Ares Management Corporation (ARES) Earnings History
Annual and quarterly earnings data from 2011 to 2025
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ARES EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
ARES Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 74.8% | 27.2% | 8.2% |
| 2024 | 55.4% | 24.4% | 11.9% |
| 2023 | 59.1% | 23.0% | 13.1% |
| 2022 | 51.0% | 10.0% | 5.5% |
| 2021 | 72.4% | 19.0% | 9.7% |
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Ares Management Corporation (ARES) Earnings Overview
As of May 6, 2026, Ares Management Corporation (ARES) reported trailing twelve-month net income of $527M, reflecting -5.3% year-over-year growth. The company earned $2.38 per diluted share over the past four quarters, with a net profit margin of 8.2%.
Looking at the long-term picture, ARES's 5-year EPS compound annual growth rate (CAGR) stands at +17.6%, indicating exceptional earnings growth. The company achieved its highest annual net income of $527M in fiscal 2025, representing a new all-time high.
Ares Management Corporation maintains positive profitability with a gross margin of 74.8%, operating margin of 27.2%, and net margin of 8.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including APO ($4.23B net income, 16.9% margin), KKR ($2.37B net income, 12.3% margin), BX ($3.02B net income, 21.8% margin), ARES has room to improve margins relative to the peer group. Compare ARES vs APO →
ARES Earnings vs Peers
Earnings metrics vs comparable public companies
ARES Historical Earnings Data (2011–2025)
15 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $527M | +13.7% | $1.76B | $1.96 | 8.2% | 27.2% |
| 2024 | $464M | -2.2% | $946M | $2.07 | 11.9% | 24.4% |
| 2023 | $474M | +183.1% | $834M | $2.42 | 13.1% | 23.0% |
| 2022 | $168M | -59.0% | $306M | $0.87 | 5.5% | 10.0% |
| 2021 | $409M | +168.7% | $802M | $2.15 | 9.7% | 19.0% |
| 2020 | $152M | +2.2% | $314M | $0.87 | 8.6% | 17.8% |
| 2019 | $149M | +161.1% | $303M | $1.06 | 8.4% | 17.1% |
| 2018 | $57M | -25.1% | $88M | $0.30 | 5.9% | 9.2% |
| 2017 | $76M | -31.9% | -$89M | $0.62 | 5.1% | -6.0% |
| 2016 | $112M | +477.0% | $183M | $1.20 | 8.9% | 14.6% |
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Start ComparisonARES — Frequently Asked Questions
Quick answers to the most common questions about buying ARES stock.
Is ARES growing earnings?
ARES EPS fell to $2.38, with earnings declining -5.3%. This contrasts with the 5-year CAGR of +17.6%. TTM net income dropped to $527M.
What are ARES's profit margins?
Ares Management Corporation net margin is +8.2%, with operating margin at +27.2%. Margins sit within typical range for the sector.
How consistent are ARES's earnings?
ARES earnings data spans 2011-2025. The declining earnings trend is -5.3% YoY. Historical data enables comparison across business cycles.