ARES Stock Price, Ares Management Corp Quote, Chart

Market Summary

USD142.37-0.07

Delayedas of 10 May 2024, 10:56 am

-0.05%

ARES Alerts

3 major insider sales recently.

ARES Stock Price

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ARES RSI Chart

ARES Valuation

Market Cap

44.1B

Price/Earnings (Trailing)

92.97

Price/Sales (Trailing)

12.41

EV/EBITDA

20.51

Price/Free Cashflow

-191.07

ARES Price/Sales (Trailing)

ARES Profitability

EBT Margin

37.22%

Return on Equity

10.59%

Return on Assets

1.94%

Free Cashflow Yield

-0.52%

ARES Fundamentals

ARES Revenue

Revenue (TTM)

3.6B

Rev. Growth (Yr)

-9.54%

Rev. Growth (Qtr)

-30.19%

ARES Earnings

Earnings (TTM)

474.3M

Earnings Growth (Yr)

-1.3K%

Earnings Growth (Qtr)

-233.12%

Breaking Down ARES Revenue

52 Week Range

80.45144.34

(Low)(High)

Last 7 days

5.8%

Last 30 days

6.4%

Last 90 days

4.2%

Trailing 12 Months

74.5%

How does ARES drawdown profile look like?

ARES Financial Health

Debt/Equity

0.66

Debt/Cashflow

-0.08

ARES Investor Care

Dividend Yield

1.03%

Dividend/Share (TTM)

1.46

Shares Dilution (1Y)

2.61%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	3.6B	0	0	0
2023	3.2B	3.6B	3.5B	3.6B
2022	4.3B	3.6B	3.4B	3.1B
2021	2.4B	3.1B	3.6B	4.2B
2020	1.8B	1.8B	1.8B	1.8B
2019	1.2B	1.4B	1.6B	1.8B
2018	1.5B	1.1B	1.1B	958.5M
2017	1.3B	1.5B	1.5B	1.5B
2016	680.6M	808.9M	1.0B	1.2B
2015	740.2M	849.7M	818.4M	814.4M
2014	504.7M	547.1M	586.3M	603.9M
2013	0	382.2M	430.5M	478.7M
2012	0	0	0	334.0M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Ares Management Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 17, 2024	ressler antony p	sold	-18,881,000	131	-143,569	co-founder & exec. chairman
Apr 16, 2024	ressler antony p	sold	-20,827,900	130	-159,860	co-founder & exec. chairman
Apr 15, 2024	ressler antony p	sold	-12,273,200	129	-94,697	co-founder & exec. chairman
Apr 15, 2024	rosenthal bennett	sold	-6,485,850	129	-50,000	co-founder & chairman of peg
Apr 12, 2024	ressler antony p	sold	-15,109,100	131	-114,492	co-founder & exec. chairman
Apr 11, 2024	ressler antony p	sold	-23,469,800	134	-175,000	co-founder & exec. chairman
Apr 10, 2024	ressler antony p	sold	-18,798,700	134	-139,915	co-founder & exec. chairman
Apr 09, 2024	ressler antony p	sold	-28,327,200	133	-212,637	co-founder & exec. chairman
Apr 08, 2024	ressler antony p	sold	-23,505,500	134	-174,258	co-founder & exec. chairman
Apr 05, 2024	ressler antony p	sold	-23,393,800	133	-175,152	co-founder & exec. chairman

Which funds bought or sold ARES recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 08, 2024	GW&K Investment Management, LLC	added	266	22,000	29,000	-%
May 08, 2024	ANGELES WEALTH MANAGEMENT, LLC	added	20.19	5,899,620	23,050,600	2.31%
May 08, 2024	Belpointe Asset Management LLC	reduced	-11.44	-7,299	744,190	0.06%
May 08, 2024	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	reduced	-24.65	-7,207,480	8,084,920	0.02%
May 08, 2024	Russell Investments Group, Ltd.	added	23.37	1,675,040	6,086,480	0.01%
May 08, 2024	Bleakley Financial Group, LLC	reduced	-3.44	17,904	242,433	0.01%
May 08, 2024	AVANTAX ADVISORY SERVICES, INC.	added	15.4	93,062	413,416	-%
May 08, 2024	Great Diamond Partners, LLC	added	2.26	440,977	3,512,800	0.81%
May 08, 2024	HOHIMER WEALTH MANAGEMENT, LLC	reduced	-2.72	431,760	5,348,860	1.25%
May 08, 2024	TD Asset Management Inc	added	7.36	566,332	3,390,320	-%

Are Funds Buying or Selling ARES?

