Ares Management Statistics
Total Valuation
ARES has a market cap or net worth of $53.81 billion. The enterprise value is $51.26 billion.
| Market Cap | 53.81B |
| Enterprise Value | 51.26B |
Important Dates
The last earnings date was Friday, November 1, 2024, before market open.
| Earnings Date | Nov 1, 2024 |
| Ex-Dividend Date | Dec 17, 2024 |
Share Statistics
ARES has 313.06 million shares outstanding. The number of shares has increased by 13.67% in one year.
| Current Share Class | 198.39M |
| Shares Outstanding | 313.06M |
| Shares Change (YoY) | +13.67% |
| Shares Change (QoQ) | +2.31% |
| Owned by Insiders (%) | 0.48% |
| Owned by Institutions (%) | 93.77% |
| Float | 193.87M |
Valuation Ratios
The trailing PE ratio is 78.67 and the forward PE ratio is 34.84. ARES's PEG ratio is 1.51.
| PE Ratio | 78.67 |
| Forward PE | 34.84 |
| PS Ratio | 9.10 |
| Forward PS | 11.90 |
| PB Ratio | 16.71 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 40.82 |
| P/OCF Ratio | 37.80 |
| PEG Ratio | 1.51 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 45.02, with an EV/FCF ratio of 38.88.
| EV / Earnings | 118.56 |
| EV / Sales | 13.93 |
| EV / EBITDA | 45.02 |
| EV / EBIT | 52.19 |
| EV / FCF | 38.88 |
Financial Position
The company has a current ratio of 0.59, with a Debt / Equity ratio of 2.45.
| Current Ratio | 0.59 |
| Quick Ratio | 0.54 |
| Debt / Equity | 2.45 |
| Debt / EBITDA | 11.99 |
| Debt / FCF | 10.94 |
| Interest Coverage | 1.01 |
Financial Efficiency
Return on equity (ROE) is 21.68% and return on invested capital (ROIC) is 3.10%.
| Return on Equity (ROE) | 21.68% |
| Return on Assets (ROA) | 2.56% |
| Return on Capital (ROIC) | 3.10% |
| Revenue Per Employee | $1.29M |
| Profits Per Employee | $151,701 |
| Employee Count | 2,850 |
| Asset Turnover | 0.15 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ARES has paid $174.31 million in taxes.
| Income Tax | 174.31M |
| Effective Tax Rate | 12.83% |
Stock Price Statistics
The stock price has increased by +60.53% in the last 52 weeks. The beta is 1.22, so ARES's price volatility has been higher than the market average.
| Beta (5Y) | 1.22 |
| 52-Week Price Change | +60.53% |
| 50-Day Moving Average | 162.51 |
| 200-Day Moving Average | 144.14 |
| Relative Strength Index (RSI) | 58.91 |
| Average Volume (20 Days) | 1,300,409 |
Short Selling Information
The latest short interest is 3.90 million, so 1.25% of the outstanding shares have been sold short.
| Short Interest | 3.90M |
| Short Previous Month | 3.25M |
| Short % of Shares Out | 1.25% |
| Short % of Float | 2.01% |
| Short Ratio (days to cover) | 2.78 |
Income Statement
In the last 12 months, ARES had revenue of $3.68 billion and earned $432.35 million in profits. Earnings per share was $2.19.
| Revenue | 3.68B |
| Gross Profit | 1.70B |
| Operating Income | 982.19M |
| Pretax Income | 21.93M |
| Net Income | 432.35M |
| EBITDA | 1.14B |
| EBIT | 982.19M |
| Earnings Per Share (EPS) | $2.19 |
Balance Sheet
The company has $1.67 billion in cash and $14.42 billion in debt, giving a net cash position of -$12.76 billion or -$40.74 per share.
| Cash & Cash Equivalents | 1.67B |
| Total Debt | 14.42B |
| Net Cash | -12.76B |
| Net Cash Per Share | -$40.74 |
| Equity (Book Value) | 5.88B |
| Book Value Per Share | 10.29 |
| Working Capital | -1.87B |
Cash Flow
In the last 12 months, operating cash flow was $1.42 billion and capital expenditures -$105.21 million, giving a free cash flow of $1.32 billion.
| Operating Cash Flow | 1.42B |
| Capital Expenditures | -105.21M |
| Free Cash Flow | 1.32B |
| FCF Per Share | $4.21 |
Margins
Gross margin is 46.10%, with operating and profit margins of 26.69% and 12.51%.
| Gross Margin | 46.10% |
| Operating Margin | 26.69% |
| Pretax Margin | 36.92% |
| Profit Margin | 12.51% |
| EBITDA Margin | 30.94% |
| EBIT Margin | 26.69% |
| FCF Margin | 24.81% |
Dividends & Yields
This stock pays an annual dividend of $3.72, which amounts to a dividend yield of 2.16%.
| Dividend Per Share | $3.72 |
| Dividend Yield | 2.16% |
| Dividend Growth (YoY) | 20.78% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 170.25% |
| Buyback Yield | -13.67% |
| Shareholder Yield | -11.50% |
| Earnings Yield | 0.80% |
| FCF Yield | 2.45% |
Analyst Forecast
The average price target for ARES is $164.00, which is -4.59% lower than the current price. The consensus rating is "Buy".
| Price Target | $164.00 |
| Price Target Difference | -4.59% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
ARES has an Altman Z-Score of 0.95 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.95 |
| Piotroski F-Score | 7 |