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ARES

ARES - Ares Management Corp Stock Price, Fair Value and News

133.96USD+2.34 (+1.78%)Market Closed
Watchlist

Market Summary

USD133.96+2.34
Market Closed
1.78%

ARES Alerts

  • 1 major insider sales recently.

ARES Stock Price

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ARES RSI Chart

ARES Valuation

Market Cap

41.0B

Price/Earnings (Trailing)

54.05

Price/Sales (Trailing)

11.66

EV/EBITDA

33.35

Price/Free Cashflow

300.77

ARES Price/Sales (Trailing)

ARES Profitability

EBT Margin

33.93%

Return on Equity

43.76%

Return on Assets

3.24%

Free Cashflow Yield

0.33%

ARES Fundamentals

ARES Revenue

Revenue (TTM)

3.5B

Rev. Growth (Yr)

-16.23%

Rev. Growth (Qtr)

-38.6%

ARES Earnings

Earnings (TTM)

758.4M

Earnings Growth (Yr)

503.81%

Earnings Growth (Qtr)

-40.72%

Breaking Down ARES Revenue

Last 7 days

-1.3%

Last 30 days

14.3%

Last 90 days

26.1%

Trailing 12 Months

59.8%

How does ARES drawdown profile look like?

ARES Financial Health

Debt/Equity

1.35

Debt/Cashflow

0.06

ARES Investor Care

Dividend Yield

1.08%

Dividend/Share (TTM)

1.46

Shares Dilution (1Y)

4.02%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.2B3.6B3.5B0
20224.3B3.6B3.4B3.1B
20212.4B3.1B3.6B4.2B
20201.8B1.8B1.8B1.8B
20191.2B1.4B1.6B1.8B
20181.5B1.1B1.1B958.5M
20171.3B1.5B1.5B1.5B
2016680.6M808.9M1.0B1.2B
2015740.2M849.7M818.4M814.4M
2014504.7M547.1M586.3M603.9M
2013370.2M406.4M442.5M478.7M
2012000334.0M

Tracking the Latest Insider Buys and Sells of Ares Management Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 16, 2024
deveer r. kipp
sold
-10,906,000
135
-80,637
head of credit group
Feb 15, 2024
deveer r. kipp
sold
-6,555,280
135
-48,416
head of credit group
Feb 14, 2024
deveer r. kipp
sold
-11,299,200
136
-82,796
head of credit group
Jan 31, 2024
sagati aghili naseem
acquired
-
-
50,000
general counsel
Jan 31, 2024
phillips jarrod
sold (taxes)
-589,178
121
-4,850
chief financial officer
Jan 31, 2024
phillips jarrod
acquired
-
-
70,000
chief financial officer
Jan 31, 2024
sagati aghili naseem
sold (taxes)
-1,874,800
121
-15,433
general counsel
Jan 31, 2024
berry ryan
acquired
-
-
50,000
chief mktg. & strategy officer
Jan 31, 2024
arougheti michael j
sold (taxes)
-9,161,410
121
-75,415
co-founder, ceo and president
Jan 31, 2024
berry ryan
sold (taxes)
-1,443,670
121
-11,884
chief mktg. & strategy officer

1–10 of 50

Which funds bought or sold ARES recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 21, 2024
Raleigh Capital Management Inc.
added
187
1,908
2,700
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
268
374,521,000
489,222,000
0.07%
Feb 16, 2024
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
reduced
-2.82
314,077
2,858,360
-%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
added
31.59
19,518
56,963
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
9.02
2,336,310
11,311,300
0.04%
Feb 15, 2024
JANE STREET GROUP, LLC
reduced
-29.59
-1,321,850
5,783,790
-%
Feb 15, 2024
BARCLAYS PLC
added
31.49
18,110,000
52,933,000
0.02%
Feb 15, 2024
Partners Group Holding AG
added
77.58
25,374,800
49,475,200
2.47%
Feb 15, 2024
Morse Asset Management, Inc
new
-
1,466,000
1,466,000
0.43%
Feb 15, 2024
MERCER GLOBAL ADVISORS INC /ADV
added
10.81
193,000
877,000
-%

1–10 of 43

Are Funds Buying or Selling ARES?

Are funds buying ARES calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ARES
No. of Funds

Unveiling Ares Management Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.83%
16,388,890
SC 13G/A
Feb 12, 2024
deveer r. kipp
0.44%
810,315
SC 13G/A
Feb 12, 2024
arougheti michael j
0.44%
825,000
SC 13G/A
Feb 12, 2024
rosenthal bennett
0.0%
0
SC 13G/A
Feb 12, 2024
ares partners holdco llc
43.06%
130,294,487
SC 13G/A
Feb 12, 2024
berry ryan
0.42%
782,926
SC 13G/A
Feb 12, 2024
ressler antony p
43.06%
130,294,487
SC 13G/A
Feb 12, 2024
kaplan david b
0.0%
0
SC 13G/A
Feb 09, 2024
capital world investors
6.0%
11,075,711
SC 13G/A
Feb 08, 2024
wellington management group llp
8.54%
15,858,094
SC 13G/A

