| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 889,860 | 349,481 |
| Adjustments to reconcile net income to net cash provided by operating activities-Parent Company | 491,735 | 462,314 |
| Adjustments to reconcile net income to net cash provided by operating activities-Consolidated Funds | 1,620,528 | 1,163,402 |
| Cash flows due to changes in operating assets and liabilities-Parent Company | 350,245 | 189,680 |
| Cash flows due to changes in operating assets and liabilities allocable to redeemable and non-controlling interest in consolidated funds-Consolidated Funds | -398,279 | -245,027 |
| Net cash provided by operating activities | 3,750,647 | 2,409,904 |
| Purchase of furniture, equipment and leasehold improvements, net of disposals | 56,385 | 44,893 |
| Acquisitions, net of cash acquired | 1,726,175 | 1,722,715 |
| Net cash used in investing activities | -1,782,560 | -1,767,608 |
| Net proceeds from issuance of class a common stock-Parent Company | 0 | 0 |
| Proceeds from credit facility-Parent Company | 2,130,000 | 1,525,000 |
| Repayments of credit facility-Parent Company | 1,015,000 | 410,000 |
| Dividends and distributions-Parent Company | 1,296,937 | 873,259 |
| Stock option exercises-Parent Company | 0 | 0 |
| Taxes paid related to net share settlement of equity awards-Parent Company | 425,623 | 416,609 |
| Other financing activities-Parent Company | 2,630 | 1,790 |
| Contributions from redeemable and non-controlling interests in consolidated funds-Consolidated Funds | 269,903 | 160,147 |
| Distributions to non-controlling interests in consolidated funds-Consolidated Funds | 349,020 | 319,756 |
| Redemptions of redeemable interests in consolidated funds-Consolidated Funds | 509,503 | 7,143 |
| Borrowings under loan obligations by consolidated funds-Consolidated Funds | 532,191 | 312,491 |
| Repayments under loan obligations by consolidated funds-Consolidated Funds | 2,308,666 | 1,717,589 |
| Net cash used in financing activities | -2,970,025 | -1,744,928 |
| Effect of exchange rate changes | -9,369 | 104,312 |
| Net change in cash and cash equivalents | -1,011,307 | -998,320 |
| Cash and cash equivalents at beginning of period | 1,507,976 | - |
| Cash and cash equivalents at end of period | 496,669 | - |
Ares Management Corp (ARES-PB)
Ares Management Corp (ARES-PB)