Ares Management Corporation (ARES)
NYSE: ARES · Real-Time Price · USD
103.84
+3.33 (3.31%)
Mar 17, 2026, 11:58 AM EDT - Market open
Ares Management Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
Cash & Equivalents | 1,448 | 1,500 | 1,532 | 1,803 | 2,735 | 1,666 | 1,525 | 1,546 | 1,498 | 1,197 | 1,089 | 1,027 | 1,115 | 1,045 | 1,077 | 829.25 | 1,393 | 1,877 | 1,432 | 1,167 |
Cash & Short-Term Investments | 1,448 | 1,500 | 1,532 | 1,803 | 2,735 | 1,666 | 1,525 | 1,546 | 1,498 | 1,197 | 1,089 | 1,027 | 1,115 | 1,045 | 1,077 | 829.25 | 1,393 | 1,877 | 1,432 | 1,167 |
Cash Growth | -47.07% | -9.97% | 0.42% | 16.63% | 82.63% | 39.17% | 40.08% | 50.48% | 34.38% | 14.51% | 1.12% | 23.87% | -19.98% | -44.30% | -24.78% | -28.95% | 31.13% | 52.13% | 24.67% | -30.61% |
Accounts Receivable | 228.44 | 147.8 | 191.43 | 142.9 | 202.78 | 176.48 | 182.95 | 244 | 146.85 | 153.21 | 197.73 | 305.42 | 124.05 | 189.82 | 195.83 | 304.28 | 281.13 | 187.23 | 252.49 | 166.96 |
Other Receivables | 1,420 | 1,334 | 1,135 | 1,123 | 1,057 | 870.78 | 816.54 | 825.2 | 896.75 | 702.83 | 654.83 | 718.68 | 774.26 | 569.24 | 559.3 | 495.64 | 677.62 | 502.47 | 382.96 | 351.69 |
Total Current Assets | 3,097 | 2,982 | 2,858 | 3,069 | 3,995 | 2,713 | 2,525 | 2,615 | 2,541 | 2,053 | 1,942 | 2,051 | 2,013 | 1,805 | 1,832 | 1,629 | 2,352 | 2,567 | 2,067 | 1,686 |
Net Property, Plant & Equipment | 517.35 | 526.04 | 540.46 | 546.81 | 511.32 | 426.48 | 231.52 | 237.02 | 249.33 | 259.54 | 170.91 | 154.97 | 155.95 | 159.69 | 153.93 | 161.09 | 167.65 | 176.51 | 166.89 | 157.91 |
Other Intangible Assets | 2,116 | 2,166 | 2,220 | 2,277 | 975.83 | 969.98 | 1,001 | 1,030 | 1,058 | 1,034 | 1,131 | 1,167 | 1,208 | 1,238 | 1,454 | 1,491 | 1,423 | 1,453 | - | - |
Goodwill | 3,454 | 3,437 | 3,436 | 3,499 | 1,163 | 1,133 | 1,130 | 1,130 | 1,124 | 997.8 | 998.02 | 998.94 | 999.66 | 996.74 | 998.44 | 1,000 | 787.97 | - | - | - |
Long-Term Investments | 18,353 | 17,010 | 17,238 | 16,869 | 17,383 | 18,547 | 18,630 | 18,805 | 19,227 | 18,662 | 18,558 | 17,227 | 17,179 | 16,687 | 16,479 | 16,524 | 16,501 | 14,684 | 14,511 | 13,880 |
Other Long-Term Assets | 1,096 | 910.4 | 972.2 | 921.67 | 857.05 | 732.94 | 674.21 | 596.39 | 530.8 | 378.25 | 319.54 | 329.95 | 446.71 | 320.58 | 308.58 | 326.04 | 374.19 | 1,055 | 1,205 | 812.04 |
