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ARES

71.08USD-1.17(-1.62%)Market Closed

Ares Management Corp

Market Summary

USD71.08-1.17Market Closed
-1.62%

ARES Alerts

ARES Stock Price

RSI Chart

Valuation

Market Cap

22.6B

Price/Earnings

76.72

Price/Sales

6.32

Price/Cashflow

-10.78

MarketCap/EBT

28.8

Price/Sales

Profitability

EBT Margin

21.93%

Return on Equity

17.96%

Return on Assets

1.39%

Fundamentals

Revenue

Revenue Y/Y

-15.54%

Revenue Q/Q

33.23%

Earnings

Earnings (TTM)

174.1M

Earnings Y/Y

-141.95%

Earnings Q/Q

-189.47%

Price Action

52 Week Range

53.1586.06
(Low)(High)

Last 7 days

-6.6%

Last 30 days

-7.9%

Last 90 days

-4.0%

Trailing 12 Months

-8.2%

Financial Health

Investor Care

Dividend Yield

1.9%

Shares Dilution (1Y)

1.48%

Peers (Alternatives to Ares Management)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
65.4B
12.6B
-12.56% -38.85%
16.4
3.69
-38.48% -50.30%
44.1B
7.2B
10.72% -33.94%
54.21
4.47
-48.93% -107.37%
33.8B
-
2.53% 11.46%
10.39
2.44
6.62% 23.70%
11.8B
8.5B
14.02% -14.10%
6.85
1.39
8.20% -29.45%
MID-CAP
7.0B
6.1B
19.02% -15.45%
6.52
1.05
-10.24% -21.61%
5.7B
2.3B
4.60% -8.31%
13.64
2.45
37.27% 18.12%
4.9B
2.5B
27.50% -4.69%
8.64
1.96
12.94% 26.03%
4.3B
3.1B
-2.63% -17.97%
8.25
1.39
-0.74% 3.54%
4.2B
3.3B
2.52% -18.43%
5.85
1.25
22.65% 29.46%
3.8B
2.4B
16.39% -34.12%
10.08
1.48
-12.52% -39.61%
SMALL-CAP
1.5B
597.8M
2.65% -4.20%
20.95
2.59
20.12% 2505.47%
583.5M
40.3M
-6.82% 27.73%
26.07
14.48
0.18% -6.36%
549.5M
162.6M
0.06% -3.85%
12.62
4.08
-6.65% -38.27%
274.0M
554.5M
0.21% -49.95%
13.13
0.47
-42.93% -98.83%
163.8M
197.7M
0.84% -7.62%
10.75
0.8
5.01% -28.06%

Financials for Ares Management

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q32021Q2
RevenueNaN%nullnullnullnullnull
Operating Expenses2.8%3,1103,0253,4972,855
  S&GA Expenses34.5%721536497436
Earnings Before Taxes-39.2%4777841,0371,032
Net Income-40.9%174294396364
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.1%21,20621,22621,13121,60519,934
    Cash Equivalents43.0%362253346344296
  Goodwill-0.2%9979981,000788-
Liabilities1.1%16,64216,46516,36716,69515,295
Shareholder's Equity-7.8%1,5121,6391,6931,8251,753
  Retained Earnings-65.1%-374.20-226.70-154.93-89.38-128.98
  Additional Paid-In Capital1.7%1,9121,8801,8511,9141,882
Shares Outstanding0.1%294294293290290
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations38.1%-1,295.90-2,095.20-1,630.78-2,596.04-2,281.87
  Share Based Compensation-8.3%197215235237223
Cashflow From Investing44.7%-342.10-618.66-1,391.50-1,084.63-1,082.90
Cashflow From Financing-28.3%1,7382,4242,7793,5042,809

Risks

What is the probability of a big loss on ARES?

54.6%


Probability that Ares Management stock will be more than 20% underwater in next one year

28.9%


Probability that Ares Management stock will be more than 30% underwater in next one year.

18.5%


Probability that Ares Management stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ARES drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Ares Management was unfortunately bought at previous high price.

Returns

Cumulative Returns on ARES

32.5%


7-Year Cumulative Returns

35.9%


5-Year Cumulative Returns

34.4%


3-Year Cumulative Returns

What are the long-term rolling returns for ARES?

FIve years rolling returns for Ares Management.

Which funds bought or sold ARES recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
390,000
390,000
0.40%
2022-11-23
Toroso Investments, LLC
ADDED
4.75
37,000
298,000
0.01%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
475
4,000
-%
2022-11-22
Seaport Global Advisors, LLC
-
-
-15,000
350,000
1.43%
2022-11-22
Capital Impact Advisors, LLC
-
-
-47,000
208,000
0.21%
2022-11-22
CVA Family Office, LLC
-
-
-
7,000
-%
2022-11-21
DEARBORN PARTNERS LLC
-
-
1,232,000
7,252,000
0.32%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
740,000
11,520,000
0.02%
2022-11-17
M&T Bank Corp
-
-
169,000
1,208,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-121,000
-
-%

1–10 of 44

Latest Funds Activity

Are funds buying ARES calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own ARES

Ares Management News

Investing.com

Blackstone CEO says financially distressed investors driving REIT redemptions By Reuters.69 minutes ago

