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%

NYSE:ARES