Recent SEC filings of Ares Management Corp

View All Filings
Date Filed Form Type Document
Feb 16, 2024
144
Notice of Insider Sale Intent
Feb 16, 2024
4
Insider Trading
Feb 15, 2024
144
Notice of Insider Sale Intent
Feb 14, 2024
144
Notice of Insider Sale Intent
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to Ares Management Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
121.1B
17.6B
-0.70% 10.54%
22.48
6.89
-5.78% -3.16%
90.5B
8.4B
7.16% 37.32%
50.34
10.72
-32.87% -30.57%
43.1B
18.6B
0.55% 7.30%
11.88
2.31
67.84% 25.27%
41.0B
3.5B
14.29% 59.79%
54.05
11.66
2.56% 181.07%
14.3B
7.9B
-3.98% -11.80%
14.74
1.81
-1.81% -3.56%
MID-CAP
7.0B
5.7B
-10.65% -17.61%
-21.03
1.23
-5.50% -148.79%
5.2B
2.1B
6.01% -5.79%
7.69
2.51
-11.67% -41.28%
3.8B
-
-1.75% -17.19%
14.55
-
- -3.64%
3.5B
495.8M
5.25% -2.95%
26.75
7.11
-17.53% -35.12%
3.3B
952.1M
-0.40% 20.01%
15.82
3.5
-12.03% -11.83%
2.5B
714.4M
6.94% 20.68%
21.65
3.46
19.52% 26.73%
SMALL-CAP
1.0B
237.0M
8.16% -17.24%
-1.1K
4.28
27.67% -103.47%
933.5M
418.1M
12.08% -
12.72
2.23
-8.59% -32.91%
722.6M
27.2M
-3.61% -8.80%
20.78
26.58
63.80% 165.45%
7.6M
737.5M
-36.11% -83.88%
-3.99
0.01
24.02% -119.80%

Ares Management Corp News

Latest updates
MarketBeat14 hours ago
Simply Wall St20 Feb 202408:06 pm
Yahoo Finance20 Feb 202410:31 am
Simply Wall St19 Feb 202408:00 pm
InvestorsObserver15 Feb 202411:33 am

Ares Management Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-38.6%6711,0938139388016017151,3109491,295658658490603520437466385477247241
Operating Expenses-33.0%5618386296868985536121,0478131,02552549239348482.00362396336369216227
  S&GA Expenses50.1%21214114813331912312118313483.0019.0018120.0058.0021.0029.0021.0020.0021.0019.0018.00
EBITDA Margin0.1%0.37*0.37*0.32*0.30*0.18*0.26*0.27*0.30*0.28*0.31*0.37*0.23*0.24*0.21*0.16*0.40*0.36*0.38*0.40*0.39*-
Interest Expenses0.5%26.0026.0025.0020.0018.0017.0016.00-22.2812.007.0075.00-16668.006.0081.0026.0072.0069.0066.0020.0063.00
Income Taxes-39.9%30.0050.0034.0050.00-11.6013.0020.0043.0030.0048.0026.0033.0018.0024.00-20.6217.0012.0010.0014.003.005.00
Earnings Before Taxes-40.6%227382241343-60.3867.00161309247320190275160241-29610110484.0013619.0052.00
EBT Margin36.6%0.34*0.25*0.19*0.17*0.14*0.22*0.24*0.25*0.29*0.30*0.36*0.22*0.12*0.08*0.00*0.24*0.22*0.22*0.22*0.19*-
Net Income-40.7%19733220722.00-48.7854.0014112485.0014258.0079.0048.0056.00-31.0484.0033.0032.0012212.0016.00
Net Income Margin53.4%0.22*0.14*0.07*0.05*0.08*0.11*0.12*0.10*0.10*0.11*0.10*0.09*0.09*0.08*0.07*0.15*0.13*0.13*0.12*0.06*-
Free Cashflow145.3%318-703704-19421.00-796220-756-778-331-745-442159208-367-406-392-945-353302-
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.1%23,38423,11921,92922,00321,20621,22621,13121,60519,93418,64016,53615,16914,92913,72013,21712,01411,59710,98010,48910,15510,422
    Cash Equivalents12.6%3122772723903622533461,0492965836105408698901,168138152247120110122
  Goodwill0.0%9989989991,0009979981,000788---371-------144144
Liabilities1.3%18,34018,10317,34217,09816,64216,46516,36716,69515,29514,18213,08512,59712,45911,71611,24110,1569,7549,3779,0098,7608,930
  Long Term Debt1.8%2,3402,3002,3692,2742,0188157871,504724422469482523541606450393383396455364
Shareholder's Equity-56.6%1,7333,9924,0791,5893,4683,6683,6683,8143,5413,4412,4212,4722,3712,0041,9761,8591,8431,6021,4801,3941,491
  Retained Earnings-21.1%-515-425-420-369-374-226-154-89.38-128-131-173-151-164-145-138-50.82-44.31-35.25-25.18-29.34-
  Additional Paid-In Capital3.7%2,2632,1822,1001,9711,9121,8801,8511,9141,8821,7501,0341,0441,012800747525508380332326-
Shares Outstanding0.5%306304302295294294293290290284262260258250248115115107103102-
Minority Interest26.0%-4.97-6.71-14.63-12.25-17.38-15.59-13.26-5.511,3231,258706738--------375
Float------9,099---9,290---4,470---1,980---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations145.5%318-699708-19025.00-792224-752-774-327-741-438163212-363-402-388-941-349306-435
Cashflow From Investing-88.2%-23.05-12.25-8.88-7.33-9.92-9.98-310-12.05-286-782-3.28-10.33-82.51-5.02-38.91-4.72-6.42-2.66-2.99-3.98-7.31
Cashflow From Financing-133.7%-244724-82120111272293.008117981,078817116-134-4831,4463723061,092353-327440
  Buy Backs-41.2%12.0020.001137.005.006.001835.0012016.0085.0020.001.001.0074.00-10.54-10.0021.00--

