Ares Management Corporation (ARES) quarterly balance sheet — complete assets, liabilities & equity history
Ares Management Corporation (ARES) balance sheet — 15-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash & Short Term Investments | 1.85B | 1.44B | 1.5B | 1.5B | 1.53B | 1.8B | 2.74B | 1.67B | 1.53B | 1.55B | 1.5B | 1.2B | 1.09B | 1.03B | 1.11B | 1.05B | 1.08B | 829.25M | 1.39B | 1.88B |
| Cash & Due from Banks | 1.85B | 1.44B | 1.5B | 1.5B | 1.53B | 1.8B | 2.74B | 1.67B | 1.53B | 1.55B | 1.5B | 1.2B | 1.09B | 1.03B | 1.11B | 1.05B | 1.08B | 829.25M | 1.39B | 1.88B |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 18.94B | 18.25B | 12.84B | 11.06B | 17.24B | 16.87B | 17.38B | 18.55B | 18.63B | 18.8B | 19.23B | 18.66B | 18.56B | 17.23B | 17.18B | 16.69B | 16.48B | 16.52B | 16.5B | 14.68B |
| Investments Growth % | 9.87% | 8.2% | -26.11% | -40.38% | -7.47% | -10.3% | -9.59% | -0.61% | 0.39% | 9.16% | 11.92% | 11.83% | 12.61% | 4.25% | 4.11% | 13.64% | 13.58% | 19.05% | 31.38% | 20.29% |
| Long-Term Investments | 18.94B | 18.25B | 12.84B | 11.06B | 17.24B | 16.87B | 17.38B | 18.55B | 18.63B | 18.8B | 19.23B | 18.66B | 18.56B | 17.23B | 17.18B | 16.69B | 16.48B | 16.52B | 16.5B | 14.68B |
| Accounts Receivables | 0 | 1.01B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 5.56B | 5.61B | 5.57B | 5.6B | 5.66B | 5.78B | 2.14B | 2.1B | 2.13B | 2.16B | 2.18B | 2.03B | 2.13B | 2.17B | 2.21B | 2.23B | 2.45B | 2.49B | 2.21B | 2.24B |
| Goodwill | 3.46B | 3.46B | 3.45B | 3.44B | 3.44B | 3.5B | 1.16B | 1.13B | 1.13B | 1.13B | 1.12B | 997.8M | 998.02M | 998.94M | 999.66M | 996.74M | 998.44M | 1B | 787.97M | 787.75M |
| Intangible Assets | 2.1B | 2.14B | 2.12B | 2.17B | 2.22B | 2.28B | 975.83M | 969.98M | 1B | 1.03B | 1.06B | 1.03B | 1.13B | 1.17B | 1.21B | 1.24B | 1.45B | 1.49B | 1.42B | 1.45B |
| PP&E (Net) | 633.38M | 564.57M | 517.35M | 526.04M | 540.46M | 546.81M | 688.99M | 426.48M | 231.52M | 237.02M | 371.55M | 259.54M | 170.91M | 154.97M | 235.63M | 159.69M | 153.93M | 161.09M | 238.91M | 176.51M |
| Other Assets | 2.65B | 1.09B | 6.71B | 910.4M | 972.2M | 921.67M | 186.08M | 732.94M | 674.21M | 596.39M | 157.45M | 378.25M | 319.54M | 329.95M | 111.62M | 320.58M | 308.58M | 326.04M | 64.34M | 266.93M |
| Total Current Assets | 1.85B | 2.88B | 3.35B | 8.93B | 2.86B | 3.07B | 4.25B | 2.71B | 2.52B | 2.61B | 2.77B | 2.05B | 1.94B | 2.05B | 2.2B | 1.8B | 1.83B | 1.63B | 2.55B | 2.57B |
| Total Non-Current Assets | 27.78B | 25.51B | 25.64B | 18.1B | 24.41B | 24.11B | 20.64B | 21.81B | 21.67B | 21.8B | 21.96B | 21.33B | 21.18B | 19.88B | 19.8B | 19.4B | 19.39B | 19.5B | 19.05B | 17.37B |
| Total Assets | 29.63B | 28.39B | 28.99B | 27.03B | 27.26B | 27.18B | 24.88B | 24.52B | 24.19B | 24.41B | 24.73B | 23.38B | 23.12B | 21.93B | 22B | 21.21B | 21.23B | 21.13B | 21.61B | 19.93B |
| Asset Growth % | 8.68% | 4.46% | 16.51% | 10.23% | 12.7% | 11.34% | 0.62% | 4.87% | 4.64% | 11.33% | 12.4% | 10.27% | 8.92% | 3.77% | 1.84% | 6.38% | 13.88% | 27.79% | 42.43% | 33.53% |
| Return on Assets (ROA) | 0.52% | 0.5% | 0.19% | 1.06% | 0.5% | 0.18% | 0.72% | 0.49% | 0.39% | 0.3% | 0.72% | 0.27% | 0.64% | 0.43% | 0.54% | -0.17% | 0.19% | 0.21% | 0.6% | 0.44% |
| Accounts Payable | 0 | 0 | 0 | 1.04B | 1.02B | 996.78M | 686.97M | 508.81M | 444.82M | 452.11M | 423.41M | 507.82M | 492.49M | 448.8M | 400.21M | 427.13M | 356.16M | 357.18M | 382.93M | 297.83M |
| Total Debt | 14.87B | 14.15B | 14.91B | 12.73B | 13.47B | 13.36B | 13.15B | 14.42B | 14.5B | 15.34B | 15.76B | 14.21B | 14.03B | 13.49B | 13.33B | 12.68B | 12.62B | 12.68B | 12.49B | 11.73B |