Total Assets | 28,633 | 27,032 | 27,265 | 27,182 | 24,884 | 24,523 | 24,193 | 24,413 | 24,731 | 23,384 | 23,119 | 21,929 | 22,003 | 21,206 | 21,226 | 21,131 | 21,605 | 19,934 | 18,640 | 16,536 |
Accounts Payable | 1,475 | 1,398 | 1,259 | 1,412 | 1,019 | 885.84 | 948.35 | 1,000 | 907.52 | 1,021 | 1,047 | 998.22 | 714.4 | 846.85 | 1,024 | 918.33 | 1,501 | 1,161 | 1,567 | 999.9 |
Accrued Expenses | 3,424 | 3,649 | 3,108 | 2,900 | 2,818 | 2,920 | 2,638 | 2,668 | 2,802 | 2,899 | 2,830 | 2,579 | 2,792 | 2,997 | 2,686 | 2,572 | 2,501 | 2,205 | 1,811 | 1,058 |
Other Current Liabilities | 810.41 | 626.59 | 587.4 | 721.85 | 500.48 | 416.04 | 349.22 | 376.04 | 243.81 | 210.73 | 193.07 | 183.45 | 256.84 | 122.31 | 133.42 | 194.41 | 198.55 | 202.44 | 98.44 | 78.44 |
Total Current Liabilities | 5,710 | 5,674 | 4,954 | 5,034 | 4,338 | 4,222 | 3,935 | 4,044 | 3,953 | 4,131 | 4,070 | 3,761 | 3,764 | 3,967 | 3,843 | 3,685 | 4,201 | 3,568 | 3,476 | 2,137 |
Long-Term Debt | 13,552 | 12,050 | 12,784 | 12,670 | 12,506 | 13,886 | 14,196 | 15,031 | 15,436 | 13,882 | 13,826 | 13,390 | 13,144 | 12,482 | 12,433 | 12,485 | 12,289 | 11,512 | 10,507 | 10,761 |
Long-Term Leases | 670 | 676.37 | 686.75 | 686.04 | 641.86 | 535.69 | 304.21 | 308.34 | 319.57 | 326.9 | 206.82 | 191.09 | 190.62 | 193.18 | 189.18 | 197.31 | 205.08 | 214.68 | 198.29 | 186.59 |
Total Long-Term Liabilities | 14,222 | 12,726 | 13,471 | 13,356 | 13,148 | 14,421 | 14,500 | 15,339 | 15,756 | 14,209 | 14,033 | 13,581 | 13,334 | 12,675 | 12,622 | 12,683 | 12,494 | 11,727 | 10,705 | 10,948 |
Total Liabilities | 19,932 | 18,400 | 18,426 | 18,390 | 17,486 | 18,643 | 18,436 | 19,383 | 19,709 | 18,340 | 18,103 | 17,342 | 17,098 | 16,642 | 16,465 | 16,367 | 16,695 | 15,295 | 14,182 | 13,085 |
Preferred Stock | 1,460 | 1,461 | 1,460 | 1,460 | 1,459 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 298.76 |
Common Stock | 3.27 | 3.27 | 3.27 | 3.27 | 3.13 | 3.13 | 3.13 | 3.1 | 3.08 | 3.06 | 3.04 | 3.02 | 2.95 | 2.94 | 2.94 | 2.94 | 2.91 | 2.9 | 2.84 | 2.62 |
Additional Paid-in Capital | 4,243 | 4,199 | 4,088 | 4,041 | 2,937 | 2,857 | 2,722 | 2,387 | 2,391 | 2,263 | 2,182 | 2,100 | 1,971 | 1,912 | 1,880 | 1,851 | 1,914 | 1,882 | 1,750 | 1,034 |
Accumulated Other Comprehensive Income | 21.74 | 29.76 | 32.2 | 24.34 | -17.76 | 8.45 | -10.48 | -10.48 | -5.63 | -17.27 | -9.69 | -12.35 | -14.99 | -28.82 | -17.19 | -6.02 | -1.86 | -2.57 | 0.7 | -0.06 |
