8-K Announcements
6Mar 31, 2026·SEC
Mar 31, 2026·SEC
Feb 5, 2026·SEC
Ares Management Corporation (ARES) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Ares Management Corporation (ARES) stock price & volume — 10-year historical chart
Ares Management Corporation (ARES) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Ares Management Corporation (ARES) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 1, 2026 | $1.24vs $1.32-6.1% | $1.4Bvs $1.3B+6.6% |
| Q1 2026 | Feb 5, 2026 | $1.45vs $1.69-14.2% | $1.5Bvs $1.5B+0.7% |
| Q4 2025 | Nov 3, 2025 | $1.19vs $1.15+3.5% | $1.7Bvs $1.1B+57.0% |
| Q3 2025 | Aug 1, 2025 | $1.03vs $1.08-4.6% | $1.4Bvs $1.0B+33.3% |
Ares Management Corporation (ARES) competitors in Alternative asset managers — business model, growth, and fundamentals comparison
Ares Management Corporation (ARES) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Ares Management Corporation (ARES) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 46.82M | 100.56M | 105.69M | 160.5M | 152.88M | 113.21M | 153.94M | -1.9M | -96.59M |
| NII Growth % | 37.69% | 114.79% | 5.1% | 51.86% | -4.75% | -25.95% | 35.98% | -101.23% | -4988.88% |
| Net Interest Margin % | 0.55% | 0.99% | 0.88% | 1.06% | 0.71% | 0.51% | 0.62% | -0.01% | -0.33% |
| Interest Income | 194.76M | 344.9M | 403.11M | 471.72M | 447.68M | 595.93M | 1.01B | 976.4M | 670.87M |
| Interest Expense | 147.95M | 244.34M | 297.42M | 311.22M | 294.81M | 482.72M | 860.88M | 978.3M | 767.46M |
| Loan Loss Provision | 366.16M | 326.04M | 355.94M | 456.03M | 867.83M | 1.02B | 625.82M | 753.45M | 863.46M |
| Non-Interest Income | 1.29B | 613.56M | 1.36B | 1.29B | 3.76B | 2.46B | 2.62B | 2.91B | 5.8B |
| Non-Interest Income % | 86.84% | 64.01% | 77.17% | 73.26% | 89.37% | 80.5% | 72.06% | 74.87% | 89.63% |
| Total Revenue | 1.48B▲ 0% | 958.46M▼ 35.2% | 1.77B▲ 84.2% | 1.76B▼ 0.1% | 4.21B▲ 138.8% | 3.06B▼ 27.5% | 3.63B▲ 18.9% | 3.88B▲ 7.0% | 6.47B▲ 66.6% |
| Revenue Growth % | 17.98% | -35.24% | 84.2% | -0.08% | 138.77% | -27.46% | 18.87% | 6.96% | 66.55% |
| Non-Interest Expense | 1.06B | 299.98M | 809.45M | 683.23M | 2.25B | 1.25B | 1.31B | 1.21B | 3.08B |
| Efficiency Ratio | 71.29% | 31.3% | 45.85% | 38.73% | 53.36% | 40.93% | 36.1% | 31.07% | 47.57% |
| Operating Income | -89.26M▲ 0% | 88.1M▲ 198.7% | 302.64M▲ 243.5% | 313.56M▲ 3.6% | 802.01M▲ 155.8% | 306.36M▼ 61.8% | 834.03M▲ 172.2% | 946.09M▲ 13.4% | 1.76B▲ 86.2% |
| Operating Margin % | -6.03% | 9.19% | 17.14% | 17.78% | 19.04% | 10.03% | 22.96% | 24.35% | 27.22% |
| Operating Income Growth % | -148.83% | 198.7% | 243.52% | 3.61% | 155.78% | -61.8% | 172.24% | 13.44% | 86.17% |
| Pretax Income | 149.86M▲ 0% | 184.34M▲ 23.0% | 425.18M▲ 130.6% | 379.48M▼ 10.7% | 1.07B▲ 180.8% | 510.81M▼ 52.1% | 1.33B▲ 161.0% | 1.28B▼ 4.3% | 1.29B▲ 0.9% |
| Pretax Margin % | 10.13% | 19.23% | 24.08% | 21.51% | 25.3% | 16.72% | 36.7% | 32.83% | 19.89% |
| Income Tax | -23.05M | 32.2M | 52.38M | 54.99M | 147.38M | 71.89M | 172.97M | 164.62M | 198.53M |
| Effective Tax Rate % | -15.38% | 17.47% | 12.32% | 14.49% | 13.83% | 14.07% | 12.98% | 12.91% | 15.43% |
