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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 29,631 | 28,395 | 28,633 | 27,032 | 27,265 | 27,182 | 24,884 | 24,523 | 24,193 | 24,413 | 24,731 | 23,384 |
| Current assets | 7,648 | 7,528 | 8,869 | 8,966 | 2,908 | — | — | — | — | — | — | — |
| Cash and equivalents | 1,852 | 1,438 | 1,448 | 1,500 | 1,532 | 1,803 | 2,735 | 1,666 | 1,525 | 1,546 | 1,498 | 1,197 |
| Receivables | 5,790 | 6,079 | 7,408 | 7,435 | 1,326 | — | — | — | — | — | — | — |
| Net property, plant and equipment | 633 | 565 | 745 | 526 | 540 | 547 | 689 | 426 | 232 | 237 | 372 | 260 |
| Goodwill | 3,464 | 3,463 | 3,454 | 3,437 | 3,436 | 3,499 | 1,163 | 1,133 | 1,130 | 1,130 | 1,124 | 998 |
| Other intangible assets | 2,095 | 2,142 | 2,116 | 2,166 | 2,220 | 2,277 | 976 | 970 | 1,001 | 1,030 | 1,058 | 1,034 |
| Long-term investments | 14,634 | 13,581 | 12,833 | 11,026 | 16,630 | — | — | — | — | — | — | — |
| Current liabilities | 8,027 | 7,674 | 7,489 | 5,802 | 5,183 | — | — | — | — | — | — | — |
| Accounts payable | 1,582 | 826 | 687 | 856 | 1,229 | 917 | 988 | 879 | 943 | 1,000 | 894 | 1,021 |
| Long-term debt | 14,060 | 13,418 | 12,172 | 11,668 | 12,474 | 12,468 | 12,506 | 13,515 | 13,931 | 14,703 | 15,172 | 13,801 |
| Total debt | 14,873 | 14,148 | 14,222 | 12,726 | 13,471 | — | — | — | — | — | — | — |
| Total liabilities | 21,003 | 20,012 | 19,932 | 18,400 | 18,426 | 18,390 | 17,486 | 18,643 | 18,436 | 19,383 | 19,709 | 18,340 |
| Total equity (incl. minority) | 8,628 | 8,383 | 8,701 | 8,632 | 8,839 | 8,792 | 7,398 | 5,880 | 5,757 | 5,030 | 5,021 | 5,044 |
| Retained earnings | -1,855 | -1,657 | -1,452 | -1,219 | -1,222 | -1,074 | -837 | -792 | -713 | -613 | -495 | -515 |
| Minority interest | 4,660 | 4,358 | 4,426 | 4,158 | 4,478 | 4,338 | 3,855 | 3,803 | 3,755 | 3,263 | 3,128 | 3,311 |