Company / Income Tax
Ares Management Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$198.5M
FY2025
5-year range
$71.9M / $198.5M
FY2021-FY2025
Trend
+20.6%
vs FY2024
Sector context
#97 of 392
Financials
What the data says
Ares Management's income tax of $199M is higher than 75% of companies in the Financials sector (FY2025). Income Tax has fluctuated over the past 10 years, ranging from -$23M in FY2017 to $199M in FY2025.
Based on SEC 10-K filings.
$199M in FY2025 with a 5-year CAGR of +29.3%. Top quartile in the Financials sector.
Increased from $173M to $199M over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +40.3%
- 5-Year CAGR
- +29.3%
- 10-Year CAGR
- -
Sector benchmark
Bottom 25% in FinancialsTop 75% of 392This company $198.5M Sector average $321.5M
▼
-38.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +29.3%, indicating consistent growth.
- In FY2025, income tax increased 20.6% year-over-year.
- Ranks #97 out of 392 companies in the Financials sector.
- Lowest income tax in the period was in FY2017.
Company context
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.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $198.5M | +20.6% |
| FY2024 | $164.6M | -4.8% |
| FY2023 | $173.0M | +140.6% |
| FY2022 | $71.9M | -51.2% |
| FY2021 | $147.4M | +168.0% |
| FY2020 | $55.0M | +5.0% |
| FY2019 | $52.4M | +62.6% |
| FY2018 | $32.2M | +239.7% |
| FY2017 | -$23.1M | -309.2% |
| FY2016 | $11.0M | -42.2% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026