Market cap
$26.5bn
Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
Generally, the consolidation of our Consolidated Funds has a significant gross-up effect on our assets, liabilities and cash flows but has no net effect on the net income attributable to us or our stockholders’ equity, except where accounting for a redemption or liquidation preference requires the reallocation of ownership based on specific terms of a profit sharing agreement. Within the Credit Group, our publicly-traded and our perpetual wealth funds contributed $29.4 million and $66.8 million of the increases in management fees for the three and six months ended June 30, 2026 , respectively, compared to the same periods in 2025, primarily driven by increases in FPAUM associated with fundra …Ares Management Corp, 10-Q, period ended 2026-06-30, filed 2026-08-07