| Net Income | 76.18M▲ 0% | 57.02M▼ 25.1% | 148.88M▲ 161.1% | 152.14M▲ 2.2% | 408.84M▲ 168.7% | 167.54M▼ 59.0% | 474.33M▲ 183.1% | 463.74M▼ 2.2% | 527.36M▲ 13.7% |
| Net Margin % | 5.15% | 5.95% | 8.43% | 8.62% | 9.71% | 5.48% | 13.06% | 11.94% | 8.15% |
| Net Income Growth % | -31.87% | -25.15% | 161.11% | 2.19% | 168.72% | -59.02% | 183.11% | -2.23% | 13.72% |
| Net Income (Continuing) | 172.91M | 152.14M | 372.8M | 324.49M | 918.3M | 438.92M | 1.16B | 1.11B | 1.09B |
| EPS (Diluted) | 0.62▲ 0% | 0.30▼ 51.6% | 1.06▲ 253.3% | 0.87▼ 17.9% | 2.15▲ 147.1% | 0.87▼ 59.5% | 2.42▲ 178.2% | 2.07▼ 14.5% | 1.96▼ 5.3% |
| EPS Growth % | -48.33% | -51.61% | 253.33% | -17.92% | 147.13% | -59.53% | 178.16% | -14.46% | -5.31% |
| EPS (Basic) | 0.62 | 0.30 | 1.11 | 0.89 | 2.25 | 0.87 | 2.46 | 2.07 | 1.96 |
| Diluted Shares Outstanding | 81.84M | 96.02M | 119.88M | 149.51M | 180.11M | 175.51M | 195.77M | 198.05M | 217.36M |
Ares Management Corporation (ARES) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 675.43M | 494.89M | 744.71M | 1.06B | 1.39B | 1.11B | 1.5B | 2.74B | 1.5B |
| Cash & Due from Banks | 675.43M | 494.89M | 744.71M | 1.06B | 1.39B | 1.11B | 1.5B | 2.74B | 1.5B |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 7.31B | 9B | 10.39B | 12.56B | 16.5B | 17.18B | 19.23B | 17.38B | 12.84B |
| Investments Growth % | 92.37% | 23.15% | 15.47% | 20.87% | 31.38% | 4.11% | 11.92% | -9.59% | -26.11% |
| Long-Term Investments | 7.31B | 9B | 10.39B | 12.56B | 16.5B | 17.18B | 19.23B | 17.38B | 12.84B |
| Accounts Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 184.36M | 175.22M | 151.83M | 593.13M | 2.21B | 2.21B | 2.18B | 2.14B | 5.57B |
| Goodwill | 143.9M | 143.79M | 143.85M | 371.05M | 787.97M | 999.66M | 1.12B | 1.16B | 3.45B |
| Intangible Assets | 40.47M | 31.43M | 7.97M | 222.09M | 1.42B | 1.21B | 1.06B | 975.83M | 2.12B |
| PP&E (Net) | 61.15M | 63.38M | 206.29M | 215.62M | 238.91M | 235.63M | 371.55M | 688.99M | 517.35M |
| Other Assets | 43.55M | 35.59M | 33.82M | 42.89M | 64.34M | 111.62M | 157.45M | 186.08M | 6.71B |
| Total Current Assets | 958.72M | 839.06M | 1.18B | 1.69B | 2.55B | 2.2B | 2.77B | 4.25B | 3.35B |
| Total Non-Current Assets | 7.6B | 9.32B | 10.83B | 13.48B | 19.05B | 19.8B | 21.96B | 20.64B | 25.64B |
| Total Assets | 8.56B▲ 0% | 10.15B▲ 18.6% | 12.01B▲ 18.3% | 15.17B▲ 26.3% | 21.61B▲ 42.4% | 22B▲ 1.8% | 24.73B▲ 12.4% | 24.88B▲ 0.6% | 28.99B▲ 16.5% |
| Asset Growth % | 46.89% | 18.58% | 18.31% | 26.26% | 42.43% | 1.84% | 12.4% | 0.62% | 16.51% |
| Return on Assets (ROA) | 1.06% | 0.61% | 1.34% | 1.12% | 2.22% | 0.77% | 2.03% | 1.87% | 1.96% |
| Accounts Payable | 146.27M | 167.1M | 150.03M | 162.11M | 382.93M | 400.21M | 423.41M | 686.97M | 0 |
| Total Debt | 11.3B | 7.37B | 8.57B | 10.9B | 12.49B | 13.33B | 15.76B | 13.15B | 14.91B |
| Net Debt | 10.62B | 6.87B | 7.82B | 9.84B | 11.1B | 12.22B | 14.26B | 10.41B | 13.41B |
| Long-Term Debt | 5.59B | 7.16B | 8.29B | 10.6B | 12.16B | 12.98B | 15.31B | 12.23B | 12.77B |
| Short-Term Debt | 132.48M | 207.92M | 106.05M | 121.91M | 127.77M | 168.05M | 125.24M | 275M | 1.49B |
| Other Liabilities | -5.55B | 29.39M | 37.8M | 222.29M | 1.41B | 1.62B | 834.29M | 855.09M | 5B |
