ARES Ares Management Corp

Price (delayed)

$52.49

Market cap

$13.75B

P/E Ratio

58.98

Dividend/share

$1.6

EPS

$0.89

Enterprise value

$23.59B

Sector: Financial Services
Industry: Asset Management

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 soared by 55% YoY and by 4.5% from the previous quarter
ARES's net income is up by 37% since the previous quarter and by 2.2% year-on-year
ARES's EPS has soared by 56% since the previous quarter but it is down by 20% year-on-year
ARES's P/E is 44% above its 5-year quarterly average of 41.0 but 13% below its last 4 quarters average of 67.7
The debt has grown by 27% YoY and by 3.1% from the previous quarter

Key stats

What are the main financial stats of ARES
Market
Shares outstanding
261.99M
Market cap
$13.75B
Enterprise value
$23.59B
Valuations
Price to earnings (P/E)
58.98
Price to book (P/B)
11.36
Price to sales (P/S)
4.02
EV/EBIT
45.51
EV/EBITDA
42.16
EV/Sales
13.37
Earnings
Revenue
$1.76B
EBIT
$518.36M
EBITDA
$559.61M
Free cash flow
-$441.6M
Per share
EPS
$0.89
Free cash flow per share
-$3.27
Book value per share
$4.62
Revenue per share
$13.06
TBVPS
$112.31
Balance sheet
Total assets
$15.17B
Total liabilities
$12.6B
Debt
$10.9B
Equity
$1.19B
Working capital
N/A
Liquidity
Debt to equity
9.13
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
17.59
Margins
EBITDA margin
31.7%
Gross margin
100%
Net margin
8.6%
Operating margin
17.8%
Efficiency
Return on assets
0.9%
Return on equity
12.5%
Return on invested capital
2.2%
Return on capital employed
N/A
Return on sales
29.4%
Dividend
Dividend yield
3.05%
DPS
$1.6
Payout ratio
179.8%

ARES stock price

How has the Ares Management stock price performed over time
Intraday
2.6%
1 week
0%
1 month
6.88%
1 year
55.53%
YTD
11.56%
QTD
11.56%

Financial performance

How have Ares Management's revenue and profit performed over time
Revenue
$1.76B
Gross profit
$1.76B
Operating income
$313.56M
Net income
$152.14M
Gross margin
100%
Net margin
8.6%
Ares Management's operating income has increased by 41% from the previous quarter and by 3.6% YoY
ARES's net income is up by 37% since the previous quarter and by 2.2% year-on-year
ARES's operating margin is up by 24% since the previous quarter and by 4.1% year-on-year
The net margin has grown by 19% from the previous quarter and by 2.4% YoY

Growth

What is Ares Management's growth rate over time

Valuation

What is Ares Management stock price valuation
P/E
58.98
P/B
11.36
P/S
4.02
EV/EBIT
45.51
EV/EBITDA
42.16
EV/Sales
13.37
ARES's EPS has soared by 56% since the previous quarter but it is down by 20% year-on-year
ARES's P/E is 44% above its 5-year quarterly average of 41.0 but 13% below its last 4 quarters average of 67.7
ARES's P/B is 99% above its 5-year quarterly average of 5.7 and 34% above its last 4 quarters average of 8.5
The equity has soared by 55% YoY and by 4.5% from the previous quarter
ARES's P/S is 112% above its 5-year quarterly average of 1.9 and 18% above its last 4 quarters average of 3.4
Ares Management's revenue has increased by 14% from the previous quarter

Efficiency

How efficient is Ares Management business performance
The company's return on equity fell by 32% YoY but it rose by 30% QoQ
Ares Management's ROA has increased by 29% from the previous quarter but it has decreased by 18% YoY
The ROIC has contracted by 19% YoY but it has grown by 4.8% from the previous quarter
ARES's ROS is up by 4.3% year-on-year but it is down by 3.3% since the previous quarter

Dividends

What is ARES's dividend history
DPS
$1.6
Dividend yield
3.05%
Payout ratio
179.8%
Recent dividends

Financial health

How did Ares Management financials performed over time
The total assets is 20% more than the total liabilities
The equity has soared by 55% YoY and by 4.5% from the previous quarter
The debt has grown by 27% YoY and by 3.1% from the previous quarter

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