# ARES · Ares Management Corp

Snapshot 2026-10-26 · CIK 0001176948 · NYSE · Investment Advice

Price 122.08 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap None B

Machine-readable: https://theclaudetrader.com/s/ARES.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 29.0 (partial: 2, 5, 6, 7) · complete: False · missing tests: 2, 5, 6, 7 · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2014–2025 · price 2026-10-23 · verification {'verified': 8, 'mismatch': 0, 'unverified': 12, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 4.76 revenue $B · threshold >= 1 · points 5.0/5
- 2 Debt <= equity (unclassified balance sheet fallback): None  · threshold <= 1.0 · points None/30
- 3 Positive earnings each of 10 years: 10 of 10  · threshold 10 of 10 · points 15.0/15
- 4 Dividends every year for 20 years: 12 of 20  · threshold 20 of 20 · points 9.0/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: None  · threshold >= +33% · points None/10
- 6 P/E on 3-year average EPS: None  · threshold <= 15 · points None/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: None  · threshold <= 1.5 or <= 22.5 · points None/10

Inputs:
  - Price (close, per traded unit): 122.08 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 4755618000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - equity: 3968073000.0 · 2026-06-30 · SEC XBRL StockholdersEquity (companyfacts) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026054538/ · unverified
  - Net income FY2016: 111808000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828019001988/ · unverified
  - Net income FY2017: 76178000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/ · unverified
  - Net income FY2018: 57020000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828021003314/ · unverified
  - Net income FY2019: 148884000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/ · unverified
  - Net income FY2020: 152142000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/ · unverified
  - Net income FY2021: 408837000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/ · unverified
  - Net income FY2022: 167541000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/ · unverified
  - Net income FY2023: 474326000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - Net income FY2024: 463742000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - Net income FY2025: 527362000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - Dividend years (Yahoo): [2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/ARES/history?filter=div · verified (partly: XBRL covers 7 of 20 years)
  - Dividends per share FY2014 (XBRL): 0.42 · 2014-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1176948/000162828017001756/ · verified
  - Dividends per share FY2015 (XBRL): 0.88 · 2015-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1176948/000162828018002576/ · verified
  - Dividends per share FY2016 (XBRL): 0.83 · 2016-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1176948/000162828018002576/ · verified
  - Dividends per share FY2017 (XBRL): 1.13 · 2017-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/ · verified
  - Dividends per share FY2018 (XBRL): 1.33 · 2018-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/ · verified
  - Dividends per share FY2019 (XBRL): 1.28 · 2019-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/ · verified
  - Dividends per share FY2021 (XBRL): 1.88 · 2021-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/ · verified

### Magic Formula: — (insufficient data (no operating income in XBRL)) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula

### Momentum: 36.9 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: -14.8 % · threshold  · points 9.9/50
-  6 month return: 8.6 % · threshold  · points 12.3/20
-  Price / 52-week high: 0.713  · threshold  · points 10.7/15
-  Volatility penalty (60d annualised): 36.1 % · threshold  · points 4.1/15

Inputs:
  - Adjusted close series (14 months): 122.08 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 0.0 (no open-market transactions in window) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): None bp · threshold  · points 0.0/35
-  Distinct buyers: 0  · threshold  · points 0.0/25
-  Buyer seniority: 0.0  · threshold  · points 0.0/20
-  Recency (half-life 30d): 0.0  · threshold  · points 0.0/10
-  Sales penalty (excludes 10b5-1 plan sales): None bp · threshold  · points -0.0/0

### Buffett Quality: 50.0 (partial: 4, 5, 6, 7) · complete: False · missing tests: 4, 5, 6, 7 · current inputs as of None · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 26, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): 15.7% over 8 yrs  · threshold >= 15% · points 25.0/25
- 2 Profitable every year: 10 of 10  · threshold all years · points 15.0/15
- 3 Net income growth, 3-yr average now vs start of window: +29.1% a year  · threshold >= +10% · points 10.0/10
- 4 Borrowings / 3-yr average earnings (years to repay): None  · threshold <= 4 · points None/15
- 5 Operating margin, 5-yr average: 0 years with operating income and revenue  · threshold >= 20% · points None/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 0 years  · threshold >= 1.0 · points None/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): None  · threshold >= 7% · points None/15

Inputs:
  - Price (close, per traded unit): 122.08 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2018: 57020000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828021003314/ · unverified
  - Equity at FY2018 end: 587924000.0 · 2018-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/ · unverified
  - Net income FY2019: 148884000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/ · unverified
  - Equity at FY2019 end: 768290000.0 · 2019-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1176948/000162828021003314/ · unverified
  - Net income FY2020: 152142000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/ · unverified
  - Equity at FY2020 end: 1193685000.0 · 2020-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/ · unverified
  - Net income FY2021: 408837000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/ · unverified
  - Equity at FY2021 end: 1825227000.0 · 2021-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/ · unverified
  - Net income FY2022: 167541000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/ · unverified
  - Equity at FY2022 end: 1589239000.0 · 2022-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/ · unverified
  - Net income FY2023: 474326000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - Equity at FY2023 end: 1893399000.0 · 2023-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/ · unverified
  - Net income FY2024: 463742000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - Equity at FY2024 end: 3543646000.0 · 2024-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - Net income FY2025: 527362000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - Equity at FY2025 end: 4275463000.0 · 2025-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1176948/000162828026054538/ · unverified
  - Net income FY2016: 111808000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828019001988/ · unverified
  - Net income FY2017: 76178000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/ · unverified
  - Net income FY2018: 57020000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828021003314/ · unverified
  - Net income FY2019: 148884000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/ · unverified
  - Net income FY2020: 152142000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/ · unverified
  - Net income FY2021: 408837000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/ · unverified
  - Net income FY2022: 167541000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/ · unverified
  - Net income FY2023: 474326000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - Net income FY2024: 463742000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - Net income FY2025: 527362000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified

### Lynch GARP: 0.0 (partial: 1, 2, 3, 4, 5, 6) · complete: False · missing tests: 1, 2, 3, 4, 5, 6 · current inputs as of None · stale inputs: none · history None–None · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 0, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): None  · threshold <= 1.0 · points None/30
- 2 EPS growth, 5-yr compound rate: None  · threshold 12% to 35% a year · points None/20
- 3 P/E on latest annual EPS: None  · threshold <= 25 · points None/10
- 4 Borrowings / equity: None  · threshold <= 0.5 · points None/15
- 5 Years of the last 5 in which EPS rose: None  · threshold 5 of 5 · points None/15
- 6 Net cash (cash minus borrowings) / market cap: None  · threshold >= +10% · points None/10

Inputs:
  - Price (close, per traded unit): 122.08 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1

### Graham Enterprising: 25.0 (partial: 1, 2, 5, 6, 7) · complete: False · missing tests: 1, 2, 5, 6, 7 · current inputs as of None · stale inputs: none · history 2021–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 5, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: None  · threshold >= 1.5 · points None/15
- 2 Borrowings vs working capital: None  · threshold <= 1.1x · points None/15
- 3 No earnings deficit in the last 5 years: 5 of 5 profitable  · threshold 5 of 5 · points 15.0/15
- 4 Pays a current dividend: yes  · threshold yes · points 10.0/10
- 5 EPS higher than five years earlier: None  · threshold higher · points None/10
- 6 Price / book value per share: None  · threshold <= 1.2 · points None/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points None/15

Inputs:
  - Price (close, per traded unit): 122.08 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2021: 408837000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/ · unverified
  - Net income FY2022: 167541000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/ · unverified
  - Net income FY2023: 474326000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - Net income FY2024: 463742000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - Net income FY2025: 527362000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - Dividend years (Yahoo): [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/ARES/history?filter=div

### Piotroski F-Score: 44.4 (partial: 5, 6, 8) · complete: False · missing tests: 5, 6, 8 · current inputs as of None · stale inputs: none · history 2023–2025 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 15, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: 1.8%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 2 Operating cash flow is positive: 3,267M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 3 Return on assets improved on the prior year: 1.9% -> 1.8%  · threshold pass = 1 · points 0.0/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): 3,267M vs 527M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: None  · threshold pass = 1 · points None/11.11111111111111
- 6 Current ratio improved: None  · threshold pass = 1 · points None/11.11111111111111
- 7 No new shares issued (share count did not rise): 308M -> 313M  · threshold pass = 1 · points 0.0/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): None  · threshold pass = 1 · points None/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.15 -> 0.17  · threshold pass = 1 · points 11.11111111111111/11.11111111111111

Inputs:
  - net_income 2025-12-31: 527362000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - total_assets 2025-12-31: 28633369000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1176948/000162828026054538/ · unverified
  - cfo 2025-12-31: 3266959000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - net_income 2025-12-31: 527362000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - net_income 2024-12-31: 463742000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - total_assets 2025-12-31: 28633369000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1176948/000162828026054538/ · unverified
  - total_assets 2024-12-31: 24884308000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - cfo 2025-12-31: 3266959000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - net_income 2025-12-31: 527362000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001628280-26-026286) · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - shares_out 2024-12-31: 313170171.0 · 2024-12-31 · SEC XBRL CommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/ · unverified
  - shares_out 2023-12-31: 307585576.0 · 2023-12-31 · SEC XBRL CommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/ · unverified
  - revenue 2025-12-31: 4755618000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - revenue 2024-12-31: 3690668000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified
  - total_assets 2025-12-31: 28633369000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1176948/000162828026054538/ · unverified
  - total_assets 2024-12-31: 24884308000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ · unverified

## Market value, source trail

- 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
- Traded price: 122.08 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: no fresh share count
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): unavailable: 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

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2013 (ended 2013-12-31): 478655000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000155837016003647/
- FY2014 (ended 2014-12-31): 603889000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828017001756/
- FY2015 (ended 2015-12-31): 814442000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828018002576/
- FY2016 (ended 2016-12-31): 964800000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828019001988/
- FY2017 (ended 2017-12-31): 1085043000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/
- FY2018 (ended 2018-12-31): 1218239000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828021003314/
- FY2019 (ended 2019-12-31): 1433126000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/
- FY2020 (ended 2020-12-31): 1753729000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/
- FY2021 (ended 2021-12-31): 2288876000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/
- FY2022 (ended 2022-12-31): 2880007000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/
- FY2023 (ended 2023-12-31): 3236285000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/
- FY2024 (ended 2024-12-31): 3690668000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/
- FY2025 (ended 2025-12-31): 4755618000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/

## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-12-31): 813378000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000155837016003647/
- FY2014 (ended 2014-12-31): 34988000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828017001756/
- FY2015 (ended 2015-12-31): 19378000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828018002576/
- FY2016 (ended 2016-12-31): 111808000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828019001988/
- FY2017 (ended 2017-12-31): 76178000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828020002489/
- FY2018 (ended 2018-12-31): 57020000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828021003314/
- FY2019 (ended 2019-12-31): 148884000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/
- FY2020 (ended 2020-12-31): 152142000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/
- FY2021 (ended 2021-12-31): 408837000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/
- FY2022 (ended 2022-12-31): 167541000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/
- FY2023 (ended 2023-12-31): 474326000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/
- FY2024 (ended 2024-12-31): 463742000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/
- FY2025 (ended 2025-12-31): 527362000.0 · https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)


## Dividend years (Yahoo history)

2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026

## Insider transactions (SEC Form 4 data set, latest 40)


## 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
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=ARES
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=ARES
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/ares/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/ARES
- openinsider (link only, nothing stored): http://openinsider.com/search?q=ARES
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=ARES+stock

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.

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.