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Ares Management Corporation (ARES)

NYSE - Nasdaq Real Time Price. Currency in USD
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143.61-0.95 (-0.66%)
At close: 03:59PM EDT
143.62 +0.01 (+0.01%)
After hours: 04:00PM EDT
Currency in USD

Valuation Measures4

Market Cap (intraday) 28.14B
Enterprise Value 42.40B
Trailing P/E 63.96
Forward P/E 32.79
PEG Ratio (5 yr expected) N/A
Price/Sales (ttm)5.82
Price/Book (mrq)14.86
Enterprise Value/Revenue 8.57
Enterprise Value/EBITDA 18.86

Trading Information

Stock Price History

Beta (5Y Monthly) 1.18
52-Week Change 370.59%
S&P500 52-Week Change 328.04%
52 Week High 3150.12
52 Week Low 381.88
50-Day Moving Average 3135.10
200-Day Moving Average 3118.07

Share Statistics

Avg Vol (3 month) 31.14M
Avg Vol (10 day) 31.25M
Shares Outstanding 5191.2M
Implied Shares Outstanding 63.49M
Float 8186.27M
% Held by Insiders 114.33%
% Held by Institutions 179.99%
Shares Short (Apr 30, 2024) 43.2M
Short Ratio (Apr 30, 2024) 42.94
Short % of Float (Apr 30, 2024) 41.81%
Short % of Shares Outstanding (Apr 30, 2024) 41.64%
Shares Short (prior month Mar 28, 2024) 42.77M

Dividends & Splits

Forward Annual Dividend Rate 43.72
Forward Annual Dividend Yield 42.57%
Trailing Annual Dividend Rate 33.24
Trailing Annual Dividend Yield 32.24%
5 Year Average Dividend Yield 43.17
Payout Ratio 4143.36%
Dividend Date 3Sept 30, 2021
Ex-Dividend Date 4Jun 14, 2024
Last Split Factor 2N/A
Last Split Date 3N/A

Financial Highlights

Fiscal Year

Fiscal Year Ends Dec 31, 2023
Most Recent Quarter (mrq)Mar 31, 2024

Profitability

Profit Margin 12.86%
Operating Margin (ttm)35.04%

Management Effectiveness

Return on Assets (ttm)2.65%
Return on Equity (ttm)24.05%

Income Statement

Revenue (ttm)3.53B
Revenue Per Share (ttm)18.76
Quarterly Revenue Growth (yoy)-13.00%
Gross Profit (ttm)N/A
EBITDA 1.21B
Net Income Avi to Common (ttm)430.05M
Diluted EPS (ttm)2.26
Quarterly Earnings Growth (yoy)-22.30%

Balance Sheet

Total Cash (mrq)1.55B
Total Cash Per Share (mrq)7.94
Total Debt (mrq)15.34B
Total Debt/Equity (mrq)304.92%
Current Ratio (mrq)0.60
Book Value Per Share (mrq)9.09

Cash Flow Statement

Operating Cash Flow (ttm)-230.79M
Levered Free Cash Flow (ttm)683.34M