Price (delayed)
$140.08
Market cap
$43.84B
P/E Ratio
71.47
Dividend/share
$3.4
EPS
$1.96
Enterprise value
$56.82B
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 14% YoY and by 13% from the previous quarter
ARES's EPS is up by 18% year-on-year but it is down by 14% since the previous quarter
The debt has contracted by 5% from the previous quarter but it has grown by 3.3% YoY
ARES's net income has dropped by 57% since the previous quarter
ARES's P/E is 36% above its 5-year quarterly average of 52.6 and 29% above its last 4 quarters average of 55.6
Key stats
What are the main financial stats of ARES
Market
Valuations
Earnings
Shares outstanding
312.99M
Market cap
$43.84B
Enterprise value
$56.82B
Price to earnings (P/E)
71.47
Price to book (P/B)
21.68
Price to sales (P/S)
8.53
EV/EBIT
57.21
EV/EBITDA
46.39
EV/Sales
17.64
Revenue
$3.22B
EBIT
$993.19M
EBITDA
$1.22B
Free cash flow
$799.07M
Per share
Balance sheet
Liquidity
EPS
$1.96
Free cash flow per share
$4.07
Book value per share
$6.46
Revenue per share
$16.42
TBVPS
$112.45
Total assets
$24.19B
Total liabilities
$18.44B
Debt
$14.5B
Equity
$2B
Working capital
N/A
Debt to equity
7.24
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
10.59
Margins
Efficiency
Dividend
EBITDA margin
38%
Gross margin
100%
Net margin
-4.2%
Operating margin
24.4%
Return on assets
1.7%
Return on equity
21.8%
Return on invested capital
2.8%
Return on capital employed
N/A
Return on sales
30.8%
Dividend yield
2.43%
DPS
$3.4
Payout ratio
173.5%
ARES stock price
How has the Ares Management stock price performed over time
Intraday
1.91%
1 week
-4.32%
1 month
-1.03%
1 year
32.2%
YTD
17.79%
QTD
5.1%
Financial performance
How have Ares Management's revenue and profit performed over time
Revenue
$3.22B
Gross profit
$3.22B
Operating income
$786.76M
Net income
-$135.83M
Gross margin
100%
Net margin
-4.2%
The net margin has plunged by 75% from the previous quarter
ARES's net income has dropped by 57% since the previous quarter
ARES's operating margin is up by 50% year-on-year and by 5% since the previous quarter
Ares Management's operating income has increased by 32% YoY but it has decreased by 3.8% from the previous quarter
Growth
What is Ares Management's growth rate over time
Valuation
What is Ares Management stock price valuation
P/E
71.47
P/B
21.68
P/S
8.53
EV/EBIT
57.21
EV/EBITDA
46.39
EV/Sales
17.64
ARES's P/E is 36% above its 5-year quarterly average of 52.6 and 29% above its last 4 quarters average of 55.6
ARES's EPS is up by 18% year-on-year but it is down by 14% since the previous quarter
ARES's P/B is 71% above its 5-year quarterly average of 12.7 and 7% above its last 4 quarters average of 20.3
The equity has grown by 14% YoY and by 13% from the previous quarter
ARES's P/S is 113% above its 5-year quarterly average of 4.0 and 27% above its last 4 quarters average of 6.7
Ares Management's revenue has decreased by 12% YoY and by 9% from the previous quarter
Efficiency
How efficient is Ares Management business performance
ARES's ROS is up by 20% year-on-year and by 8% since the previous quarter
The company's return on equity fell by 14% QoQ but it rose by 11% YoY
Ares Management's ROA has increased by 13% YoY but it has decreased by 11% from the previous quarter
The ROIC has contracted by 3.4% YoY
Dividends
What is ARES's dividend history
DPS
$3.4
Dividend yield
2.43%
Payout ratio
173.5%
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 31% more than the total liabilities
ARES's total liabilities is down by 4.9% since the previous quarter
The total assets is up by 4.6% YoY
ARES's debt to equity is down by 17% since the previous quarter and by 10% year-on-year
The equity has grown by 14% YoY and by 13% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.