Ares Management (ARES) Revenue & Revenue Breakdown
Ares Management Revenue Highlights
Latest Revenue (Y)
$3.63B
Latest Revenue (Q)
$890.54M
Main Segment (Y)
Management Service
Ares Management Revenue by Period
Ares Management Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $3.63B | 18.87% |
| 2022-12-31 | $3.06B | -27.46% |
| 2021-12-31 | $4.21B | 138.77% |
| 2020-12-31 | $1.76B | -0.08% |
| 2019-12-31 | $1.77B | 84.20% |
| 2018-12-31 | $958.46M | -32.29% |
| 2017-12-31 | $1.42B | 18.04% |
| 2016-12-31 | $1.20B | 47.24% |
| 2015-12-31 | $814.44M | 34.87% |
| 2014-12-31 | $603.89M | 26.16% |
| 2013-12-31 | $478.65M | 43.29% |
| 2012-12-31 | $334.05M | 61.40% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $890.54M | 18.38% |
| 2024-03-31 | $752.30M | -49.54% |
| 2023-12-31 | $1.49B | 122.10% |
| 2023-09-30 | $671.25M | -38.60% |
| 2023-06-30 | $1.09B | 34.42% |
| 2023-03-31 | $813.36M | -13.26% |
| 2022-12-31 | $937.72M | 17.03% |
| 2022-09-30 | $801.29M | 33.23% |
| 2022-06-30 | $601.43M | -15.88% |
| 2022-03-31 | $715.00M | -45.43% |
| 2021-12-31 | $1.31B | 38.10% |
| 2021-09-30 | $948.72M | -26.73% |
| 2021-06-30 | $1.29B | 96.67% |
| 2021-03-31 | $658.39M | 0.06% |
| 2020-12-31 | $658.01M | 34.33% |
| 2020-09-30 | $489.87M | -18.73% |
| 2020-06-30 | $602.76M | 4395.17% |
| 2020-03-31 | $13.41M | -96.93% |
| 2019-12-31 | $436.93M | -6.34% |
| 2019-09-30 | $466.49M | 21.22% |
| 2019-06-30 | $384.82M | -19.36% |
| 2019-03-31 | $477.20M | 92.86% |
| 2018-12-31 | $247.43M | 2.76% |
| 2018-09-30 | $240.78M | 17.93% |
| 2018-06-30 | $204.16M | -23.27% |
| 2018-03-31 | $266.09M | -25.31% |
| 2017-12-31 | $356.28M | 25.60% |
| 2017-09-30 | $283.67M | -46.87% |
| 2017-06-30 | $533.89M | 120.93% |
| 2017-03-31 | $241.66M | -32.53% |
| 2016-12-31 | $358.19M | 6.78% |
| 2016-09-30 | $335.46M | -9.22% |
| 2016-06-30 | $369.54M | 171.69% |
| 2016-03-31 | $136.01M | -14.73% |
| 2015-12-31 | $159.52M | 10.89% |
| 2015-09-30 | $143.85M | -18.17% |
| 2015-06-30 | $175.79M | -3.27% |
| 2015-03-31 | $181.73M | 11.16% |
| 2014-12-31 | $163.48M | -6.67% |
| 2014-09-30 | $175.16M | 33.08% |
| 2014-06-30 | $131.62M | -1.50% |
| 2014-03-31 | $133.63M | -8.44% |
| 2013-12-31 | $145.94M | 7.41% |
| 2013-09-30 | $135.88M | 52.15% |
| 2013-06-30 | $89.30M | -16.96% |
| 2013-03-31 | $107.54M | - |
Ares Management generated $890.54M in revenue during Q2 2024, up 18.38% compared to the previous quarter, and up 109.49% compared to the same period a year ago.
Ares Management Revenue Breakdown
Ares Management Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Carried Interest | $631.15M | $458.01M | $2.07B | - | - |
| Management Service | $2.60B | $44.90M | $45.27M | $34.92M | - |
| 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 |
| 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Administrative Service | $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 | $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 | $-4.26M | - | - | - |
| Carried Interest | $-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 | $317.00M | - |
| Management Service | $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 | $8.73M | - | - | - | - | - |
| Management Service, Incentive | $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 | $4.75M | - | - | - |
| 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 | $4.61M |
Ares Management's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Management Service (93.46%), Administrative Service (4.88%), Principal Investment Income (1.30%), Management Service, Incentive (1.16%), and Carried Interest (-0.79%).
Ares Management Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| APO | Apollo Global Management | $32.78B | $6.02B |
| KKR | KKR | $14.50B | $4.56B |
| BBUC | Brookfield Business | $7.82B | $1.86B |
| ARES | Ares Management | $3.63B | $890.54M |
| CG | Carlyle Group | $2.96B | $1.07B |
| TPG | TPG | $2.40B | $741.40M |
| SEIC | SEI Investments Company | $1.92B | $519.65M |
| OWL | Blue Owl Capital | $1.73B | $549.85M |
| PSEC | Prospect Capital | $770.31M | $183.93M |
| MAIN | Main Street Capital | $500.38M | $141.46M |
| HTGC | Hercules Capital | $426.50M | $117.53M |
| PAX | Patria Investments | $327.60M | $63.90M |
| CION | CION Investment | $251.01M | $61.36M |
| PFLT | PennantPark Floating Rate Capital | $42.16M | $27.30M |
| FSK | FS KKR Capital | - | $439.00M |
| BX | Blackstone | - | $2.87B |
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 Q2 2024 was $890.54M, a 18.38% increase from the previous quarter (Q1 2024), and a -18.54% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $752.3M, a -49.54% decrease from the previous quarter (Q4 2023), and a -7.51% decrease year-over-year (Q1 2023). ARES's quarterly revenue for Q4 2023 was $1.49B, a 122.10% increase from the previous quarter (Q3 2023), and a 58.99% increase year-over-year (Q4 2022).
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 Carried Interest, Management Service, Management Service, Incentive, Principal Investment Income, and Administrative Service. 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. 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.
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.