Are funds buying ARES calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ARES

No. of Funds

ARES Alerts

3 major insider sales recently.

Unveiling Ares Management Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.83%	16,388,890	SC 13G/A
Feb 12, 2024	deveer r. kipp	0.44%	810,315	SC 13G/A
Feb 12, 2024	arougheti michael j	0.44%	825,000	SC 13G/A
Feb 12, 2024	rosenthal bennett	0.0%	0	SC 13G/A
Feb 12, 2024	ares partners holdco llc	43.06%	130,294,487	SC 13G/A
Feb 12, 2024	berry ryan	0.42%	782,926	SC 13G/A
Feb 12, 2024	ressler antony p	43.06%	130,294,487	SC 13G/A
Feb 12, 2024	kaplan david b	0.0%	0	SC 13G/A
Feb 09, 2024	capital world investors	6.0%	11,075,711	SC 13G/A
Feb 08, 2024	wellington management group llp	8.54%	15,858,094	SC 13G/A

Recent SEC filings of Ares Management Corp

View All Filings

Date Filed	Form Type	Document
May 09, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	ARS	ARS
Apr 19, 2024	DEF 14A	DEF 14A
Apr 19, 2024	DEFA14A	DEFA14A
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 15, 2024	144	Notice of Insider Sale Intent
Apr 12, 2024	4	Insider Trading

Peers (Alternatives to Ares Management Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BLK	117.3B	18.3B	-1.84%	25.42%	19.81	6.39	5.32%	20.80%
BX	87.9B	10.3B	-6.81%	48.96%	40.84	8.51	116.39%	249.10%
ARES	44.1B	3.6B	6.43%	74.47%	92.97	12.41	12.70%	183.11%
BK	43.7B	19.6B	2.06%	42.32%	13.08	2.22	78.39%	20.24%
BEN	12.7B	8.1B	-12.38%	-3.48%	14.13	1.57	2.98%	5.84%
MID-CAP
IVZ	6.8B	5.8B	-10.15%	-4.46%	-20.3	1.19	-1.10%	-153.42%
AMG	5.0B	2.0B	-7.26%	11.77%	7.28	2.46	-8.91%	-39.33%
AB	3.8B	-	-4.21%	-5.28%	13.88	-	-	7.16%
CNS	3.7B	486.3M	-3.47%	34.65%	29.15	7.66	-9.75%	-22.27%
APAM	3.6B	1.0B	-4.02%	37.44%	15.6	3.59	6.21%	20.27%
AMK	2.5B	722.2M	-8.50%	23.17%	17.54	3.49	12.85%	46.40%
SMALL-CAP
PX	936.0M	250.6M	-1.81%	-19.66%	-355.96	3.74	18.02%	-111.85%
BSIG	872.7M	440.5M	0.65%	-	12.76	1.98	11.01%	-22.97%
AINC	16.5M	746.8M	1.05%	-55.29%	-3.57	0.02	15.88%	-226.93%
AC	718.3K	25.3M	2.19%	-9.07%	0.02	0.03	137.10%	176.58%

