{
 "ticker": "ARES",
 "name": "Ares Management Corp",
 "legal_name": "Ares Management Corp",
 "cik": "0001176948",
 "exchange": "NYSE",
 "sic": "6282",
 "industry": "Investment Advice",
 "state": "DE",
 "fiscal_year_end": "1231",
 "is_financial": false,
 "is_utility": false,
 "snapshot_date": "2026-10-26",
 "price": {
  "value": 122.08,
  "as_of": "2026-10-23",
  "source": "Alpaca Market Data (consolidated SIP daily bar)",
  "url": "https://docs.alpaca.markets/docs/historical-stock-data-1"
 },
 "market_cap": {
  "value": null,
  "as_of": "2026-10-23",
  "unit": "USD",
  "meaning": "price on the price date x latest reported point-in-time shares (see inputs.share_count_as_of)",
  "warning": null,
  "unavailable_reason": "SEC cover page (10-Q 0001628280-26-054538, as of 2026-08-03): multiple classes on cover (Class A Common Stock: 223,957,742; Non-voting Common Stock: 3,489,911; Class B Common Stock: 1,000; Class C Common Stock: 102,828,576; Series B Mandatory Convertible Preferred Stock: 30,000,000); economic equivalence not verified, total withheld",
  "inputs": {
   "traded_price": {
    "value": 122.08,
    "as_of": "2026-10-23",
    "unit": "USD per traded unit (share or ADS)",
    "source": "Alpaca Market Data (consolidated SIP daily bar)",
    "url": "https://docs.alpaca.markets/docs/historical-stock-data-1"
   },
   "sec_shares_outstanding": null,
   "depositary_ratio": {
    "value": 1.0,
    "unit": "underlying shares per traded unit",
    "status": "domestic",
    "source": "10-K filer; SEC shares are the traded units",
    "evidence_url": null,
    "evidence_form": null,
    "evidence_filed": null,
    "body_snippet": null
   },
   "formula": "market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used",
   "split_adjustment": null,
   "share_count_as_of": null,
   "share_count_age_days_at_price_date": null,
   "warning": null
  }
 },
 "share_basis": {
  "ratio": 1.0,
  "status": "domestic",
  "source": "10-K filer; SEC shares are the traded units",
  "evidence": null,
  "meaning": "SEC share counts and per-share figures are per underlying share; ratio = underlying shares per traded unit (1 for domestic common stock; N for an ADS representing N shares)."
 },
 "scores": {
  "graham": {
   "score": 29.0,
   "status": "partial: 2, 5, 6, 7",
   "complete": false,
   "missing_tests": [
    "2",
    "5",
    "6",
    "7"
   ],
   "passes_all": false,
   "data_as_of": "2025-12-31",
   "data_as_of_meaning": "oldest current-period input the score depends on",
   "stale_inputs": [
    "Revenue"
   ],
   "history_from": "2014",
   "history_through": "2025",
   "price_as_of": "2026-10-23",
   "price_stale": false,
   "verification": {
    "verified": 8,
    "mismatch": 0,
    "unverified": 12,
    "not_cross_checked": 1
   },
   "coverage": null,
   "computed_on": "2026-10-26",
   "rules_url": "https://theclaudetrader.com/p/graham",
   "components": [
    {
     "test": "1",
     "name": "Adequate size",
     "value": 4.76,
     "unit": "revenue $B",
     "threshold": ">= 1",
     "points": 5.0,
     "max": 5
    },
    {
     "test": "2",
     "name": "Debt <= equity (unclassified balance sheet fallback)",
     "value": null,
     "threshold": "<= 1.0",
     "points": null,
     "max": 30,
     "note": "no long-term debt or total liabilities reported in the last 18 months; no AssetsCurrent/LiabilitiesCurrent in any filing"
    },
    {
     "test": "3",
     "name": "Positive earnings each of 10 years",
     "value": "10 of 10",
     "threshold": "10 of 10",
     "points": 15.0,
     "max": 15
    },
    {
     "test": "4",
     "name": "Dividends every year for 20 years",
     "value": "12 of 20",
     "threshold": "20 of 20",
     "points": 9.0,
     "max": 15,
     "missing_years": [
      2006,
      2007,
      2008,
      2009,
      2010,
      2011,
      2012,
      2013
     ],
     "cross_check": {
      "verified_years": [
       2014,
       2015,
       2016,
       2017,
       2018,
       2019,
       2021
      ],
      "mismatch_years": [],
      "unverified_years": [
       2006,
       2007,
       2008,
       2009,
       2010,
       2011,
       2012,
       2013,
       2020,
       2022,
       2023,
       2024,
       2025
      ]
     },
     "note": null
    },
    {
     "test": "5",
     "name": "EPS growth, 3-yr avg now vs 10 yrs ago",
     "value": null,
     "threshold": ">= +33%",
     "points": null,
     "max": 10,
     "missing_years": [
      2023,
      2024,
      2025,
      2014,
      2015,
      2016
     ]
    },
    {
     "test": "6",
     "name": "P/E on 3-year average EPS",
     "value": null,
     "threshold": "<= 15",
     "points": null,
     "max": 15,
     "note": "needs the last three fiscal years of EPS"
    },
    {
     "test": "7",
     "name": "P/B <= 1.5, or P/E x P/B <= 22.5",
     "value": null,
     "threshold": "<= 1.5 or <= 22.5",
     "points": null,
     "max": 10,
     "note": "equity or share count not fresh"
    }
   ],
   "inputs": [
    {
     "name": "Price (close, per traded unit)",
     "value": 122.08,
     "kind": "price",
     "source": "Alpaca Market Data (consolidated SIP daily bar)",
     "url": "https://docs.alpaca.markets/docs/historical-stock-data-1",
     "period": "2026-10-23",
     "age_days": 3,
     "stale": false
    },
    {
     "name": "Revenue",
     "value": 4755618000.0,
     "kind": "current",
     "source": "SEC XBRL Revenues",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2025-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 24288679,
     "verified": "unverified",
     "age_days": 299,
     "stale": true
    },
    {
     "name": "equity",
     "value": 3968073000.0,
     "kind": "current",
     "source": "SEC XBRL StockholdersEquity (companyfacts)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026054538/",
     "period": "2026-06-30",
     "accession": "0001628280-26-054538",
     "fact_id": 18403439,
     "verified": "unverified",
     "age_days": 118,
     "stale": false
    },
    {
     "name": "Net income FY2016",
