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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4,756 | 3,691 | 3,236 | 2,880 | 2,289 | 1,754 | 1,433 | 1,218 | 1,085 | 965 |
| Cost of revenue | 2,566 | 1,732 | 1,487 | 1,499 | — | — | — | — | — | — |
| Gross profit | 3,036 | 2,153 | 2,145 | 1,557 | — | — | — | — | — | — |
| Selling, general and administrative | 2,090 | 1,186 | 1,268 | 1,214 | — | — | — | — | — | — |
| Operating income | 266 | 39.3 | -19.5 | 29.9 | 574 | — | — | — | — | — |
| EBIT | 2,054 | 2,254 | 2,194 | 994 | — | — | — | — | — | — |
| EBITDA | 2,298 | 2,412 | 2,426 | 1,335 | — | — | — | — | — | — |
| Interest expense | 767 | 978 | 861 | 71.4 | 36.8 | 24.9 | — | — | 21.2 | 18.0 |
| Pre-tax income | 1,286 | 1,275 | 1,333 | 512 | 1,067 | — | — | — | — | — |
| Income tax | 199 | 165 | 173 | 71.9 | 147 | 55.0 | 52.4 | 32.2 | -23.1 | 11.0 |
| Net income | 527 | 464 | 474 | 168 | 409 | 152 | 149 | 57.0 | 76.2 | 112 |
| Net income to common shareholders | 384 | 410 | 453 | 153 | 369 | — | — | — | — | — |
| Basic EPS | 1.76 | 2.07 | 2.46 | 0.87 | 2.25 | — | — | — | — | — |
| Diluted EPS | 1.71 | 2.04 | 2.42 | 0.87 | 2.15 | — | — | — | — | — |
| Average shares (basic) | 217 | 198 | 185 | 176 | 164 | — | — | — | — | — |
| Average shares (diluted) | 217 | 198 | 196 | 176 | 180 | — | — | — | — | — |
| Dividend per share | 4.48 | 3.72 | 3.08 | 2.44 | 1.88 | — | — | — | — | — |