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ARES Ares Management Corp

Price (delayed)

$175.52

Market cap

$54.95B

P/E Ratio

79.42

Dividend/share

$3.56

EPS

$2.21

Enterprise value

$67.7B

Ares Management Corporation is a global alternative investment manager operating three integrated businesses across credit, private equity and real estate. In 1997, Ares was founded by a veteran team of ...

Highlights
The equity has grown by 20% YoY and by 3.7% from the previous quarter
ARES's net income is up by 17% since the previous quarter
ARES's P/E is 45% above its 5-year quarterly average of 54.6 and 29% above its last 4 quarters average of 61.4

Key stats

What are the main financial stats of ARES
Market
Shares outstanding
313.06M
Market cap
$54.95B
Enterprise value
$67.7B
Valuations
Price to book (P/B)
26.46
Price to sales (P/S)
9.57
EV/EBIT
77.55
EV/EBITDA
61.29
EV/Sales
18.4
Earnings
Revenue
$3.68B
EBIT
$873M
EBITDA
$1.1B
Free cash flow
$1.32B
Per share
EPS
$2.21
Free cash flow per share
$6.57
Book value per share
$6.63
Revenue per share
$18.33
TBVPS
$111.69
Balance sheet
Total assets
$24.52B
Total liabilities
$18.64B
Debt
$14.42B
Equity
$2.08B
Working capital
N/A
Liquidity
Debt to equity
6.95
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
11.55
Margins
EBITDA margin
30%
Gross margin
100%
Net margin
-7.5%
Operating margin
25.9%
Efficiency
Return on assets
1.9%
Return on equity
23.8%
Return on invested capital
2.4%
Return on capital employed
N/A
Return on sales
23.7%
Dividend
Dividend yield
2.03%
DPS
$3.56
Payout ratio
161.1%

ARES stock price

How has the Ares Management stock price performed over time
Intraday
0.29%
1 week
4.97%
1 month
4.61%
1 year
61.29%
YTD
47.6%
QTD
12.63%

Financial performance

How have Ares Management's revenue and profit performed over time
Revenue
$3.68B
Gross profit
$3.68B
Operating income
$951.32M
Net income
-$276.17M
Gross margin
100%
Net margin
-7.5%
The net margin has plunged by 197% YoY but it has grown by 27% from the previous quarter
Ares Management's operating income has increased by 21% from the previous quarter and by 19% YoY
ARES's net income is up by 17% since the previous quarter
ARES's operating margin is up by 14% year-on-year and by 6% since the previous quarter

Growth

What is Ares Management's growth rate over time

Valuation

What is Ares Management stock price valuation
P/E
79.42
P/B
26.46
P/S
9.57
EV/EBIT
77.55
EV/EBITDA
61.29
EV/Sales
18.4
ARES's P/E is 45% above its 5-year quarterly average of 54.6 and 29% above its last 4 quarters average of 61.4
ARES's EPS is up by 13% since the previous quarter
ARES's P/B is 95% above its 5-year quarterly average of 13.6 and 22% above its last 4 quarters average of 21.7
The equity has grown by 20% YoY and by 3.7% from the previous quarter
ARES's P/S is 118% above its 5-year quarterly average of 4.4 and 28% above its last 4 quarters average of 7.5
Ares Management's revenue has increased by 14% from the previous quarter and by 4.7% YoY

Efficiency

How efficient is Ares Management business performance
The ROIC has contracted by 35% YoY but it has grown by 9% from the previous quarter
ARES's ROS is down by 32% year-on-year and by 4% since the previous quarter
Ares Management's ROA has increased by 12% from the previous quarter and by 6% YoY
The company's return on equity rose by 9% QoQ but it fell by 4% YoY

Dividends

What is ARES's dividend history
DPS
$3.56
Dividend yield
2.03%
Payout ratio
161.1%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Ares Management financials performed over time
The total assets is 32% more than the total liabilities
The total assets is up by 4.9% YoY
The equity has grown by 20% YoY and by 3.7% from the previous quarter
ARES's debt to equity is down by 15% year-on-year and by 4% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.