     "value": 111808000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828019001988/",
     "period": "2016-12-31",
     "accession": "0001628280-19-001988",
     "fact_id": 20688894,
     "verified": "unverified",
     "age_days": 3586
    },
    {
     "name": "Net income FY2017",
     "value": 76178000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/",
     "period": "2017-12-31",
     "accession": "0001628280-20-002489",
     "fact_id": 20695497,
     "verified": "unverified",
     "age_days": 3221
    },
    {
     "name": "Net income FY2018",
     "value": 57020000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828021003314/",
     "period": "2018-12-31",
     "accession": "0001628280-21-003314",
     "fact_id": 20701905,
     "verified": "unverified",
     "age_days": 2856
    },
    {
     "name": "Net income FY2019",
     "value": 148884000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/",
     "period": "2019-12-31",
     "accession": "0001628280-22-004289",
     "fact_id": 20708208,
     "verified": "unverified",
     "age_days": 2491
    },
    {
     "name": "Net income FY2020",
     "value": 152142000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/",
     "period": "2020-12-31",
     "accession": "0001628280-23-005081",
     "fact_id": 20714629,
     "verified": "unverified",
     "age_days": 2125
    },
    {
     "name": "Net income FY2021",
     "value": 408837000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/",
     "period": "2021-12-31",
     "accession": "0001628280-24-007014",
     "fact_id": 20721254,
     "verified": "unverified",
     "age_days": 1760
    },
    {
     "name": "Net income FY2022",
     "value": 167541000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/",
     "period": "2022-12-31",
     "accession": "0001628280-25-008665",
     "fact_id": 20728341,
     "verified": "unverified",
     "age_days": 1395
    },
    {
     "name": "Net income FY2023",
     "value": 474326000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2023-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 20735266,
     "verified": "unverified",
     "age_days": 1030
    },
    {
     "name": "Net income FY2024",
     "value": 463742000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2024-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 20741768,
     "verified": "unverified",
     "age_days": 664
    },
    {
     "name": "Net income FY2025",
     "value": 527362000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2025-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 24294341,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "Dividend years (Yahoo)",
     "value": [
      2014,
      2015,
      2016,
      2017,
      2018,
      2019,
      2020,
      2021,
      2022,
      2023,
      2024,
      2025,
      2026
     ],
     "kind": "history",
     "source": "Yahoo Finance dividend history",
     "url": "https://finance.yahoo.com/quote/ARES/history?filter=div",
     "period": null,
     "verified": "verified (partly: XBRL covers 7 of 20 years)",
     "note": "XBRL dividends-per-share facts cover 7 of the 20 years"
    },
    {
     "name": "Dividends per share FY2014 (XBRL)",
     "value": 0.42,
     "kind": "history",
     "source": "SEC XBRL CommonStockDividendsPerShareDeclared",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828017001756/",
     "period": "2014-12-31",
     "accession": "0001628280-17-001756",
     "fact_id": 20888603,
     "verified": "verified",
     "age_days": 4317
    },
    {
     "name": "Dividends per share FY2015 (XBRL)",
     "value": 0.88,
     "kind": "history",
     "source": "SEC XBRL CommonStockDividendsPerShareDeclared",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828018002576/",
     "period": "2015-12-31",
     "accession": "0001628280-18-002576",
     "fact_id": 20890421,
     "verified": "verified",
     "age_days": 3952
    },
    {
     "name": "Dividends per share FY2016 (XBRL)",
     "value": 0.83,
     "kind": "history",
     "source": "SEC XBRL CommonStockDividendsPerShareDeclared",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828018002576/",
     "period": "2016-12-31",
     "accession": "0001628280-18-002576",
     "fact_id": 20892232,
     "verified": "verified",
     "age_days": 3586
    },
    {
     "name": "Dividends per share FY2017 (XBRL)",
     "value": 1.13,
     "kind": "history",
     "source": "SEC XBRL CommonStockDividendsPerShareDeclared",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/",
     "period": "2017-12-31",
     "accession": "0001628280-20-002489",
     "fact_id": 20894005,
     "verified": "verified",
     "age_days": 3221
    },
    {
     "name": "Dividends per share FY2018 (XBRL)",
     "value": 1.33,
     "kind": "history",
     "source": "SEC XBRL CommonStockDividendsPerShareDeclared",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/",
     "period": "2018-12-31",
     "accession": "0001628280-20-002489",
     "fact_id": 20895731,
     "verified": "verified",
     "age_days": 2856
    },
    {
     "name": "Dividends per share FY2019 (XBRL)",
     "value": 1.28,
     "kind": "history",
     "source": "SEC XBRL CommonStockDividendsPerShareDeclared",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/",
     "period": "2019-12-31",
     "accession": "0001628280-20-002489",
     "fact_id": 20897398,
     "verified": "verified",
     "age_days": 2491
    },
    {
     "name": "Dividends per share FY2021 (XBRL)",
     "value": 1.88,
     "kind": "history",
     "source": "SEC XBRL CommonStockDividendsPerShareDeclared",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/",
     "period": "2021-12-31",
     "accession": "0001628280-22-004289",
     "fact_id": 20900587,
     "verified": "verified",
     "age_days": 1760
    }
   ]
  },
  "magic_formula": {
   "score": null,
   "status": "insufficient data (no operating income in XBRL)",
   "complete": null,
   "missing_tests": [],
   "passes_all": null,
   "data_as_of": null,
   "data_as_of_meaning": "oldest current-period input the score depends on",
   "stale_inputs": [],
