ARESAres Management
Ares is a leading global alternative investment manager with $622.5 billion of assets under management and over 4,250 employees in over 55 offices in more than 25 countries. 10-K, Item 1
- Employees
- 4,250
- Headquarters
- Los Angeles, CA
- CEO
- Michael J. Arougheti
- Next results
- around Feb 4, 2027
The biggest changes in the 10-K filed 2026-02-25, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.
Revenue
+44.2% Big change FY to 2025-12-31 vs 2024-12-31“The increase in fee related performance revenues for the year ended December 31, 2025 compared to the year ended December 31, 2024 was attributable to higher incentive fees earned from APMF, driven by increased IGAUM and higher investment returns over the comparative period.”
Read it in the 10-K ↗
Cash from operations
+17.0% Big change FY to 2025-12-31 vs 2024-12-31The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Net income
+13.7% Big change FY to 2025-12-31 vs 2024-12-31“Generally, the consolidation of our Consolidated Funds has a significant gross-up effect on our assets, liabilities and cash flows but has no net effect on the net income attributable to us or our stockholders’ equity, except where accounting for a redemption or liquidation preference requires the reallocation of ownership based on specific terms of a profit sharing agreement.”
Read it in the 10-K ↗
Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗
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