Ares Management Corp. (ARES)

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Company Performance

Current Price

as of Oct 04, 2024

$160.39

P/E Ratio

81.07

Market Cap

$31.47B

Description

Ares Management Corp. engages in the provision of investment and consultancy services. It operates through the following segments: Credit Group, Private Equity Group, Real Assets Group, Secondaries Group, and Other. The Credit Group segment includes the management of strategies across the liquid and illiquid spectrum, direct lending, and Asia-Pacific. The Private Equity Group segment involves the categorization of investment strategies as corporate, special opportunities, and Asia-Pacific. The Real Assets Group segment focuses on equity and debt strategies across infrastructure investments. The Secondaries Group segment consists of investment in secondary markets, alternative asset class strategies, private equity, real estate, infrastructure, and credit. The company was founded by Michael J. Arougheti, David B. Kaplan, John H. Kissick, Antony P. Ressler, and Bennett Rosenthal in 1997 and is headquartered in Los Angeles, CA.

Metrics

Overview

  • HQLos Angeles, CA
  • SectorFinance
  • IndustryInvestment Managers
  • TickerARES
  • Price$160.39+2.13%

Trading Information

  • Market Cap$31.47B
  • Float92.42%
  • Average Daily Volume (1m)897,672
  • Average Daily Volume (3m)1,008,704
  • EPS$1.98

Company

  • Revenue$3.59B
  • Rev Growth (1yr)-25.61%
  • Net Income$87.34M
  • Gross Margin98.71%
  • EBITDA Margin41.09%
  • EBITDA$365.90M
  • EV$42.88B
  • EV/Revenue11.94
  • P/E81.07
  • P/S8.76