   "history_from": null,
   "history_through": null,
   "price_as_of": null,
   "price_stale": null,
   "verification": null,
   "coverage": null,
   "computed_on": "2026-10-26",
   "rules_url": "https://theclaudetrader.com/p/magic_formula",
   "components": [],
   "inputs": []
  },
  "momentum": {
   "score": 36.9,
   "status": "ok",
   "complete": true,
   "missing_tests": [],
   "passes_all": null,
   "data_as_of": "2026-10-23",
   "data_as_of_meaning": "oldest current-period input the score depends on",
   "stale_inputs": [],
   "history_from": null,
   "history_through": null,
   "price_as_of": "2026-10-23",
   "price_stale": null,
   "verification": null,
   "coverage": null,
   "computed_on": "2026-10-26",
   "rules_url": "https://theclaudetrader.com/p/momentum",
   "components": [
    {
     "name": "12-1 month return",
     "value": -14.8,
     "unit": "%",
     "percentile": 19.8,
     "points": 9.9,
     "max": 50
    },
    {
     "name": "6 month return",
     "value": 8.6,
     "unit": "%",
     "percentile": 61.3,
     "points": 12.3,
     "max": 20
    },
    {
     "name": "Price / 52-week high",
     "value": 0.713,
     "points": 10.7,
     "max": 15
    },
    {
     "name": "Volatility penalty (60d annualised)",
     "value": 36.1,
     "unit": "%",
     "points": 4.1,
     "max": 15
    }
   ],
   "inputs": [
    {
     "name": "Adjusted close series (14 months)",
     "value": 122.08,
     "kind": "price",
     "source": "Yahoo Finance / Alpaca Market Data daily history",
     "url": null,
     "period": "2026-10-23",
     "age_days": 3,
     "stale": false
    }
   ]
  },
  "insider": {
   "score": 0.0,
   "status": "no open-market transactions in window",
   "complete": true,
   "missing_tests": [],
   "passes_all": null,
   "data_as_of": "2026-10-23",
   "data_as_of_meaning": "oldest current-period input the score depends on",
   "stale_inputs": [],
   "history_from": null,
   "history_through": null,
   "price_as_of": null,
   "price_stale": null,
   "verification": null,
   "coverage": {
    "window_start": "2026-07-28",
    "through": "2026-10-23",
    "missing_days": 3,
    "note": "Form 4 data loaded through 2026-10-23"
   },
   "computed_on": "2026-10-26",
   "rules_url": "https://theclaudetrader.com/p/insider",
   "components": [
    {
     "name": "Open-market buy value / market cap (percentile among buyers)",
     "value": null,
     "unit": "bp",
     "points": 0.0,
     "max": 35
    },
    {
     "name": "Distinct buyers",
     "value": 0,
     "points": 0.0,
     "max": 25
    },
    {
     "name": "Buyer seniority",
     "value": 0.0,
     "points": 0.0,
     "max": 20
    },
    {
     "name": "Recency (half-life 30d)",
     "value": 0.0,
     "points": 0.0,
     "max": 10
    },
    {
     "name": "Sales penalty (excludes 10b5-1 plan sales)",
     "value": null,
     "unit": "bp",
     "points": -0.0,
     "max": 0
    }
   ],
   "inputs": []
  },
  "buffett": {
   "score": 50.0,
   "status": "partial: 4, 5, 6, 7",
   "complete": false,
   "missing_tests": [
    "4",
    "5",
    "6",
    "7"
   ],
   "passes_all": false,
   "data_as_of": null,
   "data_as_of_meaning": "oldest current-period input the score depends on",
   "stale_inputs": [],
   "history_from": "2016",
   "history_through": "2025",
   "price_as_of": "2026-10-23",
   "price_stale": false,
   "verification": {
    "verified": 0,
    "mismatch": 0,
    "unverified": 26,
    "not_cross_checked": 1
   },
   "coverage": null,
   "computed_on": "2026-10-26",
   "rules_url": "https://theclaudetrader.com/p/buffett",
   "components": [
    {
     "test": "1",
     "name": "Average return on equity (net income / year-end equity)",
     "value": "15.7% over 8 yrs",
     "threshold": ">= 15%",
     "points": 25.0,
     "max": 25
    },
    {
     "test": "2",
     "name": "Profitable every year",
     "value": "10 of 10",
     "threshold": "all years",
     "points": 15.0,
     "max": 15
    },
    {
     "test": "3",
     "name": "Net income growth, 3-yr average now vs start of window",
     "value": "+29.1% a year",
     "threshold": ">= +10%",
     "points": 10.0,
     "max": 10
    },
    {
     "test": "4",
     "name": "Borrowings / 3-yr average earnings (years to repay)",
     "value": null,
     "threshold": "<= 4",
     "points": null,
     "max": 15,
     "note": "debt unknown: no debt concept reported in the last 18 months"
    },
    {
     "test": "5",
     "name": "Operating margin, 5-yr average",
     "value": "0 years with operating income and revenue",
     "threshold": ">= 20%",
     "points": null,
     "max": 10,
     "note": "needs at least 4 of the last 5 years"
    },
    {
     "test": "6",
     "name": "Free cash flow / net income, 5-yr (operating cash flow minus capex)",
     "value": "0 years",
     "threshold": ">= 1.0",
     "points": null,
     "max": 10,
     "note": "needs operating cash flow and capex for at least 4 of the last 5 years"
    },
    {
     "test": "7",
     "name": "Owner-earnings yield (3-yr avg free cash flow / market cap)",
     "value": null,
     "threshold": ">= 7%",
     "points": null,
     "max": 15,
     "note": "SEC cover page (10-Q 0001628280-26-054538, as of 2026-08-03): multiple classes on cover (Class A Common Stock: 223,957,742; Non-voting Common Stock: 3,489,911; Class B Common Stock: 1,000; Class C Common Stock: 102,828,576; Series B Mandatory Convertible Preferred Stock: 30,000,000); economic equivalence not verified, total withheld"
    }
   ],
   "inputs": [
    {
     "name": "Price (close, per traded unit)",
     "value": 122.08,
     "kind": "price",
     "source": "Alpaca Market Data (consolidated SIP daily bar)",
     "url": "https://docs.alpaca.markets/docs/historical-stock-data-1",
     "period": "2026-10-23",
     "note": "SEC cover page (10-Q 0001628280-26-054538, as of 2026-08-03): multiple classes on cover (Class A Common Stock: 223,957,742; Non-voting Common Stock: 3,489,911; Class B Common Stock: 1,000; Class C Common Stock: 102,828,576; Series B Mandatory Convertible Preferred Stock: 30,000,000); economic equivalence not verified, total withheld",
