Ares Management Corporation balance sheet
At the end of its fiscal year on Dec 31, 2025, Ares Management Corporation reported total assets of $28.63B and shareholders' equity of $4.28B. That works out to liabilities equal to 70% of assets.
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $5.83B | $8.56B | $10.15B | $12.01B | $15.17B | $21.61B | $22.00B | $24.73B | $24.88B | $28.63B |
| Cash & equivalents | $342.86M | $118.93M | $110.25M | $138.38M | $539.81M | $343.65M | $389.99M | $348.27M | $1.51B | $488.90M |
| Total liabilities | $4.45B | $7.10B | $8.76B | $10.16B | $12.60B | $16.69B | $17.10B | $19.71B | $17.49B | $19.93B |
| Shareholders' equity | $292.85M | $1.46B | $587.92M | $768.29M | $1.19B | $1.83B | $1.59B | $1.89B | $3.54B | $4.28B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 1176948 (raw data). Most recent filing in this dataset: 10-Q filed Aug 7, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.