Below are the financial statements of Ares Management, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Assets | — | — |
Cash and cash equivalents | 1,507.98a | 348.27a |
Investments | 4,644.78a | 4,624.93a |
Due from affiliates | 1,056.61a | 896.75a |
Other assets | 774.65a | 429.98a |
Right-of-use operating lease assets | 511.32a | 249.33a |
Intangible assets, net | 975.83a | 1,058.5a |
Goodwill | 1,162.64a | 1,123.98a |
Assets of consolidated funds | — | — |
Cash and cash equivalents | 1,227.49a | 1,149.51a |
Investments held in trust account | 550.8a | 523.04a |
Investments, at fair value | 12,187.04a | 14,078.55a |
Receivable for securities sold | 202.78a | 146.85a |
Other assets | 82.4a | 100.82a |
Total assets | 24,884.31a | 24,730.5a |
Liabilities | — | — |
Accounts payable, accrued expenses and other liabilities | 363.87a | 233.88a |
Accrued compensation | 280.89a | 287.26a |
Due to affiliates | 500.48a | 240.25a |
Performance related compensation payable | 2,537.2a | 2,514.61a |
Debt obligations | 2,558.91a | 2,965.48a |
Operating lease liabilities | 641.86a | 319.57a |
Liabilities of consolidated funds | — | — |
Accounts payable, accrued expenses and other liabilities | 323.1a | 189.52a |
Due to affiliates | 0a | 3.55a |
Payable for securities purchased | 332.41a | 484.12a |
CLO loan obligations, at fair value | 9,672.19a | 12,345.66a |
Fund borrowings | 275a | 125.24a |
Total liabilities | 17,485.92a | 19,709.15a |
Redeemable interest in consolidated funds | 550.7a | 522.94a |
Redeemable interest in Ares Operating Group entities | 23.5a | 24.1a |
Non-controlling interests in consolidated funds | 2,025.67a | 1,258.45a |
Non-controlling interests in Ares Operating Group entities | 1,254.88a | 1,322.47a |
Stockholders’ equity | — | — |
Series b mandatory convertible preferred stock | 1,458.77a | 0a |
Class a common stock | 2a | 1.87a |
Non-voting common stock | 0.04a | 0.04a |
Class b common stock | 0a | 0a |
Class c common stock | 1.1a | 1.17a |
Additional paid-in-capital | 2,936.79a | 2,391.04a |
Accumulated deficit | -837.29a | -495.08a |
Accumulated other comprehensive loss, net of tax | -17.76a | -5.63a |
Total stockholders’ equity | 3,543.65a | 1,893.4a |
Total equity | 6,824.19a | 4,474.31a |
Total liabilities, redeemable interest, non-controlling interests and equity | 24,884.31a | 24,730.5a |
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