ARES Ares Management Corp

  1. Stocks
  2. Financial Services
  3. NYSE: ARES

Price (delayed)

$81.09

Market cap

$24.06B

P/E Ratio

93.21

Dividend/share

$2.6

EPS

$0.87

Enterprise value

$36.28B

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 contracted by 13% YoY but it has grown by 5% from the previous quarter
ARES's P/E is 98% above its 5-year quarterly average of 47.1 and 70% above its last 4 quarters average of 54.8
ARES's EPS has dropped by 61% year-on-year and by 5% since the previous quarter
Sector: Financial Services
Industry: Asset Management
Website: http://www.aresmgmt.com/
Peers: NEWT VRTS BEN

Key stats

What are the main financial stats of ARES
Market
Shares outstanding
296.74M
Market cap
$24.06B
Enterprise value
$36.28B
Valuations
Price to earnings (P/E)
93.21
Price to book (P/B)
15.01
Price to sales (P/S)
4.66
EV/EBIT
50.24
EV/EBITDA
34.12
EV/Sales
11.87
Earnings
Revenue
$3.06B
EBIT
$722.15M
EBITDA
$1.06B
Free cash flow
-$769.91M
Per share
EPS
$0.87
Free cash flow per share
-$4.39
Book value per share
$5.4
Revenue per share
$17.41
TBVPS
$112.78
Balance sheet
Total assets
$22B
Total liabilities
$17.1B
Debt
$13.33B
Equity
$1.59B
Working capital
N/A
Liquidity
Debt to equity
8.39
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
11.49
Margins
EBITDA margin
34.8%
Gross margin
100%
Net margin
5.5%
Operating margin
10%
Efficiency
Return on assets
0.8%
Return on equity
10.4%
Return on invested capital
2.3%
Return on capital employed
N/A
Return on sales
23.6%
Dividend
Dividend yield
3.21%
DPS
$2.6
Payout ratio
298.9%

ARES stock price

How has the Ares Management stock price performed over time
Intraday
0.86%
1 week
8.5%
1 month
1.17%
1 year
2.53%
YTD
18.48%
QTD
18.48%

Financial performance

How have Ares Management's revenue and profit performed over time
Revenue
$3.06B
Gross profit
$3.06B
Operating income
$306.36M
Net income
$167.54M
Gross margin
100%
Net margin
5.5%
Ares Management's operating income has plunged by 62% YoY and by 3.7% from the previous quarter
ARES's net income has dropped by 59% year-on-year and by 3.8% since the previous quarter
ARES's operating margin is down by 47% year-on-year but it is up by 8% since the previous quarter
The net margin has contracted by 43% YoY but it has grown by 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
93.21
P/B
15.01
P/S
4.66
EV/EBIT
50.24
EV/EBITDA
34.12
EV/Sales
11.87
ARES's P/E is 98% above its 5-year quarterly average of 47.1 and 70% above its last 4 quarters average of 54.8
ARES's EPS has dropped by 61% year-on-year and by 5% since the previous quarter
ARES's P/B is 77% above its 5-year quarterly average of 8.5 and 23% above its last 4 quarters average of 12.2
The equity has contracted by 13% YoY but it has grown by 5% from the previous quarter
ARES's P/S is 66% above its 5-year quarterly average of 2.8 and 41% above its last 4 quarters average of 3.3
Ares Management's revenue has decreased by 27% YoY and by 11% from the previous quarter

Efficiency

How efficient is Ares Management business performance
Ares Management's ROA has plunged by 60% YoY
The company's return on equity has shrunk by 57% YoY
ARES's ROS is up by 28% since the previous quarter and by 17% year-on-year
The ROIC has contracted by 23% YoY but it has grown by 10% from the previous quarter

Dividends

What is ARES's dividend history
Dividend details
DPS
$2.6
Dividend yield
3.21%
Payout ratio
298.9%
Recent dividends

Financial health

How did Ares Management financials performed over time
The total assets is 29% more than the total liabilities
The total assets is up by 3.8% from the previous quarter
ARES's total liabilities is up by 2.7% since the previous quarter and by 2.4% year-on-year
ARES's debt to equity is up by 22% year-on-year
The equity has contracted by 13% YoY but it has grown by 5% from the previous quarter

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