Ares Management Corporation
NYSE-ARES
Company Overview
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.
Name
Ares Management Corporation
CEO
Mr. Michael J. Arougheti
Website
www.aresmgmt.com
Sector
Capital Markets
Year Founded
1997
Profile
Market Cap
$30.51B
EV
$47.24B
Shares Out
199.67M
Revenue
$3,221.28M
Employees
2,879
Margins
Gross
48.01%
EBITDA
34.1%
Operating
27.4%
Pre-Tax
39.06%
Net
12.53%
FCF
24.81%
Returns (5Yr Avg)
ROA
1.45%
ROTA
8.96%
ROE
7.39%
ROCE
4.01%
ROIC
3.37%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
$150.23
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
$1,525.49M
Net Debt
$12.97B
Debt/Equity
2.52
EBIT/Interest
0.91
Growth (CAGR)
Rev 3Yr
1.28%
Rev 5Yr
18.99%
Rev 10Yr
19.4%
Dil EPS 3Yr
4.09%
Dil EPS 5Yr
21.07%
Dil EPS 10Yr
1.4%
Rev Fwd 2Yr
26.28%
EBITDA Fwd 2Yr
37.58%
EPS Fwd 2Yr
25.84%
EPS LT Growth Est
25.05%
Dividends
Yield
—
Payout
124.89%
DPS
$2.47
DPS Growth 3Yr
12.39%
DPS Growth 5Yr
15.53%
DPS Growth 10Yr
29.94%
DPS Growth Fwd 2Yr
21.01%