US stock · Financial Services sector · Asset Management
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Ares Management Corporation

ARESNYSE

61.95

USD
-0.50
(-0.80%)
Market Closed
40.36P/E
15Forward P/E
2.01P/E to S&P500
18.209BMarket CAP
3.46%Div Yield
Upcoming Earnings
27 Oct
Shares Short
8/31/22
3.04M
Short % of Float
2.12%
Short % of Shares Outs.
1.73%
% Held by Insiders
19.31%
% Held by Institutions
75.11%
Beta
1.20
PEG Ratio
0.83
52w. high/low
90.08/53.15
Avg. Daily Volume
0.90M
Return %
Stock
S&P 500
1 year
(16.03)
(16.20)
3 years
129.85
22.35
5 years
239.77
44.82
Scale: |
High
Low
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
20.48
15.30
21.84
12.33
19.54
10.72
23.25
17.15
25.95
16.18
36.04
16.91
49.86
20.20
90.08
44.43
85.48
53.15
Currency: USD
- -
- -
- -
- -
- -
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
- -
- -
- -
- -
- -
2.74
3.55
6.34
7.51
10.09
14.85
17.30
9.98
16.36
13.06
25.73
20.81
Earnings per share
- -
- -
- -
- -
- -
1.29
13.12
12.81
0.44
0.24
1.38
0.93
0.59
1.38
1.13
2.50
1.67
FCF per share
- -
- -
- -
- -
- -
32.57
29.04
28.66
18.86
(6.68)
(7.90)
(23.17)
(14.95)
(19.46)
(3.27)
(16.02)
(12.41)
Dividends per share
- -
- -
- -
- -
- -
3.43
2.45
5.57
4.11
2.70
2.64
3.46
3.48
3.20
3.47
3.69
4.14
CAPEX per share
- -
- -
- -
- -
- -
0.42
0.14
0.16
0.21
0.13
0.15
0.41
0.19
0.16
0.12
0.17
0.22
Book Value per sh.
- -
- -
- -
- -
- -
4.70
5.24
- -
- -
- -
- -
- -
6.12
7.12
8.84
11.15
10.06
Comm.Shares outs.
- -
- -
- -
- -
- -
75
94
75
80
81
81
82
96
108
135
164
172
Avg. annual P/E ratio
- -
- -
- -
- -
- -
- -
- -
- -
40.8
74.2
11.0
20.2
36.6
19.3
34.2
25.9
40.4
P/E to S&P500
- -
- -
- -
- -
- -
- -
- -
- -
2.2
3.7
0.5
0.9
1.5
0.8
0.9
0.9
2.0
Avg. annual div. yield
- -
- -
- -
- -
- -
- -
- -
- -
23.1%
15.1%
17.2%
18.4%
16.0%
12.0%
9.0%
5.7%
5.6%
Revenue (m)
- -
- -
- -
- -
- -
207
334
479
604
814
1,199
1,415
958
1,765
1,764
4,212
3,575
Operating margin
- -
- -
- -
- -
- -
(126.1)%
(127.1)%
(67.5)%
(42.4)%
5.6%
15.2%
(6.3)%
9.2%
17.1%
17.8%
19.0%
14.2%
Depreciation (m)
- -
- -
- -
- -
- -
20
14
50
36
55
37
33
29
39
41
113
- -
Net profit (m)
- -
- -
- -
- -
- -
97
1,236
966
35
19
112
76
57
149
152
409
294
Income tax rate
- -
- -
- -
- -
- -
3.1%
2.1%
6.8%
2.0%
23.4%
3.7%
(15.4)%
17.5%
12.3%
14.5%
13.8%
14.7%
Net profit margin
- -
- -
- -
- -
- -
47.0%
369.9%
201.9%
5.8%
2.4%
9.3%
5.4%
5.9%
8.4%
8.6%
9.7%
7.9%
Working capital (m)
- -
- -
- -
- -
- -
1,208
912
(94)
949
427
787
678
(567)
(439)
25
(1,411)
(1,761)
Long-term debt (m)
- -
- -
- -
- -
- -
14,013
14,703
13,249
13,451
2,575
3,350
5,718
7,325
8,326
10,651
12,423
12,467
Equity (m)
- -
- -
- -
- -
- -
355
494
- -
- -
- -
- -
- -
588
768
1,194
1,825
1,639
ROIC
- -
- -
- -
- -
- -
2.9%
10.2%
7.0%
3.5%
2.8%
4.6%
3.2%
3.5%
4.7%
3.6%
4.7%
4.0%
Return on capital
- -
- -
- -
- -
- -
2.8%
9.6%
6.6%
3.3%
3.2%
4.0%
2.3%
3.6%
4.6%
3.7%
4.3%
3.8%
Return on equity
- -
- -
- -
- -
- -
27.5%
250.3%
Infinity%
Infinity%
Infinity%
Infinity%
Infinity%
9.7%
19.4%
12.7%
22.4%
18.0%
Plowback ratio
- -
- -
- -
- -
- -
(166.0)%
81.3%
56.5%
(842.9)%
(1,023.7)%
(90.4)%
(272.0)%
(486.4)%
(132.0)%
(207.9)%
(47.8)%
(141.7)%
Div.&Repurch./FCF
- -
- -
- -
- -
- -
10.5%
8.4%
19.4%
8.0%
(40.4)%
(33.4)%
(14.9)%
(16.0)%
(7.1)%
(19.3)%
(3.3)%
(32.8)%
Capital Structure
5 Aug · 2022 | Q2
All numbers in millions
Total liabilities
$ 17,558
Total assets
$ 21,226
Long-term debt
$ 12,467
Cash and equiv.
$ 1,077
Goodwill
$ 998
Retained earnings
$ (227)
Common stock
175
Enterprise Value
$ 29,599
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
745
1,062
1,393
Receivables
440
625
1,158
Inventory
- -
- -
- -
Other
- -
317
648
Current assets
1,184
1,687
2,551
Acc. Payable
150
162
383
Debt due
72
72
72
Other
1,401
1,429
3,507
Current liabilities
1,623
1,662
3,962
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
138.77%
47.65%
40.02%
Cash flow
494.04%
109.26%
51.83%
Earnings
168.72%
76.72%
65.47%
Dividends
29.00%
21.49%
15.95%
Book value
52.91%
- -
- -
Insider Trading
Type
Shares
Date
Sagati Aghili Naseem
Exempt
20,000
08/03/22
Sagati Aghili Naseem
Sale
7,446
08/03/22
Sagati Aghili Naseem
InKind
12,554
08/02/22
Sagati Aghili Naseem
Exempt
20,000
08/02/22
Lynton Michael
Award
2,787
07/28/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
13
603
490
658
1,764
2021
658
1,295
949
1,310
4,212
2022
715
601
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
(0.23)
0.42
0.35
0.59
1.13
2021
1.00
0.87
0.52
0.76
3.14
2022
0.26
0.23
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.83
0.91
0.86
0.87
3.47
2021
0.87
0.93
0.92
0.95
3.66
2022
1.22
1.11
- -
- -
- -
Company Description
Sector:
Financial Services
Industry:
Asset Management
CEO:
Mr. Michael Arougheti
Full-time employees:
2,170
City:
Los Angeles
Address:
2000 Avenue of the Stars Fl 12
IPO:
May 2, 2014
Website:
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.
Recent News
· 13 Dec, 2021 · The Wall Street Journal
· 27 Oct, 2020 · The Wall Street Journal