Ares Management Statistics
Total Valuation
ARES has a market cap or net worth of $25.37 billion. The enterprise value is $39.63 billion.
| Market Cap | 25.37B |
| Enterprise Value | 39.63B |
Important Dates
The next confirmed earnings date is Thursday, May 2, 2024, before market open.
| Earnings Date | May 2, 2024 |
| Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
ARES has 189.88 million shares outstanding. The number of shares has increased by 11.54% in one year.
| Shares Outstanding | 189.88M |
| Shares Change (YoY) | +11.54% |
| Shares Change (QoQ) | +26.10% |
| Owned by Insiders (%) | 16.59% |
| Owned by Institutions (%) | 78.00% |
| Float | 188.85M |
Valuation Ratios
The trailing PE ratio is 55.21 and the forward PE ratio is 28.64. ARES's PEG ratio is 0.63.
| PE Ratio | 55.21 |
| Forward PE | 28.64 |
| PS Ratio | 6.99 |
| Forward PS | 6.47 |
| PB Ratio | 13.40 |
| P/FCF Ratio | n/a |
| PEG Ratio | 0.63 |
Enterprise Valuation
| EV / Earnings | 83.55 |
| EV / Sales | 10.91 |
| EV / EBITDA | 22.78 |
| EV / EBIT | 26.28 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 8.32 |
| Debt / EBITDA | 9.06 |
| Debt / FCF | n/a |
| Interest Coverage | 1.75 |
Financial Efficiency
Return on equity (ROE) is 26.90% and return on invested capital (ROIC) is 3.46%.
| Return on Equity (ROE) | 26.90% |
| Return on Assets (ROA) | 2.00% |
| Return on Capital (ROIC) | 3.46% |
| Revenue Per Employee | $1.27M |
| Profits Per Employee | $166,430 |
| Employee Count | 2,850 |
| Asset Turnover | 0.16 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ARES has paid $172.97 million in taxes.
| Income Tax | 172.97M |
| Effective Tax Rate | 26.72% |
Stock Price Statistics
The stock price has increased by +63.69% in the last 52 weeks. The beta is 1.19, so ARES's price volatility has been higher than the market average.
| Beta (1Y) | 1.19 |
| 52-Week Price Change | +63.69% |
| 50-Day Moving Average | 133.13 |
| 200-Day Moving Average | 114.95 |
| Relative Strength Index (RSI) | 52.23 |
| Average Volume (30 Days) | 1,094,095 |
Short Selling Information
The latest short interest is 3.11 million, so 1.64% of the outstanding shares have been sold short.
| Short Interest | 3.11M |
| Short Previous Month | 2.66M |
| Short % of Shares Out | 1.64% |
| Short % of Float | 1.65% |
| Short Ratio (days to cover) | 2.60 |
Income Statement
In the last 12 months, ARES had revenue of $3.63 billion and earned $474.33 million in profits. Earnings per share was $2.42.
| Revenue | 3.63B |
| Gross Profit | 3.63B |
| Operating Income | 834.03M |
| Pretax Income | 647.30M |
| Net Income | 474.33M |
| EBITDA | 1.74B |
| EBIT | 1.51B |
| Earnings Per Share (EPS) | $2.42 |
Balance Sheet
The company has $1.50 billion in cash and $15.76 billion in debt, giving a net cash position of -$14.26 billion or -$75.09 per share.
| Cash & Cash Equivalents | 1.50B |
| Total Debt | 15.76B |
| Net Cash | -14.26B |
| Net Cash Per Share | -$75.09 |
| Equity / Book Value | 1.89B |
| Book Value Per Share | 9.97 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was -$233.26 million and capital expenditures -$67.18 million, giving a free cash flow of -$300.44 million.
| Operating Cash Flow | -233.26M |
| Capital Expenditures | -67.18M |
| Free Cash Flow | -300.44M |
| FCF Per Share | -$1.63 |
Margins
Gross margin is 100.00%, with operating and profit margins of 22.96% and 13.06%.
| Gross Margin | 100.00% |
| Operating Margin | 22.96% |
| Pretax Margin | 17.82% |
| Profit Margin | 13.06% |
| EBITDA Margin | 47.91% |
| EBIT Margin | 41.53% |
| FCF Margin | -8.27% |
Dividends & Yields
This stock pays an annual dividend of $3.72, which amounts to a dividend yield of 2.78%.
| Dividend Per Share | $3.72 |
| Dividend Yield | 2.78% |
| Dividend Growth (YoY) | 24.62% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 153.72% |
| Buyback Yield | -11.54% |
| Shareholder Yield | -8.76% |
| Earnings Yield | 1.87% |
| FCF Yield | -1.18% |
Analyst Forecast
The average price target for ARES is $125.90, which is -5.78% lower than the current price. The consensus rating is "Buy".
| Price Target | $125.90 |
| Price Target Difference | -5.78% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| 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 |