UK markets open in 55 minutes

Ares Management Corporation (ARES)

NYSE - NYSE Delayed price. Currency in USD
Add to watchlist
133.73-2.22 (-1.63%)
At close: 04:00PM EDT
134.74 +1.01 (+0.76%)
After hours: 04:58PM EDT
Currency in USD

Valuation measures4

Market cap (intra-day) 26.03B
Enterprise value 40.29B
Trailing P/E 55.26
Forward P/E 28.74
PEG ratio (5-yr expected) N/A
Price/sales (ttm)5.25
Price/book (mrq)13.75
Enterprise value/revenue 8.08
Enterprise value/EBITDA 16.61

Trading information

Stock price history

Beta (5Y monthly) 1.19
52-week change 352.68%
S&P500 52-week change 321.08%
52-week high 3139.48
52-week low 377.97
50-day moving average 3133.19
200-day moving average 3114.77

Share statistics

Avg vol (3-month) 31.09M
Avg vol (10-day) 3983.68k
Shares outstanding 5191.15M
Implied shares outstanding 63.49M
Float 8188.85M
% held by insiders 116.59%
% held by institutions 178.00%
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 43.24
Forward annual dividend yield 42.42%
Trailing annual dividend rate 33.08
Trailing annual dividend yield 32.27%
5-year average dividend yield 43.21
Payout ratio 4127.27%
Dividend date 330 Sept 2021
Ex-dividend date 414 Mar 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 Dec 2023

Profitability

Profit margin 13.06%
Operating margin (ttm)34.88%

Management effectiveness

Return on assets (ttm)2.46%
Return on equity (ttm)23.37%

Income statement

Revenue (ttm)3.63B
Revenue per share (ttm)19.68
Quarterly revenue growth (yoy)12.40%
Gross profit (ttm)N/A
EBITDA 1.15B
Net income avi to common (ttm)453.02M
Diluted EPS (ttm)2.42
Quarterly earnings growth (yoy)48.10%

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)0.67
Book value per share (mrq)9.94

Cash flow statement

Operating cash flow (ttm)-233.26M
Levered free cash flow (ttm)459.18M