     "age_days": 3,
     "stale": false
    },
    {
     "name": "Net income FY2018",
     "value": 57020000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828021003314/",
     "period": "2018-12-31",
     "accession": "0001628280-21-003314",
     "fact_id": 20701905,
     "verified": "unverified",
     "age_days": 2856
    },
    {
     "name": "Equity at FY2018 end",
     "value": 587924000.0,
     "kind": "history",
     "source": "SEC XBRL StockholdersEquity",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/",
     "period": "2018-12-31",
     "accession": "0001628280-20-002489",
     "fact_id": 22763008,
     "verified": "unverified",
     "age_days": 2856
    },
    {
     "name": "Net income FY2019",
     "value": 148884000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/",
     "period": "2019-12-31",
     "accession": "0001628280-22-004289",
     "fact_id": 20708208,
     "verified": "unverified",
     "age_days": 2491
    },
    {
     "name": "Equity at FY2019 end",
     "value": 768290000.0,
     "kind": "history",
     "source": "SEC XBRL StockholdersEquity",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828021003314/",
     "period": "2019-12-31",
     "accession": "0001628280-21-003314",
     "fact_id": 22787966,
     "verified": "unverified",
     "age_days": 2491
    },
    {
     "name": "Net income FY2020",
     "value": 152142000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/",
     "period": "2020-12-31",
     "accession": "0001628280-23-005081",
     "fact_id": 20714629,
     "verified": "unverified",
     "age_days": 2125
    },
    {
     "name": "Equity at FY2020 end",
     "value": 1193685000.0,
     "kind": "history",
     "source": "SEC XBRL StockholdersEquity",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/",
     "period": "2020-12-31",
     "accession": "0001628280-22-004289",
     "fact_id": 22812639,
     "verified": "unverified",
     "age_days": 2125
    },
    {
     "name": "Net income FY2021",
     "value": 408837000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/",
     "period": "2021-12-31",
     "accession": "0001628280-24-007014",
     "fact_id": 20721254,
     "verified": "unverified",
     "age_days": 1760
    },
    {
     "name": "Equity at FY2021 end",
     "value": 1825227000.0,
     "kind": "history",
     "source": "SEC XBRL StockholdersEquity",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/",
     "period": "2021-12-31",
     "accession": "0001628280-23-005081",
     "fact_id": 22838568,
     "verified": "unverified",
     "age_days": 1760
    },
    {
     "name": "Net income FY2022",
     "value": 167541000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/",
     "period": "2022-12-31",
     "accession": "0001628280-25-008665",
     "fact_id": 20728341,
     "verified": "unverified",
     "age_days": 1395
    },
    {
     "name": "Equity at FY2022 end",
     "value": 1589239000.0,
     "kind": "history",
     "source": "SEC XBRL StockholdersEquity",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/",
     "period": "2022-12-31",
     "accession": "0001628280-24-007014",
     "fact_id": 22866686,
     "verified": "unverified",
     "age_days": 1395
    },
    {
     "name": "Net income FY2023",
     "value": 474326000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2023-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 20735266,
     "verified": "unverified",
     "age_days": 1030
    },
    {
     "name": "Equity at FY2023 end",
     "value": 1893399000.0,
     "kind": "history",
     "source": "SEC XBRL StockholdersEquity",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/",
     "period": "2023-12-31",
     "accession": "0001628280-25-008665",
     "fact_id": 22894288,
     "verified": "unverified",
     "age_days": 1030
    },
    {
     "name": "Net income FY2024",
     "value": 463742000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2024-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 20741768,
     "verified": "unverified",
     "age_days": 664
    },
    {
     "name": "Equity at FY2024 end",
     "value": 3543646000.0,
     "kind": "history",
     "source": "SEC XBRL StockholdersEquity",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2024-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 22919848,
     "verified": "unverified",
     "age_days": 664
    },
    {
     "name": "Net income FY2025",
     "value": 527362000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2025-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 24294341,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "Equity at FY2025 end",
     "value": 4275463000.0,
     "kind": "history",
     "source": "SEC XBRL StockholdersEquity",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026054538/",
     "period": "2025-12-31",
     "accession": "0001628280-26-054538",
     "fact_id": 24477543,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "Net income FY2016",
     "value": 111808000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828019001988/",
     "period": "2016-12-31",
     "accession": "0001628280-19-001988",
     "fact_id": 20688894,
     "verified": "unverified",
     "age_days": 3586
    },
    {
     "name": "Net income FY2017",
     "value": 76178000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/",
     "period": "2017-12-31",
     "accession": "0001628280-20-002489",
     "fact_id": 20695497,
     "verified": "unverified",
     "age_days": 3221
    },
    {
     "name": "Net income FY2018",
     "value": 57020000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828021003314/",
     "period": "2018-12-31",
     "accession": "0001628280-21-003314",
     "fact_id": 20701905,
     "verified": "unverified",
     "age_days": 2856
    },
    {
     "name": "Net income FY2019",
     "value": 148884000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/",
     "period": "2019-12-31",
     "accession": "0001628280-22-004289",
     "fact_id": 20708208,
     "verified": "unverified",
