Ares Management (ARES) financial statements

+1323.6%since 2012
FY2025 revenue
$4.8B▲ +28.9%
FY2025 net income
$527M▲ +13.7%

Ares Management income statement

Ares Management income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue4,7563,6913,236
Pretax income1,2871,2751,333
Net income527464474

Ares Management balance sheet

Ares Management balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents4891,508348
Total assets28,63324,88424,731
Total liabilities19,93217,48619,709
Total equity8,6766,8244,474

Ares Management cash flow statement

Ares Management cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow3,2672,791-233

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Period ended30 Sep 202630 Jun 202631 Mar 202631 Dec 2025
Revenue (derived)1,2581,2941,2991,558
Net income (derived)8515114354
Operating cash flow (derived)-86-351407-484
Total assets30,28729,63128,39528,633

Ares Management major shareholders

Ares Management major shareholders
HolderShare of classSharesFiled
Antony P. Ressler33.1%109,435,45814 August 2026
Ares Owners Holdings L.P.32.4%107,110,30514 August 2026
Ares Partners Holdco LLC32.4%107,110,30514 August 2026
BlackRock, Inc.7.2%15,778,50721 January 2026
Vanguard Capital Management7.0%15,563,67529 April 2026

Ares Management 10-K and SEC filings

Ares Management 10-K and SEC filings
FiledFormTypeDescription
6 November 202610-QQuarterly reportQuarterly report
29 October 20268-KCurrent reportCurrent report
29 September 20268-KCurrent reportCurrent report
7 August 202610-QQuarterly reportQuarterly report
31 July 20268-KCurrent reportCurrent report
9 July 20268-KCurrent reportCurrent report
11 June 20268-KCurrent reportCurrent report
28 May 20268-KCurrent reportCurrent report

Common questions

What was Ares Management's revenue in fiscal 2025?

Ares Management reported $4.8 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 28.9% from fiscal 2024.

What was Ares Management's net income in fiscal 2025?

Ares Management reported net income of $527 million for fiscal 2025, the year ended 31 December 2025, up 13.7% from fiscal 2024.

What were Ares Management's total assets at the end of fiscal 2025?

Ares Management reported total assets of $28.6 billion at the end of fiscal 2025, the year ended 31 December 2025.

Who reported holding 5% or more of Ares Management?

Antony P. Ressler reported holding 33.1% of a class of Ares Management shares in a filing dated 14 August 2026.

How much Ares Management history do I get?

Every account gets the full history, annual and quarterly, with first reported values and as of dates.