Ares Management (ARES) Income After Tax (2010 - 2026)
Ares Management (ARES) recorded Income After Tax of $205.39 million in Q3 2026, down 62.0% from $540.38 million a year earlier and down 34.4% from the prior quarter.
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Analysis
Ares Management (ARES) Income After Tax (2010 - 2026) Analysis & Trends
On a TTM basis, Ares Management's Income After Tax came in at $969.9 million as of Sep 30, 2026, down 21.8% year-over-year; for FY2025, it came in at $1.09 billion, down 2.0% from FY2024.
- Annual Income After Tax has a five-year compound annual growth rate of 27.4% (FY2020 to FY2025).
- Across earlier years, Income After Tax came in at $1.11 billion in FY2024 (-4.3%), $1.16 billion in FY2023 (+164.3%), $438.92 million in FY2022 (-52.2%) and $918.31 million in FY2021 (+183.0%).
- Quarterly Income After Tax has ranged from -$65.12 million in Q3 2022 to $540.38 million in Q3 2025 over the past five years.
- On a year-over-year basis, Income After Tax rose in three of the last eight quarters, with growth averaging 7.0%.
- Peak year-over-year performance for Income After Tax in the last five years was growth of 520.3% in Q2 2023, against a decline of 80.3% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $312.97 million (Q2 2026), $253.05 million (Q1 2026) and $198.5 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income After Tax (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 1.92 Bn |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - | - |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - | - |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - | 1.27 Bn |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | 1.24 Bn |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | 3.00 Bn |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | -1.12 Bn |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn | 589.02 Mn |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn | 205.39 Mn |
| 10 | Franco Nevada | 47.61 Bn | 43.98 Bn | 427.60 Mn | 388.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 205.39 Mn |
| Jun 30, 2026 | 312.97 Mn |
| Mar 31, 2026 | 253.05 Mn |
| Dec 31, 2025 | 198.50 Mn |
| Sep 30, 2025 | 540.38 Mn |
| Jun 30, 2025 | 225.98 Mn |
| Mar 31, 2025 | 123.50 Mn |
| Dec 31, 2024 | 350.02 Mn |
| Sep 30, 2024 | 280.65 Mn |
| Jun 30, 2024 | 276.25 Mn |
| Mar 31, 2024 | 203.82 Mn |
| Dec 31, 2023 | 423.55 Mn |
| Sep 30, 2023 | 116.69 Mn |
| Jun 30, 2023 | 332.26 Mn |
| Mar 31, 2023 | 207.32 Mn |
| Dec 31, 2022 | 293.19 Mn |
| Sep 30, 2022 | -65.12 Mn |
| Jun 30, 2022 | 53.57 Mn |
| Mar 31, 2022 | 140.90 Mn |
| Dec 31, 2021 | 265.98 Mn |
API Access
Ares Management Income After Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=profit-after-tax&ticker=ARES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "ticker": "ARES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=profit-after-tax&ticker=ARES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();