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XNYSARES
Market cap35bUSD
Dec 24, Last price  
181.06USD
1D
1.15%
1Q
14.56%
Jan 2017
843.02%
IPO
873.44%
Name

Ares Management Corp

Chart & Performance

D1W1MN
XNYS:ARES chart
P/E
75.73
P/S
9.89
EPS
2.39
Div Yield, %
2.87%
Shrs. gr., 5y
15.31%
Rev. gr., 5y
30.53%
Revenues
3.63b
+18.87%
206,965,000334,046,000478,655,000603,889,000814,442,0001,254,373,0001,479,943,000958,461,0001,765,438,0001,764,046,0004,212,091,0003,055,443,0003,631,884,000
Net income
474m
+209.12%
97,348,000220,646,000180,482,00034,571,00018,717,00098,367,00050,890,00028,372,000119,514,000119,988,000368,624,000153,445,000474,326,000
CFO
-233m
L-68.23%
2,489,292,0002,747,921,0002,174,892,0001,532,588,000-527,986,000-625,655,000-1,863,095,000-1,417,102,000-2,083,021,000-425,659,000-2,596,045,000-734,112,000-233,261,000
Dividend
Sep 13, 20240.93 USD/sh
Earnings
Feb 06, 2025

Profile

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.
IPO date
May 02, 2014
Employees
2,577
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
3,631,884
18.87%
3,055,443
-27.46%
4,212,091
138.77%
Cost of revenue
2,754,366
2,318,487
3,305,055
Unusual Expense (Income)
NOPBT
877,518
736,956
907,036
NOPBT Margin
24.16%
24.12%
21.53%
Operating Taxes
172,971
71,891
147,385
Tax Rate
19.71%
9.76%
16.25%
NOPAT
704,547
665,065
759,651
Net income
474,326
209.12%
153,445
-58.37%
368,624
207.22%
Dividends
(1,030,666)
(836,364)
(604,356)
Dividend yield
4.43%
6.96%
4.13%
Proceeds from repurchase of equity
(1,116,922)
(188,476)
638,545
BB yield
4.80%
1.57%
-4.36%
Debt
Debt current
176,640
168,046
127,771
Long-term debt
15,900,497
13,356,806
12,571,520
Deferred revenue
(61,410)
(75,629)
Other long-term liabilities
13,966
1,616,541
1,406,230
Net debt
(4,647,167)
(4,769,143)
(5,194,497)
Cash flow
Cash from operating activities
(233,261)
(734,112)
(2,596,045)
CAPEX
(67,183)
(35,796)
(27,226)
Cash from investing activities
(111,079)
(337,379)
(1,084,633)
Cash from financing activities
292,126
1,128,063
3,503,625
FCF
(1,841,236)
25,819
3,040,266
Balance
Cash
1,497,785
1,114,628
1,392,846
Long term investments
19,226,519
17,179,367
16,500,942
Excess cash
20,542,710
18,141,223
17,683,183
Stockholders' equity
2,083,277
1,827,864
1,900,867
Invested Capital
19,032,680
16,860,121
15,738,376
ROIC
3.93%
4.08%
5.45%
ROCE
4.16%
3.93%
5.12%
EV
Common stock shares outstanding
195,773
175,511
180,112
Price
118.92
73.76%
68.44
-15.79%
81.27
72.73%
Market cap
23,281,376
93.82%
12,011,959
-17.94%
14,637,724
108.09%
EV
21,215,123
9,452,195
11,432,426
EBITDA
1,109,230
1,078,297
1,020,329
EV/EBITDA
19.13
8.77
11.20
Interest
860,876
Interest/NOPBT
98.10%