Fortress Investment Group LLC (FIG) financial statements (2021 and earlier)

Company profile

Business Address 1345 AVENUE OF THE AMERICAS
NEW YORK, NY 10105
State of Incorp. DE
Fiscal Year End December 31
SIC 6282 - Investment Advice (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments666342335397351279226
Cash and cash equivalents666342335397351279226
Total current assets:666342335397351279226
Noncurrent Assets
Property, plant and equipment   45   
Long-term investments and receivables842850822880933937978
Long-term investments842850822880919937978
Accounts and financing receivable, after allowance for credit loss    14  
Intangible assets, net (including goodwill)   (12)   
Intangible assets, net (excluding goodwill)   (12)   
Total noncurrent assets:842850822913933937978
Other undisclosed assets809850823892774768805
TOTAL ASSETS:2,3172,0411,9802,2012,0581,9832,008
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,3241,2091,1331,3141,3001,2571,154
Total liabilities:1,3241,2091,1331,3141,3001,2571,154
Stockholders' equity
Stockholders' equity attributable to parent637546552564491476531
Additional paid in capital1,8741,8711,8931,8991,9161,9321,971
Accumulated other comprehensive loss(3)(2)(3)(1)(5)(4)(3)
Accumulated deficit(1,234)(1,323)(1,338)(1,334)(1,420)(1,451)(1,437)
Stockholders' equity attributable to noncontrolling interest356287294324267250323
Total stockholders' equity:993833846888758726854
TOTAL LIABILITIES AND EQUITY:2,3172,0411,9802,2012,0581,9832,008

Income statement (P&L) ($ in millions)

9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
Revenue, net13151515452414
Financial services revenue177175157360141149159
Gross profit:254247232438261233232
Operating expenses(248)(210)(241)(280)(225)(239)(207)
Operating income (loss):637(9)15836(6)25
Nonoperating income (expense)231812329(16)(40)
Investment income, nonoperating20(18)20462(7)(17)
Interest and debt expense(2)(2)(2)(2)(3)(3)(3)
Income (loss) from continuing operations before equity method investments, income taxes:23543(11)17963(26)(18)
Other undisclosed income from continuing operations before income taxes2222333
Income (loss) from continuing operations before income taxes:23746(9)18165(23)(15)
Income tax expense (benefit)(47)(14)2(16)(7)(4)(1)
Net income (loss):19032(7)16558(27)(16)
Net income (loss) attributable to noncontrolling interest(101)(17)4(79)(27)127
Net income (loss) attributable to parent:8915(3)8631(14)(9)
Other undisclosed net loss available to common stockholders, basic(3)(0)(0)(0)(1)(1)(0)
Net income (loss) available to common stockholders, basic:8614(4)8630(15)(9)
Other undisclosed net income (loss) available to common stockholders, diluted619 52(2)  
Net income (loss) available to common stockholders, diluted:14724(4)13828(15)(9)

Comprehensive Income ($ in millions)

9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
Net income (loss):19032(7)16558(27)(16)
Other comprehensive loss      (2)
Other undisclosed comprehensive income (loss)(1)0(3)8(1)(3)2
Comprehensive income (loss):19032(10)17358(30)(16)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(101)(17)5(83)(27)148
Comprehensive income (loss), net of tax, attributable to parent:8915(5)9031(16)(9)

Statements sources

The financial statements are based on the company's filings with the 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.

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