Ares Management (ARES) Revenue — Quarter Ended Dec 31, 2024
This quarter's revenue increased compared with the previous quarter and the same quarter a year ago. The reported revenue direction was positive, reflecting continued growth.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
This quarter's revenue increased compared with the previous quarter and the same quarter a year ago. The reported revenue direction was positive, reflecting continued growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
+11.4%
Change from the immediately preceding quarter.
Year-over-year
+19.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $707.4M | -13.0% |
| Jun 30, 2024 | $788.7M | -27.9% |
| Sep 30, 2024 | $1.1B | +68.3% |
| Dec 31, 2024 | $1.3B | +19.5% |
Revenue performance
Revenue rose sequentially and also exceeded the year-earlier level. The increase marked a further advance from the prior period's gains.
Quarterly comparison
Relative to the immediately preceding quarter, revenue was higher. In addition, the year-over-year comparison also showed an improvement.
What to watch
The upward revenue trend over recent periods should be monitored for sustainability.