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Ares Management Corporation (ARES)

NYSE - Nasdaq Real-time price. Currency in USD
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136.17+4.26 (+3.23%)
At close: 04:00PM EDT
136.35 +0.18 (+0.13%)
After hours: 04:40PM EDT
Currency in USD

Valuation measures4

Market cap (intra-day) 25.67B
Enterprise value 39.93B
Trailing P/E 54.51
Forward P/E 28.33
PEG ratio (5-yr expected) N/A
Price/sales (ttm)5.18
Price/book (mrq)13.56
Enterprise value/revenue 8.01
Enterprise value/EBITDA 16.46

Trading information

Stock price history

Beta (5Y monthly) 1.19
52-week change 364.28%
S&P500 52-week change 322.38%
52-week high 3139.48
52-week low 380.07
50-day moving average 3133.12
200-day moving average 3115.60

Share statistics

Avg vol (3-month) 31.15M
Avg vol (10-day) 31.05M
Shares outstanding 5191.15M
Implied shares outstanding 63.49M
Float 8188.85M
% held by insiders 116.31%
% held by institutions 177.80%
Shares short (15 Apr 2024) 43.11M
Short ratio (15 Apr 2024) 42.6
Short % of float (15 Apr 2024) 41.76%
Short % of shares outstanding (15 Apr 2024) 41.60%
Shares short (prior month 15 Mar 2024) 42.66M

Dividends & splits

Forward annual dividend rate 43.72
Forward annual dividend yield 42.82%
Trailing annual dividend rate 33.24
Trailing annual dividend yield 32.46%
5-year average dividend yield 43.17
Payout ratio 4127.27%
Dividend date 330 Sept 2021
Ex-dividend date 414 Jun 2024
Last split factor 2N/A
Last split date 3N/A

Financial highlights

Fiscal year

Fiscal year ends 31 Dec 2023
Most-recent quarter (mrq)31 Mar 2024

Profitability

Profit margin 12.86%
Operating margin (ttm)24.65%

Management effectiveness

Return on assets (ttm)N/A
Return on equity (ttm)N/A

Income statement

Revenue (ttm)3.53B
Revenue per share (ttm)18.76
Quarterly revenue growth (yoy)-13.00%
Gross profit (ttm)N/A
EBITDA 1.15B
Net income avi to common (ttm)432.01M
Diluted EPS (ttm)2.41
Quarterly earnings growth (yoy)-22.30%

Balance sheet

Total cash (mrq)1.5B
Total cash per share (mrq)7.75
Total debt (mrq)15.76B
Total debt/equity (mrq)313.78%
Current ratio (mrq)N/A
Book value per share (mrq)9.94

Cash flow statement

Operating cash flow (ttm)N/A
Levered free cash flow (ttm)N/A