Ares Management Corporation (ARES)

Ares Management Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 4, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	53,303	35,739	22,485	12,108	13,906	6,767
Market Cap Growth	1.69%	58.95%	85.71%	-12.93%	105.48%	65.25%
Enterprise Value	64,529	52,298	38,808	26,791	26,642	17,737
Last Close Price	163.07	173.39	113.56	63.26	72.51	40.79
PE Ratio	68.40	87.13	49.63	78.91	37.72	56.40
Forward PE	26.96	35.79	27.68	17.97	26.90	23.68
PS Ratio	6.48	9.20	6.19	3.96	3.30	3.84
PB Ratio	11.92	4.83	4.48	2.47	2.83	2.63
P/TBV Ratio	-	-	-	-	-	22.42
P/FCF Ratio	11.86	13.24	-	-	-	-
P/OCF Ratio	11.69	12.80	-	-	-	-
PEG Ratio	1.06	1.51	1.25	1.54	1.54	1.48
EV/Sales Ratio	12.05	13.46	10.69	8.77	6.33	10.06
EV/EBITDA Ratio	48.80	45.41	33.69	25.87	27.13	49.99
EV/EBIT Ratio	58.38	52.66	42.18	38.59	30.66	56.57
EV/FCF Ratio	14.36	19.37	-	-	-	-
Debt / Equity Ratio	1.47	1.78	3.14	2.72	2.55	4.24
Debt / EBITDA Ratio	9.04	10.79	13.12	12.37	12.25	28.21
Debt / FCF Ratio	2.83	4.87	-	-	-	-
Asset Turnover	0.21	0.16	0.16	0.14	0.23	0.13
Quick Ratio	0.43	0.86	0.64	0.54	0.59	0.94
Current Ratio	0.49	0.91	0.68	0.57	0.61	0.99
Return on Equity (ROE)	17.09%	17.89%	23.37%	8.94%	24.55%	14.65%
Return on Assets (ROA)	2.68%	2.50%	2.46%	1.99%	2.95%	1.44%
Return on Capital (ROIC)	3.32%	3.00%	2.95%	2.43%	3.52%	1.64%
Return on Capital Employed (ROCE)	5.30%	4.90%	4.50%	3.80%	5.00%	2.30%
Earnings Yield	0.96%	1.30%	2.11%	1.38%	2.94%	2.25%
FCF Yield	8.43%	7.55%	-1.34%	-6.36%	-18.87%	-6.53%
Dividend Yield	2.75%	2.15%	2.71%	3.86%	2.59%	3.92%
Payout Ratio	187.92%	168.88%	126.48%	267.18%	81.98%	166.39%
Buyback Yield / Dilution	-3.21%	-1.17%	-11.54%	2.56%	-20.47%	-24.72%
Total Shareholder Return	-0.47%	0.98%	-8.83%	6.41%	-17.88%	-20.80%

Updated Nov 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q