ARES Income Statement

2023-09-30
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues    
Total revenues$ 671,255$ 801,290$ 2,577,903$ 2,117,719
Expenses    
Compensation and benefits367,502425,4191,095,8331,155,031
Performance related compensation(25,448)142,934401,990316,818
General, administrative and other expenses211,842319,352501,340562,441
Total expenses560,960898,1022,027,3342,062,654
Other income (expense)    
Net realized and unrealized gains (losses) on investments(1,770)4,4315,22610,765
Interest and dividend income4,7522,08611,2815,064
Interest expense(25,975)(18,307)(76,800)(51,174)
Other income (expense), net5,7422,601(1,068)10,194
Total other income, net116,57736,434299,394112,932
Income (loss) before taxes226,872(60,378)849,963167,997
Income tax expense (benefit)29,898(11,599)113,41822,272
Net income (loss)196,974(48,779)736,545145,725
Net income (loss) attributable to Ares Management Corporation Class A and non-voting common stockholders$ 61,823$ (35,546)$ 300,376$ 50,048
Class A Common Stock    
Net income (loss) per share of Class A and non-voting common stock:    
Basic (in dollars per share)$ 0.30$ (0.22)$ 1.54$ 0.23
Diluted (in dollars per share)$ 0.30$ (0.22)$ 1.54$ 0.23
Weighted-average shares of Class A and non-voting common stock:    
Basic (in shares)186,218,638175,631,144182,757,955175,010,241
Diluted (in shares)186,218,638175,631,144182,757,955175,010,241
Non-voting Common Stock    
Net income (loss) per share of Class A and non-voting common stock:    
Basic (in dollars per share)$ 0.30$ (0.22)$ 1.54$ 0.23
Diluted (in dollars per share)$ 0.30$ (0.22)$ 1.54$ 0.23
Weighted-average shares of Class A and non-voting common stock:    
Basic (in shares)186,218,638175,631,144182,757,955175,010,241
Diluted (in shares)186,218,638175,631,144182,757,955175,010,241
Consolidated Funds     
Expenses    
Expenses of Consolidated Funds$ 7,064$ 10,397$ 28,171$ 28,364
Other income (expense)    
Net realized and unrealized gains (losses) on investments79,591(30)188,7178,031
Interest expense(201,363)(112,762)(540,954)(266,028)
Interest and other income of Consolidated Funds255,600158,415712,992396,080
Less: Net income (loss) attributable to non-controlling interests80,28916,340174,66348,700
Ares Operating Group    
Other income (expense)    
Net income (loss)116,685(65,119)561,88297,025
Less: Net income (loss) attributable to non-controlling interests54,104(29,666)261,83846,942
Less: Net income (loss) attributable to redeemable interest in Ares Operating Group entities75893(332)35
Management fees    
Revenues    
Total revenues637,517548,4581,853,3041,546,350
Carried interest allocation    
Revenues    
Total revenues(28,126)192,186541,828417,779
Incentive fees    
Revenues    
Total revenues16,4548,88233,32729,979
Principal investment income    
Revenues    
Total revenues9,33911,58238,98515,521
Administrative, transaction and other fees    
Revenues    
Total revenues$ 36,071$ 40,182$ 110,459$ 108,090
ARES
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.
 CEO
 WEBSITEwww.aresmgmt.com
 EMPLOYEES2577

Ares Management Corp Frequently Asked Questions


What is the ticker symbol for Ares Management Corp? What does ARES stand for in stocks?

ARES is the stock ticker symbol of Ares Management Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ares Management Corp (ARES)?

As of Wed Feb 21 2024, market cap of Ares Management Corp is 40.27 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ARES stock?

You can check ARES's fair value in chart for subscribers.

What is the fair value of ARES stock?

You can check ARES's fair value in chart for subscribers. The fair value of Ares Management Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ares Management Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ARES so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ares Management Corp a good stock to buy?

The fair value guage provides a quick view whether ARES is over valued or under valued. Whether Ares Management Corp is cheap or expensive depends on the assumptions which impact Ares Management Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ARES.

What is Ares Management Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Feb 21 2024, ARES's PE ratio (Price to Earnings) is 53.1 and Price to Sales (PS) ratio is 11.45. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ARES PE ratio will change depending on the future growth rate expectations of investors.