EBITDA for Ares Management (ARES)
According to Ares Management's latest reported financial statements, the company's current EBITDA (TTM) is $2.18B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

ARES
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$2.18B
YoY change
-4.8%
5Y CAGR
+25.7%
Peak year (2023)
$2.43B
Cumulative EBITDA
$18.68B
EBITDA history chart for Ares Management (ARES) from 2011 to 2025
EBITDA history table for Ares Management (ARES) from 2011 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $2.30B | -4.8% | ||
| 2024 | $2.41B | -0.6% | ||
| 2023 | $2.43B | +81.7% | ||
| 2022 | $1.33B | -9.4% | ||
| 2021 | $1.47B | +101.4% | ||
| 2020 | $731.95M | -4.0% | ||
| 2019 | $762.05M | +66.7% | ||
| 2018 | $457.20M | +38.3% | ||
| 2017 | $330.61M | -25.7% | ||
| 2016 | $444.81M | +89.7% | ||
| 2015 | $234.53M | -81.5% | ||
| 2014 | $1.27B | -13.5% | ||
| 2013 | $1.47B | -15.5% | ||
| 2012 | $1.73B | +32.7% | ||
| 2011 | $1.31B | — |
EBITDA values are taken from Ares Management's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Ares Management (ARES) most recent annual EBITDA stands at $2.30B (2025) – edged down 4.8% year-over-year.
Over 2020–2025 (5 years), Ares Management EBITDA expanded at a +25.7% compound annual rate, with the latest reading among the more recent periods of the dataset.
Between 2023 and 2025, Ares Management EBITDA declined 5.3%, falling from $2.43B to $2.30B.
2023 marks the peak EBITDA at $2.43B, with the historical low of $234.53M recorded in 2015.
Ares Management (ARES) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $27.98B.
Ares Management EBITDA by Year
Ares Management EBITDA 2025: $2.30B
Ares Management EBITDA in 2025 was $2.30B, edged down 4.8% below 2024.
Ares Management EBITDA 2024: $2.41B
Ares Management EBITDA in 2024 was $2.41B, edged down 0.6% below 2023.
Ares Management EBITDA 2023: $2.43B
Ares Management EBITDA in 2023 was $2.43B, surged 81.7% from 2022. This figure represents the highest annual value in the available history.
Ares Management EBITDA 2022: $1.33B
Ares Management EBITDA in 2022 was $1.33B, declined 9.4% below 2021.
Ares Management EBITDA 2021: $1.47B
Ares Management EBITDA in 2021 was $1.47B.
See more financial history for Ares Management (ARES).
Sector peers — EBITDA
Companies in the same sector as Ares Management, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $81.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $73.02B | Financial Services |
| Bank of America Corporation (BAC) | $40.01B | Financial Services |
| Wells Fargo & Company (WFC) | $29.35B | Financial Services |
| Morgan Stanley (MS) | $26.61B | Financial Services |
| Visa Inc. (V) | $26.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $24.03B | Financial Services |
| Mastercard Incorporated (MA) | $20.19B | Financial Services |
Frequently asked questions
What is Ares Management's EBITDA?
- Latest reported EBITDA for Ares Management (ARES) is $2.18B (period ending December 31, 2025).
How has Ares Management EBITDA changed year-over-year?
- Ares Management (ARES) EBITDA changed -4.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Ares Management EBITDA?
- Ares Management (ARES) EBITDA compound annual growth rate is +25.7% over the most recent 5 years available.
When did Ares Management EBITDA hit its highest annual value?
- Ares Management EBITDA reached its highest annual value of $2.43B in 2023.
What was Ares Management EBITDA in 2024?
- Ares Management (ARES) EBITDA in 2024 was $2.41B.
What was Ares Management EBITDA in 2025?
- Ares Management (ARES) EBITDA in 2025 was $2.30B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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ARES Overview
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