Ares Management Corp (ARESPB) Financial Statements (2026 and earlier)

Company Profile

Business Address 1800 AVE OF THE STARS
LOS ANGELES, CA 90067
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6282 - Investment Advice (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Noncurrent Assets
Intangible asset, including goodwill, after accumulated amortization4,2531,5711,6152,2082,211593
Goodwill3,4541,1631,1241,000788371
Intangible asset, excluding goodwill, after accumulated amortization7984084911,2081,423222
Total noncurrent assets:4,2531,5711,6152,2082,211593
Other undisclosed assets24,38123,31423,11619,79519,39414,576
TOTAL ASSETS:28,63324,88424,73122,00321,60515,169
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities19,93217,48619,70917,09816,69512,597
Total liabilities:19,93217,48619,70917,09816,69512,597
Equity
Equity, attributable to parent, including:4,2753,5441,8931,5891,8251,194
Preferred stock      299
Additional paid in capital4,2432,9372,3911,9711,9141,044
Accumulated other comprehensive income (loss)22(18)(6)(15)(2)0
Accumulated deficit(1,452)(837)(495)(369)(89)(152)
Other undisclosed equity, attributable to parent1,4631,4623333
Other undisclosed equity4,4013,2812,5812,2091,9891,278
Total equity:8,6766,8244,4743,7993,8142,472
Other undisclosed liabilities and equity255745471,1061,096100
TOTAL LIABILITIES AND EQUITY:28,63324,88424,73122,00321,60515,169

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues4,7563,6913,2362,8802,2891,754
Gross profit:4,7563,6913,2362,8802,2891,754
Operating expenses(4,709)(2,939)(2,798)(2,749)(3,410)(1,450)
Operating income (loss):47752438131(1,121)303
Nonoperating income39432949920426466
Gain (loss), foreign currency transaction, before tax (17)1(9)  (13)
Interest and debt expense    (71)(37)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes      10
Income (loss) from continuing operations before equity method investments, income taxes:4411,081937264(894)379
Income from equity method investments      23
Other undisclosed income from continuing operations before income taxes8461943962471,960 
Income from continuing operations before income taxes:1,2871,2751,3335111,066402
Income tax expense(199)(165)(173)(72)(147)(55)
Income from continuing operations:1,0881,1111,160439918347
Income before gain (loss) on sale of properties:✕✕✕✕✕918347
Other undisclosed net loss(254)(296)(274)  (23)
Net income:834815886439918324
Net income (loss) attributable to noncontrolling interest(1)(0)(0)   
Other undisclosed net loss attributable to parent(306)(351)(411)(271)(509)(172)
Net income attributable to parent:527464474168409152
Preferred stock dividends and other adjustments     (22)(22)
Other undisclosed net loss available to common stockholders, basic(101)(23)    
Net income available to common stockholders, basic:426441474168387130
Other undisclosed net loss available to common stockholders, diluted(43)(31) (14)  
Net income available to common stockholders, diluted:384410474153387130

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:834815886439918324
Net income (loss) attributable to redeemable noncontrolling interest(1)(0)✕✕✕✕
Other undisclosed comprehensive income (loss)333264294(34)(21) 
Comprehensive income:1,1671,0791,180405897324
Other undisclosed comprehensive loss, net of tax, attributable to parent   (696)   
Comprehensive income, net of tax, attributable to parent:1,1671,079484405897324

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.