ARES — Ares Management Income Statement

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FinancialsBalancedLarge CapNeutral

Annual income statement for Ares Management, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	4,212	3,055	3,632	3,885	5,601
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	3,410	2,749	2,798	2,939	4,709
Operating Profit	802	306	834	946	893
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	1,066	511	1,333	1,275	1,287
Provision for Income Taxes
Net Income After Taxes	918	439	1,160	1,111	1,088
Minority Interest
Net Income Before Extraordinary Items
Net Income	409	168	474	464	527
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	369	153	453	410	384
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	2.24	2.85	2.75	2.53	2.44
Dividends per Share