Ares Management Financial Statements
NYSE: ARESFinanceInvestment ManagersUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
Ares Management revenue and earnings
In fiscal 2025, Ares Management generated $4.76 billion in revenue, up 28.9% from fiscal 2024, its 13th consecutive year of revenue growth. Net income was $527.4 million (+13.7% year over year), for a net margin of 11.1% versus a median of 12.6% in the prior 5 years. Over the last 5 fiscal years, ARES's revenue has grown at a 22.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Ares Management income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.76B | 3.69B | 3.24B | 2.88B | 2.29B | 1.75B | 1.43B | 1.22B | 1.09B | 964.80M |
| Revenue growth (YoY) | +28.86% | +14.04% | +12.37% | +25.83% | +30.51% | +22.37% | +17.64% | +12.28% | +12.46% | +18.46% |
| Operating Expenses | 4.71B | 2.94B | 2.80B | 2.75B | 3.41B | 1.45B | 1.46B | 870.36M | 1.50B | 1.02B |
| Selling, General & Admin | 996.08M | 736.50M | 660.15M | 695.26M | 444.18M | 259.00M | — | — | — | — |
| Interest Expense | — | — | — | 71.36M | 36.76M | 24.91M | — | — | 21.22M | 17.98M |
| Other Income (Expense) | 394.18M | 329.26M | 499.04M | 204.45M | 263.68M | 65.92M | 122.54M | 96.24M | 174.67M | 59.97M |
| Pretax Income | 1.29B | 1.28B | 1.33B | 510.81M | 1.07B | 379.48M | 425.18M | 184.34M | 149.86M | 297.92M |
| Income Tax | 198.53M | 164.62M | 172.97M | 71.89M | 147.38M | 54.99M | 52.38M | 32.20M | -23.05M | 11.02M |
| Net Income | 527.36M | 463.74M | 474.33M | 167.54M | 408.84M | 152.14M | 148.88M | 57.02M | 76.18M | 111.81M |
| Net Income growth (YoY) | +13.72% | -2.23% | +183.11% | -59.02% | +168.72% | +2.19% | +161.11% | -25.15% | -31.87% | +476.98% |
| Net Margin | 11.09% | 12.57% | 14.66% | 5.82% | 17.86% | 8.68% | 10.39% | 4.68% | 7.02% | 11.59% |
This table shows 10 annual periods of Ares Management's income statement, from FY 2025 back to FY 2016, across 9 line items including revenue, operating expenses, selling, general & admin. Values in USD; B = billions, M = millions. Fiscal periods follow ARES's reporting calendar. What is a income statement?