     "age_days": 2491
    },
    {
     "name": "Net income FY2020",
     "value": 152142000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/",
     "period": "2020-12-31",
     "accession": "0001628280-23-005081",
     "fact_id": 20714629,
     "verified": "unverified",
     "age_days": 2125
    },
    {
     "name": "Net income FY2021",
     "value": 408837000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/",
     "period": "2021-12-31",
     "accession": "0001628280-24-007014",
     "fact_id": 20721254,
     "verified": "unverified",
     "age_days": 1760
    },
    {
     "name": "Net income FY2022",
     "value": 167541000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/",
     "period": "2022-12-31",
     "accession": "0001628280-25-008665",
     "fact_id": 20728341,
     "verified": "unverified",
     "age_days": 1395
    },
    {
     "name": "Net income FY2023",
     "value": 474326000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2023-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 20735266,
     "verified": "unverified",
     "age_days": 1030
    },
    {
     "name": "Net income FY2024",
     "value": 463742000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2024-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 20741768,
     "verified": "unverified",
     "age_days": 664
    },
    {
     "name": "Net income FY2025",
     "value": 527362000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2025-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 24294341,
     "verified": "unverified",
     "age_days": 299
    }
   ]
  },
  "lynch": {
   "score": 0.0,
   "status": "partial: 1, 2, 3, 4, 5, 6",
   "complete": false,
   "missing_tests": [
    "1",
    "2",
    "3",
    "4",
    "5",
    "6"
   ],
   "passes_all": false,
   "data_as_of": null,
   "data_as_of_meaning": "oldest current-period input the score depends on",
   "stale_inputs": [],
   "history_from": null,
   "history_through": null,
   "price_as_of": "2026-10-23",
   "price_stale": false,
   "verification": {
    "verified": 0,
    "mismatch": 0,
    "unverified": 0,
    "not_cross_checked": 1
   },
   "coverage": null,
   "computed_on": "2026-10-26",
   "rules_url": "https://theclaudetrader.com/p/lynch",
   "components": [
    {
     "test": "1",
     "name": "PEG: P/E divided by 5-yr EPS growth (in % points)",
     "value": null,
     "threshold": "<= 1.0",
     "points": null,
     "max": 30,
     "note": "needs diluted EPS for the last fiscal year and five years earlier"
    },
    {
     "test": "2",
     "name": "EPS growth, 5-yr compound rate",
     "value": null,
     "threshold": "12% to 35% a year",
     "points": null,
     "max": 20,
     "note": "needs diluted EPS for the last fiscal year and five years earlier"
    },
    {
     "test": "3",
     "name": "P/E on latest annual EPS",
     "value": null,
     "threshold": "<= 25",
     "points": null,
     "max": 10,
     "note": "no usable diluted EPS for the latest fiscal year"
    },
    {
     "test": "4",
     "name": "Borrowings / equity",
     "value": null,
     "threshold": "<= 0.5",
     "points": null,
     "max": 15,
     "note": "debt unknown: no debt concept reported in the last 18 months"
    },
    {
     "test": "5",
     "name": "Years of the last 5 in which EPS rose",
     "value": null,
     "threshold": "5 of 5",
     "points": null,
     "max": 15,
     "note": "needs six consecutive fiscal years of diluted EPS"
    },
    {
     "test": "6",
     "name": "Net cash (cash minus borrowings) / market cap",
     "value": null,
     "threshold": ">= +10%",
     "points": null,
     "max": 10,
     "note": "SEC cover page (10-Q 0001628280-26-054538, as of 2026-08-03): multiple classes on cover (Class A Common Stock: 223,957,742; Non-voting Common Stock: 3,489,911; Class B Common Stock: 1,000; Class C Common Stock: 102,828,576; Series B Mandatory Convertible Preferred Stock: 30,000,000); economic equivalence not verified, total withheld"
    }
   ],
   "inputs": [
    {
     "name": "Price (close, per traded unit)",
     "value": 122.08,
     "kind": "price",
     "source": "Alpaca Market Data (consolidated SIP daily bar)",
     "url": "https://docs.alpaca.markets/docs/historical-stock-data-1",
     "period": "2026-10-23",
     "note": "SEC cover page (10-Q 0001628280-26-054538, as of 2026-08-03): multiple classes on cover (Class A Common Stock: 223,957,742; Non-voting Common Stock: 3,489,911; Class B Common Stock: 1,000; Class C Common Stock: 102,828,576; Series B Mandatory Convertible Preferred Stock: 30,000,000); economic equivalence not verified, total withheld",
     "age_days": 3,
     "stale": false
    }
   ]
  },
  "graham_enterprising": {
   "score": 25.0,
   "status": "partial: 1, 2, 5, 6, 7",
   "complete": false,
   "missing_tests": [
    "1",
    "2",
    "5",
    "6",
    "7"
   ],
   "passes_all": false,
   "data_as_of": null,
   "data_as_of_meaning": "oldest current-period input the score depends on",
   "stale_inputs": [],
   "history_from": "2021",
   "history_through": "2025",
   "price_as_of": "2026-10-23",
   "price_stale": false,
   "verification": {
    "verified": 0,
    "mismatch": 0,
    "unverified": 5,
    "not_cross_checked": 2
   },
   "coverage": null,
   "computed_on": "2026-10-26",
   "rules_url": "https://theclaudetrader.com/p/graham_enterprising",
   "components": [
    {
     "test": "1",
     "name": "Current ratio",
     "value": null,
     "threshold": ">= 1.5",
     "points": null,
     "max": 15,
     "note": "no fresh current assets/liabilities (unclassified balance sheet)"
    },
    {
     "test": "2",
     "name": "Borrowings vs working capital",
     "value": null,
     "threshold": "<= 1.1x",
     "points": null,
     "max": 15,
     "note": "debt unknown: no debt concept reported in the last 18 months"
    },
    {
     "test": "3",
     "name": "No earnings deficit in the last 5 years",
     "value": "5 of 5 profitable",
     "threshold": "5 of 5",
     "points": 15.0,
     "max": 15
    },
    {
     "test": "4",
