 | 871.25 | 1,108 | 747.26 | 652.73 | 668.5 | 944.41 | 615.92 | 649.81 | 538.4 | 898.76 | 490.08 | 544.57 | 447.63 | 568.11 | 372.28 | 393.58 | 342.97 | 530.19 | 283.72 |
Real Assets Group Real Assets Group Growth | 271.21 | 257.64 | 309.17 | 240.32 | 228.31 | 217.14 | 147.29 | 128.44 | 111.26 | 102.57 | 115.63 | 104.65 | 110.16 | 110.02 | 321.54 | 130.3 | 117.67 | 115 | 210.36 | 76.31 |
Secondaries Group Secondaries Group Growth | 112.77 | 83.76 | 78.44 | 108.79 | 83.68 | 67.43 | 64.94 | 50.65 | 63.72 | 47.39 | 57.4 | 45.13 | 47.55 | 43.13 | 41.6 | 44.62 | 50.36 | 44.5 | 44.05 | 41.06 |
Private Equity Group Private Equity Group Growth | 40.44 | 69.28 | 45.32 | 37.5 | 62.16 | 38.43 | 68.71 | 35.47 | 39.84 | 38.11 | 39.89 | 30.21 | 76.15 | 47.87 | 176.39 | 52.87 | 47.8 | 48.47 | 58.49 | 91.5 |
Other Other Growth | 18.43 | 16.94 | 16.85 | 18.68 | 13.94 | 13.02 | 12.63 | 11.49 | 10.29 | 9.35 | 8.13 | 7.62 | 6.68 | 5.03 | 3.91 | 3.03 | 2.47 | 2.53 | - | - |
Unallocated Operations Management Group Unallocated Operations Management Group Growth | 9.18 | 9.78 | 5 | 9.24 | 7.83 | 5.54 | 5.29 | 5.25 | 5.48 | 4.33 | 5.48 | 5.72 | 7.85 | 4.64 | 4.56 | 7.68 | 6.42 | 5.88 | 5.03 | 3.45 |
Unallocated Income before Taxes of Non-Controlling Interests in Consolidated Subsidiaries Unallocated Income before Taxes of Non-Controlling Interests in Consolidated Subsidiaries Growth | 9.14 | 8.96 | 14.55 | 9.49 | -9.5 | -12.26 | 3.16 | 5.66 | 7.14 | 7.73 | 10.7 | 7.89 | 6.42 | 10.91 | 6.73 | 7.8 | 11.98 | 10.59 | 13.63 | 6.93 |
Unallocated Principal Investment Income, Net of Eliminations Unallocated Principal Investment Income, Net of Eliminations Growth | 2.29 | 0.48 | -2.79 | 17.98 | 10.96 | 22 | 0.88 | 8.04 | 29.46 | 7.05 | -2.47 | 9.34 | 6.89 | 22.76 | -3.24 | 11.58 | -4.39 | 8.33 | 12.96 | 14.25 |
Unallocated Total Performance Income-Unrealized Unallocated Total Performance Income-Unrealized Growth | 124.84 | 92.04 | -66.43 | 463.93 | 300.59 | 64.44 | 13.77 | 263.55 | -122.32 | -45.48 | -79.16 | -31.4 | 288.22 | 127.71 | -172.88 | 170.65 | -24.15 | 133.53 | 362.36 | 415.32 |
Unallocated Management Fees of Consolidated Funds Eliminated in Consolidation Unallocated Management Fees of Consolidated Funds Eliminated in Consolidation Growth | -21.61 | -21.51 | -17.41 | -8.52 | -8.95 | -9.89 | -10.48 | -11.66 | -12 | -12.45 | -12.41 | -12.18 | -12.01 | -11.6 | -11.8 | -11.68 | -11.36 | -11.48 | -11.48 | -11.05 |
