Ares Management Corporation (ARES)

Last Closing Price: 130.70 (2024-04-18)

Company Description

Ares Management, L.P. is a global alternative asset manager. It manages four investment groups that invest in the tradable credit, direct lending, and private equity and real estate markets. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts. 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; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. Ares Management, L.P. is headquartered in Los Angeles.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $3.63B
Net Income (Most Recent Fiscal Year) $474.33M
PE Ratio (Current Year Earnings Estimate) 29.33
PE Ratio (Trailing 12 Months) 36.08
PEG Ratio (Long Term Growth Estimate) 0.99
Price to Sales Ratio (Trailing 12 Months) 11.23
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 9.05
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 42.78
Pre-Tax Margin (Trailing 12 Months) 36.70%
Net Margin (Trailing 12 Months) 13.06%
Return on Equity (Trailing 12 Months) 21.01%
Return on Assets (Trailing 12 Months) 3.73%
Current Ratio (Most Recent Fiscal Quarter) 1.02
Quick Ratio (Most Recent Fiscal Quarter) 1.02
Debt to Common Equity (Most Recent Fiscal Quarter) 0.69
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $14.55
Earnings per Share (Most Recent Fiscal Quarter) $1.21
Earnings per Share (Most Recent Fiscal Year) $3.65
Diluted Earnings per Share (Trailing 12 Months) $2.39
Stock
Exchange NYSE
Sector Financial Services
Industry Asset Management
Common Shares Outstanding 309.60M
Free Float 163.04M
Market Capitalization $40.77B
Average Volume (Last 20 Days) 1.08M
Beta (Past 60 Months) 1.17
Percentage Held By Insiders (Latest Annual Proxy Report) 47.34%
Percentage Held By Institutions (Latest 13F Reports) 50.03%
Annual Dividend (Based on Last Quarter) $3.72
Dividend Yield (Based on Last Quarter) 2.82%