Ares Management Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 21, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	39,528	35,875	36,001	22,661	12,140	13,966
Market Cap Growth	-4.03%	-0.35%	58.87%	86.67%	-13.07%	101.67%
Enterprise Value	52,303	54,535	51,727	40,048	26,540	28,152
Last Close Price	119.84	161.63	177.03	118.92	68.44	81.27
PE Ratio	67.92	94.52	86.78	49.14	78.67	37.80
Forward PE	19.66	26.71	35.79	27.68	17.97	26.90
PEG Ratio	1.08	1.04	1.51	1.25	1.54	1.54
PS Ratio	7.06	6.40	9.27	6.24	3.97	3.32
PB Ratio	9.45	8.39	10.16	11.97	7.64	7.65
P/TBV Ratio	6.09	8.22	9.89	12.30	7.56	8.02
P/FCF Ratio	12.37	11.23	13.34	-75.43	-15.77	-5.32
P/OCF Ratio	12.10	10.98	12.90	-97.15	-16.54	-5.38
EV/Sales Ratio	9.34	9.74	13.32	11.03	8.69	6.68
EV/EBITDA Ratio	42.14	48.01	46.83	37.58	40.98	30.76
EV/EBIT Ratio	52.29	61.09	54.67	48.02	86.63	35.10
EV/FCF Ratio	16.37	17.07	19.16	-133.29	-34.47	-10.73
Debt / Equity Ratio	1.63	1.63	1.78	3.14	3.54	2.54
Debt / EBITDA Ratio	12.52	12.52	11.90	14.78	20.59	13.65
Debt / FCF Ratio	4.45	4.45	4.87	-52.44	-17.32	-4.76
Net Debt / Equity Ratio	2.99	2.99	2.94	7.53	7.69	6.08
Net Debt / EBITDA Ratio	11.25	11.25	9.43	13.38	18.87	12.13
Net Debt / FCF Ratio	4.00	4.00	3.86	-47.46	-15.87	-4.23
Asset Turnover	0.21	0.21	0.16	0.16	0.14	0.23
Quick Ratio	0.25	0.25	0.63	0.38	0.30	0.33
Current Ratio	0.54	0.54	0.92	0.64	0.53	0.56
Return on Equity (ROE)	13.52%	13.52%	17.89%	26.39%	10.11%	24.55%
Return on Assets (ROA)	2.82%	2.82%	3.32%	3.11%	1.21%	3.76%
Return on Invested Capital (ROIC)	3.72%	3.72%	4.36%	3.93%	1.57%	4.81%
Return on Capital Employed (ROCE)	4.11%	4.11%	4.58%	4.28%	1.72%	5.19%
Earnings Yield	1.19%	1.06%	1.15%	2.03%	1.27%	2.65%
FCF Yield	8.08%	8.91%	7.50%	-1.33%	-6.34%	-18.78%
Dividend Yield	4.51%	5.00%	3.74%	4.70%	7.80%	4.46%
Payout Ratio	266.93%	412.26%	297.28%	217.29%	558.89%	153.46%
Buyback Yield / Dilution	-9.75%	-9.75%	-1.17%	-11.54%	2.55%	-20.47%
Total Shareholder Return	-5.24%	-4.75%	2.57%	-6.85%	10.35%	-16.01%

Updated Feb 5, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q