     "name": "Pays a current dividend",
     "value": "yes",
     "threshold": "yes",
     "points": 10.0,
     "max": 10
    },
    {
     "test": "5",
     "name": "EPS higher than five years earlier",
     "value": null,
     "threshold": "higher",
     "points": null,
     "max": 10,
     "note": "needs diluted EPS for the last fiscal year and five years earlier"
    },
    {
     "test": "6",
     "name": "Price / book value per share",
     "value": null,
     "threshold": "<= 1.2",
     "points": null,
     "max": 20,
     "note": "equity or share count not fresh"
    },
    {
     "test": "7",
     "name": "Price / net current asset value per share (current assets minus all liabilities)",
     "value": null,
     "threshold": "<= 0.67",
     "points": null,
     "max": 15,
     "note": "needs fresh current assets, total liabilities (or assets and equity of the same date) and share count"
    }
   ],
   "inputs": [
    {
     "name": "Price (close, per traded unit)",
     "value": 122.08,
     "kind": "price",
     "source": "Alpaca Market Data (consolidated SIP daily bar)",
     "url": "https://docs.alpaca.markets/docs/historical-stock-data-1",
     "period": "2026-10-23",
     "note": "SEC cover page (10-Q 0001628280-26-054538, as of 2026-08-03): multiple classes on cover (Class A Common Stock: 223,957,742; Non-voting Common Stock: 3,489,911; Class B Common Stock: 1,000; Class C Common Stock: 102,828,576; Series B Mandatory Convertible Preferred Stock: 30,000,000); economic equivalence not verified, total withheld",
     "age_days": 3,
     "stale": false
    },
    {
     "name": "Net income FY2021",
     "value": 408837000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/",
     "period": "2021-12-31",
     "accession": "0001628280-24-007014",
     "fact_id": 20721254,
     "verified": "unverified",
     "age_days": 1760
    },
    {
     "name": "Net income FY2022",
     "value": 167541000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/",
     "period": "2022-12-31",
     "accession": "0001628280-25-008665",
     "fact_id": 20728341,
     "verified": "unverified",
     "age_days": 1395
    },
    {
     "name": "Net income FY2023",
     "value": 474326000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2023-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 20735266,
     "verified": "unverified",
     "age_days": 1030
    },
    {
     "name": "Net income FY2024",
     "value": 463742000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2024-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 20741768,
     "verified": "unverified",
     "age_days": 664
    },
    {
     "name": "Net income FY2025",
     "value": 527362000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2025-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 24294341,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "Dividend years (Yahoo)",
     "value": [
      2019,
      2020,
      2021,
      2022,
      2023,
      2024,
      2025,
      2026
     ],
     "kind": "history",
     "source": "Yahoo Finance dividend history",
     "url": "https://finance.yahoo.com/quote/ARES/history?filter=div",
     "period": null
    }
   ]
  },
  "piotroski": {
   "score": 44.4,
   "status": "partial: 5, 6, 8",
   "complete": false,
   "missing_tests": [
    "5",
    "6",
    "8"
   ],
   "passes_all": false,
   "data_as_of": null,
   "data_as_of_meaning": "oldest current-period input the score depends on",
   "stale_inputs": [],
   "history_from": "2023",
   "history_through": "2025",
   "price_as_of": null,
   "price_stale": false,
   "verification": {
    "verified": 0,
    "mismatch": 0,
    "unverified": 15,
    "not_cross_checked": 0
   },
   "coverage": null,
   "computed_on": "2026-10-26",
   "rules_url": "https://theclaudetrader.com/p/piotroski",
   "components": [
    {
     "test": "1",
     "name": "Return on assets is positive",
     "value": "1.8%",
     "threshold": "pass = 1",
     "points": 11.11111111111111,
     "max": 11.11111111111111
    },
    {
     "test": "2",
     "name": "Operating cash flow is positive",
     "value": "3,267M",
     "threshold": "pass = 1",
     "points": 11.11111111111111,
     "max": 11.11111111111111
    },
    {
     "test": "3",
     "name": "Return on assets improved on the prior year",
     "value": "1.9% -> 1.8%",
     "threshold": "pass = 1",
     "points": 0.0,
     "max": 11.11111111111111
    },
    {
     "test": "4",
     "name": "Operating cash flow exceeds net income (accruals)",
     "value": "3,267M vs 527M",
     "threshold": "pass = 1",
     "points": 11.11111111111111,
     "max": 11.11111111111111
    },
    {
     "test": "5",
     "name": "Long-term debt / assets fell",
     "value": null,
     "threshold": "pass = 1",
     "points": null,
     "max": 11.11111111111111,
     "note": "an input is not reported for one of the two years"
    },
    {
     "test": "6",
     "name": "Current ratio improved",
     "value": null,
     "threshold": "pass = 1",
     "points": null,
     "max": 11.11111111111111,
     "note": "an input is not reported for one of the two years"
    },
    {
     "test": "7",
     "name": "No new shares issued (share count did not rise)",
     "value": "308M -> 313M",
     "threshold": "pass = 1",
     "points": 0.0,
     "max": 11.11111111111111
    },
    {
     "test": "8",
     "name": "Operating margin improved (stand-in for gross margin, which the dataset does not carry)",
     "value": null,
     "threshold": "pass = 1",
     "points": null,
     "max": 11.11111111111111,
     "note": "an input is not reported for one of the two years"
    },
    {
     "test": "9",
     "name": "Asset turnover (revenue / assets) improved",
     "value": "0.15 -> 0.17",
     "threshold": "pass = 1",
     "points": 11.11111111111111,
     "max": 11.11111111111111
    }
   ],
   "inputs": [
    {
     "name": "net_income 2025-12-31",
     "value": 527362000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2025-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 24294341,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "total_assets 2025-12-31",
