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Ares Management Corporation ARES SPX

Financial Services · Asset Management · United States
https://www.ares.com
Company Profile ↓
$120.30
-30.83% 1Y
Mkt Cap$26.71B
P/E55.44
P/B11.86
Div. Yield4.00%
52W High$185.90
52W Low$94.25
Book Value$11.38
EPS (TTM)$2.17

Company Overview

Ares Management Corporation operates as an alternative asset manager. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment specializes in early venture, turnaround, mid venture, late venture, recapitalization, growth capital, middle market, mezzanine, distressed and growth buyouts. The firm seeks to invest in healthcare, services, energy, industrials and consumer. The firm seeks to takes majority, minority and shared-control investments primarily in under-capitalized companies in North America, Europe, Asia Pacific, Southeast Asia and Australia. 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 prefers to invest between $1 million and $500 million in companies having EBITDA between $10 million and $250 million and debt investment value between $10 million and $100 million. Ares Management Corporation was founded in 1997 and is based in Los Angeles, California with additional offices in North America, Europe and Asia.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 46.6% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 22.4% CAGR over the past five years.

Healthy Margins

Operating margin of 18.4% supports profitability.

Dividend Income

Offers a dividend yield of 4.00%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $5.60B (+44.2% YoY); net profit $527.36M.
  • Trailing 12 Months Year-on-year growth — revenue +28.3%, earnings +770.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR 22.4%, profit CAGR 46.6%.

Growth & Price Performance

Compounded Sales Growth

5 Years:22.39%
1 Year:28.30%

Compounded Profit Growth

5 Years:46.55%
1 Year:770.50%

Stock Price Performance

1 Year:-30.83%
6 Months:-29.98%
3 Months:+13.90%
1 Month:-8.51%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 28% of range
$94.25 $185.90
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)49.67 · Neutral
Price Performance
1M-8.51%
3M+13.90%
6M-29.98%
1Y-30.83%
Valuation vs Sector

P/E of 55.44 is above the sector median of 13.30 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 22.4% over 5 years.
  • Profit CAGR of 46.6% over 5 years.
  • Attractive dividend yield of 4.00%.
  • Generates positive free cash flow.

CONS

  • Trading at a high P/E of 55.4.
  • Trading 35.3% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
55.44
Industry PE
13.30
Forward P/E
16.43
PEG Ratio
1.10
Book Value
$11.38
Price to Book
11.86
P/S
7.53
EV/EBITDA
35.48
Dividend Yield
4.00%

Growth (CAGR)

Revenue 5Y
22.39%
Profit 5Y
46.55%
Revenue (YoY)
28.30%
Earnings (YoY)
770.50%

Profitability & Returns

ROCE
9.72%
ROE
14.18%
ROA
2.54%
Profit Margin
10.54%
Op Margin
18.43%
Gross Margin
37.56%
EPS (Latest Qtr)
$0.46
EPS (TTM)
$2.17

Balance Sheet & Liquidity

Debt/Equity
1.69
Quick Ratio
0.41
Current Ratio
0.49
Debt
$14.15B
Total Assets
$28.39B
Current Assets
$7.53B
Working Capital
$1.38B

Ownership

Promoter Holding
11.33%
Chg in Prom Hold
-
FII / Inst Holding
89.78%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$26.71B
Total Revenue (TTM)
$5.91B
EBITDA
$1.38B
Free Cash Flow
$1.76B
Operating Cash Flow
$1.68B
Shares Outstanding
222.03M
Gross Margin
37.56%
Payout Ratio
217.05%

