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Ares Management Corp
Previous close
$175.04
Day range
$171.47 - $176.50
Year range
$112.83 - $185.06
Market cap
55.02B USD
Avg Volume
1.06M
P/E ratio
85.48
Dividend yield
2.12%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 1.13B | 68.30% |
Operating expense | 190.41M | 24.29% |
Net income | 118.46M | 91.61% |
Net profit margin | 10.49 | 13.90% |
Earnings per share | 0.95 | 14.46% |
EBITDA | 335.19M | 18.82% |
Effective tax rate | 14.20% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 1.67B | 39.17% |
Total assets | 24.52B | 4.87% |
Total liabilities | 18.64B | 1.65% |
Total equity | 5.88B | — |
Shares outstanding | 201.88M | — |
Price to book | 17.01 | — |
Return on assets | 2.97% | — |
Return on capital | 3.56% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 118.46M | 91.61% |
Cash from operations | 841.32M | 164.34% |
Cash from investing | -32.58M | -41.33% |
Cash from financing | -784.22M | -221.27% |
Net change in cash | 65.69M | 87.69% |
Free cash flow | 373.64M | 117.14% |
About
Ares Management Corporation is a global alternative investment manager operating in the credit, private equity and real estate markets. The company was founded in 1997 with additional offices across North America, Europe, and Asia.
As of September 2021, Ares Management Corporation's global platform had approximately $295 billion of assets under management and 1,500 employees operating across North America, Europe, Asia Pacific and the Middle East. Wikipedia
Founded
1997
Headquarters
Website
Employees
2,918