| Total Current Liabilities | 1.49B | 1.57B | 1.66B | 1.69B | 4.02B | 3.42B | 3.79B | 4.33B | 1.49B |
| Total Non-Current Liabilities | 5.61B | 7.19B | 8.5B | 11B | 13.77B | 14.78B | 16.47B | 13.73B | 18.8B |
| Total Liabilities | 7.1B | 8.76B | 10.16B | 12.7B | 17.79B | 18.2B | 20.26B | 18.06B | 20.29B |
| Total Equity | 1.46B▲ 0% | 1.39B▼ 4.5% | 1.86B▲ 33.3% | 2.47B▲ 33.0% | 3.81B▲ 54.3% | 3.8B▼ 0.4% | 4.47B▲ 17.8% | 6.82B▲ 52.5% | 8.7B▲ 27.5% |
| Equity Growth % | 6.03% | -4.52% | 33.3% | 32.99% | 54.32% | -0.41% | 17.79% | 52.52% | 27.51% |
| Equity / Assets (Capital Ratio) | 17.05% | 13.73% | 15.47% | 16.29% | 17.66% | 17.26% | 18.09% | 27.42% | 30.01% |
| Return on Equity (ROE) | 5.37% | 3.99% | 9.15% | 7.03% | 13.01% | 4.4% | 11.47% | 8.21% | 6.79% |
| Book Value per Share | 17.84 | 14.52 | 15.50 | 16.53 | 21.18 | 21.64 | 22.85 | 34.46 | 40.03 |
| Tangible BV per Share | 15.59 | 12.70 | 14.24 | 12.57 | 8.90 | 9.06 | 11.71 | 23.66 | 14.41 |
| Common Stock | 279.06M | 1.02M | 1.15M | 2.6M | 2.9M | 2.95M | 3.08M | 3.13M | 3.24M |
| Additional Paid-in Capital | 0 | 326.01M | 525.24M | 1.04B | 1.91B | 1.97B | 2.39B | 2.94B | 4.24B |
| Retained Earnings | 0 | -29.34M | -50.82M | -151.82M | -89.38M | -369.48M | -495.08M | -837.29M | -1.45B |
| Accumulated OCI | -4.21M | -8.52M | -6.05M | 483K | -1.85M | -14.99M | -5.63M | -17.76M | 21.74M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 298.76M | 298.76M | 298.76M | 298.76M | 0 | 0 | 0 | 1.46B | 1.46B |
Ares Management Corporation (ARES) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -1.86B | 428.08M | -2.08B | -425.66M | -2.6B | -734.11M | -233.26M | 2.79B | 1.62B |
| Operating CF Growth % | -197.77% | 122.98% | -586.6% | 79.57% | -509.89% | 71.72% | 68.23% | 1296.58% | -42.08% |
| Net Income | 172.91M | 152.14M | 372.8M | 324.49M | 390.71M | 438.92M | 1.16B | 1.11B | 484.79M |
| Depreciation & Amortization | 32.81M | 28.52M | 39.46M | 41.25M | 113.96M | 341.34M | 231.71M | 158.58M | 241.93M |
| Deferred Taxes | -8.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -2.03B | 188.22M | -2.18B | -975.05M | -3.2B | -1.52B | -1.43B | 1.37B | 616.56M |
| Working Capital Changes | -100.93M | 164.69M | -413.87M | 60.67M | 98.52M | -194.63M | -454.06M | -202.99M | 273.24M |
| Cash from Investing | -33.16M | -18.42M | -16.8M | -136.76M | -1.08B | -337.38M | -111.08M | -159.4M | 694.23M |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.51B | -8.5B |
| Sale/Maturity of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.25B | 11B |
| Net Investment Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.74B | 2.5B |
| Acquisitions | 0 | 0 | 0 | -120.82M | -1.06B | -301.58M | -43.9M | -67.89M | -1.73B |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.74B | 0 |
| Cash from Financing | 1.65B | 1.41B | 2.12B | 943.89M | 3.5B | 1.13B | 292.13M | -1.43B | -3.27B |
| Dividends Paid | -283.36M | -156.55M | -345.37M | -468.48M | -604.36M | -836.36M | -1.03B | -1.31B | -1.76B |
| Share Repurchases | 0 | 0 | -10.45M | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Issued | 1.04M | 105.33M | 206.71M | 476.03M | 827.43M | 21.2M | 85.96M | 407.12M | 0 |
