Ares Management Statistics
Total Valuation
ARES has a market cap or net worth of $28.83 billion. The enterprise value is $42.62 billion.
| Market Cap | 28.83B |
| Enterprise Value | 42.62B |
Important Dates
The next confirmed earnings date is Friday, August 2, 2024, before market open.
| Earnings Date | Aug 2, 2024 |
| Ex-Dividend Date | Jun 14, 2024 |
Share Statistics
ARES has 195.69 million shares outstanding. The number of shares has increased by 7.62% in one year.
| Shares Outstanding | 195.69M |
| Shares Change (YoY) | +7.62% |
| Shares Change (QoQ) | -17.97% |
| Owned by Insiders (%) | 13.97% |
| Owned by Institutions (%) | 77.46% |
| Float | 186.97M |
Valuation Ratios
The trailing PE ratio is 65.47 and the forward PE ratio is 30.38. ARES's PEG ratio is 0.63.
| PE Ratio | 65.47 |
| Forward PE | 30.38 |
| PS Ratio | 8.18 |
| Forward PS | 7.11 |
| PB Ratio | 16.31 |
| P/FCF Ratio | n/a |
| PEG Ratio | 0.63 |
Enterprise Valuation
| EV / Earnings | 94.02 |
| EV / Sales | 12.09 |
| EV / EBITDA | 34.46 |
| EV / EBIT | 42.41 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 8.68 |
| Debt / EBITDA | 12.40 |
| Debt / FCF | n/a |
| Interest Coverage | 1.09 |
Financial Efficiency
Return on equity (ROE) is 25.40% and return on invested capital (ROIC) is -5.15%.
| Return on Equity (ROE) | 25.40% |
| Return on Assets (ROA) | 1.90% |
| Return on Capital (ROIC) | -5.15% |
| Revenue Per Employee | $1.24M |
| Profits Per Employee | $159,058 |
| Employee Count | 2,850 |
| Asset Turnover | 0.15 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ARES has paid $166.40 million in taxes.
| Income Tax | 166.40M |
| Effective Tax Rate | 26.85% |
Stock Price Statistics
The stock price has increased by +44.31% in the last 52 weeks. The beta is 1.24, so ARES's price volatility has been higher than the market average.
| Beta (5Y) | 1.24 |
| 52-Week Price Change | +44.31% |
| 50-Day Moving Average | 139.67 |
| 200-Day Moving Average | 125.54 |
| Relative Strength Index (RSI) | 62.97 |
| Average Volume (20 Days) | 1,298,080 |
Short Selling Information
The latest short interest is 3.42 million, so 1.75% of the outstanding shares have been sold short.
| Short Interest | 3.42M |
| Short Previous Month | 2.79M |
| Short % of Shares Out | 1.75% |
| Short % of Float | 1.83% |
| Short Ratio (days to cover) | 2.20 |
Income Statement
In the last 12 months, ARES had revenue of $3.53 billion and earned $453.31 million in profits. Earnings per share was $2.25.
| Revenue | 3.53B |
| Gross Profit | 3.53B |
| Operating Income | 818.17M |
| Pretax Income | 80.14M |
| Net Income | 453.31M |
| EBITDA | 1.24B |
| EBIT | 1.01B |
| Earnings Per Share (EPS) | $2.25 |
Balance Sheet
The company has $1.55 billion in cash and $15.34 billion in debt, giving a net cash position of -$13.79 billion or -$70.48 per share.
| Cash & Cash Equivalents | 1.55B |
| Total Debt | 15.34B |
| Net Cash | -13.79B |
| Net Cash Per Share | -$70.48 |
| Equity (Book Value) | 1.77B |
| Book Value Per Share | 9.03 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was -$230.79 million and capital expenditures -$84.38 million, giving a free cash flow of -$315.17 million.
| Operating Cash Flow | -230.79M |
| Capital Expenditures | -84.38M |
| Free Cash Flow | -315.17M |
| FCF Per Share | -$1.64 |
Margins
Gross margin is 100.00%, with operating and profit margins of 23.20% and 12.86%.
| Gross Margin | 100.00% |
| Operating Margin | 23.20% |
| Pretax Margin | 2.27% |
| Profit Margin | 12.86% |
| EBITDA Margin | 35.08% |
| EBIT Margin | 28.50% |
| FCF Margin | -8.94% |
Dividends & Yields
This stock pays an annual dividend of $3.72, which amounts to a dividend yield of 2.53%.
| Dividend Per Share | $3.72 |
| Dividend Yield | 2.53% |
| Dividend Growth (YoY) | 23.19% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 165.33% |
| Buyback Yield | -7.62% |
| Shareholder Yield | -5.10% |
| Earnings Yield | 1.57% |
| FCF Yield | -1.09% |
Analyst Forecast
The average price target for ARES is $132.45, which is -10.14% lower than the current price. The consensus rating is "Buy".
| Price Target | $132.45 |
| Price Target Difference | -10.14% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| 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
| Altman Z-Score | n/a |
| Piotroski F-Score | 3 |