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ARES

$144.16
$-5.28 (-3.53%)-3.53%
Open
Loading chart...
IndexN/A
Market Cap47.33B
Enterprise Value65.89B
Income$0.05B
Sales$1.09B
Employees3,504
P/E29.35
P/S5.43
P/B8.22
P/C11.00
EV/EBITDA28.69
EV/Sales38.45
EPS (ttm)4.91
Earnings2025-11-03
Gross Margin60.19%
Oper. Margin15.74%
Profit Margin10.15%
Volume0.87M
Shs Outstand0.33B
Change-3.57%
Dividend Est.N/A
Dividend Ex-DateN/A
Perf YTD2.02%
Perf Year-11.31%
Perf 3Y117.36%
Perf 5Y271.56%
Perf 10Y1413.74%
IPO2014-05-02
Income Statement by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Revenue$3.88B$3.63B$3.06B$4.21B$1.76B$1.77B$958.46M$1.48B
Cost of Revenue$1.73B$1.49B$1.50B$1.16B$767.25M$653.35M$570.38M$514.11M
Gross Profit$2.15B$2.15B$1.56B$3.05B$996.79M$1.11B$388.08M$965.83M
Gross Margin55.42%59.07%50.95%72.40%56.51%62.99%40.49%65.26%
Operating Expenses$1.21B$1.31B$1.25B$2.25B$683.23M$809.45M$299.98M$1.06B
Operating Income$946.09M$834.03M$306.36M$802.01M$313.56M$302.64M$88.10M$-89.26M
Operating Margin24.35%22.96%10.03%19.04%17.78%17.14%9.19%-6.03%
Net Income$463.74M$474.33M$167.54M$408.84M$152.14M$148.88M$57.02M$76.18M
Net Margin11.94%13.06%5.48%9.71%8.62%8.43%5.95%5.15%
EPS (Basic)$2.07$2.46$0.87$2.25$0.89$1.11$0.30$0.62
EBITDA$2.41B$2.43B$1.33B$1.47B$731.95M$762.05M$457.20M$330.61M
Stock Option Compensation Expense$352.85M$255.97M$200.39M$0.00$122.99M$97.69M$0.00$69.71M
Price To Earnings Ratio75.6146.2671.7032.5441.7725.8729.9421.49
Price To Sales RatioN/AN/AN/AN/AN/AN/AN/AN/A
Shares OutstandingN/AN/AN/AN/AN/AN/AN/AN/A
Market Capitalization$52.37B$32.77B$17.94B$19.87B$9.49B$5.75B$2.55B$2.44B
Balance Sheet by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Cash & Short Term InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Short Term ReceivablesN/AN/AN/AN/AN/AN/AN/AN/A
InventoriesN/AN/AN/AN/AN/AN/AN/AN/A
Other Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Net Property, Plant & EquipmentN/AN/AN/AN/AN/AN/AN/AN/A
Total Investments and AdvancesN/AN/AN/AN/AN/AN/AN/AN/A
Long-Term Note ReceivableN/AN/AN/AN/AN/AN/AN/AN/A
Intangible AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Other AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Assets$24.88B$24.73B$22.00B$21.61B$15.17B$12.01B$10.15B$8.56B
Short Term Debt Incl. Current Port. of LT DebtN/AN/AN/AN/AN/AN/AN/AN/A
Accounts PayableN/AN/AN/AN/AN/AN/AN/AN/A
Income Tax PayableN/AN/AN/AN/AN/AN/AN/AN/A
Other Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Provision for Risks ChargesN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Other LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Liabilities$18.06B$20.26B$18.20B$17.79B$12.70B$10.16B$8.76B$7.10B
Non-Equity ReservesN/AN/AN/AN/AN/AN/AN/AN/A
Preferred Stock - Carrying ValueN/AN/AN/AN/AN/AN/AN/AN/A
Common EquityN/AN/AN/AN/AN/AN/AN/AN/A
Total Shareholders Equity$3.54B$1.89B$1.59B$1.83B$1.19B$768.29M$587.92M$1.46B
