Operating Income for Ares Management (ARES)
According to Ares Management's latest reported financial statements, the company's current operating income (TTM) is $1.15B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
ARES
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.15B
YoY change
+86.2%
5Y CAGR
+41.2%
Peak year (2025)
$1.76B
Cumulative operating income
$4.23B
Operating Income history chart for Ares Management (ARES) from 2011 to 2025
Operating Income history table for Ares Management (ARES) from 2011 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.76B | +86.2% | ||
| 2024 | $946.09M | +13.4% | ||
| 2023 | $834.03M | +172.2% | ||
| 2022 | $306.36M | -61.8% | ||
| 2021 | $802.01M | +155.8% | ||
| 2020 | $313.56M | +3.6% | ||
| 2019 | $302.64M | +243.5% | ||
| 2018 | $88.10M | -198.7% | ||
| 2017 | -$89.26M | -148.8% | ||
| 2016 | $182.78M | +302.6% | ||
| 2015 | $45.40M | -117.7% | ||
| 2014 | -$256.15M | -20.8% | ||
| 2013 | -$323.24M | -23.9% | ||
| 2012 | -$424.49M | +62.7% | ||
| 2011 | -$260.95M | — |
Operating Income 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
2025's annual operating income for Ares Management (ARES) came in at $1.76B – surged 86.2% year-over-year.
Over 2020–2025 (5 years), Ares Management operating income expanded at a +41.2% compound annual rate, sustaining 3 straight years of year-over-year growth.
The dataset's maximum operating income sits at $1.76B (2025); the minimum reading of -$424.49M dates to 2012.
Among 8 Financial Services peers, Ares Management (ARES) ranks 9th; the peer median for operating income is $24.60B.
Ares Management Operating Income by Year
Ares Management Operating Income 2025: $1.76B
Ares Management operating income in 2025 was $1.76B, surged 86.2% from 2024. This figure represents the highest annual value in the available history.
Ares Management Operating Income 2024: $946.09M
Ares Management operating income in 2024 was $946.09M, grew 13.4% from 2023.
Ares Management Operating Income 2023: $834.03M
Ares Management operating income in 2023 was $834.03M, surged 172.2% from 2022.
Ares Management Operating Income 2022: $306.36M
Ares Management operating income in 2022 was $306.36M, plunged 61.8% below 2021.
Ares Management Operating Income 2021: $802.01M
Ares Management operating income in 2021 was $802.01M.
See more financial history for Ares Management (ARES).
Sector peers — Operating Income
Companies in the same sector as Ares Management, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $59.54B | Financial Services |
| Bank of America Corporation (BAC) | $37.70B | Financial Services |
| Wells Fargo & Company (WFC) | $25.20B | Financial Services |
| Visa Inc. (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $21.85B | Financial Services |
| Mastercard Incorporated (MA) | $19.40B | Financial Services |
Frequently asked questions
What is Ares Management's operating income?
- Latest reported operating income for Ares Management (ARES) is $1.15B (period ending December 31, 2025).
How has Ares Management operating income changed year-over-year?
- Ares Management (ARES) operating income changed +86.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Ares Management operating income?
- Ares Management (ARES) operating income compound annual growth rate is +41.2% over the most recent 5 years available.
When did Ares Management operating income hit its highest annual value?
- Ares Management operating income reached its highest annual value of $1.76B in 2025.
What was Ares Management operating income in 2024?
- Ares Management (ARES) operating income in 2024 was $946.09M.
What was Ares Management operating income in 2025?
- Ares Management (ARES) operating income in 2025 was $1.76B.
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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