Unallocated Performance Income of Consolidated Funds Eliminated In Consolidation Unallocated Performance Income of Consolidated Funds Eliminated In Consolidation Growth | -13.06 | -16.12 | - | - | -7.1 | -5.13 | - | - | -11.53 | -5.93 | - | - | -3.95 | -3.55 | - | - | - | - | - | - |
Administrative, Transaction and Other Fees of Consolidated Funds Eliminated in Consolidation Administrative, Transaction and Other Fees of Consolidated Funds Eliminated in Consolidation Growth | -2.38 | -0.08 | -0.09 | -2.91 | -6.56 | -0.12 | -0.12 | -0.13 | -0.17 | -0.11 | -0.11 | -0.08 | -2.14 | -4.84 | -3.98 | -3.95 | -4.32 | -4.77 | 8.67 | -4.26 |
Unallocated Administrative Fees Unallocated Administrative Fees Growth | 26.56 | 24.04 | 27.6 | 24.26 | 22.03 | 19.73 | 18.16 | 18.09 | 17.7 | 16.41 | 16.45 | 16.15 | 16.89 | 13.65 | 18.47 | 16.1 | 15.37 | 19.48 | 14.47 | 15.63 |
Total Total Growth | 1,429 | 1,396 | 1,505 | 1,658 | 1,350 | 1,089 | 1,259 | 1,130 | 788.68 | 707.36 | 1,054 | 671.26 | 1,093 | 813.36 | 937.9 | 801.29 | 601.43 | 715 | 1,310 | 948.72 |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash & Investments Cash & Investments Growth | 1,852 | 1,438 | 1,448 | 1,500 | 1,532 | 1,803 | 2,735 | 1,666 | 1,525 | 1,546 | 1,498 | 1,197 | 1,089 | 1,027 | 1,115 | 1,045 | 1,077 | 834.71 | 1,399 | 1,877 |
Total Debt Total Debt Growth | 14,873 | 14,148 | 14,222 | 12,726 | 13,471 | 13,356 | 13,148 | 14,421 | 14,500 | 15,339 | 15,756 | 14,209 | 14,033 | 13,582 | 13,334 | 12,675 | 12,622 | 12,683 | 12,495 | 11,728 |
Net Cash (Debt) Net Cash Growth | -13,020 | -12,710 | -12,774 | -11,226 | -11,939 | -11,553 | -10,413 | -12,755 | -12,975 | -13,793 | -14,258 | -13,012 | -12,944 | -12,555 | -12,220 | -11,630 | -11,545 | -11,848 | -11,097 | -9,851 |
Net Cash Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -57.53 | -56.73 | -57.76 | -51.06 | -54.54 | -55.19 | -48.41 | -63.55 | -66.13 | -71.61 | -70.88 | -69.87 | -66.70 | -70.15 | -64.37 | -66.22 | -65.91 | -68.01 | -58.73 | -52.81 |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Operating Cash Flow Operating Cash Flow Growth | -351.45 | 406.52 | -483.69 | 1,341 | 415.7 | 1,994 | 807.62 | 841.32 | 432.17 | 710.05 | -560.05 | 318.27 | -699.05 | 707.57 | -190.51 | 24.59 | -792.35 | 224.15 | -752.29 | -774.71 |
Capital Expenditures CapEx Growth | -33.05 | -15.64 | -15.79 | -11.49 | -22.92 | -21.98 | -9.31 | -26.89 | -29.24 | -26.07 | -23.01 | -23.05 | -12.25 | -8.88 | -7.41 | -9.94 | -9.92 | -8.52 | -12.07 | -7.2 |
Free Cash Flow Free Cash Flow Growth | -384.5 | 390.87 | -499.48 | 1,329 | 392.78 | 1,972 | 798.31 | 814.43 | 402.93 | 683.97 | -583.06 | 295.22 | -711.3 | 698.7 | -197.92 | 14.65 | -802.27 | 215.63 | -764.37 | -781.91 |
