For the year ending 2025-12-31, ARES made $5,601,482K in revenue. $426,112K in net income. Net profit margin of 7.61%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenues | 5,601,482 | 3,884,781 | - | - |
| Compensation and benefits | 2,565,625 | 1,731,747 | - | - |
| Performance related compensation | 1,094,355 | 449,564 | - | - |
| General, administrative and other expenses | 996,075 | 736,501 | - | - |
| Expenses of consolidated funds | - | 20,879 | - | - |
| Expenses of the consolidated funds | 52,711 | - | - | - |
| Total expenses | 4,708,766 | 2,938,691 | - | - |
| Net realized and unrealized gains on investments-Ares Operating Group | - | 16,570 | - | - |
| Interest and dividend income-Ares Operating Group | - | 43,054 | - | - |
| Interest expense-Ares Operating Group | - | 142,966 | - | - |
| Other income, net-Ares Operating Group | - | 627 | - | - |
| Net realized and unrealized gains on investments-Consolidated Funds | - | 313,963 | - | - |
| Interest and other income of consolidated funds-Consolidated Funds | - | 933,349 | - | - |
| Interest expense-Consolidated Funds | - | 835,335 | - | - |
| Total other income (expense), net | 394,177 | 329,262 | - | - |
| Income before taxes | 1,286,893 | 1,275,352 | - | - |
| U.s. federal statutory rate | 270,248 | - | - | - |
| State and local taxes, net of federal benefit | 24,214 | - | - | - |
| Effect of cross-border tax laws-GB | 15,601 | - | - | - |
| Effect of cross-border tax laws-JP | 15,187 | - | - | - |
| Effect of cross-border tax laws-SG | 5,214 | - | - | - |
| Effect of cross-border tax laws-Foreign Tax Jurisdiction Other | 6,673 | - | - | - |
| Statutory tax rate differential-GB | 3,046 | - | - | - |
| Other rate differential items-GB | -16,343 | - | - | - |
| Statutory tax rate differential-JP | 2,800 | - | - | - |
| Other rate differential items-JP | -8,377 | - | - | - |
| Statutory tax rate differential-SG | -4,698 | - | - | - |
| Other rate differential items-SG | 5,833 | - | - | - |
| Statutory tax rate differential-Foreign Tax Jurisdiction Other | 1,339 | - | - | - |
| Other rate differential items-Foreign Tax Jurisdiction Other | -4,223 | - | - | - |
| Foreign tax credits | 12,864 | - | - | - |
| Research and development tax credits | 699 | - | - | - |
| Other business tax credits | 1,702 | - | - | - |
| Changes in valuation allowance | -950 | - | - | - |
| Nondeductible executive compensation expense | 19,710 | - | - | - |
| Other nontaxable or nondeductible items | 2,874 | - | - | - |
| Income passed through to non-controlling interests | 124,348 | - | - | - |
| Income tax expense | 198,535 | 164,617 | - | - |
| Net income | 1,088,358 | 1,110,735 | - | - |
| Less net income attributable to non-controlling interests in consolidated funds | 253,904 | - | - | - |
| Net income attributable to ares operating group entities | 834,454 | - | 885,796 | 438,915 |
| Less net income (loss) attributable to non-controlling interests-Consolidated Funds | - | - | - | 119,333 |
| Less net income attributable to non-controlling interests in consolidated funds-Consolidated Funds | - | 295,772 | - | - |
| Net income (loss) | - | 814,963 | - | 319,582 |
| Less net income (loss) attributable to redeemable interest in ares operating group entities | - | 103 | - | -851 |
| Less net income attributable to redeemable interest in ares operating group entities | 1,349 | - | 226 | - |
| Less net income (loss) attributable to non-controlling interests | - | - | - | 152,892 |
| Less net income attributable to non-controlling interests in ares operating group entities | 305,743 | 351,118 | 411,244 | - |
| Net income attributable to ares management corporation | 527,362 | 463,742 | 474,326 | 167,541 |
| Less series a preferred stock dividends paid | - | - | 0 | 0 |
| Less series b mandatory convertible preferred stock dividends declared-Series BMandatory Convertible Preferred Stock | - | 22,781 | - | - |
| Less series a preferred stock redemption premium | - | - | 0 | 0 |
| Less series b mandatory convertible preferred stock dividends declared-Series BMandatory Convertible Preferred Stock | 101,250 | - | - | - |
| Net income attributable to ares management corporation class a and non-voting common stockholders | 426,112 | 440,961 | 474,326 | 167,541 |
Ares Management Corp (ARES)
Ares Management Corp (ARES)