Financials · Asset Management & Custody Banks
Ares Management: revenue, profit and dividends
In fiscal 2025, Ares Management had revenue of $4.76B, up 19.3% a year on average since 2015, and net income of $527M (11.1% of revenue). It paid a dividend of $4.48 a share.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +28.9% vs 2024
- Ticker
- ARES · NYSE
- Sector
- Financials
- Sub-industry
- Asset Management & Custody Banks
- Headquarters
- Los Angeles, California
- Founded
- 1977
- In the S&P 500 since
- December 11, 2025
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Ares Management Corp · CIK 0001176948
Revenue and net income
Revenue went from $334M in 2012 to $4.76B in 2025.
Dividends per share
Raised 1 year in a row, every year from 2025 to 2025. Ten-year growth: 17.7% a year.
Shares outstanding
From 80.7M in 2014 to 82.8M in 2017.
Operating cash flow, capex and free cash flow
Negative in 2015–2019.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4.76B | $527M | 11.1% | $4.48* | — | — | — | — |
| 2024 | $3.69B | $464M | 12.6% | $3.72* | — | — | — | — |
| 2023 | $3.24B | $474M | 14.7% | — | — | — | — | — |
| 2022 | $2.88B | $168M | 5.8% | — | — | — | — | — |
| 2021 | $2.29B | $409M | 17.9% | $1.88 | — | — | — | — |
| 2020 | $1.75B | $152M | 8.7% | — | — | — | — | — |
| 2019 | $1.43B | $149M | 10.4% | $1.28 | — | −$2.08B | $16.8M | −$2.1B |
| 2018 | $1.22B | $57M | 4.7% | $1.33 | — | −$1.42B | $18.4M | −$1.44B |
| 2017 | $1.09B | $76.2M | 7.0% | $1.13 | 82.8M | −$1.86B | $33.2M | −$1.9B |
| 2016 | $965M | $112M | 11.6% | $0.83 | 81.1M | −$626M | $11.9M | −$638M |
| 2015 | $814M | $19.4M | 2.4% | $0.88 | 80.7M | −$528M | $10.7M | −$539M |
| 2014 | $604M | $35M | 5.8% | $0.42 | 80.7M | $1.53B | $16.7M | $1.52B |
| 2013 | $479M | — | — | — | — | — | — | — |
| 2012 | $334M | — | — | — | — | — | — | — |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data. * added up from quarterly reports.
About these figures
- Share counts are the shares outstanding on the cover of each annual report: the diluted average is not in the data for enough years.
- Not in the filings data: diluted EPS.
- Share counts: no figures after 2017 in the data.
- Capital expenditure: no figures after 2019 in the data.
- Dividends per share for 2024–2025 are added up from the quarterly reports.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Asset Management & Custody Banks companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.