     "value": 28633369000.0,
     "kind": "history",
     "source": "SEC XBRL Assets",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026054538/",
     "period": "2025-12-31",
     "accession": "0001628280-26-054538",
     "fact_id": 24377210,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "cfo 2025-12-31",
     "value": 3266959000.0,
     "kind": "history",
     "source": "SEC XBRL NetCashProvidedByUsedInOperatingActivities",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2025-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 24312417,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "net_income 2025-12-31",
     "value": 527362000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2025-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 24294341,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "net_income 2024-12-31",
     "value": 463742000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2024-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 20741768,
     "verified": "unverified",
     "age_days": 664
    },
    {
     "name": "total_assets 2025-12-31",
     "value": 28633369000.0,
     "kind": "history",
     "source": "SEC XBRL Assets",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026054538/",
     "period": "2025-12-31",
     "accession": "0001628280-26-054538",
     "fact_id": 24377210,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "total_assets 2024-12-31",
     "value": 24884308000.0,
     "kind": "history",
     "source": "SEC XBRL Assets",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2024-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 21929911,
     "verified": "unverified",
     "age_days": 664
    },
    {
     "name": "cfo 2025-12-31",
     "value": 3266959000.0,
     "kind": "history",
     "source": "SEC XBRL NetCashProvidedByUsedInOperatingActivities",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2025-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 24312417,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "net_income 2025-12-31",
     "value": 527362000.0,
     "kind": "history",
     "source": "SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286)",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2025-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 24294341,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "shares_out 2024-12-31",
     "value": 313170171.0,
     "kind": "history",
     "source": "SEC XBRL CommonStockSharesOutstanding",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/",
     "period": "2024-12-31",
     "accession": "0001628280-25-008665",
     "fact_id": 23844858,
     "verified": "unverified",
     "age_days": 664
    },
    {
     "name": "shares_out 2023-12-31",
     "value": 307585576.0,
     "kind": "history",
     "source": "SEC XBRL CommonStockSharesOutstanding",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/",
     "period": "2023-12-31",
     "accession": "0001628280-25-008665",
     "fact_id": 23822366,
     "verified": "unverified",
     "age_days": 1030
    },
    {
     "name": "revenue 2025-12-31",
     "value": 4755618000.0,
     "kind": "history",
     "source": "SEC XBRL Revenues",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2025-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 24288679,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "revenue 2024-12-31",
     "value": 3690668000.0,
     "kind": "history",
     "source": "SEC XBRL Revenues",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2024-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 20655106,
     "verified": "unverified",
     "age_days": 664
    },
    {
     "name": "total_assets 2025-12-31",
     "value": 28633369000.0,
     "kind": "history",
     "source": "SEC XBRL Assets",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026054538/",
     "period": "2025-12-31",
     "accession": "0001628280-26-054538",
     "fact_id": 24377210,
     "verified": "unverified",
     "age_days": 299
    },
    {
     "name": "total_assets 2024-12-31",
     "value": 24884308000.0,
     "kind": "history",
     "source": "SEC XBRL Assets",
     "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
     "period": "2024-12-31",
     "accession": "0001628280-26-011413",
     "fact_id": 21929911,
     "verified": "unverified",
     "age_days": 664
    }
   ]
  }
 },
 "net_income_by_fy": [
  {
   "fy": 2013,
   "period_end": "2013-12-31",
   "sec_frame": "CY2013",
   "value": 813378000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000155837016003647/",
   "accession": "0001558370-16-003647"
  },
  {
   "fy": 2014,
   "period_end": "2014-12-31",
   "sec_frame": "CY2014",
   "value": 34988000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828017001756/",
   "accession": "0001628280-17-001756"
  },
  {
   "fy": 2015,
   "period_end": "2015-12-31",
   "sec_frame": "CY2015",
   "value": 19378000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828018002576/",
   "accession": "0001628280-18-002576"
  },
  {
   "fy": 2016,
   "period_end": "2016-12-31",
   "sec_frame": "CY2016",
   "value": 111808000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828019001988/",
   "accession": "0001628280-19-001988"
  },
  {
   "fy": 2017,
   "period_end": "2017-12-31",
   "sec_frame": "CY2017",
   "value": 76178000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/",
   "accession": "0001628280-20-002489"
  },
  {
   "fy": 2018,
   "period_end": "2018-12-31",
   "sec_frame": "CY2018",
   "value": 57020000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828021003314/",
   "accession": "0001628280-21-003314"
  },
  {
   "fy": 2019,
   "period_end": "2019-12-31",
   "sec_frame": "CY2019",
   "value": 148884000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/",
   "accession": "0001628280-22-004289"
  },
  {
   "fy": 2020,
   "period_end": "2020-12-31",
   "sec_frame": "CY2020",
   "value": 152142000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/",
   "accession": "0001628280-23-005081"
