Ares Management Income Statement
ARES / Financials|14 years of annual SEC 10-K data (FY2012-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
Ares Management reported $4.8B in revenue and $527M in net income for FY2025. Revenue has grown at a 22.7% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.20 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.8B | $3.7B | $3.2B | $2.9B | $2.3B | $1.8B | $1.4B | $1.2B | $1.1B | $964.8M | $814.4M | $603.9M | $478.7M | $334.0M |
| SG&A Expense | $996.1M | $736.5M | $660.1M | $695.3M | $444.2M | $259.0M | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | $71.4M | $36.8M | $24.9M | - | - | $21.2M | $18.0M | $18.9M | - | - | - |
| Income Tax | $198.5M | $164.6M | $173.0M | $71.9M | $147.4M | $55.0M | $52.4M | $32.2M | -$23.1M | $11.0M | $19.1M | $11.3M | $59.3M | $26.2M |
| Net Income | $527.4M | $463.7M | $474.3M | $167.5M | $408.8M | $152.1M | $148.9M | $57.0M | $76.2M | $111.8M | $19.4M | $35.0M | $813.4M | $1.2B |
| Shares Outstanding | - | 307.6M | 294.6M | 290.5M | 259.6M | 115.2M | 101.6M | 0 | - | - | - | - | - | - |
| Profit Margin | 11.1% | 12.6% | 14.7% | 5.8% | 17.9% | 8.7% | 10.4% | 4.7% | 7.0% | 11.6% | 2.4% | 5.8% | - | - |