Stock ARES ARES MANAGEMENT CORPORATION
Add to a list
To use this feature you must be a member
Log inSign up

Financials Ares Management Corporation

Equities

ARES

US03990B1017

Investment Management & Fund Operators

Market Closed - Nyse
Other stock markets
 16:00:07 2024-05-03 EDT 		5-day change 1st Jan Change
131.9 USD -2.06% Intraday chart for Ares Management Corporation -1.31% +10.89%
05-03 News Highlights : Top Financial Services News of the Day - Friday at 4 PM ET DJ
05-03 News Highlights : Top Financial Services News of the Day - Friday at 11 AM ET DJ

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,095 6,767 13,906 12,108 22,485 25,674 - -
Enterprise Value (EV) 1 11,748 16,428 24,802 12,108 22,485 28,332 25,674 25,674
P/E ratio 21.4 x 25.3 x 37.8 x 20.4 x 32.6 x 29.5 x 21.6 x 16.5 x
Yield 3.81% 3.4% 2.31% - 2.59% 2.78% 3.37% 3.58%
Capitalization / Revenue 2.32 x 3.84 x 6.12 x 4.32 x 7.46 x 6.7 x 5.15 x 4.28 x
EV / Revenue 6.65 x 9.31 x 10.9 x 4.32 x 7.46 x 7.39 x 5.15 x 4.28 x
EV / EBITDA 23.3 x 26.4 x 28.1 x 10.7 x 17.8 x 14.2 x 9.73 x 8.48 x
EV / FCF - - - - -74,839,247 x - - -
FCF Yield - - - - -0% - - -
Price to Book 5.01 x 10.2 x 12.8 x - 11.8 x 8.48 x 7.05 x 5.94 x
Nbr of stocks (in thousands) 114,746 143,832 171,103 176,910 189,077 194,636 - -
Reference price 2 35.69 47.05 81.27 68.44 118.9 131.9 131.9 131.9
Announcement Date 20-02-13 21-02-11 22-02-11 23-02-09 24-02-08 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,765 1,764 2,272 2,803 3,013 3,832 4,981 5,999
EBITDA 1 503.5 622.6 882.9 1,131 1,266 1,990 2,638 3,028
EBIT 1 462.9 582 776.2 795.9 1,032 1,270 1,804 2,358
Operating Margin 26.22% 32.99% 34.16% 28.39% 34.26% 33.13% 36.22% 39.3%
Earnings before Tax (EBT) 1 503.5 582 882.9 1,131 1,266 1,614 2,241 -
Net income 1 193.2 266.8 408.8 1,062 702.5 894.6 1,259 1,627
Net margin 10.94% 15.13% 17.99% 37.88% 23.31% 23.34% 25.27% 27.12%
EPS 2 1.670 1.860 2.150 3.350 3.650 4.465 6.115 7.976
Free Cash Flow - - - - -300.4 - - -
FCF margin - - - - -9.97% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.360 1.600 1.880 - 3.080 3.662 4.442 4.728
Announcement Date 20-02-13 21-02-11 22-02-11 23-02-09 24-02-08 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 504.2 847.9 559.4 618.2 610.6 1,083 675.7 674.8 699.4 977.2 755.4 858.8 912.4 1,287 1,058
EBITDA - - - - - - - - - - - - - - -
EBIT 1 162.2 305.4 183.9 206.9 -0.12 381 208.6 269.2 158.9 395.6 285.1 308.1 324.3 388.4 386.4
Operating Margin 32.17% 36.01% 32.88% 33.47% -0.02% 35.18% 30.88% 39.89% 22.72% 40.48% 36.21% 35.88% 35.54% 30.17% 36.53%
Earnings before Tax (EBT) 1 198.9 340.3 222 247.2 243.4 418.3 254.3 312.2 264.5 434.6 289.2 372.1 384.1 578.3 458.9
Net income 1 84.7 124.1 118.2 135.3 136.8 388.7 232 170.2 161 237.9 265.1 201.3 210.6 313.6 251.7
Net margin 16.8% 14.64% 21.14% 21.89% 22.4% 35.9% 34.34% 25.22% 23.02% 24.35% 35.09% 23.45% 23.09% 24.36% 23.8%
EPS 2 0.4500 0.6600 0.6500 0.7400 0.7500 1.210 0.7100 0.9000 0.8300 1.210 0.8000 1.017 1.052 1.538 1.236
Dividend per Share 2 0.4700 0.4700 0.6100 0.6100 0.6100 - 0.7700 0.7700 0.7700 0.7700 0.9271 0.9057 0.9057 0.9257 1.055
Announcement Date 21-10-27 22-02-11 22-04-28 22-07-28 22-10-27 23-02-09 23-04-28 23-08-01 23-10-31 24-02-08 24-05-02 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 7,653 9,661 10,896 - - 2,657 - -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 15.2 x 15.52 x 12.34 x - - 1.336 x - -
Free Cash Flow - - - - -300 - - -
ROE (net income / shareholders' equity) 22% 27.2% 27.1% - 40.3% 38.8% 41.9% 44.9%
ROA (Net income/ Total Assets) 1.39% 1.96% 2.22% - 3.01% - - -
Assets 1 13,900 13,592 18,387 - 23,339 - - -
Book Value Per Share 2 7.120 4.600 6.360 - 10.10 15.60 18.70 22.20
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 20-02-13 21-02-11 22-02-11 23-02-09 24-02-08 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Ares Management Corporation

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
131.9 USD
Average target price
146.6 USD
Spread / Average Target
+11.14%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Investment Management

1st Jan change Capi.
ARES MANAGEMENT CORPORATION Stock Ares Management Corporation
+10.89% 25.67B
BLACKSTONE INC. Stock Blackstone Inc.
-9.88% 85.22B
KKR & CO. INC. Stock KKR & Co. Inc.
+14.68% 84.08B
LEGAL & GENERAL PLC Stock Legal & General Plc
-4.06% 17.89B
THE CARLYLE GROUP INC. Stock The Carlyle Group Inc.
+0.91% 14.75B
FRANKLIN RESOURCES, INC. Stock Franklin Resources, Inc.
-21.52% 12.3B
HDFC ASSET MANAGEMENT COMPANY LIMITED Stock HDFC Asset Management Company Limited
+22.24% 10.03B
BLUE OWL CAPITAL INC. Stock Blue Owl Capital Inc.
+20.47% 8.36B
LUMINE GROUP INC. Stock Lumine Group Inc.
+27.09% 7.13B
INFRATIL LIMITED Stock Infratil Limited
+8.47% 5.45B
Investment Management
  1. Stock Market
  2. Equities
  3. ARES Stock
  4. Financials Ares Management Corporation