Ares Management revenue and financials
$117.74Change from previous close: +0.52%Absolute change: +$0.61
In the fiscal year ended December 2025, Ares Management reported revenue of $4.76B (+28.86% year over year). Net income was $527.36M, a net margin of 11.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +28.86%
- 2025 vs 2024
- Net income growth
- +13.72%
- 2025 vs 2024
- Net margin
- 11.1%
- 2024: 12.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,267 | 2,791 | -233 | -734 | -2,596 | -426 | -2,083 | -1,417 | -1,863 | -626 |
| Depreciation and amortization | 45.2 | 32.2 | 31.4 | 26.2 | 22.1 | 19.0 | 17.1 | 16.1 | 12.6 | 8.2 |
| Capital expenditure | -72.2 | -91.5 | -67.2 | -35.8 | -27.2 | — | — | -18.4 | -33.2 | -11.9 |
| Investing cash flow | -1,804 | -159 | -111 | -337 | -1,085 | — | — | — | — | — |
| Financing cash flow | -2,427 | -1,432 | 292 | 1,128 | 3,504 | — | — | — | — | — |
| Dividends paid | -1,757 | -1,311 | -1,031 | -448 | -604 | — | — | — | — | — |
| Share repurchases | -437 | -228 | -157 | -201 | -226 | — | — | — | — | — |
| Debt issued | 4,412 | 2,305 | 3,296 | 3,010 | — | — | — | — | — | — |
| Debt repaid | -4,119 | -4,583 | -1,614 | -1,240 | — | — | — | — | — | — |
| Effect of exchange rates | -55.2 | -40.5 | 10.5 | -10.2 | -19.1 | — | — | — | — | — |
| Net change in cash | -1,019 | 1,160 | -41.7 | 46.3 | -196 | — | — | — | — | — |
| Free cash flow | 3,195 | 2,700 | -300 | -770 | -2,623 | — | — | — | — | — |