| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2019 | FY2019 | FY2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | $356.4M+118.8% | $162.9M+9.3% | $149.0M+1.0% | $147.5M+55.0% | $95.2M+130.0% | $41.4M+7.8% | $38.4M-25.6% | $51.6M-8.5% | $56.4M-88.2% | $477.2M |
| Compensation and benefits | $2.57B+48.2% | $1.73B+16.5% | $1.49B-0.8% | $1.50B+28.9% | $1.16B+51.5% | $767.3M+17.4% | $653.4M+14.5% | $570.4M+10.9% | $514.1M | — |
| Performance related compensation | $1.09B+143.4% | $449.6M-26.0% | $607.5M+17.1% | $518.8M-70.2% | $1.74B+330.8% | $404.1M-18.7% | $497.2M+1543.4% | $30.3M-93.7% | $479.7M | — |
| General, administrative and other expenses | $996.1M+35.2% | $736.5M+11.6% | $660.1M-5.0% | $695.3M+56.5% | $444.2M+71.5% | $259.0M-4.2% | $270.2M+25.1% | $216.0M+9.8% | $196.7M | — |
| Expenses of the Consolidated Funds | $52.7M+152.5% | $20.9M-52.0% | $43.5M | — | — | — | — | — | — | — |
| Total expenses | $4.71B+60.2% | $2.94B+5.0% | $2.80B+1.8% | $2.75B-19.4% | $3.41B+135.1% | $1.45B-0.8% | $1.46B+269.7% | $395.7M+17.9% | $335.7M-9.1% | $369.1M |
| Total other income (expense), net | $394.2M+19.7% | $329.3M-34.0% | $499.0M+144.1% | $204.4M-22.5% | $263.7M+300.0% | $65.9M-46.2% | $122.5M+273.7% | $32.8M-7.0% | $35.3M+26.5% | $27.9M |
| Income before taxes | $1.29B+0.9% | $1.28B-4.3% | $1.33B+161.0% | $510.8M-52.1% | $1.07B+180.8% | $379.5M-10.7% | $425.2M+310.5% | $103.6M+22.7% | $84.4M-37.9% | $136.0M |
| Income tax expense | $6.1M-13.4% | $7.1M+85.0% | $3.8M+1055.0% | $331K-99.8% | $147.4M+168.0% | $55.0M+3.9% | $52.9M+64.3% | $32.2M+239.7% | -$23.1M | — |
| Net income | $1.09B-2.0% | $1.11B-4.3% | $1.16B+164.3% | $438.9M-52.2% | $918.3M+209.8% | $296.4M-11.0% | $333.1M+262.6% | $91.9M+22.7% | $74.9M-38.4% | $121.6M |
| Less: Net income attributable to non-controlling interests in Consolidated Funds | $253.9M-14.2% | $295.8M+7.8% | $274.3M+129.9% | $119.3M-0.9% | $120.4M | — | — | — | — | — |
| Net income attributable to Ares Operating Group entities | $834.5M+2.4% | $815.0M-8.0% | $885.8M | — | $797.9M+145.9% | $324.5M-13.0% | $372.8M+305.8% | $91.9M+22.7% | $74.9M-38.4% | $121.6M |
| Less: Net income attributable to redeemable interest in Ares Operating Group entities | $1.3M+1209.7% | $103K-54.4% | $226K | — | -$1.3M-37.4% | -$976K | $0 | — | — | — |
| Less: Net income attributable to non-controlling interests in Ares Operating Group entities | $305.7M-12.9% | $351.1M-14.6% | $411.2M+169.0% | $152.9M-60.8% | $390.4M | — | — | — | — | — |
| Net income attributable to Ares Management Corporation | $527.4M+13.7% | $463.7M-2.2% | $474.3M+183.1% | $167.5M-59.0% | $408.8M+168.7% | $152.1M+2.2% | $148.9M+346.7% | $33.3M+3.7% | $32.1M-28.5% | $44.9M |
| Net income attributable to Ares Management Corporation Class A and non-voting common stockholders | $426.1M-3.4% | $441.0M-7.0% | $474.3M+183.1% | $167.5M-56.7% | $386.7M+196.5% | $130.4M+2.6% | $127.2M+355.8% | $27.9M+4.5% | $26.7M-32.4% | $39.5M |
| Series B Mandatory Convertible Preferred Stock | ||||||||||
| Less: Series B mandatory convertible preferred stock dividends declared | $101.3M+344.4% | $22.8M | $0 | $0-100.0% | $10.8M-50.0% | $21.7M+0.0% | $21.7M+300.0% | $5.4M+0.0% | $5.4M+0.0% | $5.4M |
| Class A Common Stock and Non-Voting Common Stock | ||||||||||
| Basic (in dollars per share) | $1710.00-16.2% | $2040.00-16.4% | $2440.00+180.5% | $870.00-61.2% | $2240.00+251585.4% | $0.89-19.8% | $1.11+362.5% | $0.24+0.0% | $0.24-33.3% | $0.36 |
| Diluted (in dollars per share) | $1710.00-16.2% | $2040.00-15.7% | $2420.00+178.2% | $870.00-59.5% | $2150.00+247026.4% | $0.87-17.9% | $1.06+360.9% | $0.23+0.0% | $0.23-36.1% | $0.36 |
| Basic (in shares) | 217.36B+9.7% | 198.05B+7.3% | 184.52B+5.1% | 175.51B+7.2% | 163.70B+21.2% | 135.07B+25.2% | 107.91B+12.4% | 96.02B+17.3% | 81.84B | — |
| Diluted (in shares) | 217.36B+9.7% | 198.05B+1.2% | 195.77B+11.5% | 175.51B-2.6% | 180.11B+20.5% | 149.51B+24.7% | 119.88B+24.8% | 96.02B+17.3% | 81.84B | — |
| Ares Operating Group | ||||||||||
| Net realized and unrealized gains on investments | $551.1M+75.5% | $314.0M+19.5% | $262.7M+5451.6% | $4.7M-93.9% | $77.3M+958.2% | -$9.0M | — | -$1.6M-101.6% | $100.1M | — |
| Interest and dividend income | $47.5M+10.2% | $43.1M+123.4% | $19.3M+105.1% | $9.4M-4.7% | $9.9M+22.2% | $8.1M+7.5% | $7.5M+6.8% | $7.0M-0.2% | $7.0M | — |
| Interest expense | -$595.8M+28.7% | -$835.3M-10.7% | -$754.6M-957.5% | -$71.4M+72.3% | -$258.0M+9.9% | -$286.3M-1355.5% | -$19.7M+8.3% | -$21.4M-1.1% | -$21.2M | — |
| Other income (expense), net | -$319.7M-51096.0% | $627K-87.0% | $4.8M-63.3% | $13.1M-8.9% | $14.4M+27.6% | $11.3M+244.0% | -$7.8M-821.3% | -$851K-104.4% | $19.5M | — |
| Consolidated Funds | ||||||||||
| Interest and other income of Consolidated Funds | $575.3M-38.4% | $933.3M-6.2% | $995.5M+69.7% | $586.5M+34.0% | $437.8M-5.6% | $463.7M+17.2% | $395.6M+17.1% | $337.9M+80.0% | $187.7M | — |
| Management fees | ||||||||||
| Carried interest allocation | ||||||||||
| Incentive fees | ||||||||||
| Principal investment income | ||||||||||
| Administrative, transaction and other fees | ||||||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.