ARES MANAGEMENT CORPORATION (ARES) capitalization

Current snapshot

Market Cap
$35.63B
313.2M shares × $107.66
Net Worth
$4.28B
Stockholders' equity · 2025-12-31
Enterprise Value
$35.81B
Market cap + debt − cash
Net Debt
$181.1M
Debt $670.0M − Cash $488.9M

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-12-31
FY'24 2024-12-31 $55.44B
FY'23 2023-12-31 $36.58B
FY'23 2023-03-31 $25.18B
FY'22 2022-12-31 $20.16B
FY'21 2021-12-31 $23.60B
FY'20 2020-12-31 $12.22B
FY'19 2019-12-31 $4.11B
FY'18 2018-12-31 $1.81B
FY'17 2017-12-31
FY'16 2016-12-31
FY'15 2015-12-31
FY'14 2014-12-31 $1.38B

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q4'25 2025-12-31
Q3'25 2025-09-30
Q2'25 2025-06-30
Q1'25 2025-03-31
Q4'24 2024-12-31 $55.44B
Q3'24 2024-09-30 $48.78B
Q2'24 2024-06-30 $41.65B
Q1'24 2024-03-31 $41.18B
Q4'23 2023-12-31 $36.58B
Q3'23 2023-09-30 $31.48B
Q2'23 2023-06-30 $29.33B
Q4'23 2023-03-31 $25.18B
Q4'22 2022-12-31 $20.16B
Q3'22 2022-09-30 $18.22B
Q2'22 2022-06-30 $16.70B
Q1'22 2022-03-31 $23.83B
Q4'21 2021-12-31 $23.60B
Q3'21 2021-09-30 $21.40B
Q2'21 2021-06-30 $18.07B
Q1'21 2021-03-31 $14.68B
Q4'20 2020-12-31 $12.22B
Q3'20 2020-09-30 $10.45B
Q2'20 2020-06-30 $9.93B
Q1'20 2020-03-31 $7.66B
Q4'19 2019-12-31 $4.11B
Q3'19 2019-09-30 $3.08B
Q2'19 2019-06-30 $2.81B
Q1'19 2019-03-31 $2.39B
Q4'18 2018-12-31 $1.81B
Q3'18 2018-09-30
Q2'18 2018-06-30
Q1'18 2018-03-31
Q4'17 2017-12-31
Q3'17 2017-09-30
Q2'17 2017-06-30
Q1'17 2017-03-31
Q4'16 2016-12-31
Q3'16 2016-09-30
Q2'16 2016-06-30
Q1'16 2016-03-31
Q4'15 2015-12-31
Q3'15 2015-09-30 $1.41B
Q2'15 2015-06-30 $1.49B
Q1'15 2015-03-31 $1.50B
Q4'14 2014-12-31
Q3'14 2014-09-30 $1.41B
Q2'14 2014-06-30 $1.52B
Q1'14 2014-03-31
Q1'14 2013-12-31
Q3'14 2013-09-30
Q2'14 2013-06-30
Q2'14 2012-12-31

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (ARES CIK 0001176948), tagged with the us-gaap and dei taxonomies. The only exception is the live market cap tile, which uses the current share price × shares outstanding from a market quote. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.