Ares Management Corp (ARES)
Ares Management Corp brought in $5.8B of revenue over the twelve months to September 30, 2026, up 10.0% from a year earlier. Net income was $432.8M, a net margin of 7.5%. At September 30, 2026 it held $597.7M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 6, 2026.
Key facts about Ares Management Corp
- Net worth
- Ares Management Corp has a market value (market cap) of $46.1B at the latest share price, and shareholders' equity of $3.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $5.6B (+44.2% year on year), with net income of $527.4M. Over the 12 months to September 30, 2026: revenue $5.8B, net income $432.8M.
- Cash flow
- In fiscal 2025 operations brought in $3.3B of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 6, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Ares Management Corp's next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Ares Management Corp declared dividends of $1.88 per share in fiscal 2021.
What Ares Management Corp does
Ares Management is an alternative investment manager that offers investment funds across credit, private equity, real estate, and infrastructure. It raises capital from institutional and retail investors to provide financing to businesses and real estate projects. Its shares trade on NYSE under the ticker ARES.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $5.6B | $527.4M | n/a | n/a |
| 2024 | $3.9B | $463.7M | n/a | n/a |
| 2023 | $3.6B | $474.3M | n/a | n/a |
| 2022 | $3.1B | $167.5M | n/a | n/a |
| 2021 | $4.2B | $408.8M | n/a | n/a |
| 2020 | $1.8B | $152.1M | n/a | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where ARES ranks in Finance
Dividends
Ares Management Corp declared $1.88 per share in fiscal 2021.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2021 | $1.88 | n/a | n/a |
| 2019 | $1.28 | n/a | n/a |
| 2018 | $1.33 | n/a | n/a |
| 2017 | $1.13 | n/a | n/a |
| 2016 | $0.83 | n/a | n/a |
| 2015 | $0.88 | n/a | n/a |
Latest SEC filings
What Ares Management Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 14% to $1.4B versus the same quarter last year; net income fell 70% to $85.3M.
- October 30, 2026Passive stake (5% or more) SCHEDULE 13G
- October 29, 2026
- September 30, 2026
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- August 12, 2026Passive stake changed SCHEDULE 13G/A
- August 7, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 5.8% to $1.4B versus the same quarter last year; net income rose 9.9% to $150.6M.
- July 31, 2026
Insider trades
What the people running Ares Management Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 1 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 20, 2026 | Jacobson BlairCo-President | Gave as a gift | 8,000 | - |
| July 30, 2026 | Bush Antoinette CookDirector | Received as pay | 1,728 | - |
| July 30, 2026 | Bhutani AshishDirector | Received as pay | 1,728 | - |
| July 30, 2026 | Naughton EileenDirector | Received as pay | 1,728 | - |
| July 30, 2026 | Joubert Paul G.Director | Received as pay | 1,728 | - |
| July 30, 2026 | Olian Judy D.Director | Received as pay | 1,728 | - |
| July 30, 2026 | Lynton MichaelDirector | Received as pay | 1,728 | - |
| July 1, 2026 | Phillips JarrodChief Financial Officer | Shares withheld for tax | 2,583 | $293.5K |
Who owns ARES
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Antony P. Ressler13G, passive | 33.1% | August 13, 2026 |
| Ares Partners Holdco LLC13G, passive with 1 related filers | 32.4% | August 13, 2026 |
| Vanguard Capital Management13G, passive | 7.04% | April 29, 2026 |
| Vanguard Portfolio Management13G, passive | 5.03% | October 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 805 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 16,882,527 | +713,462 |
| Vanguard Capital Management LLC | 13,750,238 | +260,775 |
| Sumitomo Mitsui Financial Group, Inc. | 13,364,740 | 0 |
| Bank of America Corp | 11,855,596 | +7,658,749 |
| Vanguard Portfolio Management LLC | 10,924,590 | +127,568 |
| Capital World Investors | 10,644,025 | -1,140,095 |
| Wellington Management Group Llp | 9,526,077 | -1,636,725 |
| State Street Corp | 8,978,721 | +374,120 |
| Charles Schwab Investment Management Inc | 6,748,327 | +785,021 |
| Canada Pension Plan Investment Board | 6,649,728 | -964,917 |
| Geode Capital Management, LLC | 5,843,445 | +219,432 |
| Jpmorgan Chase & Co | 5,392,155 | +869,811 |
| Franklin Resources Inc | 4,747,665 | -374,805 |
| Principal Financial Group Inc | 4,040,482 | +31,191 |
| Morgan Stanley | 3,881,619 | +1,057,990 |
| Capital International Investors | 2,861,215 | -195,236 |
| UBS Group AG | 2,636,093 | +1,219,017 |
| Norges Bank | 2,444,674 | new |
| Fmr LLC | 2,357,236 | +988,696 |
| Goldman Sachs Group Inc | 2,338,467 | +359,671 |
Insiders
13 insiders reported holding 6,501,994 shares in total, about $906.4M at the last price.
| Holder | Shares |
|---|---|
| Arougheti Michael JCo-Founder and CEO, Director | 1,364,548 |
| deVeer R. KippCo-President, Director | 1,165,599 |
| Jacobson BlairCo-President | 1,095,221 |
| Rosenthal BennettCo-Founder & Chairman of PEG, Director | 1,061,0521,061,052 held indirectly |
| Kaplan David BCo-Founder, Director | 985,052985,052 held indirectly |
| Sagati Aghili NaseemGeneral Counsel | 326,889 |
| Phillips JarrodChief Financial Officer | 325,226 |
| Joubert Paul G.Director | 44,196 |
| Bhutani AshishDirector | 35,799 |
| Lynton MichaelDirector | 34,196 |
Questions about ARES
What does Ares Management Corp do?
Ares Management is an alternative investment manager that offers investment funds across credit, private equity, real estate, and infrastructure. It raises capital from institutional and retail investors to provide financing to businesses and real estate projects. Its shares trade on NYSE under the ticker ARES.
What is Ares Management Corp's net worth?
Ares Management Corp has a market value (market cap) of $46.1B at the latest share price, and shareholders' equity of $3.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Ares Management Corp profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $432.8M on revenue of $5.8B, a net margin of 7.5%.
How much revenue does Ares Management Corp make?
Over the twelve months to September 30, 2026 Ares Management Corp reported revenue of $5.8B. That is 10.0% more than a year earlier.
When did Ares Management Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 6, 2026. It covers the period to September 30, 2026.
When is Ares Management Corp's next earnings report?
Ares Management Corp's next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Ares Management Corp pay a dividend?
Yes. Ares Management Corp declared dividends of $1.88 per share in fiscal 2021.
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Where the numbers come from
Financial figures are the values Ares Management Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.