| Net Stock Activity | 1.04M | 105.33M | 196.26M | 476.03M | 827.43M | 21.2M | 85.96M | 407.12M | 0 |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K |
| Other Financing | 117.92M | -157.09M | 130.31M | -215.98M | 757.37M | 173.85M | -445.61M | 291.4M | -1.3B |
| Net Change in Cash | -223.93M▲ 0% | -8.68M▲ 96.1% | 28.14M▲ 424.1% | 401.43M▲ 1326.7% | -196.16M▼ 148.9% | 46.33M▲ 123.6% | -41.71M▼ 190.0% | 1.16B▲ 2880.2% | -1.29B▼ 211.0% |
| Exchange Rate Effect | 17.36M | 21.5M | 5.62M | 19.96M | -19.1M | -10.24M | 10.5M | -40.45M | -323.63M |
| Cash at Beginning | 342.86M | 118.93M | 110.25M | 138.38M | 539.81M | 343.65M | 389.99M | 348.27M | 2.74B |
| Cash at End | 118.93M | 110.25M | 138.38M | 539.81M | 343.65M | 389.99M | 348.27M | 1.51B | 1.45B |
| Interest Paid | 94.11M | 184.95M | 233.09M | 257.13M | 205.09M | 320.33M | 722.64M | 866.76M | 0 |
| Income Taxes Paid | 18.18M | 27.48M | 35.63M | 38.17M | 22.79M | 104.86M | 62.01M | 107.57M | 0 |
| Free Cash Flow | -1.9B▲ 0% | -1.44B▲ 24.3% | -2.1B▼ 46.3% | -441.6M▲ 79.0% | -2.62B▼ 494.0% | -769.91M▲ 70.7% | -300.44M▲ 61.0% | 2.7B▲ 998.6% | 1.54B▼ 42.8% |
| FCF Growth % | -197.41% | 24.3% | -46.28% | 78.97% | -494.04% | 70.65% | 60.98% | 998.55% | -42.79% |
Ares Management Corporation (ARES) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 9.44% | 5.37% | 3.99% | 9.15% | 7.03% | 13.01% | 4.4% | 11.47% | 8.21% | 6.79% |
| Return on Assets (ROA) | 2.2% | 1.06% | 0.61% | 1.34% | 1.12% | 2.22% | 0.77% | 2.03% | 1.87% | 1.96% |
| Net Interest Margin | 0.58% | 0.55% | 0.99% | 0.88% | 1.06% | 0.71% | 0.51% | 0.62% | -0.01% | -0.33% |
| Efficiency Ratio | 49.74% | 71.29% | 31.3% | 45.85% | 38.73% | 53.36% | 40.93% | 36.1% | 31.07% | 47.57% |
| Equity / Assets | 23.62% | 17.05% | 13.73% | 15.47% | 16.29% | 17.66% | 17.26% | 18.09% | 27.42% | 30.01% |
| Book Value / Share | 16.61 | 17.84 | 14.52 | 15.5 | 16.53 | 21.18 | 21.64 | 22.85 | 34.46 | 40.03 |
| NII Growth | 1.05% | 37.69% | 114.79% | 5.1% | 51.86% | -4.75% | -25.95% | 35.98% | -101.23% | -4988.88% |
| Dividend Payout | 179.47% | 343.48% | 274.55% | 217.4% | 293.66% | 145.17% | 499.2% | 217.29% | 282.68% | - |
Ares Management Corporation (ARES) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 31, 2026·SEC
Mar 31, 2026·SEC
Feb 5, 2026·SEC
Ares Management Corporation (ARES) stock FAQ — growth, dividends, profitability & financials explained
Ares Management Corporation (ARES) grew revenue by 66.6% over the past year. This is strong growth.
Yes, Ares Management Corporation (ARES) is profitable, generating $527.4M in net income for fiscal year 2025 (8.2% net margin).
Yes, Ares Management Corporation (ARES) pays a dividend with a yield of 6.57%. This makes it attractive for income-focused investors.
Ares Management Corporation (ARES) has a return on equity (ROE) of 6.8%. This is below average, suggesting room for improvement.
Ares Management Corporation (ARES) has a net interest margin (NIM) of -0.3%. NIM has been under pressure due to interest rate environment.
Ares Management Corporation (ARES) has an efficiency ratio of 47.6%. This is excellent, indicating strong cost control.
Ares Management Corporation (ARES) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates