Ares Management (ARES) Revenue & Revenue Breakdown


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Ares Management Revenue Highlights


Latest Revenue (Y)

$3.63B

Latest Revenue (Q)

$1.19B

Main Segment (Y)

Management Service

Ares Management Revenue by Period


Ares Management Revenue by Year

DateRevenueChange
2023-12-31$3.63B18.87%
2022-12-31$3.06B-27.46%
2021-12-31$4.21B138.77%
2020-12-31$1.76B-0.08%
2019-12-31$1.77B84.20%
2018-12-31$958.46M-32.29%
2017-12-31$1.42B18.04%
2016-12-31$1.20B47.24%
2015-12-31$814.44M34.87%
2014-12-31$603.89M26.16%
2013-12-31$478.65M43.29%
2012-12-31$334.05M61.40%
2011-12-31$206.97M-

Ares Management generated $3.63B in revenue during NA 2023, up 18.87% compared to the previous quarter, and up 378.93% compared to the same period a year ago.

Ares Management Revenue by Quarter

DateRevenueChange
2024-09-30$1.19B50.82%
2024-06-30$788.68M11.50%
2024-03-31$707.36M-32.89%
2023-12-31$1.05B57.02%
2023-09-30$671.25M-38.60%
2023-06-30$1.09B34.42%
2023-03-31$813.36M-13.26%
2022-12-31$937.72M17.03%
2022-09-30$801.29M33.23%
2022-06-30$601.43M-15.88%
2022-03-31$715.00M-45.43%
2021-12-31$1.31B38.10%
2021-09-30$948.72M-26.73%
2021-06-30$1.29B96.67%
2021-03-31$658.39M0.06%
2020-12-31$658.01M34.33%
2020-09-30$489.87M-18.73%
2020-06-30$602.76M4395.17%
2020-03-31$13.41M-96.93%
2019-12-31$436.93M-6.34%
2019-09-30$466.49M21.22%
2019-06-30$384.82M-19.36%
2019-03-31$477.20M92.86%
2018-12-31$247.43M2.76%
2018-09-30$240.78M17.93%
2018-06-30$204.16M-23.27%
2018-03-31$266.09M-29.06%
2017-12-31$375.10M30.06%
2017-09-30$288.40M-49.60%
2017-06-30$572.20M136.78%
2017-03-31$241.66M-32.53%
2016-12-31$358.19M6.78%
2016-09-30$335.46M-9.22%
2016-06-30$369.54M171.69%
2016-03-31$136.01M-14.73%
2015-12-31$159.52M10.89%
2015-09-30$143.85M-18.17%
2015-06-30$175.79M-3.27%
2015-03-31$181.73M11.16%
2014-12-31$163.48M-6.67%
2014-09-30$175.16M33.08%
2014-06-30$131.62M-1.50%
2014-03-31$133.63M-8.44%
2013-12-31$145.94M7.41%
2013-09-30$135.88M52.15%
2013-06-30$89.30M-16.96%
2013-03-31$107.54M-

Ares Management generated $1.19B in revenue during Q3 2024, up 50.82% compared to the previous quarter, and up 108.80% compared to the same period a year ago.

Ares Management Revenue Breakdown


Ares Management Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Management Service, Incentive$277.73M$301.19M$5.46M$141.00K$13.85M
Principal Investment Income$155.63M$12.28M$99.43M$-12.23M-
Administrative Service$156.18M$147.53M$4.48M$15.82M$12.64M
Carried Interest$631.15M$458.01M$2.07B--
Management Service$2.60B$44.90M$45.27M$34.92M-
Fee Related Performance Revenues--$137.88M--
Service, Other---$19.95M$18.08M

