ARES Ares Management Corp

Price (delayed)

$75.12

Market cap

$22.08B

P/E Ratio

46.09

Dividend/share

$2.16

EPS

$1.63

Enterprise value

$33.62B

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
Ares Management's revenue has decreased by 16% from the previous quarter but it has increased by 15% YoY
Ares Management's gross profit has decreased by 16% QoQ but it has increased by 15% YoY
ARES's P/E is 27% above its last 4 quarters average of 36.4 and 7% above its 5-year quarterly average of 43.0
ARES's net income is down by 26% since the previous quarter and by 10% year-on-year

Key stats

What are the main financial stats of ARES
Market
Shares outstanding
293.92M
Market cap
$22.08B
Enterprise value
$33.62B
Valuations
Price to earnings (P/E)
46.09
Price to book (P/B)
13.45
Price to sales (P/S)
3.68
EV/EBIT
45.51
EV/EBITDA
39.46
EV/Sales
9.4
Earnings
Revenue
$3.58B
EBIT
$738.79M
EBITDA
$852.09M
Free cash flow
-$2.13B
Per share
EPS
$1.63
Free cash flow per share
-$12.18
Book value per share
$5.59
Revenue per share
$20.41
TBVPS
$107.18
Balance sheet
Total assets
$21.23B
Total liabilities
$16.46B
Debt
$12.62B
Equity
$1.64B
Working capital
N/A
Liquidity
Debt to equity
7.7
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
13.55
Margins
EBITDA margin
23.8%
Gross margin
100%
Net margin
8.2%
Operating margin
15.4%
Efficiency
Return on assets
1.4%
Return on equity
17%
Return on invested capital
2.5%
Return on capital employed
N/A
Return on sales
20.7%
Dividend
Dividend yield
2.88%
DPS
$2.16
Payout ratio
132.5%

ARES stock price

How has the Ares Management stock price performed over time
Intraday
0.24%
1 week
2.44%
1 month
24.49%
1 year
4.46%
YTD
-7.57%
QTD
32.11%

Financial performance

How have Ares Management's revenue and profit performed over time
Revenue
$3.58B
Gross profit
$3.58B
Operating income
$550.52M
Net income
$294.41M
Gross margin
100%
Net margin
8.2%
Ares Management's operating income has decreased by 29% from the previous quarter and by 17% YoY
ARES's operating margin is down by 28% year-on-year and by 15% since the previous quarter
ARES's net income is down by 26% since the previous quarter and by 10% year-on-year
The net margin has contracted by 22% YoY and by 12% from the previous quarter

Growth

What is Ares Management's growth rate over time

Valuation

What is Ares Management stock price valuation
P/E
46.09
P/B
13.45
P/S
3.68
EV/EBIT
45.51
EV/EBITDA
39.46
EV/Sales
9.4
ARES's P/E is 27% above its last 4 quarters average of 36.4 and 7% above its 5-year quarterly average of 43.0
ARES's EPS is down by 23% since the previous quarter and by 10% year-on-year
ARES's P/B is 75% above its 5-year quarterly average of 7.7 and 9% above its last 4 quarters average of 12.3
The equity has contracted by 3.2% from the previous quarter
ARES's P/S is 47% above its 5-year quarterly average of 2.5 and 15% above its last 4 quarters average of 3.2
Ares Management's revenue has decreased by 16% from the previous quarter but it has increased by 15% YoY

Efficiency

How efficient is Ares Management business performance
Ares Management's ROA has decreased by 26% from the previous quarter and by 22% YoY
The company's return on equity fell by 26% YoY and by 23% QoQ
The ROIC has contracted by 14% from the previous quarter and by 14% YoY
ARES's ROS is down by 13% year-on-year but it is up by 4.5% since the previous quarter

Dividends

What is ARES's dividend history
DPS
$2.16
Dividend yield
2.88%
Payout ratio
132.5%
Recent dividends

Financial health

How did Ares Management financials performed over time
The total assets is 29% more than the total liabilities
ARES's total liabilities is up by 16% year-on-year
The total assets is up by 14% YoY
The debt has grown by 18% YoY
ARES's debt to equity is up by 17% year-on-year and by 2.8% since the previous quarter

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