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Ares Management Corporation (ARES)

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156.25 -0.41 (-0.26%)
At close: September 23 at 4:00 PM EDT
155.06 -1.19 (-0.76%)
Pre-Market: 7:45 AM EDT
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DELL
  • Previous Close 156.66
  • Open 157.66
  • Bid --
  • Ask --
  • Day's Range 155.40 - 158.50
  • 52 Week Range 96.00 - 158.50
  • Volume 583,616
  • Avg. Volume 1,067,988
  • Market Cap (intraday) 48.905B
  • Beta (5Y Monthly) 1.24
  • PE Ratio (TTM) 80.54
  • EPS (TTM) 1.94
  • Earnings Date Oct 29, 2024 - Nov 4, 2024
  • Forward Dividend & Yield 3.72 (2.38%)
  • Ex-Dividend Date Sep 16, 2024
  • 1y Target Est 150.77

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

www.aresmgmt.com

2,879

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: ARES

Trailing total returns as of 9/23/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ARES
34.08%
S&P 500
19.89%

1-Year Return

ARES
53.53%
S&P 500
32.37%

3-Year Return

ARES
124.33%
S&P 500
30.10%

5-Year Return

ARES
529.21%
S&P 500
91.12%

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Statistics: ARES

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Valuation Measures

Annual
As of 9/23/2024
  • Market Cap

    31.20B

  • Enterprise Value

    44.17B

  • Trailing P/E

    80.54

  • Forward P/E

    26.81

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    6.61

  • Price/Book (mrq)

    15.59

  • Enterprise Value/Revenue

    9.49

  • Enterprise Value/EBITDA

    19.81

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    12.53%

  • Return on Assets (ttm)

    2.33%

  • Return on Equity (ttm)

    20.43%

  • Revenue (ttm)

    3.22B

  • Net Income Avi to Common (ttm)

    378.2M

  • Diluted EPS (ttm)

    1.94

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.53B

  • Total Debt/Equity (mrq)

    251.87%

  • Levered Free Cash Flow (ttm)

    82.73M

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