| Net Debt | 13.02B | 12.71B | 13.41B | 11.23B | 11.94B | 11.55B | 10.41B | 12.76B | 12.97B | 13.79B | 14.26B | 13.01B | 12.94B | 12.46B | 12.22B | 11.63B | 11.55B | 11.85B | 11.1B | 9.85B |
| Long-Term Debt | 14.06B | 13.42B | 12.77B | 11.26B | 12.12B | 12.07B | 12.23B | 13.61B | 14.06B | 14.95B | 15.31B | 13.88B | 13.83B | 13.22B | 12.98B | 12.33B | 12.28B | 12.34B | 12.16B | 11.41B |
| Short-Term Debt | 0 | 57.99M | 1.49B | 785.28M | 667.01M | 603.31M | 275M | 273M | 137.24M | 78.24M | 125.24M | 0 | 0 | 77.5M | 168.05M | 149.55M | 155.37M | 145.09M | 127.77M | 99.24M |
| Other Liabilities | 3.89B | 5.86B | 5B | 682.49M | 1.02B | 880.86M | 855.09M | 970.3M | 856.71M | 771.19M | 834.29M | 1.39B | 1.27B | 815.88M | 1.62B | 1.69B | 1.5B | 1.38B | 1.41B | 1.41B |
| Total Current Liabilities | 2.24B | 57.99M | 1.49B | 5.8B | 5.18B | 5.34B | 4.33B | 4.09B | 3.78B | 3.9B | 3.79B | 3.77B | 3.82B | 3.62B | 3.42B | 3.52B | 3.59B | 3.54B | 4.02B | 3.36B |
| Total Non-Current Liabilities | 18.76B | 19.95B | 18.8B | 12.62B | 13.82B | 13.63B | 13.73B | 15.12B | 15.22B | 16.03B | 16.47B | 15.6B | 15.31B | 14.22B | 14.78B | 14.22B | 13.96B | 13.92B | 13.77B | 13.04B |
| Total Liabilities | 21.03B | 20.01B | 20.29B | 18.43B | 19.01B | 18.97B | 18.06B | 19.21B | 19B | 19.94B | 20.26B | 19.37B | 19.13B | 17.85B | 18.2B | 17.74B | 17.56B | 17.46B | 17.79B | 16.39B |
| Total Equity | 8.6B | 8.36B | 8.7B | 8.61B | 8.26B | 8.21B | 6.82B | 5.31B | 5.2B | 4.48B | 4.47B | 4.02B | 3.99B | 4.08B | 3.8B | 3.47B | 3.67B | 3.67B | 3.81B | 3.54B |
| Equity Growth % | 4.18% | 1.8% | 27.51% | 62.07% | 58.88% | 83.42% | 52.52% | 32.15% | 30.17% | 9.75% | 17.79% | 15.88% | 8.84% | 11.23% | -0.41% | -2.06% | 6.6% | 51.52% | 54.32% | 49.33% |
| Equity / Assets (Capital Ratio) | 29.03% | 29.44% | 30.01% | 31.84% | 30.29% | 30.21% | 27.42% | 21.65% | 21.48% | 18.34% | 18.09% | 17.18% | 17.27% | 18.6% | 17.26% | 16.35% | 17.28% | 17.36% | 17.66% | 17.76% |
| Return on Equity (ROE) | 1.78% | 1.67% | 0.63% | 3.43% | 1.66% | 0.63% | 2.92% | 2.25% | 1.96% | 1.63% | 4.1% | 1.54% | 3.58% | 2.39% | 3.23% | -1% | 1.08% | 1.23% | 3.37% | 2.43% |
| Book Value per Share | 38.01 | 37.31 | 39.35 | 39.14 | 37.72 | 39.23 | 31.73 | 26.46 | 26.49 | 23.24 | 23.58 | 21.58 | 20.57 | 22.79 | 20.01 | 19.74 | 20.94 | 21.05 | 20.19 | 18.98 |
| Tangible BV per Share | 13.45 | 12.29 | 14.16 | 13.66 | 11.88 | 11.63 | 21.79 | 15.98 | 15.63 | 12.03 | 12.08 | 10.67 | 9.60 | 10.69 | 8.38 | 7.02 | 6.94 | 6.75 | 8.49 | 6.97 |
| Common Stock | 3.3M | 3.3M | 3.24M | 3.27M | 3.27M | 3.27M | 3.13M | 3.1M | 3.13M | 3.1M | 3.08M | 3.06M | 3.04M | 3.02M | 2.95M | 2.94M | 2.94M | 2.94M | 2.9M | 2.9M |
| Additional Paid-in Capital | 4.35B | 4.2B | 4.24B | 4.2B | 4.09B | 4.04B | 2.94B | 2.86B | 2.72B | 2.39B | 2.39B | 2.26B | 2.18B | 2.1B | 1.97B | 1.91B | 1.88B | 1.85B | 1.91B | 1.88B |
| Retained Earnings | -1.85B | -1.66B | -1.45B | -1.22B | -1.22B | -1.07B | -837.29M | -792.4M | -712.86M | -612.56M | -495.08M | -515.35M | -425.53M | -420.82M | -369.48M | -374.2M | -226.7M | -154.93M | -89.38M | -128.98M |
| Accumulated OCI | 13.12M | 13.99M | 21.74M | 29.76M | 32.2M | 24.34M | -17.76M | 8.45M | -10.48M | -10.48M | -5.63M | -17.27M | -9.69M | -12.35M | -14.99M | -28.82M | -17.19M | -6.02M | -1.85M | -2.57M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 1.46B | 1.46B | 1.46B | 1.46B | 1.46B | 1.46B | 1.46B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |