Ares Management LP (ARES) - Net Assets
Based on the latest financial reports, Ares Management LP (ARES) has net assets worth $8.38 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($28.39 Billion) and total liabilities ($20.01 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Ares Management LP (ARES) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.38 Billion |
| % of Total Assets | 29.52% |
| Annual Growth Rate | 0.88% |
| 5-Year Change | 128.12% |
| 10-Year Change | 531.79% |
| Growth Volatility | 34.21 |
Ares Management LP - Net Assets Trend (2011–2025)
This chart illustrates how Ares Management LP's net assets have evolved over time, based on quarterly financial data. See Ares Management LP (ARES) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ares Management LP (2011–2025)
The table below shows the annual net assets of Ares Management LP from 2011 to 2025. For live valuation and market cap data, see Ares Management LP (ARES) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $8.70 Billion | +27.51% |
| 2024-12-31 | $6.82 Billion | +52.52% |
| 2023-12-31 | $4.47 Billion | +17.79% |
| 2022-12-31 | $3.80 Billion | -0.41% |
| 2021-12-31 | $3.81 Billion | +54.32% |
| 2020-12-31 | $2.47 Billion | +32.99% |
| 2019-12-31 | $1.86 Billion | +33.30% |
| 2018-12-31 | $1.39 Billion | -4.52% |
| 2017-12-31 | $1.46 Billion | +6.03% |
| 2016-12-31 | $1.38 Billion | +42.22% |
| 2015-12-31 | $968.41 Million | -83.01% |
| 2014-12-31 | $5.70 Billion | -12.85% |
| 2013-12-31 | $6.54 Billion | -6.45% |
| 2012-12-31 | $6.99 Billion | -9.11% |
| 2011-12-31 | $7.69 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ares Management LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 138794300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.24 Million | 0.08% |
| Other Comprehensive Income | $21.74 Million | 0.51% |
| Other Components | $5.70 Billion | 133.38% |
| Total Equity | $4.28 Billion | 100.00% |
Ares Management LP Competitors by Market Cap
The table below lists competitors of Ares Management LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VICI Properties Inc
NYSE:VICI
|
$30.14 Billion |
|
Viking Holdings Ltd
NYSE:VIK
|
$30.18 Billion |
|
Chroma ATE Inc
TW:2360
|
$30.23 Billion |
|
Bajaj Finserv Limited
NSE:BAJAJFINSV
|
$30.24 Billion |
|
Bajaj Auto Limited
NSE:BAJAJ-AUTO
|
$30.03 Billion |
|
Alcon AG
SW:ALC
|
$30.03 Billion |
|
Prudential plc
F:PRU2
|
$29.96 Billion |
|
Grupo Financiero Banorte S.A.B. de C.V
MX:GFNORTEO
|
$29.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ares Management LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,543,646,000 to 4,275,463,000, a change of 731,817,000 (20.7%).
- Net income of 527,361,999 contributed positively to equity growth.
- Dividend payments of 1,756,688,000 reduced retained earnings.
- Other comprehensive income increased equity by 39,500,000.
- Other factors increased equity by 1,921,643,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $527.36 Million | +12.33% |
| Dividends Paid | $1.76 Billion | -41.09% |
| Other Comprehensive Income | $39.50 Million | +0.92% |
| Other Changes | $1.92 Billion | +44.95% |
| Total Change | $- | 20.65% |
Book Value vs Market Value Analysis
This analysis compares Ares Management LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.88x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 30.58x to 6.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $4.43 | $135.36 | x |
| 2012-12-31 | $5.24 | $135.36 | x |
| 2013-12-31 | $68.24 | $135.36 | x |
| 2014-12-31 | $70906.85 | $135.36 | x |
| 2015-12-31 | $11.90 | $135.36 | x |
| 2016-12-31 | $16.61 | $135.36 | x |
| 2017-12-31 | $17.79 | $135.36 | x |
| 2018-12-31 | $6.12 | $135.36 | x |
| 2019-12-31 | $6.41 | $135.36 | x |
| 2020-12-31 | $7.98 | $135.36 | x |
| 2021-12-31 | $10.13 | $135.36 | x |
| 2022-12-31 | $9.05 | $135.36 | x |
| 2023-12-31 | $9.67 | $135.36 | x |
| 2024-12-31 | $17.89 | $135.36 | x |
| 2025-12-31 | $19.67 | $135.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ares Management LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.15%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 6.78x
- Recent ROE (12.33%) is below the historical average (14.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 27.46% | 3.64% | 0.11x | 66.94x | $61.89 Million |
| 2012 | 44.69% | 66.05% | 0.01x | 49.62x | $171.28 Million |
| 2013 | 2.81% | 37.71% | 0.02x | 3.69x | $-462.08 Million |
| 2014 | 0.00% | 5.79% | 0.03x | 0.00x | $-569.76 Billion |
| 2015 | 2.00% | 2.38% | 0.19x | 4.46x | $-77.46 Million |
| 2016 | 8.12% | 8.91% | 0.22x | 4.23x | $-25.92 Million |
| 2017 | 5.22% | 5.15% | 0.17x | 5.86x | $-69.85 Million |
| 2018 | 9.70% | 5.95% | 0.09x | 17.27x | $-1.77 Million |
| 2019 | 19.38% | 8.43% | 0.15x | 15.64x | $72.06 Million |
| 2020 | 12.75% | 8.62% | 0.12x | 12.71x | $32.77 Million |
| 2021 | 22.40% | 9.71% | 0.19x | 11.84x | $226.31 Million |
| 2022 | 10.54% | 5.48% | 0.14x | 13.84x | $8.62 Million |
| 2023 | 25.05% | 13.06% | 0.15x | 13.06x | $284.99 Million |
| 2024 | 13.09% | 11.94% | 0.16x | 7.02x | $109.38 Million |
| 2025 | 12.33% | 8.15% | 0.22x | 6.78x | $99.82 Million |
Industry Comparison
This section compares Ares Management LP's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,020,171,394
- Average return on equity (ROE) among peers: 1.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ares Management LP (ARES) | $8.38 Billion | 27.46% | 2.39x | $30.05 Billion |
| Acadian Asset Management Inc (AAMI) | $87.10 Million | 97.59% | 7.07x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.54 Billion | 14.07% | 0.00x | $3.28 Billion |
| Associated Capital Group Inc (AC) | $757.29 Million | -0.01% | 0.10x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $439.33 Million | 17.87% | 0.10x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.56 Million | -137.00% | 1.03x | $194.14 Million |
| Alpha Compute Corp (ALP) | $59.59 Million | 27.35% | 0.01x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $17.85 Million | -32.96% | 4.15x | $295.10 Million |
| Affiliated Managers Group Inc (AMG) | $1.30 Billion | -0.10% | 1.49x | $9.37 Billion |
| Ameriprise Financial Inc (AMP) | $5.94 Billion | 57.52% | 28.61x | $40.38 Billion |
| AMTD IDEA Group (AMTD) | $47.62 Million | -24.55% | 8.84x | $42.49 Million |
About Ares Management LP
Ares Management Corporation operates as an alternative asset manager. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment specializes in growth capital, middle market, mezzanine, distressed and growth buyouts. The firm seeks to invest in healthcare, services, energy, industrials and consumer. The firm seeks t… Read more