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Ares Management income statement

In fiscal 2025, Ares Management reported revenue of $4.76bn, up 28.9% on the year before and net income of $527m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue3344796048149651,0851,2181,4331,7542,2892,8803,2363,6914,7565,303
Selling, general and administrative————————2594446956607379961,032
Interest expense———191821——253771————
Income before tax1,262873557812981501844253791,0665111,3331,2751,2871,558
Income tax2659111911−2332525514772173165199253
Net income1,23681335191127657149152409168474464527636

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Ares Management's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ares Management.