Ares Management Corp News

Latest updates

Ares Management Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-30.2%	736	1,054	671	1,093	813	938	801	601	715	1,310	949	1,295	658	658	490	603	520	437	466	385	477
Operating Expenses	-30.1%	538	771	561	838	629	686	898	553	612	1,047	813	1,025	525	492	393	484	82.00	362	396	336	369
S&GA Expenses	7.6%	171	159	212	141	148	133	319	123	121	159	134	83.00	68.00	148	44.00	58.00	62.00	197	21.00	42.00	21.00
EBITDA Margin	1.7%	0.64*	0.63*	0.53*	0.43*	0.40*	0.38*	0.19*	0.27*	0.28*	0.29*	0.27*	0.28*	0.33*	0.22*	0.22*	0.23*	0.18*	0.38*	0.42*	0.40*	0.42*
Interest Expenses	-100.0%	-	646	26.00	26.00	25.00	269	18.00	17.00	16.00	12.00	12.00	7.00	7.00	-133	7.00	6.00	80.00	59.00	71.00	68.00	6.00
Income Taxes	-54.3%	27.00	60.00	30.00	50.00	34.00	50.00	-11.60	13.00	20.00	43.00	30.00	48.00	26.00	33.00	18.00	24.00	-20.62	17.00	12.00	10.00	14.00
Earnings Before Taxes	-52.2%	231	483	227	382	241	343	-60.38	67.00	161	309	247	320	190	275	160	241	-296	101	104	84.00	136
EBT Margin	1.4%	0.37*	0.37*	0.34*	0.25*	0.19*	0.17*	0.14*	0.22*	0.24*	0.25*	0.29*	0.30*	0.36*	0.22*	0.12*	0.08*	0.00*	0.24*	0.22*	0.22*	0.22*
Net Income	100.0%	-	-262	197	332	207	22.00	-48.78	54.00	141	124	85.00	142	58.00	79.00	48.00	56.00	-31.04	84.00	33.00	32.00	122
Net Income Margin	2.2%	0.13*	0.13*	0.22*	0.14*	0.07*	0.05*	0.08*	0.11*	0.12*	0.10*	0.10*	0.11*	0.10*	0.09*	0.09*	0.08*	0.07*	0.15*	0.13*	0.13*	0.12*
Free Cashflow	225.2%	706	-564	314	-703	704	-194	21.00	-796	220	-756	-778	-331	-745	-442	159	208	-367	-406	-392	-945	-353

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.3%	24,413	24,731	23,384	23,119	21,929	22,003	21,206	21,226	21,131	21,605	19,934	18,640	16,536	15,169	14,929	13,720	13,217	12,014	11,597	10,980	10,489
Cash Equivalents	-0.6%	346	348	312	277	272	390	362	253	346	344	296	583	610	-522	869	890	1,168	138	152	247	120
Goodwill	0.5%	1,130	1,124	998	998	999	1,000	997	998	1,000	788	-	-	-	371	-	-	-	-	-	-	-
Liabilities	-1.7%	19,383	19,709	18,340	18,103	17,342	17,098	16,642	16,465	16,367	16,695	15,295	14,182	13,085	12,597	12,459	11,716	11,241	10,156	9,754	9,377	9,009
Long Term Debt	-100.0%	-	2,965	2,340	2,300	2,369	2,274	2,018	1,968	1,943	1,504	1,238	1,088	811	643	643	642	1,047	317	246	566	566
Shareholder's Equity	136.5%	4,477	1,893	1,733	3,992	4,079	1,589	3,468	3,668	3,668	3,814	3,541	3,441	2,421	2,472	2,371	2,004	1,976	1,859	1,843	1,602	1,480
Retained Earnings	-23.7%	-612	-495	-515	-425	-420	-369	-374	-226	-154	-89.38	-128	-131	-173	-151	-164	-145	-138	-50.82	-44.31	-35.25	-25.18
Additional Paid-In Capital	-0.2%	2,387	2,391	2,263	2,182	2,100	1,971	1,912	1,880	1,851	1,914	1,882	1,750	1,034	1,044	1,012	800	747	525	508	380	332
Shares Outstanding	0.7%	310	308	306	304	302	295	294	294	293	290	290	284	262	260	258	250	248	115	115	107	103
Minority Interest	-100.0%	-	1,258	1,232	1,271	1,238	1,074	1,121	1,230	1,274	1,398	1,323	1,258	706	738	692	552	514	472	451	353	327
Float	-	-	-	-	16,519	-	-	-	9,099	-	-	-	9,290	-	-	-	4,470	-	-	-	1,980	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	226.8%	710	-560	318	-699	708	-190	25.00	-792	224	-752	-774	-327	-741	-438	163	212	-363	-402	-388	-941	-349
Cashflow From Investing	49.1%	-34.07	-66.90	-23.05	-12.25	-8.88	-7.33	-9.92	-9.98	-310	-12.05	-286	-782	-3.28	-10.33	-82.51	-5.02	-38.91	-4.72	-6.42	-2.66	-2.99
Cashflow From Financing	-205.2%	-666	634	-244	724	-821	201	112	722	93.00	811	798	1,078	817	116	-134	-483	1,446	372	306	1,092	353
Buy Backs	-100.0%	-	12.00	12.00	20.00	113	7.00	5.00	6.00	183	5.00	120	16.00	85.00	20.00	1.00	1.00	74.00	-10.56	-	10.00	21.00

