Company / SG&A Expense
Ares Management SG&A Expense History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$996.1M
FY2025
5-year range
$259.0M / $996.1M
FY2021-FY2025
Trend
+35.2%
vs FY2024
Sector context
#28 of 138
Financials
What the data says
Ares Management's sg&a expense of $996M is higher than 80% of companies in the Financials sector (FY2025). SG&A Expense has increased for 3 consecutive years, from $259M in FY2022 to $996M in FY2025.
Based on SEC 10-K filings.
$996M in FY2025 with a 3-year CAGR of +56.7%. Top quartile in the Financials sector.
Increased from $444M to $996M over the past 2 years.
Financials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +56.7%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 20% in FinancialsTop 80% of 138This company $996.1M Sector average $902.3M
▼
+10.4% above sector average
Key checks
Key Insights
- Ares Management's sg&a expense has grown for 3 consecutive years.
- 3-year CAGR of +56.7%, indicating consistent growth.
- In FY2025, sg&a expense increased 35.2% year-over-year.
- Ranks #28 out of 138 companies in the Financials sector.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $996.1M | +35.2% |
| FY2024 | $736.5M | +65.8% |
| FY2023 | $444.2M | +71.5% |
| FY2022 | $259.0M | -41.7% |
| FY2021 | $444.2M | - |
| FY2020 | - | - |
| FY2019 | - | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026