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ARES

Ares Management Corp
$121.66 +3.66 (+3.10%) At close · Jul 9
Market Cap
$44.06B
Shares
359,847,626

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue
$4.76B +28.9%
FY2025 Revenue FY2012–FY2025
Net Income
$527.36M +13.7%
FY2025 Net Income FY2012–FY2025
Operating Cash Flow
$3.27B +17%
FY2025 Operating Cash Flow FY2014–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012
$5.05B $4.76B $3.69B $3.24B $2.88B $2.29B $1.75B $1.43B $1.22B $1.09B $964.8M $814.44M $603.89M $478.66M $334.05M
$1.01B $996.08M $736.5M $660.15M $695.26M $444.18M $259M
$203.2M $193.4M $116.3M $126M $133.6M $9M $17.9M $27.6M $34.4M $8.7M
$4.86B $4.71B $2.94B $2.8B $2.75B $3.41B $1.45B $1.46B $870.36M $1.5B $1.02B $769.04M $860.04M $801.9M $758.53M
$96.98M $71.36M $36.76M $24.91M $21.22M $17.98M $18.95M
$412.56M $394.18M $329.26M $499.04M $204.45M $263.68M $65.92M $122.54M $96.24M $174.67M $59.97M $36.08M $813.07M $1.2B $1.69B
$321.91M $319.29M $52.35M $86.73M $21.66M $114.86M $22.5M $57.4M -$3.8M $78.3M $51M $23.8M
-$807K $4.73M $19.1M -$9.01M
$1.46B $1.29B $1.28B $1.33B $510.81M $1.07B $379.48M $425.18M $184.34M $149.86M $297.92M $81.48M $556.92M $872.64M $1.26B
$240.87M $198.54M $164.62M $172.97M $71.89M $147.39M $54.99M $52.38M $32.2M -$23.05M $11.02M $19.06M $11.25M $59.26M $26.15M
$622.78M $527.36M $463.74M $474.33M $167.54M $408.84M $152.14M $148.88M $57.02M $76.18M $111.81M $19.38M $34.99M $813.38M $1.24B
11.09% 12.57% 14.66% 5.82% 17.86% 8.68% 10.39% 4.68% 7.02% 11.59% 2.38% 5.79% 169.93% 369.92%
$35.92M
$521.53M $426.11M $440.96M $474.33M $167.54M $386.75M $130.44M $127.18M $35.32M $54.48M $98.37M $18.72M $34.57M
$483.68M $154.41M $406.5M
shares 80.36M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
EV/EBIT
P/E (TTM)
Asset Management median 14.17×

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Product & Service (USD)

Component 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Management Service $3,680,467,000 $2,942,126,000 $2,551,150,000 $2,136,433,000 $1,611,047,000 $1,150,608,000
Carried Interest $1,153,976,000 $390,180,000 $618,579,000 $458,012,000 $2,073,551,000 $505,608,000 $621,872,000
Management Service Incentive $362,453,000 $344,157,000 $276,627,000 $301,187,000 $332,876,000 $37,902,000
Administrative Service $356,437,000 $162,894,000 $149,012,000 $147,532,000 $95,184,000 $41,376,000 $0
Principal Investment Income Loss $48,149,000 $45,424,000 $36,516,000
Principal Investment Income $12,279,000 $99,433,000 $28,552,000
Key facts CIK 1176948 CUSIP 03990B101 13F (30d) 48 filings 38 filers Visit website Investor relations