Ares Management Corporation Website

Ares Management Corporation

NYSE-ARES

Basic

  • Market Cap

    $29B

  • EV

    $46.06B

  • Shares Out

    199.58M

  • Revenue

    $3,525.89M

  • Employees

    2,868

Margins

  • Gross

    44.07%

  • EBITDA

    34.18%

  • Operating

    27.87%

  • Pre-Tax

    37.52%

  • Net

    12.86%

  • FCF

    -8.94%

Returns (5Yr Avg)

  • ROA

    1.41%

  • ROTA

    8.84%

  • ROE

    7.35%

  • ROCE

    3.9%

  • ROIC

    3.29%

Valuation (TTM)

  • P/E

    —

  • P/B

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

  • EV/Gross Profit

    —

Valuation (NTM)

  • Price Target

    $151.5

  • P/E

    —

  • PEG

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

Financial Health

  • Cash

    $1,545.71M

  • Net Debt

    $13.79B

  • Debt/Equity

    3.05

  • EBIT/Interest

    1.06

Growth (CAGR)

  • Rev 3Yr

    13.54%

  • Rev 5Yr

    24.69%

  • Rev 10Yr

    21.46%

  • Dil EPS 3Yr

    17.79%

  • Dil EPS 5Yr

    94.72%

  • Dil EPS 10Yr

    4.16%

  • Rev Fwd 2Yr

    27.16%

  • EBITDA Fwd 2Yr

    41.82%

  • EPS Fwd 2Yr

    28.34%

  • EPS LT Growth Est

    27.37%

Dividends

  • Yield

    —

  • Payout

    141.59%

  • DPS

    $3.24

  • DPS Growth 3Yr

    24.72%

  • DPS Growth 5Yr

    22.81%

  • DPS Growth 10Yr

    —

  • DPS Growth Fwd 2Yr

    20.89%

Select a metric from the list below to chart it

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Dec '19

Dec '20

Dec '21

Dec '22

Dec '23

LTM

Dec '24 (E)

Dec '25 (E)

Dec '26 (E)

Metric
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

1,708.9

1,735.5

4,112.7

3,043.2

3,595.4

3,505.1

Interest And Invest. Income

—

—

56.6

28.6

99.4

12.3

36.5

20.8

Total Revenues

1,765.4

1,764

4,212.1

3,055.4

3,631.9

3,525.9

Total Revenues % Chg.

84.2%

-0.1%

138.8%

-27.5%

18.9%

11.8%

Cost of Goods Sold, Total

1,150.5

1,171.4

2,836.5

1,811.2

2,086.9

1,972

Gross Profit

614.9

592.7

1,375.6

1,244.3

1,545

1,553.9

Selling General & Admin Expenses, Total

292.3

279.1

506.7

550.1

624.9

571.3

Other Operating Expenses, Total

292.3

279.1

506.7

550.1

624.9

571.3

Operating Income

322.6

313.6

868.9

694.2

920.1

982.6

Interest Expense, Total

-297.4

-311.2

-294.8

-482.7

-860.9

-924.9

Interest And Investment Income

403.1

471.7

447.7

595.9

1,014.8

1,050.7

Net Interest Expenses

105.7

160.5

152.9

113.2

153.9

125.8

Currency Exchange Gains (Loss)

—

-8.5

13.1

-4.8

-13.5

-9.1

-9.1

Other Non Operating Income (Expenses)

0.7

-1.8

19.2

26.6

13.9

15.1

EBT, Excl. Unusual Items

420.5

485.4

1,036.2

820.5

1,078.8

1,114.4

Merger & Related Restructuring Charges

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Investments

24.7

-105.9

96.4

78.1

340.3

373

Asset Writedown

—

—

—

—

-20

—

—

-181.6

-78.7

-152.2

Other Unusual Items

—

—

—

-66.9

-206.3

-7.3

-12.2

EBT, Incl. Unusual Items

425.2

379.5

1,065.7

510.8

1,333.1

1,323

Income Tax Expense

52.4

55

147.4

71.9

173

166.4

Earnings From Continuing Operations

372.8

324.5

918.3

438.9

1,160.1

1,156.6

Minority Interest

-223.9

-172.3

-509.5

-271.4

-685.8

-703.3

Net Income

148.9

152.1

408.8

167.5

474.3

453.3

Preferred Dividend and Other Adjustments

29.4

32.2

40.2

14.1

21.3

23.3

Net Income to Common Incl Extra Items

119.5

120

368.6

153.4

453

430.1

Net Income to Common Excl. Extra Items

119.5

120

368.6

153.4

453

430.1

Total Shares Outstanding

115.2

147.2

171.8

177.4

190.6

194.5

Weighted Avg. Shares Outstanding

107.9

135.1

163.7

175.5

184.5

187.9

Weighted Avg. Shares Outstanding Dil

119.9

149.5

180.1

175.5

195.8

199.2

EPS

1.1

0.9

2.3

0.9

2.5

2.3

EPS Diluted

1.1

0.9

2.1

0.9

2.4

2.3

EBITDA

342.1

354.8

982.2

1,035.6

1,151.8

1,205.3

Effective Tax Rate

12.3%

14.5%

13.8%

14.1%

13%

12.6%