Free Cash Flow Growth | - | -80.18% | - | 63.21% | -2.52% | 188.35% | - | 175.87% | - | -2.11% | - | 1914.75% | - | 224.03% | - | - | - | - | - | - |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Gross Margin | 37.54% | 36.08% | 37.44% | 38.38% | 38.22% | 30.40% | 40.38% | 42.45% | 51.13% | 49.54% | 43.94% | 49.13% | 37.55% | 41.99% | 42.04% | 41.14% | 40.58% | 38.65% | 37.16% | 32.70% |
Operating Margin | 19.38% | 18.43% | 13.54% | 24.10% | 19.02% | 11.96% | 24.54% | 24.81% | 29.11% | 24.65% | 27.43% | 26.31% | 23.90% | 22.79% | 46.38% | -0.01% | 18.05% | 21.16% | 22.69% | 17.25% |
Pretax Margin | 27.02% | 22.41% | 13.73% | 39.35% | 21.25% | 12.95% | 31.76% | 28.95% | 40.23% | 32.66% | 45.84% | 33.80% | 34.94% | 29.65% | 36.56% | -7.54% | 11.15% | 22.56% | 23.57% | 26.03% |
Profit Margin | 7.86% | 7.45% | 6.87% | 15.23% | 7.51% | 1.02% | 16.52% | 9.79% | 11.07% | 9.30% | 16.00% | 8.42% | 12.73% | 10.91% | 12.16% | -4.88% | 6.03% | 5.91% | 8.93% | 8.75% |
FCF Margin | -26.91% | 27.99% | -33.19% | 80.19% | 29.09% | 181.14% | 63.41% | 72.09% | 51.09% | 96.69% | -55.32% | 43.98% | -65.06% | 85.90% | -21.11% | 1.83% | -133.39% | 30.16% | -58.34% | -82.42% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Dividend Per Share Dividend Per Share Growth | 1.350 | 1.350 | 1.120 | 1.120 | 1.120 | 1.120 | 0.930 | 0.930 | 0.930 | 0.930 | 0.770 | 0.770 | 0.770 | 0.770 | 0.610 | 0.610 | 0.610 | 0.610 | 0.470 | 0.470 |
Dividend Per Share Growth | 20.54% | 20.54% | 20.43% | 20.43% | 20.43% | 20.43% | 20.78% | 20.78% | 20.78% | 20.78% | 26.23% | 26.23% | 26.23% | 26.23% | 29.79% | 29.79% | 29.79% | 29.79% | 17.50% | 17.50% |
Dividend Yield | 4.44% | 4.36% | 2.84% | 2.77% | 2.46% | 2.78% | 2.21% | 2.42% | 2.71% | 2.61% | 2.79% | 3.08% | 3.14% | 3.44% | 3.98% | 4.17% | 4.30% | 2.85% | 2.67% | 2.85% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
PE Ratio | 43.88 | 43.62 | 76.07 | 61.24 | 87.78 | 72.98 | 75.76 | 71.97 | 70.19 | 59.79 | 49.63 | 47.73 | 57.90 | 74.93 | 78.91 | - | 35.74 | 39.54 | 37.74 | 38.21 |
Forward PE | 17.74 | 17.09 | 26.71 | 28.31 | 32.41 | 28.19 | 35.79 | 32.22 | 28.24 | 28.87 | 27.68 | 23.85 | 23.38 | 20.55 | 17.97 | 16.90 | 16.40 | 24.29 | 26.90 | 26.05 |
P/FCF Ratio | - | 15.17 | - | 7.81 | 9.51 | 7.63 | 13.24 | 23.60 | 33.22 | - | - | 224.50 | - | - | - | - | - | - | - | - |
PS Ratio | 4.19 | 4.14 | 6.36 | 6.55 | 7.84 | 7.13 | 9.20 | 8.46 | 8.24 | 7.29 | 6.19 | 5.41 | 4.81 | 4.75 | 3.96 | 3.17 | 2.78 | 3.32 | 3.30 | 3.46 |