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Discontinued — last reported Q1 '26

Invested capital at other companies

Oneok logo
OneokOKE
8.6%-0.2pp
Rithm Capital logo
Rithm CapitalRITM
3.2%0.0pp
Citigroup logo
CitigroupC
32.6%+2.0pp
Morgan Stanley logo
Morgan StanleyMS
16.9%+0.4pp
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
20.5%-0.7pp
American Express logo
American ExpressAXP
49.1%-10.0pp

Other financials

Income statement

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Revenue$1.4B+28.3%
Net income$142.6M+202%

Balance sheet

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Cash & equivalents$568.8M-8.0%
Total debt$730.1M+6.4%
Total equity$4.0B-9.6%
Total assets$28.4B+4.5%

Cash flow

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Operating cash flow$406.5M-79.6%

Valuation

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Market cap$28.89B-29.9%
Enterprise value$29.05B-29.8%
P/E46.4×-39.4×
P/S4.9×-3.6×

Profitability

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Net margin10.5%+0.3pp
FCF margin-161.4%

Returns & leverage

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Return on equity14.7%+0.6pp
Debt / equity0.2×0.0×

Where this comes from

Calculated from Ares Management Corporation’s reported figures.

The source filing: Ares Management Corporation’s 10-Q, filed May 8, 2026. Open the filing →

Filed
May 8, 2026, 5:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032990

FAQ

What is Ares Management Corporation's invested capital?
Ares Management Corporation (ARES) reported invested capital of $4.19B in Q1 2026.
How has Ares Management Corporation's invested capital changed year-over-year?
Ares Management Corporation's invested capital decreased by 7.4% year-over-year, from $4.52B to $4.19B.
What is the long-term trend for Ares Management Corporation's invested capital?
Over 5 years (2020 to 2025), Ares Management Corporation's invested capital has grown at a 39.8% compound annual growth rate (CAGR), from $835.38M to $4.46B.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).

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