ARES financials
Ares Management Corporation · end-of-day data as of Oct 16, 2026
Ares Management Corporation
$112.27-10.3%
Buy · 20 analystsPT $153.24 +36.5%
ARES reported revenue of $1.43B for the quarter ended Jun 30, 2026 (Q2 FY2026), up 5.8% from a year earlier. It posted diluted EPS of $0.49, free cash flow of -$384M and a net margin of 10.5%.
Valuation
- P/E46.6x
- P/E vs own-25.2%
- P/E vs sector+227.4%
- FCF yield—
- Market cap$36.87B
Quarterly results
Q2 FY2026: Revenue +5.8% year over year, free cash flow -26.9% of revenue, operating margin 17.4%.
RevenueFree cash flow
| Q2 FY2026 | Jun 30, 2026 | $1.43B | 0.49 | -$384M | 17.4% | 17.4% | 10.5% |
| Q1 FY2026 | Mar 27, 2026 | $1.53B | 0.64 | — | 96.1% | 23.8% | 9.3% |
| Q4 FY2025 | Dec 31, 2025 | $1.77B | 0.13 | -$499M | 72.6% | 29.3% | 3.1% |
| Q3 FY2025 | Sep 30, 2025 | $1.66B | 1.15 | $1.33B | 60.2% | 21.1% | 17.4% |
| Q2 FY2025 | Jun 30, 2025 | $1.35B | 0.46 | $393M | 52.3% | 15.7% | 10.2% |
| Q1 FY2025 | Mar 31, 2025 | $1.09B | 0.05 | $1.97B | 39.6% | 6.8% | 4.3% |
| Q4 FY2024 | Dec 31, 2024 | $1.26B | 0.68 | $798M | 63.2% | 22.1% | 14.1% |
| Q3 FY2024 | Sep 30, 2024 | $1.13B | 0.55 | $814M | 61.4% | 24.3% | 10.5% |
| Q2 FY2024 | Jun 30, 2024 | $789M | 0.45 | $403M | 46.8% | 28.4% | 12.0% |
| Q1 FY2024 | Mar 31, 2024 | $707M | 0.34 | $684M | 41.6% | 23.9% | 10.3% |
| Q4 FY2023 | Dec 31, 2023 | $1.05B | 0.86 | -$583M | 62.9% | 26.9% | 16.5% |
| Q3 FY2023 | Sep 30, 2023 | $671M | 0.30 | $295M | 45.3% | 16.4% | 9.2% |