Ares Management Stock (NYSE:ARES)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$170.35

52W Range

$107.69 - $175.74

50D Avg

$161.30

200D Avg

$143.68

Market Cap

$34.10B

Avg Vol (3M)

$1.19M

Beta

1.22

Div Yield

$3.56 (2.07%)

ARES Company Profile


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.

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Industry

Asset Management

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

2,918

IPO Date

May 02, 2014

Website

ARES Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Management Service, Incentive$277.73M$301.19M$5.46M
Principal Investment Income$155.63M$12.28M$99.43M
Administrative Service$156.18M$147.53M$4.48M
Carried Interest$631.15M$458.01M$2.07B
Management Service$2.60B$44.90M-
Fee Related Performance Revenues--$137.88M

Fiscal year ends in Dec 23 | Currency in USD

ARES Financial Summary


Dec 23Dec 22Dec 21
Revenue$3.63B$3.06B$4.21B
Operating Income$474.30M$915.40M$1.26B
Net Income$474.30M$438.92M$918.30M
EBITDA$474.30M$1.26B$1.38B
Basic EPS-$2.50$5.10
Diluted EPS-$2.50$5.10

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Nov 01, 24 | 9:00 AM
Q2 24Aug 02, 24 | 4:14 PM
Q1 24May 02, 24 | 12:00 AM

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