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ARES Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Total revenues	$ 3,631,884	$ 3,055,443	$ 4,212,091
Expenses
Compensation and benefits	1,486,698	1,498,590	1,162,633
Performance related compensation	607,522	518,829	1,740,786
General, administrative and other expenses	660,146	695,256	444,178
Expenses of Consolidated Funds	43,492	36,410	62,486
Total expenses	2,797,858	2,749,085	3,410,083
Other income (expense)
Total other income, net	499,037	204,448	263,682
Income before taxes	1,333,063	510,806	1,065,690
Income tax expense	172,971	71,891	147,385
Net income	1,160,092	438,915	918,305
Less: Net income attributable to non-controlling interests in Consolidated Funds	274,296	119,333	120,369
Net income (loss)	885,796	319,582	797,936
Less: Net income (loss) attributable to redeemable interest in Ares Operating Group entities	226	(851)	(1,341)
Less: Net income attributable to non-controlling interests in Ares Operating Group entities	411,244	152,892	390,440
Net income attributable to Ares Management Corporation	474,326	167,541	408,837
Less: Series A Preferred Stock dividends paid	0	0	10,850
Less: Series A Preferred Stock redemption premium	0	0	11,239
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders	474,326	167,541	386,748
Class A Common Stock and Non-Voting Common Stock
Other income (expense)
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders	$ 474,326	$ 167,541	$ 386,748
Net income per share of Class A and non-voting common stock:
Basic (in dollars per share)	$ 2.44	$ 0.87	$ 2.24
Diluted (in dollars per share)	$ 2.42	$ 0.87	$ 2.15
Weighted-average shares of Class A and non-voting common stock:
Basic (in shares)	184,523,524	175,510,798	163,703,626
Diluted (in shares)	195,773,426	175,510,798	180,112,271
Ares Operating Group
Other income (expense)
Net realized and unrealized gains on investments	$ 77,573	$ 4,732	$ 19,102
Interest and dividend income	19,276	9,399	9,865
Interest expense	(106,276)	(71,356)	(36,760)
Other income, net	4,819	13,119	14,402
Consolidated Funds
Other income (expense)
Net realized and unrealized gains on investments	262,700	73,386	77,303
Interest expense	(754,600)	(411,361)	(258,048)
Interest and other income of Consolidated Funds	995,545	586,529	437,818
Management fees
Revenues
Total revenues	2,551,150	2,136,433	1,611,047
Carried interest allocation
Revenues
Total revenues	618,579	458,012	2,073,551
Incentive fees
Revenues
Total revenues	276,627	301,187	332,876
Principal investment income
Revenues
Total revenues	36,516	12,279	99,433
Administrative, transaction and other fees
Revenues
Total revenues	$ 149,012	$ 147,532	$ 95,184

About Ares Management Corp

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

CEO	Mr. Michael J. Arougheti
WEBSITE	aresmgmt.com
INDUSTRY	Asset Management
EMPLOYEES	2577

Ares Management Corp Frequently Asked Questions

What is the ticker symbol for Ares Management Corp? What does ARES stand for in stocks?

ARES is the stock ticker symbol of Ares Management Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ares Management Corp (ARES)?

As of Thu May 09 2024, market cap of Ares Management Corp is 44.1 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ARES stock?

You can check ARES's fair value in chart for subscribers.

What is the fair value of ARES stock?

You can check ARES's fair value in chart for subscribers. The fair value of Ares Management Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ares Management Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ARES so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ares Management Corp a good stock to buy?

The fair value guage provides a quick view whether ARES is over valued or under valued. Whether Ares Management Corp is cheap or expensive depends on the assumptions which impact Ares Management Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ARES.

What is Ares Management Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, ARES's PE ratio (Price to Earnings) is 92.97 and Price to Sales (PS) ratio is 12.41. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ARES PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ares Management Corp's stock?

In the past 10 years, Ares Management Corp has provided 0.287 (multiply by 100 for percentage) rate of return.