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ARES Ares Management Corporation SPX 120.30 55.44 $26.71B 4.00% 9.72% 14.18% 22.39% 46.55%
2 JPM JPMorgan Chase & Co. SPX 342.89 16.42 $918.78B 1.87% - 16.47% 5.35% 7.56%
3 BRK-B Berkshire Hathaway Inc. SPX 491.09 14.61 $686.70B 0.00% - 10.50% 4.18% 9.44%
4 V Visa Inc. SPX 356.02 31.01 $590.89B 0.83% 37.15% 60.35% 14.33% 13.04%
5 MA Mastercard Incorporated SPX 538.02 31.10 $471.86B 0.71% 60.19% - 12.29% 19.21%
6 BAC Bank of America Corporation SPX 60.62 15.04 $430.20B 2.00% - 10.64% 6.00% 3.49%
7 MS Morgan Stanley SPX 227.67 20.62 $359.10B 1.87% - 16.39% 3.76% 9.66%
8 GS The Goldman Sachs Group, Inc. SPX 1,140.00 20.83 $336.31B 1.69% - 14.55% - 2.21%
9 WFC Wells Fargo & Company SPX 85.29 13.18 $261.00B 2.11% - 12.03% 4.02% 15.98%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -------244.24M572.20M288.40M375.10M266.09M204.16M240.78M247.43M477.20M384.82M466.49M436.93M13.41M602.76M489.87M658.39M1.29B948.72M715.00M601.43M801.29M813.36M1.09B671.25M707.36M788.68M--1.09B1.35B1.66B1.50B1.40B
Cost of Revenue -----------------------------------657.12M643.71M659.84M604.96M692.41M
Gross Profit -----------------------------------431.68M706.42M997.79M899.97M704.03M
Operating Expenses -----------------------------------357.20M493.87M648.38M643.69M476.06M
Operating Income -----------------------------------74.48M212.55M349.41M256.28M227.97M
EBITDA -----------------------------------330.17M476.15M855.29M392.75M502.48M
Interest Expense -----------------------------------189.13M189.21M203.02M186.10M189.56M
Pretax Income -----------------------------------141.04M286.94M652.27M206.65M312.92M
Tax Provision -----------------------------------17.54M60.96M111.89M8.15M59.87M
Net Income 12.09M-11.35M185.00K-3.09M37.57M43.30M34.02M-41.13M49.88M27.84M39.60M40.95M-11.78M15.91M11.94M44.95M32.14M33.33M38.47M-31.04M56.37M47.55M58.38M141.64M84.73M45.86M39.73M-35.55M---73.03M94.94M--47.17M137.06M288.88M54.25M142.59M
Diluted EPS -----------------------------------0.000.461.150.080.46

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 334.05M478.65M603.89M814.44M964.80M1.48B958.46M1.77B1.76B-3.06B3.63B3.88B5.60B
Cost of Revenue ----------1.50B1.49B1.73B2.57B
Gross Profit ----------1.56B2.15B2.15B3.04B
Operating Expenses ----------1.25B1.31B1.21B2.14B
Operating Income ----------306.36M834.03M946.09M892.72M
EBITDA ----------1.33B2.43B2.41B2.30B
Interest Expense ----------482.72M860.88M978.30M767.46M
Pretax Income ----------510.81M1.33B1.28B1.29B
Tax Provision ----------71.89M172.97M164.62M198.53M
Net Income --34.99M19.38M111.81M76.18M57.02M148.88M152.14M-167.54M474.33M463.74M527.36M
Diluted EPS ----------0.872.422.041.70

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2012Dec 2013Apr 2014Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets 24.50B23.71B-21.64B4.32B5.83B8.56B10.15B12.01B15.17B-22.00B24.73B24.88B28.63B
Current Assets -----------2.20B2.77B12.17B8.87B
Cash & Equivalents -----------1.11B1.50B2.74B1.45B
Inventory ---------------
Receivables -----------120.90M128.76M169.01M188.14M
Total Liabilities -16.03B-14.88B3.33B4.45B7.10B8.76B10.16B12.60B-18.20B20.26B18.06B19.96B
Current Liabilities -----------3.42B3.79B4.33B7.49B
Long Term Debt -----------12.98B15.31B12.23B11.30B
Total Debt -----------13.33B15.76B13.15B14.22B
Total Equity -6.54B5.65B283.64M246.92M292.85M1.46B587.92M768.29M1.19B-1.59B1.89B3.54B4.28B
Shares Outstanding -----------177.38M190.56M203.36M221.96M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 1.53B-527.99M-625.65M-1.86B-1.42B-2.08B-425.66M--734.11M-233.26M2.79B3.27B
Investing Cash Flow -76.66M-75.11M-11.91M-33.16M-18.42M-16.80M-136.76M--337.38M-111.08M-159.40M-1.80B
Financing Cash Flow -1.36B581.54M880.76M1.65B1.41B2.12B943.89M-1.13B292.13M-1.43B-2.43B
Capital Expenditure -16.66M-10.68M-11.91M-33.16M-18.42M----35.80M-67.18M-91.51M-72.18M
Free Cash Flow 1.52B-538.66M-637.57M-1.90B-1.44B----769.91M-300.44M2.70B3.19B
Net Change in Cash --------56.57M-52.21M1.20B-963.85M