  },
  {
   "fy": 2021,
   "period_end": "2021-12-31",
   "sec_frame": "CY2021",
   "value": 408837000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/",
   "accession": "0001628280-24-007014"
  },
  {
   "fy": 2022,
   "period_end": "2022-12-31",
   "sec_frame": "CY2022",
   "value": 167541000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/",
   "accession": "0001628280-25-008665"
  },
  {
   "fy": 2023,
   "period_end": "2023-12-31",
   "sec_frame": "CY2023",
   "value": 474326000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
   "accession": "0001628280-26-011413"
  },
  {
   "fy": 2024,
   "period_end": "2024-12-31",
   "sec_frame": "CY2024",
   "value": 463742000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
   "accession": "0001628280-26-011413"
  },
  {
   "fy": 2025,
   "period_end": "2025-12-31",
   "sec_frame": "CY2025",
   "value": 527362000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
   "accession": "0001628280-26-011413"
  }
 ],
 "eps_diluted_by_fy": [],
 "revenue_by_fy": [
  {
   "fy": 2013,
   "period_end": "2013-12-31",
   "sec_frame": "CY2013",
   "value": 478655000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000155837016003647/",
   "accession": "0001558370-16-003647"
  },
  {
   "fy": 2014,
   "period_end": "2014-12-31",
   "sec_frame": "CY2014",
   "value": 603889000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828017001756/",
   "accession": "0001628280-17-001756"
  },
  {
   "fy": 2015,
   "period_end": "2015-12-31",
   "sec_frame": "CY2015",
   "value": 814442000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828018002576/",
   "accession": "0001628280-18-002576"
  },
  {
   "fy": 2016,
   "period_end": "2016-12-31",
   "sec_frame": "CY2016",
   "value": 964800000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828019001988/",
   "accession": "0001628280-19-001988"
  },
  {
   "fy": 2017,
   "period_end": "2017-12-31",
   "sec_frame": "CY2017",
   "value": 1085043000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/",
   "accession": "0001628280-20-002489"
  },
  {
   "fy": 2018,
   "period_end": "2018-12-31",
   "sec_frame": "CY2018",
   "value": 1218239000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828021003314/",
   "accession": "0001628280-21-003314"
  },
  {
   "fy": 2019,
   "period_end": "2019-12-31",
   "sec_frame": "CY2019",
   "value": 1433126000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/",
   "accession": "0001628280-22-004289"
  },
  {
   "fy": 2020,
   "period_end": "2020-12-31",
   "sec_frame": "CY2020",
   "value": 1753729000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/",
   "accession": "0001628280-23-005081"
  },
  {
   "fy": 2021,
   "period_end": "2021-12-31",
   "sec_frame": "CY2021",
   "value": 2288876000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/",
   "accession": "0001628280-24-007014"
  },
  {
   "fy": 2022,
   "period_end": "2022-12-31",
   "sec_frame": "CY2022",
   "value": 2880007000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/",
   "accession": "0001628280-25-008665"
  },
  {
   "fy": 2023,
   "period_end": "2023-12-31",
   "sec_frame": "CY2023",
   "value": 3236285000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
   "accession": "0001628280-26-011413"
  },
  {
   "fy": 2024,
   "period_end": "2024-12-31",
   "sec_frame": "CY2024",
   "value": 3690668000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
   "accession": "0001628280-26-011413"
  },
  {
   "fy": 2025,
   "period_end": "2025-12-31",
   "sec_frame": "CY2025",
   "value": 4755618000.0,
   "url": "https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/",
   "accession": "0001628280-26-011413"
  }
 ],
 "dividend_years": [
  2014,
  2015,
  2016,
  2017,
  2018,
  2019,
  2020,
  2021,
  2022,
  2023,
  2024,
  2025,
  2026
 ],
 "insider_transactions_recent": [],
 "links": {
  "sec_filings": "https://www.sec.gov/edgar/browse/?CIK=0001176948",
  "sec_xbrl_companyfacts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001176948.json",
  "sec_form4": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001176948&type=4",
  "sec_8k": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001176948&type=8-K",
  "yahoo": "https://finance.yahoo.com/quote/ARES",
  "stooq": "https://stooq.com/q/d/?s=ares.us",
  "external_views_link_only": {
   "morningstar": "https://www.morningstar.com/search?query=ARES",
   "finviz": "https://finviz.com/quote.ashx?t=ARES",
   "stockanalysis": "https://stockanalysis.com/stocks/ares/",
   "seeking_alpha": "https://seekingalpha.com/symbol/ARES",
   "openinsider": "http://openinsider.com/search?q=ARES",
   "google_news": "https://news.google.com/rss/search?q=ARES+stock"
  }
 },
 "machine_readable": {
  "json": "https://theclaudetrader.com/s/ARES.json",
  "markdown": "https://theclaudetrader.com/s/ARES.md",
  "research_packet": "https://theclaudetrader.com/r/ARES.json",
  "index": "https://theclaudetrader.com/llms.txt"
 },
 "dossier": null,
 "cite_as": "The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/ARES; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.",
 "disclaimer": "Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.",
 "fair_value_model": {
  "fair_value": null,
  "fv_low": null,
  "fv_high": null,
  "fv_gap_pct": null,
  "fv_verdict": null,
  "fv_methods": 0,
  "fv_as_of": "2026-10-23",
  "fv_calculated_on": "2026-10-26",
  "fv_inputs_through": null,
  "fv_skipped": "no point-in-time SEC share count on the price basis",
  "unit": "per traded unit (share or ADS), same currency as the price",
  "methods": {},
  "method_note": "Median of up to three methods from SEC filings: owner-earnings DCF (3-yr avg FCF, 10-yr two-stage, growth = min(5-yr revenue CAGR, 10%) fading to 2.5%, 9% discount), trailing EPS x SIC-peer median P/E (8-35), Graham number. Model estimate, not advice.",
  "discount_rate": 0.09,
  "terminal_growth": 0.025,
  "verdict_rule": "green: fair value more than 10% above price; red: more than 10% below; amber: within 10%",
  "page": "https://theclaudetrader.com/fair-value"
 }
}