Company Analysis

Ares Management Corporation (ARES)

ARES · Investment Advice · Los Angeles, CA · filing with the SEC since 2002
Grade5.8
◀ Past 4.5● Present 6.7▶ Future 5.9
1 est.

The grade of Ares Management Corporation

Nine metrics read from its own filings, by tense
Headline grade
5.8/10
◀ Past4.530% of the headline
● Present6.740% of the headline
▶ Future5.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.5/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
2.4/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2018-11-26.

weight 22% of this tense · 24th percentile among 48 sector filers · read for itself

From the record

Ares Management Corporation's filings since 2017 show 1 warning event: a notice about its exchange listing (8-K item 3.01, the latest 2018-11-26) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.4/10

What has it actually done, year after year?

+19.4% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 85th percentile among 42 sector filers · read for its customers

From the record

Ares Management Corporation's 10 filed years say what it did: revenue went from $965 million in fiscal 2016 to $4.8 billion in fiscal 2025, up 19.4% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span19.4%top 23% of its family
  • the share of years revenue rosetop 7% of its family
  • the share of filed years with a profittop 25% of its family
  • the deepest fall from a revenue peak0.0%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.6/10

How has it treated the people who own it?

SI estimate 0.6/10, confidence 35 of 100 (one part).

weight 33% of this tense · 6th percentile among 46 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the cash returned against operating cash flow, which ranks in the bottom 6% of 46 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: cash returned against operating cash flow, the one part on file, ranked among 46 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Ares Management Corporation's shareholder treatment is put at 0.6 of 10 with a confidence of 35 of 100, because read from one part only, the cash returned against operating cash flow, which ranks in the bottom 6% of 46 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

6.7/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.8/10

Is it financially healthy right now?

ROE 10%: 10¢ of profit per shareholder dollar. Leverage 70%: owes 70¢ per asset dollar.

weight 22% of this tense · 38th percentile among 44 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Ares Management Corporation earned about 10 cents of profit for every dollar of shareholders' money. Leverage: it owed about 70 cents per dollar of assets (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 35% of its family
  • return on equitybottom 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.0/10

How strong is its position in its industry?

top 30% of 43 in its family; net margin 17.5%.

weight 45% of this tense · 70th percentile among 43 sector filers · read for its customers

From the record

Ares Management Corporation's standing among 43 graded names in its industry family: revenue of $4.8 billion in fiscal 2025 ranks in the top 23% by size; a net margin of 17.5% ranks in the top 45%; revenue growth of 18.2% a year over the last 3 filed years ranks in the top 20% (its annual reports).

What it rests on

  • revenue against the family$4.76Btop 23% of its family
  • net margin17.5%top 45% of its family
  • three-year revenue growth18.2%top 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
8.1/10

What are the people in charge doing?

top 19% of 34 in its family for leadership; chief executive since 2018.

weight 33% of this tense · 81st percentile among 34 sector filers · read for its shareholders

From the record

Ares Management Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Arougheti, Michael J (Co-Founder and CEO, as filed), filing under that title since 2018-08-02, 8.3 years (top 36% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 11.1 years (top 8%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (top 15%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge2 in three years among 14 peopletop 15% of its family
  • the median years the people in charge have filed11.1 yearstop 8% of its family
  • the chief executive's years on the record8.3 yearstop 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.5/10

How much room does it have to grow?

top 35% of 42 in its family for room to expand.

weight 33% of this tense · 65th percentile among 42 sector filers · read for itself

From the record

Ares Management Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $489 million against no long-term debt tagged leaves 1.7% of its assets as net cash, bottom 37% of its family; cash from operations less capital spending is 68.7% of revenue (top 6%) (its annual report).

What it rests on

  • cash less debt against assets1.7%bottom 37% of its family
  • cash from operations less capital spending against revenue68.7%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.2/10

What could actually drive growth from here?

top 38% of 41 in its family for growth drivers.

weight 33% of this tense · 62nd percentile among 41 sector filers · read for its customers

From the record

Ares Management Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 18.2% a year over the last three filed years against 19.4% over all 10, slowing (bottom 48% of its family); the newest year grew 28.9% (top 16%); capital spending grew 19.9% a year (top 46%) (its annual reports). Ares Management Corporation reported 5 product lines in fiscal 2025: Management Service at $3.7 billion (66%), Carried Interest at $1.2 billion (21%), Management Service Incentive at $362 million (7%), and 2 more; 5 of 5 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-1.2 points a yearbottom 48% of its family
  • the newest year's revenue growth28.9%top 16% of its family
  • three-year growth of capital spending19.9%top 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.8/10

Did its newest year beat what its own record pointed to?

bottom 48% of 41 in its family for expectations against reality.

weight 33% of this tense · 48th percentile among 41 sector filers · read for its shareholders

From the record

Ares Management Corporation's newest year against its own record: revenue of $4.8 billion in fiscal 2025 came in 13.8% above the $4.2 billion its prior three years' pace pointed to (top 17% of its family); net income of $834 million against a prior three-year average of $673 million (bottom 38%); a net margin of 17.5% against 20.2% before (bottom 23%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace13.8%top 17% of its family
  • net income against the prior three years' average+24%bottom 38% of its family
  • net margin against its prior average-2.6 pointsbottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ARES · research, not advice