Ares Management Corporation (ARES) financial statements (2023 and earlier)

Company profile

Business Address 2000 AVE OF THE STARS
LOS ANGELES, CA 90067
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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Noncurrent Assets
Intangible assets, net (including goodwill)2,211593152175184202229
Goodwill788371144144144144144
Intangible assets, net (excluding goodwill)1,423222832405885
Total noncurrent assets:2,211593152175184202229
Other undisclosed assets19,39414,57611,8629,9798,3795,6284,092
TOTAL ASSETS:21,60515,16912,01410,1558,5645,8304,321
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities16,69512,59710,1568,7607,1034,4523,329
Total liabilities:16,69512,59710,1568,7607,1034,4523,329
Temporary equity, carrying amount     24 
Stockholders' equity
Stockholders' equity attributable to parent, including:1,8251,194768588275293247
Preferred stock 299299299   
Additional paid in capital1,9141,044525326   
Accumulated other comprehensive income (loss)(2)0(6)(9)(4)(9)(5)
Accumulated deficit(89)(152)(51)(29)   
Other undisclosed stockholders' equity attributable to parent3311279302252
Other undisclosed stockholders' equity1,9891,2781,0908061,1851,084721
Total stockholders' equity:3,8142,4721,8591,3941,4601,377968
Other undisclosed liabilities and equity1,096100   (24)24
TOTAL LIABILITIES AND EQUITY:21,60515,16912,01410,1558,5645,8304,321

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues2,2891,7541,4331,2181,4151,199814
Gross profit:2,2891,7541,4331,2181,4151,199814
Operating expenses(3,410)(1,450)(1,463)(870)(1,505)(1,016)(769)
Operating income (loss):(1,121)303(30)348(89)18345
Nonoperating income264661239623911536
Investment income, nonoperating29   (30)(70)36
Foreign currency transaction gain (loss), before tax (13)9(0)(2)(16)0
Interest and debt expense(37)(0)(0) (21)  
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 10332(260)21  
Income (loss) from continuing operations before equity method investments, income taxes:(894)37942518415029881
Income from equity method investments 23     
Other undisclosed income from continuing operations before income taxes1,960      
Income from continuing operations before income taxes:1,06640242518415029881
Income tax expense (benefit)(147)(55)(52)(32)23(11)(19)
Income before gain (loss) on sale of properties:91834737315217328762
Other undisclosed net loss (23)     
Net income:91832437315217328762
Other undisclosed net loss attributable to parent(509)(172)(224)(95)(97)(175)(43)
Net income attributable to parent:409152149577611219
Preferred stock dividends and other adjustments(22)(22)(22)(22)(22)(12)(1)
Other undisclosed net loss available to common stockholders, basic   (7)(4)(1) 
Net income available to common stockholders, basic:38713012728519819
Other undisclosed net income available to common stockholders, diluted     1 
Net income available to common stockholders, diluted:387130127285110019

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:91832437315217328762
Other undisclosed comprehensive loss(21)      
Comprehensive income, net of tax, attributable to parent:89732437315217328762

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: