Key facts
- 52-week range (closes)
- $96.50 – $178.28 Lowest close Mar 12, 2026, highest Dec 10, 2025; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
- Fiscal year ends
- December Fiscal 2025 ended Dec 31, 2025, from SEC filings
- In the S&P 500 since
- Dec 11, 2025, replacing Kellanova (K) · Mars Inc. acquired Kellanova. · All S&P 500 changes
- Analyst coverage
- 1 open price target from 1 firm: Citizens JMP Approved targets tracked here; see the analyst section below
Ares Management (ARES) is trading up at $116.29 (+2.91%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Financials sector.
Analyst price targets on ARES
One firm's current price target on Ares Management: $160 — 38% above the current $116. Each is tracked to its date and scored the same way a member's call is.
- Citizens JMP $139 → $160 by Aug 2027 Aug 3, 2026 via Investing.com · Citizens JMP's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Ares Management revenue & net income history (FY2016–FY2025)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $964.8M | $1.48B | $1.22B | $1.77B | $1.76B | $4.21B | $3.06B | $3.63B | $3.88B | $5.60B |
| Growth (year over year) | +18.5% | +53.4% | −17.7% | +44.9% | −0.1% | +138.8% | −27.5% | +18.9% | +7.0% | +44.2% |
| Net income | $111.8M | $76.2M | $57.0M | $148.9M | $152.1M | $408.8M | $167.5M | $474.3M | $463.7M | $527.4M |
| Net margin | 11.6% | 5.1% | 4.7% | 8.4% | 8.6% | 9.7% | 5.5% | 13.1% | 11.9% | 9.4% |
| Balance sheet | ||||||||||
| Cash and equivalents | $342.9M | $118.9M | $110.2M | $138.4M | $539.8M | $343.7M | $390.0M | $348.3M | $1.51B | $488.9M |
| Total assets | $5.83B | $8.56B | $10.2B | $12.0B | $15.2B | $21.6B | $22.0B | $24.7B | $24.9B | $28.6B |
| Total liabilities | $4.45B | $7.10B | $8.76B | $10.2B | $12.6B | $16.7B | $17.1B | $19.7B | $17.5B | $19.9B |
| Shareholders' equity | $292.9M | $1.46B | $587.9M | $768.3M | $1.19B | $1.83B | $1.59B | $1.89B | $3.54B | $4.28B |
| Cash flow | ||||||||||
| Operating cash flow | −$625.7M | −$1.86B | −$1.42B | −$2.08B | −$425.7M | −$2.60B | −$734.1M | −$233.3M | $2.79B | $3.27B |
| Capital expenditure | $11.9M | $33.2M | $18.4M | — | — | — | — | — | — | — |
| Free cash flow | −$637.6M | −$1.90B | −$1.44B | — | — | — | — | — | — | — |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.13B | $1.26B | $1.09B | $1.35B | $1.66B | $1.50B | $1.40B | $1.43B |
| Growth (year over year) | +68.3% | +19.5% | +53.9% | +71.2% | +46.7% | +19.5% | +28.3% | +5.8% |
| Net income | $118.5M | $177.3M | $47.2M | $137.1M | $288.9M | $54.2M | $142.6M | $150.6M |
| Net margin | 10.5% | 14.1% | 4.3% | 10.2% | 17.4% | 3.6% | 10.2% | 10.5% |
| Balance sheet | ||||||||
| Cash and equivalents | $350.1M | $1.51B | $618.5M | $509.7M | $496.7M | $488.9M | $568.8M | $557.1M |
| Total assets | $24.5B | $24.9B | $27.2B | $27.3B | $27.0B | $28.6B | $28.4B | $29.6B |
| Total liabilities | $18.6B | $17.5B | $18.4B | $18.4B | $18.4B | $19.9B | $20.0B | $21.0B |
| Shareholders' equity | $2.08B | $3.54B | $4.45B | $4.36B | $4.47B | $4.28B | $4.03B | $3.97B |
| Cash flow | ||||||||
| Operating cash flow | $841.3M | $807.6M | $1.99B | $415.7M | $1.34B | −$483.7M | $406.5M | −$351.4M |
| Dividends paid | $16.2M | — | $21.5M | $21.0M | $21.1M | — | $25.4M | $25.2M |
From Ares Management's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Ares Management vs the Financials sector and the S&P 500
Ares Management's latest reported figures next to the median of the other 75 S&P 500 Financials companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | Ares Management | Financials (75 other S&P 500 companies) | S&P 500 (502 other companies) |
|---|---|---|---|
| Revenue growth, latest fiscal year | +44.2% | +7.2% | +7.0% |
| Net margin, latest fiscal year | 9.4% | 19.4% | 13.0% |
| Share price change, 1 year | −20.7% | +9.3% | +7.5% |
Ares Management: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Ares Management included, are the last regular-session prices of October 20, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 75/496, net margin 75/496, 1-year price change 75/488; the reasons below can overlap. 14 are left out of the price figure because our archive holds no comparable close for them. The S&P 500 price figure is the middle company's change, not the index's return.