Retained Earnings | -1,452 | -1,219 | -1,222 | -1,074 | -837.29 | -792.4 | -712.86 | -612.56 | -495.08 | -515.35 | -425.53 | -420.82 | -369.48 | -374.2 | -226.7 | -154.93 | -89.38 | -128.98 | -131.4 | -173.56 |
Total Common Shareholders' Equity | 4,275 | 4,474 | 4,362 | 4,454 | 3,544 | 2,076 | 2,002 | 1,767 | 1,893 | 1,733 | 1,750 | 1,670 | 1,589 | 1,512 | 1,639 | 1,693 | 1,825 | 1,753 | 1,622 | 2,421 |
Minority Interest | 4,426 | 4,158 | 4,478 | 4,338 | 3,855 | 3,803 | 3,755 | 3,263 | 3,128 | 3,311 | 3,266 | 2,916 | 2,181 | 3,053 | 3,122 | 1,797 | 3,085 | 2,886 | 2,836 | 2,290 |
Shareholders' Equity | 8,701 | 8,632 | 8,839 | 8,792 | 7,398 | 5,880 | 5,757 | 5,030 | 5,021 | 5,044 | 5,016 | 4,586 | 3,770 | 4,565 | 4,762 | 3,490 | 4,910 | 4,639 | 4,458 | 4,710 |
Total Liabilities & Equity | 28,633 | 27,032 | 27,265 | 27,182 | 24,884 | 24,523 | 24,193 | 24,413 | 24,731 | 23,384 | 23,119 | 21,929 | 22,003 | 21,206 | 21,226 | 21,131 | 21,605 | 19,934 | 18,640 | 16,536 |
Total Debt | 14,222 | 12,726 | 13,471 | 13,356 | 13,148 | 14,421 | 14,500 | 15,339 | 15,756 | 14,209 | 14,033 | 13,581 | 13,334 | 12,675 | 12,622 | 12,683 | 12,494 | 11,727 | 10,705 | 10,948 |
Net Cash (Debt) | -12,774 | -11,226 | -11,939 | -11,553 | -10,413 | -12,755 | -12,975 | -13,793 | -14,258 | -13,012 | -12,944 | -12,554 | -12,220 | -11,630 | -11,545 | -11,853 | -11,101 | -9,850 | -9,274 | -9,781 |
Net Cash Per Share | -57.77 | -51.06 | -54.54 | -55.19 | -48.41 | -63.55 | -66.13 | -71.61 | -70.88 | -69.87 | -66.70 | -70.14 | -64.37 | -66.22 | -65.91 | -68.04 | -58.76 | -52.81 | -51.23 | -59.76 |
Book Value | 4,275 | 4,474 | 4,362 | 4,454 | 3,544 | 2,076 | 2,002 | 1,767 | 1,893 | 1,733 | 1,750 | 1,670 | 1,589 | 1,512 | 1,639 | 1,693 | 1,825 | 1,753 | 1,622 | 2,421 |
Book Value Per Share | 19.33 | 20.35 | 19.92 | 21.28 | 16.48 | 10.34 | 10.20 | 9.18 | 9.41 | 9.31 | 9.02 | 9.33 | 8.37 | 8.61 | 9.36 | 9.72 | 9.66 | 9.40 | 8.96 | 14.79 |
Tangible Book Value | -1,294 | -1,130 | -1,294 | -1,322 | 1,405 | -26.98 | -129.69 | -392.67 | -289.07 | -298.21 | -378.69 | -495.65 | -618.64 | -723.19 | -812.76 | -797.83 | -385.56 | 300.57 | 1,622 | 2,421 |
Tangible Book Value Per Share | -5.85 | -5.14 | -5.91 | -6.32 | 6.53 | -0.13 | -0.66 | -2.04 | -1.44 | -1.60 | -1.95 | -2.77 | -3.26 | -4.12 | -4.64 | -4.58 | -2.04 | 1.61 | 8.96 | 14.79 |
Updated Feb 5, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.