Ratios (Annual)

Figures in %.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ----------51.0%59.1%55.4%54.2%
Operating Margin % ----------10.0%23.0%24.4%15.9%
Net Margin % --5.8%2.4%11.6%5.1%5.9%8.4%8.6%-5.5%13.1%11.9%9.4%
ROE % --12.3%7.8%38.2%5.2%9.7%19.4%12.7%-10.5%25.1%13.1%12.3%
ROCE % ----------1.6%4.0%4.6%4.2%

Shareholding Pattern

Insiders
11.33%
Institutions
89.78%
Public Float
101.25%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 7.28% 16.17M $1.94B
2 Vanguard Capital Management LLC 6.08% 13.49M $1.62B
3 Sumitomo Mitsui Financial Group, Inc. 6.02% 13.36M $1.61B
4 Capital World Investors 5.31% 11.78M $1.42B
5 Wellington Management Group, LLP 5.03% 11.16M $1.34B
6 Vanguard Portfolio Management LLC 4.86% 10.80M $1.30B
7 State Street Corporation 3.88% 8.60M $1.03B
8 Canada Pension Plan Investment Board 3.43% 7.61M $915.74M
9 Charles Schwab Investment Management, Inc. 2.69% 5.96M $717.15M
10 Geode Capital Management, LLC 2.53% 5.62M $676.34M

Analyst View

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Latest News

Recent headlines for ARES

Yahoo Finance ue, 14 Jul 2026

Ares Completes Acquisition of Whitestone REIT

NEW YORK, July 14, 2026--Ares Management Corporation (NYSE: ARES), a leading global alternative investment manager, announced today that certain Ares Real Estate funds ("Ares") have completed the previously announced acquisition of all outs…

Yahoo Finance Fri, 10 Jul 2026

Ares Management Corporation Updates the Time of Its Earnings Conference Call for the Second Quarter Ending June 30, 2026

Ares Management Corporation announced today that it has updated the time it will hold its earnings webcast/conference call for the second quarter ending June 30, 2026 to 9:00am ET on Friday, July 31, 2026. Ares Management Corporation will r…

Yahoo Finance ue, 07 Jul 2026

Youth lacrosse costs families up to $25,000. This former pro player wants to change that.

Nurturing the next generation of lacrosse players starts with reducing one large barrier to entry.

Yahoo Finance ue, 07 Jul 2026

BlackRock Sees Private Credit Taking Bigger Role in AI Buildout

(Bloomberg) -- Private credit is poised to take on an even bigger role in financing the “massive amount of infrastructure investment” for artificial intelligence as companies look for capital to fund outsized expenditures, according to the …

Yahoo Finance Mon, 06 Jul 2026

Software Markdowns at Mutual Funds Hint at Private Markets’ Pain

(Bloomberg) -- Executives at some of Wall Street’s biggest names have faced a barrage of recent questions about whether artificial intelligence has crippled the value of their software investments.Most Read from BloombergGreece Offers Bount…

Yahoo Finance Sat, 04 Jul 2026

Ares Management (ARES) Stock Looks Reasonable On Fair Value But Rich On Earnings

Ares Management stock is coming off a strong 113.7% gain over the last five years, yet current valuation checks show a different picture, with the intrinsic value estimate from the Excess Returns model sitting close to the market price whil…

ARES — Frequently Asked Questions

What is the current share price of Ares Management Corporation (ARES)?

As of 2026-07-14 21:23 PDT, Ares Management Corporation (ARES) trades at $120.30 on NYSE. Its 52-week range is $94.25 to $185.90.

What is the market capitalisation of ARES?

Ares Management Corporation (ARES) has a market capitalisation of $26.71B on NYSE.

What is the P/E ratio of ARES?

ARES trades at a trailing price-to-earnings (P/E) ratio of 55.44. The industry average P/E is 13.30. Its price-to-book (P/B) ratio is 11.86.

Does ARES pay a dividend?

Ares Management Corporation (ARES) currently offers a dividend yield of 4.00%.

What is the return on equity (ROE) of ARES?

ARES has a return on equity (ROE) of 14.18%. Its return on capital employed (ROCE) is 9.72%.

Is ARES a good stock to buy?

This page provides a data-driven analysis of Ares Management Corporation (ARES), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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