ARES Ares Management Corp - Class A

Price (delayed)

$45.87

Market cap

$11.86B

P/E Ratio

80.47

Dividend/share

$1.52

EPS

$0.57

Enterprise value

$21.2B

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 52% YoY and by 21% from the previous quarter
ARES's EPS is down by 36% year-on-year but it is up by 6% since the previous quarter
ARES's net income is up by 15% since the previous quarter but it is down by 9% year-on-year
ARES's P/E is 95% above its 5-year quarterly average of 41.2 and 29% above its last 4 quarters average of 62.6
The debt has grown by 33% YoY and by 3.7% from the previous quarter

Key stats

What are the main financial stats of ARES
Market
Shares outstanding
258.45M
Market cap
$11.86B
Enterprise value
$21.2B
Valuations
Price to earnings (P/E)
80.47
Price to book (P/B)
10.36
Price to sales (P/S)
4.27
EV/EBIT
45.23
EV/EBITDA
41.72
EV/Sales
13.74
Earnings
Revenue
$1.54B
EBIT
$468.61M
EBITDA
$508.06M
Free cash flow
-$403.81M
Per share
EPS
$0.57
Free cash flow per share
-$2.81
Book value per share
$4.43
Revenue per share
$10.75
TBVPS
$104.06
Balance sheet
Total assets
$14.93B
Total liabilities
$12.46B
Debt
$10.58B
Equity
$1.14B
Working capital
N/A
Liquidity
Debt to equity
9.26
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
18.39
Margins
EBITDA margin
32.9%
Gross margin
100%
Net margin
7.2%
Operating margin
14.4%
Efficiency
Return on assets
0.7%
Return on equity
9.6%
Return on invested capital
2.1%
Return on capital employed
N/A
Return on sales
30.4%
Dividend
Dividend yield
3.31%
DPS
$1.52
Payout ratio
266.7%

ARES stock price

How has the Ares Management stock price performed over time
Intraday
1.82%
1 week
2.71%
1 month
8.44%
1 year
38.62%
YTD
28.52%
QTD
13.48%

Financial performance

How have Ares Management's revenue and profit performed over time
Revenue
$1.54B
Gross profit
$1.54B
Operating income
$222.57M
Net income
$111.35M
Gross margin
100%
Net margin
7.2%
ARES's net income is up by 15% since the previous quarter but it is down by 9% year-on-year
Ares Management's operating income has decreased by 14% YoY but it has increased by 14% from the previous quarter
ARES's operating margin is down by 13% year-on-year but it is up by 12% since the previous quarter
The net margin has grown by 13% from the previous quarter but it has contracted by 8% YoY

Growth

What is Ares Management's growth rate over time

Valuation

What is Ares Management stock price valuation
P/E
80.47
P/B
10.36
P/S
4.27
EV/EBIT
45.23
EV/EBITDA
41.72
EV/Sales
13.74
ARES's P/E is 95% above its 5-year quarterly average of 41.2 and 29% above its last 4 quarters average of 62.6
ARES's EPS is down by 36% year-on-year but it is up by 6% since the previous quarter
ARES's P/B is 92% above its 5-year quarterly average of 5.4 and 44% above its last 4 quarters average of 7.2
The equity has soared by 52% YoY and by 21% from the previous quarter
ARES's P/S is 137% above its 5-year quarterly average of 1.8 and 38% above its last 4 quarters average of 3.1
Ares Management's revenue has decreased by 2.1% YoY

Efficiency

How efficient is Ares Management business performance
The company's return on equity fell by 38% YoY but it rose by 7% QoQ
Ares Management's ROA has decreased by 22% YoY but it has increased by 17% from the previous quarter
The ROIC has contracted by 16% YoY and by 4.5% from the previous quarter
ARES's ROS is up by 8% year-on-year and by 2.7% since the previous quarter

Dividends

What is ARES's dividend history
DPS
$1.52
Dividend yield
3.31%
Payout ratio
266.7%
Recent dividends

Financial health

How did Ares Management financials performed over time
The total assets is 20% more than the total liabilities
The total assets is up by 29% YoY and by 9% from the previous quarter
ARES's total liabilities is up by 28% year-on-year and by 6% since the previous quarter
The equity has soared by 52% YoY and by 21% from the previous quarter
The debt has grown by 33% YoY and by 3.7% from the previous quarter

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