| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2019 | FY2019 | FY2019 | FY2018 | FY2018 | FY2018 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | $5.60B+44.2% | $3.88B+7.0% | $3.63B+18.9% | $3.06B | |||||||||||
| Compensation and benefits | $2.57B+48.2% | $1.73B+16.5% | $1.49B-0.8% | $1.50B | |||||||||||
| Performance related compensation | $1.09B+143.4% | $449.6M-26.0% | $607.5M+17.1% | $518.8M | |||||||||||
| General, administrative and other expenses | $996.1M+35.2% | $736.5M+11.6% | $660.1M-5.0% | $695.3M | |||||||||||
| 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 | |||||||||||
| Total other income (expense), net | $394.2M+19.7% | $329.3M-34.0% | $499.0M+144.1% | $204.4M | |||||||||||
| Income before taxes | $1.29B+0.9% | $1.28B-4.3% | $1.33B+161.0% | $510.8M | |||||||||||
| Income tax expense | $198.5M+20.6% | $164.6M-4.8% | $173.0M+140.6% | $71.9M | |||||||||||
| Net income | $1.09B-2.0% | $1.11B-4.3% | $1.16B+164.3% | $438.9M | |||||||||||
| 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 | |||||||||||
| Net income attributable to Ares Operating Group entities | $834.5M+2.4% | $815.0M-8.0% | $885.8M+177.2% | $319.6M | |||||||||||
| Less: Net income attributable to redeemable interest in Ares Operating Group entities | $1.3M+1209.7% | $103K-54.4% | $226K+126.6% | -$851K | |||||||||||
| 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 | |||||||||||
| Net income attributable to Ares Management Corporation | $527.4M+13.7% | $463.7M-2.2% | $474.3M+183.1% | $167.5M | |||||||||||
| 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 | |||||||||||
| Series B Mandatory Convertible Preferred Stock | |||||||||||||||
| Less: Series B mandatory convertible preferred stock dividends declared | $101.3M+344.4% | $22.8M | $0 | $0 | |||||||||||
| 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 | |||||||||||
| Diluted (in dollars per share) | $1710.00-16.2% | $2040.00-15.7% | $2420.00+178.2% | $870.00 | |||||||||||
| Basic (in shares) | 217.36B+9.7% | 198.05B+7.3% | 184.52B+5.1% | 175.51B | |||||||||||
| Diluted (in shares) | 217.36B+9.7% | 198.05B+1.2% | 195.77B+11.5% | 175.51B | |||||||||||
| Ares Operating Group | |||||||||||||||
| Net realized and unrealized gains on investments | $551.1M+75.5% | $314.0M+19.5% | $262.7M+258.0% | $73.4M | |||||||||||
| Interest and dividend income | $47.5M+10.2% | $43.1M+123.4% | $19.3M+105.1% | $9.4M | |||||||||||
| Interest expense | -$595.8M+28.7% | -$835.3M-10.7% | -$754.6M-83.4% | -$411.4M | |||||||||||
| Other income (expense), net | -$319.7M-51096.0% | $627K-87.0% | $4.8M-63.3% | $13.1M | |||||||||||
| Consolidated Funds | |||||||||||||||
| Interest and other income of Consolidated Funds | $575.3M-38.4% | $933.3M-6.2% | $995.5M+69.7% | $586.5M | |||||||||||
| 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. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.