About Ares Management
Ares Management Corporation is a global alternative investment manager operating in the credit, private equity and real estate markets. The company was founded in 1997, with additional offices across North America, Europe, and Asia.
Source: Wikipedia — Ares Management
- Headquarters
- Los Angeles, California From SEC filings, Oct 2026
Recent News (20)
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KKR to sell railcar-leasing company Infinity to Ares for $2.9 billion KKR to sell railcar-leasing company Infinity to Ares for $2.9 billion Reuters
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KKR to sell railcar-leasing company Infinity to Ares for $2.9 billion
KKR to sell railcar-leasing company Infinity to Ares for $2.9 billion
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ARES DYNAMIC CREDIT ALLOCATION FUND DECLARES A MONTHLY DISTRIBUTION OF $0.1125 PER SHARE NEW YORK, Oct. 9, 2026 /PRNewswire/ -- Ares Dynamic Credit Allocation Fund, Inc. ("ARDC" or the "Fund") (NYSE: ARDC) announced today the declaration of its distribution for the month of October 2026 o…
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Citizens reiterates Ares Management stock rating on fundraising strength
Citizens reiterates Ares Management stock rating on fundraising strength
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ARES CAPITAL CORPORATION SCHEDULES EARNINGS RELEASE FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2026 NEW YORK, Oct. 2, 2026 /PRNewswire/ -- Ares Capital Corporation ("Ares Capital") (NASDAQ: ARCC) announced today that it will report earnings for the third quarter ended September 30, 2026 on Tuesday, …
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Ares fund withdrawal requests decline as private credit redemptions ease
Ares fund withdrawal requests decline as private credit redemptions ease
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Ares Management (ARES) Forms Logistics Venture. Can the $2.4B Target Drive Earnings?
Ares Management (ARES) Forms Logistics Venture. Can the $2.4B Target Drive Earnings?
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Ares Commercial Real Estate completes $64 million sale of North Carolina office property
Ares Commercial Real Estate completes $64 million sale of North Carolina office property
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KKR acquires 2.7 million sq ft UK logistics portfolio from Ares
KKR acquires 2.7 million sq ft UK logistics portfolio from Ares
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Ares Capital (ARCC) Raised $750M Through 2033 Notes. Should Dividend Fans Care?
Ares Capital (ARCC) Raised $750M Through 2033 Notes. Should Dividend Fans Care?
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Ares, PSP Launch $2.4B US Logistics Joint Venture Ares, PSP Launch $2.4B US Logistics Joint Venture
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Ares Management weighs minority deal with Copenhagen Infrastructure Partners
Ares Management weighs minority deal with Copenhagen Infrastructure Partners
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Novacium Secures First Order for More Than 100 AA NOVA Battery Packs to Equip an Interceptor Drone from Alta Ares, a European Counter-Drone Company Novacium secures its first order for 100+ AA NOVA battery packs to power Alta Ares’ DGA-selected X-Lock interceptor drone.
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Ares, PSP Investments form $2.4 billion U.S. logistics venture
Ares, PSP Investments form $2.4 billion U.S. logistics venture
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Thrivent Financial buys $6m in Ares Dynamic Credit preferred shares
Thrivent Financial buys $6m in Ares Dynamic Credit preferred shares
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Undercovered Dozen: Ares Capital, Grab, Lenovo, Rigetti And More Undercovered Dozen: Ares Capital, Grab, Lenovo, Rigetti And More Seeking Alpha
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