# Ares Management Corp (ARES) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Ares Management Corp's 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/ARES/mda/fy2025/): filed 2026-02-25; accession 0001628280-26-011413 (https://www.sec.gov/Archives/edgar/data/1176948/000162828026011413/ares-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/ARES/mda/fy2024/): filed 2025-02-27; accession 0001628280-25-008665 (https://www.sec.gov/Archives/edgar/data/1176948/000162828025008665/ares-20241231.htm)
- [FY 2023 MD&A](/company/ARES/mda/fy2023/): filed 2024-02-27; accession 0001628280-24-007014 (https://www.sec.gov/Archives/edgar/data/1176948/000162828024007014/ares-20231231.htm)
- [FY 2022 MD&A](/company/ARES/mda/fy2022/): filed 2023-02-24; accession 0001628280-23-005081 (https://www.sec.gov/Archives/edgar/data/1176948/000162828023005081/ares-20221231.htm)
- [FY 2021 MD&A](/company/ARES/mda/fy2021/): filed 2022-02-28; accession 0001628280-22-004289 (https://www.sec.gov/Archives/edgar/data/1176948/000162828022004289/ares-20211231.htm)

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