ARES MANAGEMENT CORPORATION (ARES) — financial distillation
Annual history (10-K)
Quarterly history (10-Q)
Two headline lines are shown to start. Click any item in a legend to add or remove it — every figure on the chart is one the table below also carries, for the period it names.
In brief, from the full filed history
- Revenue grew from $334.0M (period ending 2012-12-31) to $5.60B (period ending 2025-12-31) — a 24.2% annual pace across 13 year(s) of filed history.
- Net margin expanded from 5.8% to 9.4% over that same span.
- Across 40 tracked quarters, the strongest was $1.66B (quarter ending 2025-09-30) and the weakest was $13.4M (quarter ending 2020-03-31).
Annual — most recent 10-K
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $5.60B | 2025-12-31 | 10-K | 0001628280-26-011413 |
| Net income | $527.4M | 2025-12-31 | 10-K | 0001628280-26-011413 |
| Total assets | $28.63B | 2025-12-31 | 10-K | 0001628280-26-011413 |
| Total liabilities | $19.93B | 2025-12-31 | 10-K | 0001628280-26-011413 |
| Operating cash flow | $3.27B | 2025-12-31 | 10-K | 0001628280-26-011413 |
Quarterly — most recent 10-Q
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $1.43B | 2026-06-30 | 10-Q | 0001628280-26-054538 |
| Net income | $150.6M | 2026-06-30 | 10-Q | 0001628280-26-054538 |
| Total assets | $29.63B | 2026-06-30 | 10-Q | 0001628280-26-054538 |
| Total liabilities | $21.00B | 2026-06-30 | 10-Q | 0001628280-26-054538 |
| Cash & equivalents | $152.2M | 2019-09-30 | 10-Q | 0001628280-19-013488 |
| Operating cash flow | $406.5M | 2026-03-31 | 10-Q | 0001628280-26-032990 |
Reading
The figures above are taken directly from filings with the U.S. Securities and Exchange Commission. The reading below was generated by a local language model from only those figures; it introduces no numbers of its own. It is not investment advice.
ARES Management Corporation operates in the alternative asset management sector, with a scale evident from its substantial total assets of $28.63B as of the latest annual filing. The company’s revenue has exhibited robust growth, escalating from $334.0M in 2012 to $5.60B in 2025, reflecting a remarkable compound annual growth rate (CAGR) of 24.2% over the past 13 years. This growth trajectory underscores the company’s expansion and market penetration within its diverse investment strategies encompassing private equity, credit, and real estate.
Net income has also shown a positive trend, increasing from $35.0M in 2014 to $527.4M in 2025, indicating improved profitability over time. Notably, the net margin has expanded from 5.8% in 2014 to 9.4% by 2025, suggesting enhanced operational efficiency and cost management. The company’s operating cash flow, a key indicator of financial health, has been consistently strong, reaching $3.27B annually and peaking at $406.5M in the most recent quarter, demonstrating robust liquidity and cash generation capabilities.
In monitoring future filings, investors should focus on how ARES maintains its growth momentum amidst market cycles, given the historical volatility observed in quarterly revenues, which ranged from $13.4M to $1.66B over 40 tracked quarters. Additionally, attention should be paid to net income fluctuations and how ARES navigates regulatory changes and competitive pressures within the alternative asset management landscape.
Source: SEC EDGAR company facts for CIK 0001176948 · filings index