Accumulated Minority InterestN/AN/AN/AN/AN/AN/AN/AN/A
Total Equity$3.54B$1.89B$1.59B$1.83B$1.19B$768.29M$587.92M$1.46B
Total Liabilities & Stockholders Equity$24.88B$24.73B$22.00B$21.61B$15.17B$12.01B$10.15B$8.56B
Book Value Per Share$34.46$24.25$21.64$23.30$18.30$17.22$14.52$17.84
Tangible Book Value Per Share$23.66$12.42$9.06$9.80$13.91$15.82$12.70$15.59
Full-Time EmployeesN/AN/AN/AN/AN/AN/AN/AN/A
Price to Book RatioN/AN/AN/AN/AN/AN/AN/AN/A
Return on Assets1.86%1.92%0.76%1.89%1.00%1.24%0.56%0.89%
Return on Equity13.09%25.05%10.54%22.40%12.75%19.38%9.70%5.22%
Return on Invested Capital3.96%3.45%1.40%3.90%1.97%2.54%0.83%-1.24%
Quick Ratio0.980.730.640.631.000.710.530.64
Current Ratio0.980.730.640.631.000.710.530.64
Cash Flow by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Net Income$463.74M$474.33M$167.54M$408.84M$152.14M$148.88M$57.02M$76.18M
Depreciation$158.58M$231.71M$341.34M$113.29M$41.25M$39.46M$28.52M$32.81M
Other Funds (Non Cash)N/AN/AN/AN/AN/AN/AN/AN/A
Funds from OperationsN/AN/AN/AN/AN/AN/AN/AN/A
Extraordinary ItemN/AN/AN/AN/AN/AN/AN/AN/A
Changes in Working CapitalN/AN/AN/AN/AN/AN/AN/AN/A
Income Taxes PayableN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Operating Activities$2.79B$-233.26M$-734.11M$-2.60B$-425.66M$-2.08B$-1.42B$-1.86B
Capital Expenditures$91.51M$67.18M$35.80M$27.23M$15.94M$16.80M$18.42M$33.16M
Net Assets From AcquisitionsN/AN/AN/AN/AN/AN/AN/AN/A
Sale of Fixed Assets and BusinessesN/AN/AN/AN/AN/AN/AN/AN/A
Purchase or Sale of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Purchase of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Sale Or Maturity of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Other UsesN/AN/AN/AN/AN/AN/AN/AN/A
Other SourcesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Investing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Cash Dividends Paid$1.31B$1.03B$836.36M$604.36M$468.48M$345.37M$156.55M$283.36M
Change in Capital StockN/AN/AN/AN/AN/AN/AN/AN/A
Repurchase of Common Pref Stock$0.00$0.00$0.00$0.00$0.00$10.45M$0.00$0.00
Sale of Common Pref StockN/AN/AN/AN/AN/AN/AN/AN/A
Proceeds from Stock OptionsN/AN/AN/AN/AN/AN/AN/AN/A
Issuance or Reduction of Debt, NetN/AN/AN/AN/AN/AN/AN/AN/A
Change in Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Issuance of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Reduction of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Net Financing Active Other Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A
Other Financing Activities UsesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Financing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Exchange Rate EffectN/AN/AN/AN/AN/AN/AN/AN/A
Net Change in CashN/AN/AN/AN/AN/AN/AN/AN/A
Free Cash Flow$2.70B$-300.44M$-769.91M$-2.62B$-441.60M$-2.10B$-1.44B$-1.90B
Preferred Dividends (Cash Flow)N/AN/AN/AN/AN/AN/AN/AN/A
Price to Free Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A

