FY2025 · ended Dec 31, 2025 · Revenue $5.60B, +44.2% YoY · Filed Feb 25, 2026
Ares Management Corporation (ARES) files with the SEC under industry code 6282, Investment Advice. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $5.6 billion and net income of $527.4 million. As of Jun 30, 2026 it held $557.1 million in cash and investments and $812.6 million in total debt.
Revenue (TTM)
$5.99B
+24.0% vs year-ago TTM
Net income (TTM)
$636.35M
Operating cash flow (TTM)
$912.12M
-77.5% vs year-ago TTM
Free cash flow
$-1.44B
+24.3% vs prior year
EPS
—
Dividend per share
$1.88
+46.9% vs prior year
Shares outstanding
313.17M
+1.8% vs prior year
Net cash
$-255.50M
as of Jun 30, 2026
Operating margin
—
Company profile
- Industry
- Investment Advice (SIC 6282)
- Listed as
- ARES (NYSE), ARES-PB (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Los Angeles, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1176948
- Former names
- ARES MANAGEMENT LP (until Nov 26, 2018)
Other Investment Advice companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $5.6B | $3.9B | $3.6B | $3.1B | $4.2B |
| Net income | $527.4M | $463.7M | $474.3M | $167.5M | $408.8M |
| Operating cash flow | $3.3B | $2.8B | -$233.3M | -$734.1M | -$2.6B |
| Total assets | $28.6B | $24.9B | $24.7B | $22.0B | $21.6B |
| Total liabilities | $19.9B | $17.5B | $19.7B | $17.1B | $16.7B |
| Stockholders' equity | $4.3B | $3.5B | $1.9B | $1.6B | $1.8B |
| Cash and investments | $488.9M | $1.5B | $348.3M | $390.0M | $343.7M |
| Total debt | $670.0M | $641.9M | $319.6M | $190.9M | $206.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Oct 29, 2026 | Oct 29, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 30, 2026 | Sep 30, 2026 |
| 10-Q | Quarterly report | Aug 7, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Jul 31, 2026 | Jul 31, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Jul 10, 2026 | Jul 10, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 11, 2026 | Jun 8, 2026 |
All 1000 Ares Management Corporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.