ARES MANAGEMENT CORP
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | – | – |
| Stockholders' equity | 4,275 | 100.0 |
| Total capitalization | 4,275 | 100.0 |
103,332,418 shares outstanding at 29 April 2019 (cover page of the 10-Q filed 6 May 2019).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Not tagged in XBRL |
CAPITAL STOCK 12/31/25
| Outstanding at 4/29/19 | 103,332,418 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | – | – |
| 2024 | – | – |
| 2023 | – | – |
| 2022 | – | – |
| 2021 | 1.88 | – |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware. Formerly known as ARES MANAGEMENT LP (to 26 November 2018).
BUSINESS: Classified by the SEC under Standard Industrial Classification 6282, Investment Advice. Large accelerated filer. Principal executive office: 1800 Ave Of The Stars, Suite 1400, Los Angeles, CA 90067. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Total net revenue | 4,756 | 3,691 | 3,236 |
| Income before income taxes | 1,287 | 1,275 | 1,333 |
| Income taxes | 199 | 165 | 173 |
| Net income | 527 | 464 | 474 |
| Earned per share, diluted ($) | – | – | – |
| Dividends per share ($) | – | – | – |
CONSOLIDATED STATEMENT OF CONDITION
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Total assets | 28,633 | 24,884 |
| Total liabilities | 19,932 | 17,486 |
| Stockholders' equity | 4,275 | 3,544 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Total assets | Total liabilities | Total debt | Deposits | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 4,756 | – | 527 | 11.1 | – | – | 3,267 | 28,633 | 19,932 | – | – | 4,275 | 12.3 | – |
| 12/31/24 | 3,691 | – | 464 | 12.6 | – | – | 2,791 | 24,884 | 17,486 | – | – | 3,544 | 13.1 | – |
| 12/31/23 | 3,236 | – | 474 | 14.7 | – | – | (233) | 24,730 | 19,709 | – | – | 1,893 | 25.1 | – |
| 12/31/22 | 2,880 | – | 168 | 5.8 | – | – | (734) | 22,003 | 17,098 | – | – | 1,589 | 10.5 | – |
| 12/31/21 | 2,289 | – | 409 | 17.9 | – | 1.88 | (2,596) | 21,605 | 16,695 | – | – | 1,825 | 22.4 | – |
| 12/31/20 | 1,754 | – | 152 | 8.7 | – | – | (426) | 15,169 | 12,597 | – | – | 1,194 | 12.7 | – |
| 12/31/19 | 1,433 | – | 149 | 10.4 | – | 1.28 | (2,083) | 12,014 | 10,156 | – | – | 768 | 19.4 | – |
| 12/31/18 | 1,218 | – | 57 | 4.7 | – | 1.33 | (1,417) | 10,155 | 8,760 | – | – | 588 | 9.7 | – |
| 12/31/17 | 1,085 | – | 76 | 7.0 | – | 1.13 | (1,863) | 8,564 | 7,103 | – | – | 1,460 | 5.2 | – |
| 12/31/16 | 965 | – | 112 | 11.6 | – | 0.83 | (626) | 5,830 | 4,452 | – | – | 293 | 38.2 | – |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; capital expenditure and free cash flow are not shown for banks and insurers, where they are not meaningful; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
Ares Management Corp
CIK 1176948 · EIN 95-4656677
PRINCIPAL OFFICE:
1800 Ave Of The Stars, Suite 1400, Los Angeles, CA 90067
Tel.: 3102014100
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
6282 · Investment Advice
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 25 February 2026
FORMER NAMES:
ARES MANAGEMENT LP
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/25/26) · 10-K FY2024 (filed 2/27/25) · 10-K FY2023 (filed 2/27/24) · 10-K FY2022 (filed 2/24/23) · 10-K FY2021 (filed 2/28/22) · 10-K FY2020 (filed 2/25/21) · 10-K FY2019 (filed 2/28/20) · 10-K FY2018 (filed 2/26/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.