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Companies / Financials / Ares Management
ARES

Ares Management

FinancialsBanks & BrokersS&P 500
Ticker ARESLOS ANGELES, CAFiscal year ends DecemberBook value per share $17.62Diluted shares 225.2M

Ares Management Corporation (NYSE: ARES) is a global alternative investment manager that raises and manages capital for institutional and retail investors through funds, separately managed accounts, publicly traded funds and perpetual wealth vehicles. Its investment strategies span credit, real assets, secondaries and… From the company’s description.

In fiscal 2025, Ares Management reported revenue of $5.60B, up 44.2% from fiscal 2024. Its pre-tax margin was 15.9%. Over the twelve months to Jun 30, 2026, revenue was $5.99B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$5.60BFY2025
+44.2% year over year
Last 12 mo $5.99B
15.94%FY2025
−8.4 percentage points
Last 12 mo 18.08%
—
12.33%FY2025
−0.8 percentage points
Last 12 mo 16.04%
Cash & financing
$3.27BFY2025
+17.0% year over year
Last 12 mo $912.13M
$3.27BFY2025
+17.0% year over year
Last 12 mo $912.13M
1.45FY2025
Was 0.80× a year earlier
Last 12 mo 1.79
217.4MFY2025
+9.7% year over year
Last 12 mo 225.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Ares Management does

In the company’s own words

Ares Management Corporation (NYSE: ARES) is a global alternative investment manager that raises and manages capital for institutional and retail investors through funds, separately managed accounts, publicly traded funds and perpetual wealth vehicles. Its investment strategies span credit, real assets, secondaries and private equity, with additional businesses in insurance solutions, venture capital and other investments. Credit strategies include direct lending, liquid and alternative credit, while real assets investments cover real estate and infrastructure; secondaries strategies acquire interests in existing investment funds and provide related restructuring and liquidity solutions. The company had $622.5 billion in assets under management and more than 4,250 employees across over 55 offices in more than 25 countries as of December 31, 2025. Its Real Assets Group expanded through the 2025 acquisition of GLP Capital Partners’ international business, adding logistics and digital infrastructure capabilities. Ares was founded in 1997. Its website is www.aresmgmt.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
LOS ANGELES, CA
Fiscal year end
December
CIK
1176948
SIC
6282

Financial performance, year by year

Fiscal 2014–2025 · USD
$-598.76M$1.20B$2.99B$4.79B$6.59B201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Ares Management — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

608
funds hold it
1 of 35
superinvestors hold it
$11.46B
held by funds, at market
44.3%
of shares held by funds
2
bond issues held by funds

Superinvestors in Ares Management · what they did last quarter

Daniel LoebNEW
Third Point
0.9%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Ares Management’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%of fund net assets
Schwab U.S. Dividend Equity ETF
SCHD · SCHWAB STRATEGIC TRUST
0.67%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.04%of fund net assets
0.15%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.23%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Ares Management’s bonds, as funds hold them

Funds report holding 2 issues of Ares Management’s debt, $133.57M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.15%, maturing 2028 to 2054.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Ares Management and its peers compare on margins and cash generation over ten years?”
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