Company coverage

Latest news

20 stories
Jul 9 · 9:14AMA Downgrade Wave Says Bank Stocks Are Priced for Perfection Ahead of Q2 Earnings. Here's the Bear Case.The Motley Fool ↗Apr 29 · 10:50AMHedge Fund Billionaire Ken Griffin Warns Wealthy Investors May Not Grasp Private Credit Risks— 'The Real Issue Here Is...'Benzinga ↗Apr 9 · 10:00AMWhitestone REIT to Be Acquired by Ares for $1.7 BillionGlobeNewswire Inc. ↗Apr 3 · 11:15AMA Dividend Stock With a Double-Digit Yield: Is It Actually Sustainable?The Motley Fool ↗Apr 2 · 10:04PMStock Market Today, April 2: Blue Owl Capital Falls After Capping RedemptionsThe Motley Fool ↗Feb 27 · 6:42PMBank, Private-Equity Stock Rout Deepens As AI Fears Mount: What's Moving Markets Friday?Benzinga ↗Feb 26 · 8:37PMNvidia Hit by Profit Taking but $300 Target Still in SightInvesting.com ↗Feb 24 · 8:18PMBlue Owl Trades Like a Levered Bet on Private Credit, Not a Safe Yield PlayInvesting.com ↗
Show 12 more stories↓
Feb 24 · 2:17PMYardeni Pushes Back On Citrini's AI Apocalypse, Keeps S&P 500 10,000 Target In PlayBenzinga ↗Feb 23 · 6:39PMBanks, Asset Manager Stocks Plunge On Private Credit Panic: What's Moving Markets Monday?Benzinga ↗Feb 6 · 9:38PMDeal Dispatch: SpaceX Ties Up With xAI, Kirin Sells Four Roses Bourbon, Billionaire's Mining Merger CollapsesBenzinga ↗Feb 3 · 5:40PMAres Completes Acquisition Of BlueCoveBenzinga ↗Jan 27 · 8:33PMMakarora Completes Acquisition of Plymouth Industrial REIT for $2.1 BillionBenzinga ↗Jan 8 · 7:17PMTrump Targets Wall Street Homebuyers: Why Asset Managers Are Feeling The Heat (UPDATED)Benzinga ↗Jan 2 · 3:30PMBetter Dividend Stock: Ares Capital vs. Main Street CapitalThe Motley Fool ↗Dec 22 · 10:15PMIs Ares Capital a Buy, Sell, or Hold in 2026?The Motley Fool ↗Dec 9 · 1:24PMStock Market Today: Dow Futures Rise, Nasdaq Slips As Fed Begins 2-Day Meet— Ares Management, Nvidia, Paramount In Focus (UPDATED)Benzinga ↗Dec 3 · 4:29PMS&P 500 Rebalance: The Rumor-Phase Stocks Drawing the Most AttentionInvesting.com ↗Nov 21 · 12:22PMWhy I Just Bought This 9.8%-Yielding Dividend Stock for Passive IncomeThe Motley Fool ↗Nov 10 · 10:16AMCould Buying Ares Capital Stock Today Set You Up for Life?The Motley Fool ↗

Insider Trading

View All
Insider
Type
Shares
Price
Value
Date
Joubert Paul G.
Award
1.7K
—
—
Jul 30, 26
Lynton Michael
Award
1.7K
—
—
Jul 30, 26
Olian Judy D.
Award
1.7K
—
—
Jul 30, 26
Naughton Eileen
Award
1.7K
—
—
Jul 30, 26
BHUTANI ASHISH
Award
1.7K
—
—
Jul 30, 26

Company

CEO: Michael J. AroughetiEmployees: 4250www.aresmgmt.com
About the company↓

Ares Management Corporation functions as an investment firm specializing in alternative assets, with operations spanning the United States, Europe, and Asia. Its Tradable Credit division oversees diverse investment vehicles, including pooled funds and separately managed accounts for institutional investors, alongside publicly traded products and sub-advised funds aimed at retail investors, all within the tradable and non-investment grade corporate credit markets. The Direct Lending segment delivers financial solutions to small and medium-sized businesses. Through its Private Equity arm, the company primarily targets investments where it holds a majority or shared controlling interest, focusing on companies that are currently under-capitalized. The Real Estate group is involved in financing new property developments and the strategic repositioning of existing assets, often taking control or majority-control stakes. This group also creates and invests in specialized financing opportunities for middle-market commercial real estate owners and operators. Established in 1997, the company, formerly known as Ares Management, L.P., is headquartered in Los Angeles, California, and maintains a global footprint with additional offices across the United States, Europe, and Asia. Ares Management GP LLC serves as its general partner.

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The Intraday Markets

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Market data may be delayedFor informational purposes onlyFMP · Massive · SEC

Why it moved over time

Catalyst history

2 entries
Jul 31, 2026
Earnings-0.39%

Ares Management is reporting Q2 results on July 31, with expectations for higher AUM-driven management fees and revenue—this upcoming earnings release is the likely near-term catalyst.

Key fact: Q2 results scheduled for July 31 are expected to benefit from higher AUM, management fees and revenues.

zacks.com: Ares Management Gears Up for Q2 Earnings: Here's What to Expect↗
Jul 30, 2026
Earnings+0.00%

Investors are focused on ARES' July 31 Q2 earnings, with analysts saying higher AUM and management fees could boost revenue and affect guidance.

Key fact: Q2 results due July 31 are expected to benefit from higher AUM, management fees and revenues.

zacks.com: Ares Management Gears Up for Q2 Earnings: Here's What to Expect↗