Business Segments Ares Management Corporation

Stocks

ARES

US03990B1017

Investment Management & Fund Operators

Market Closed - NYSE Other stock markets 21:00:03 10/06/2026 BST			After hours 01:00:00
128.31 ^USD	-1.76%		123.06	-4.09%

06-10	Ares Management Corporation Presents at Morgan Stanley US Financials Conference 2026, Jun-10-2026 12:05 PM
06-10	VodafoneThree submits bid for TalkTalk consumer unit - FT	AN

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

EBT: Breakdown by Business Segment

Breakdown by Business Segment (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
Investment Funds
Credit Group	1.39B	1.62B	2.22B	2.75B	3.18B
Interest Expense	-8.04M	-15.4M	-27.3M	-34.58M	-20.04M
Total Assets	-	-	-	-	-
EBT	809M	1.02B	1.37B	1.68B	1.95B
Real Assets Group	328M	685M	440M	490M	995M
Interest Expense	-5.51M	-11.35M	-16.39M	-24.13M	-92.79M
Total Assets	-	-	-	-	-
EBT	140M	322M	217M	224M	442M
Secondaries Group	98.02M	181M	193M	227M	338M
Interest Expense	-836K	-5.66M	-8.98M	-10.24M	-8M
EBT	67.33M	109M	101M	120M	203M
Private Equity Group	404M	326M	351M	182M	183M
Interest Expense	-8.81M	-15.95M	-21.42M	-22.63M	-15.56M
Total Assets	-	-	-	-	-
EBT	162M	108M	123M	48.78M	39.54M
Strategic Initiatives	66.69M	72.68M	-	-	-
Interest Expense	-13.03M	-22.32M	-	-	-
EBT	23.17M	20.44M	-	-	-
Unconsolidated Performance (Income) Loss-Unrealized	1.74B	107M	305M	110M	763M
EBT	1.74B	107M	305M	110M	763M
EBT	-1.32B	-88.5M	-207M	-36.82M	-595M
Unallocated Administrative Fees	49.22M	69.41M	63.14M	70.36M	93.61M
Unallocated Principal Investment Income, Net of Eliminations	99.43M	12.28M	36.52M	45.42M	48.15M
EBT	52.44M	12.83M	-	-	-
Unallocated Operations Management Group	8.48M	24.53M	23.68M	20.36M	27.6M
Interest Expense	-536K	-684K	-156K	-701K	-363K
Total Assets	-	-	-	-	-
EBT	-318M	-462M	-539M	-617M	-797M
Unallocated (Income) Loss before Taxes of Non-Controlling Interests in Consolidated Subsidiaries	30.42M	37.09M	35.92M	23.69M	2.28M
EBT	23.4M	357K	17.25M	22.27M	15.11M
Unallocated Acquisition-Related Incentive Fees	47.87M	-	-	-	-
EBT	47.87M	-	-	-	-
Carried Interest Allocation of Consolidated Funds Eliminated in Consolidation	-	-7.55M	-	-	-
Principal Investment (Income) Loss of Consolidated Funds Eliminated in Consolidation	-	-	-	-	-
Revenue of Consolidated Funds Eliminated in Consolidation	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	178M	5.61M	441M
EBT	-	-	-	-	-
Unallocated Performance Fees Reclass	-1.43M	14K	-	-	-
Unallocated Performance Income- Realized from Consolidated Funds	-5.46M	-3.98M	-	-	-
EBT	120M	120M	278M	303M	260M
EBT	19.89M	-1.87M	-976K	12.17M	-303M
EBT	-78.88M	-2.09M	5.82M	-5.72M	3.89M
EBT	-21.16M	-15.2M	-12M	-57.36M	-65.36M
EBT	-237M	-199M	-255M	-353M	-741M
EBT	-107M	-335M	-233M	-157M	-242M
EBT	-	-	-	-	-
Administrative, Transaction and Other Fees of Consolidated Funds Eliminated in Consolidation	-4.48M	-17.01M	-7.17M	-525K	-9.67M
EBT	-66.89M	-206M	-7.33M	-38.15M	-105M
Unallocated Performance Income of Consolidated Funds Eliminated In Consolidation	-	-	-13.67M	-28.14M	-33.87M
Unallocated Management Fees of Consolidated Funds Eliminated in Consolidation	-44.9M	-46.32M	-48.2M	-46.6M	-44.77M
Claim Processors
Other	-	-	27.46M	43.75M	62.49M
Interest Expense	-	-	-32.03M	-50.66M	-34.9M
EBT	-	-	-6.7M	10.3M	15.42M

Geographical Revenue Distribution History

Geographical breakdown of sales (USD)

Fiscal Period: December	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025