The Wall Street Journal

Marketscreener.com

Private Equity International

ARES Fair Value

Recent SEC filings of Ares Management

View All Filings
Date Filed Form Type Document
Nov 16, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 07, 2022
10-Q
Quarterly Report
Nov 03, 2022
4
Insider Trading
Oct 27, 2022
4
Insider Trading
Oct 27, 2022
4
Insider Trading

Latest Insider Trading transactions for ARES

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-14
Rosenthal Bennett
SOLD
-16,048,300
80.2414
-200,000
Co-Founder & Co-Chair of PEG
2022-11-11
Arougheti Michael J
SOLD
-799,376
85.04
-9,400
Co-Founder, CEO and President
2022-11-11
RESSLER ANTONY P
SOLD
-7,309,270
84.7137
-86,282
Co-Founder & Exec. Chairman
2022-11-10
Sagati Aghili Naseem
SOLD
-1,273,800
84.92
-15,000
General Counsel
2022-11-10
Arougheti Michael J
SOLD
-253,615
85.02
-2,983
Co-Founder, CEO and President
2022-11-10
RESSLER ANTONY P
SOLD
-38,486,900
84.4065
-455,971
Co-Founder & Exec. Chairman
2022-11-09
RESSLER ANTONY P
SOLD
-5,683,200
80.21
-70,854
Co-Founder & Exec. Chairman
2022-11-08
RESSLER ANTONY P
SOLD
-11,931,200
80.1
-148,954
Co-Founder & Exec. Chairman
2022-11-01
Berry Ryan
SOLD FOR TAXES
-4,839,710
78.09
-61,976
Chief Mktg. & Strategy Officer
2022-10-27
KAPLAN DAVID B
SOLD
-14,094,300
73.1102
-192,782
Co-Founder & Co-Chair of PEG

1–10 of 50

Michael J. Arougheti
2100
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.

ARES Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Total revenues$ 801,290$ 948,719$ 2,117,719$ 2,901,926
Expenses    
Compensation and benefits425,419335,5691,155,031837,108
Performance related compensation142,934331,141316,8181,208,954
General, administrative and other expenses319,352134,453562,441285,471
Total expenses898,102813,2672,062,6542,363,108
Other income (expense)    
Net realized and unrealized gains on investments4,4318,33410,76518,744
Interest and dividend income2,0861,3765,0646,818
Interest expense(18,307)(11,523)(51,174)(25,125)
Other income, net2,60136,65410,19430,686
Total other income (expense)36,434111,536112,932218,011
Income (loss) before taxes(60,378)246,988167,997756,829
Income tax expense (benefit)(11,599)30,27522,272104,487
Net income (loss)(48,779)216,713145,725652,342
Net income (loss) attributable to Ares Management Corporation(35,546)84,72650,048284,748
Less: Series A Preferred Stock dividends paid00010,850
Less: Series A Preferred Stock redemption premium00011,239
Net income (loss) attributable to Ares Management Corporation Class A and non-voting common stockholders$ (35,546)$ 84,726$ 50,048$ 262,659
Class A Common Stock    
Net income (loss) per share of Class A and non-voting common stock:    
Basic (in dollars per share)$ (0.22)$ 0.49$ 0.23$ 1.55
Diluted (in dollars per share)$ (0.22)$ 0.45$ 0.23$ 1.48
Weighted-average shares of Class A and non-voting common stock:    
Basic (in shares)175,631,144168,931,621175,010,241161,071,151
Diluted (in shares)175,631,144186,522,157175,010,241177,143,438
Non-voting Common Stock    
Net income (loss) per share of Class A and non-voting common stock:    
Basic (in dollars per share)$ (0.22)$ 0.49$ 0.23$ 1.55
Diluted (in dollars per share)$ (0.22)$ 0.45$ 0.23$ 1.48
Weighted-average shares of Class A and non-voting common stock:    
Basic (in shares)175,631,144168,931,621175,010,241161,071,151
Diluted (in shares)175,631,144186,522,157175,010,241177,143,438
Consolidated Funds     
Expenses    
Expenses of Consolidated Funds$ 10,397$ 12,104$ 28,364$ 31,575
Other income (expense)    
Net realized and unrealized gains on investments(30)34,2458,03144,720
Interest expense(112,762)(61,578)(266,028)(191,577)
Interest and other income of Consolidated Funds158,415104,028396,080333,745
Less: Net income (loss) attributable to non-controlling interests16,34047,37048,700102,255
Ares Operating Group    
Other income (expense)    
Net income (loss)(65,119)169,34397,025550,087
Less: Net income (loss) attributable to non-controlling interests(29,666)84,29346,942264,646
Less: Net income attributable to redeemable interest in Ares Operating Group entities9332435693
Management fees    
Revenues    
Total revenues548,458448,2621,546,3501,135,821
Carried interest allocation    
Revenues    
Total revenues192,186460,651417,7791,610,707
Incentive fees    
Revenues    
Total revenues8,88269629,97919,420
Principal investment income    
Revenues    
Total revenues11,58214,25015,52186,477
Administrative, transaction and other fees    
Revenues    
Total revenues$ 40,182$ 24,860$ 108,090$ 49,501