Ares Management's latest annual revenue breakdown by segment (product or service), as of Dec 23: Management Service (68.05%), Carried Interest (16.52%), Management Service, Incentive (7.27%), Administrative Service (4.09%), and Principal Investment Income (4.07%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Carried Interest$278.68M$-5.93M$87.45M$-26.25M$418.47M$151.49M$40.23M-$47.30M$178.29M$462.84M$460.65M$852.52M$297.54M$264.23M$168.98M$72.40M$118.06M$186.80M-
Administrative Service$41.95M$36.55M$45.64M$36.15M$44.71M$29.68M$39.44M$40.18M$4.32M$4.77M$8.67M$4.26M$4.75M$4.14M$3.58M$4.45M-$3.32M$2.53M$14.99M
Principal Investment Income$14.10M$9.71M$96.01M$29.98M$6.89M$22.76M$-3.24M$11.58M$-4.39M$8.33M$-11.49M$14.25M$47.13M$20.22M$11.41M$-11.58M$2.48M---
Management Service, Incentive$48.64M$8.67M$244.40M$16.45M$7.95M$8.92M$271.21M-$4.67M$34.00K$696.00K$3.00K$1.52M$211.00K$7.19M$8.67M$1.71M---
Management Service$765.26M$700.14M$1.95B$649.70M$11.36M$11.48M$11.05M$10.66M$11.71M$11.67M$11.72M$11.38M$10.50M$8.99M$8.78M-----
Fee Related Performance Revenues--------$1.24M$12.71M----------
Service, Other------------$7.25M$6.80M$7.03M$4.91M$4.14M$3.87M$5.05M$5.34M

Ares Management's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Management Service (66.62%), Carried Interest (24.26%), Management Service, Incentive (4.23%), Administrative Service (3.65%), and Principal Investment Income (1.23%).

Ares Management Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
APOApollo Global Management$32.78B$7.77B
KKRKKR$14.50B$6.11B
BBUCBrookfield Business$7.82B$1.86B
ARESAres Management$3.63B$1.19B
CGCarlyle Group$2.96B$1.83B
TPGTPG$2.40B$855.40M
SEICSEI Investments Company$1.92B$537.40M
OWLBlue Owl Capital$1.73B$600.88M
PSECProspect Capital$770.31M$151.47M
MAINMain Street Capital$500.38M$136.82M
HTGCHercules Capital$426.50M$119.05M
PAXPatria Investments$327.60M$63.90M
CIONCION Investment$251.01M$59.63M
PFLTPennantPark Floating Rate Capital$42.16M$27.30M
FSKFS KKR Capital-$394.00M
BXBlackstone-$3.71B

ARES Revenue FAQ


What is Ares Management’s yearly revenue?

Ares Management's yearly revenue for 2023 was $3.63B, representing an increase of 18.87% compared to 2022. The company's yearly revenue for 2022 was $3.06B, representing a decrease of -27.46% compared to 2021. ARES's yearly revenue for 2021 was $4.21B, representing an increase of 138.77% compared to 2020.

What is Ares Management’s quarterly revenue?

Ares Management's quarterly revenue for Q3 2024 was $1.19B, a 50.82% increase from the previous quarter (Q2 2024), and a 77.20% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $788.68M, a 11.50% increase from the previous quarter (Q1 2024), and a -27.86% decrease year-over-year (Q2 2023). ARES's quarterly revenue for Q1 2024 was $707.36M, a -32.89% decrease from the previous quarter (Q4 2023), and a -13.03% decrease year-over-year (Q1 2023).

What is Ares Management’s revenue growth rate?

Ares Management's revenue growth rate for the last 3 years (2021-2023) was -13.77%, and for the last 5 years (2019-2023) was 105.72%.

What are Ares Management’s revenue streams?

Ares Management's revenue streams in c 23 are Management Service, Incentive, Principal Investment Income, Administrative Service, Carried Interest, and Management Service. Management Service, Incentive generated $277.73M in revenue, accounting 7.27% of the company's total revenue, down -7.79% year-over-year. Principal Investment Income generated $155.63M in revenue, accounting 4.07% of the company's total revenue, up 1167.46% year-over-year. Administrative Service generated $156.18M in revenue, accounting 4.09% of the company's total revenue, up 5.86% year-over-year. Carried Interest generated $631.15M in revenue, accounting 16.52% of the company's total revenue, up 37.80% year-over-year. Management Service generated $2.6B in revenue, accounting 68.05% of the company's total revenue, up 5689.72% year-over-year.

What is Ares Management’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Ares Management was Management Service. This segment made a revenue of $2.6B, representing 68.05% of the company's total revenue.