ARESAres Management
Ares is a leading global alternative investment manager with $622.5 billion of assets under management and over 4,250 employees in over 55 offices in more than 25 countries. 10-K, Item 1
- Employees
- 4,250
- Headquarters
- Los Angeles, CA
- CEO
- Michael J. Arougheti
- Next results
- around Feb 4, 2027
Dilution: new shares, stock pay and buybacks
prospectuses (S-3, 424B) of the last three years and the 10-K cash flow From EDGARShares offered
Since Nov 11, 2023: 1 convertible offering, 1 shelf registration; also 1 notes offering, 1 resale by holders.
- Feb 25, 2026 Shelf registration: shares and other securities, amount not fixed S-3ASR
- Oct 9, 2024 Convertible preferred stock: 27.0M shares 424B5
Every offering filing →“We may from time to time, in one or more offerings, offer and sell one or more series or classes, separately or together, and in amounts, at prices and on terms that will be determined at the time of any such offering and will be set forth in one or more supplements to this prospectus: • shares of Class A common stock, par value $0.01 per share (“Class A common stock”); shares of preferred stock; debt securities; …”
S-3ASR, Feb 25, 2026 ↗
Bought back
-
no buyback line in the 10-K XBRL, year to Dec 31, 2025
No cash flow chart for banks and insurers: their operating cash flow moves with loans, deposits and trading, so it says little about how cash was spent.
| Fiscal year to | Buybacks | Dividends | Stock pay | Shares issued for cash | Diluted shares |
|---|---|---|---|---|---|
| 2025-12-31 | - | - | $740.5M | - | - |
| 2024-12-31 | - | - | $352.9M | - | - |
| 2023-12-31 | - | - | $256.0M | - | - |
| 2022-12-31 | - | - | $200.4M | - | - |
| 2021-12-31 | - | - | $237.2M | - | - |
From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: sbc = AllocatedShareBasedCompensationExpense.
Price paid per share
What ARES paid on average for each share it bought back, each fiscal year: dollars spent divided by shares bought, both from the 10-K.
| Fiscal year to | Shares bought | Spent | Average price | |
|---|---|---|---|---|
| 2019-12-31 | 400K | $10.4M | $26.12 |
Shares and dollars from the statement of shareholders' equity (the cash flow line also counts shares withheld for taxes, so it is not used). Share counts filed before a stock split are put on today's count. A year where the 10-K does not tag both numbers is left out. The latest year with both numbers tagged is 2019.
Work on ARES in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/ARES/export.csv") into a cell.