Business Segments · Total equity

Secondaries Group — Total equity

Ares Management Corporation Secondaries Group — Total equity decreased by 44.9% to $6.24B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 44.9%, from $11.33B to $6.24B. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ4 2025
Rolls up toTotal Equity

How to read this metric

Increasing equity indicates the segment is generating value and retaining earnings.

Detailed definition

The residual interest in the assets of the Secondaries Group after deducting all liabilities. This represents the net bo...

Peer comparison

Standard measure of segment net worth.

Metric ID: ares_segment_secondaries_group_total_equity

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$4.26B$9.21B$10.18B$11.33B$6.24B
QoQ Change+116.3%+10.4%+11.3%-44.9%
YoY Change+116.3%+10.4%+11.3%-44.9%
Range$4.26B$11.33B
CAGR+46.5%
Avg YoY Growth+23.3%
Median YoY Growth+10.9%

Frequently Asked Questions

What is Ares Management Corporation's secondaries group — total equity?
Ares Management Corporation (ARES) reported secondaries group — total equity of $6.24B in Q4 2025.
How has Ares Management Corporation's secondaries group — total equity changed year-over-year?
Ares Management Corporation's secondaries group — total equity decreased by 44.9% year-over-year, from $11.33B to $6.24B.
What does secondaries group — total equity mean?
The net value of the Secondaries Group after subtracting liabilities from assets.