ARES - Ares Management Corporation
NYSE
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Financial Services
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Asset Management
Los Angeles,
United States
Type: Equity
ARES price evolution
ARES
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1497.79 | $1197.14 | $1088.99 | $1027.18 |
| Short term investments | ||||
| Net receivables | $1057.75 | $856.04 | $852.56 | $1024.1 |
| Inventory | ||||
| Total current assets | $1644.64 | $1350 | $1286.72 | $1332.6 |
| Long term investments | ||||
| Property, plant & equipment | $249.33 | $259.54 | $170.91 | $154.97 |
| Goodwill & intangible assets | $2182.47 | $2031.39 | $2128.69 | $2165.54 |
| Total noncurrent assets | ||||
| Total investments | $19226.52 | $18661.53 | $18558.11 | $17226.83 |
| Total assets | $24730.5 | $23383.89 | $23118.81 | $21928.58 |
| Current liabilities | ||||
| Accounts payable | $1151.33 | $1231.43 | $1240.12 | $1181.67 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $4272.77 | $4458 | $4277.29 | $3951.82 |
| Long term debt | $15436.38 | $13882 | $13825.78 | $13390.65 |
| Total noncurrent liabilities | ||||
| Total debt | $15755.95 | $14208.78 | $14032.6 | $13581.43 |
| Total liabilities | $19709.15 | $18339.68 | $18103.07 | $17342.47 |
| Shareholders' equity | ||||
| Retained earnings | -$495.08 | -$515.35 | -$425.53 | -$420.82 |
| Other shareholder equity | -$5.63 | -$17.27 | -$9.69 | -$12.35 |
| Total shareholder equity | $1893.4 | $1733.18 | $1750 | $1669.89 |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1497.79 | $1114.63 | $1392.85 | $1062.19 |
| Short term investments | ||||
| Net receivables | $1057.75 | $305.27 | $958.75 | $544.28 |
| Inventory | ||||
| Total current assets | $1847.44 | $1419.9 | $1870.09 | $1606.47 |
| Long term investments | ||||
| Property, plant & equipment | $249.33 | $236.03 | $167.65 | $154.74 |
| Goodwill & intangible assets | $2182.47 | $2207.88 | $1422.82 | |
| Total noncurrent assets | ||||
| Total investments | $19226.52 | $17179.37 | $16500.94 | $12559.86 |
| Total assets | $24730.5 | $22002.84 | $21605.16 | $15168.99 |
| Current liabilities | ||||
| Accounts payable | $1151.33 | $2682.09 | $1699.94 | $777.25 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $4272.77 | $3953.86 | $4022.66 | $11651.71 |
| Long term debt | $15436.38 | $13143.95 | $12290.08 | $764.91 |
| Total noncurrent liabilities | $1045.51 | |||
| Total debt | $15755.95 | $13334.24 | $12494.22 | $10903.22 |
| Total liabilities | $19709.15 | $20413.6 | $16694.73 | $12596.85 |
| Shareholders' equity | ||||
| Retained earnings | -$495.08 | -$369.48 | -$89.38 | -$151.82 |
| Other shareholder equity | -$5.63 | -$14.99 | -$1.85 | $0.48 |
| Total shareholder equity | $1893.4 | $1589.24 | $1825.23 | $1193.68 |
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $671.25 | $1093.29 | $813.36 | |
| Cost of revenue | ||||
| Gross Profit | $671.25 | $1093.29 | $813.36 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $579.34 | $508.7 | $509.13 | |
| Total operating expenses | $560.96 | $837.74 | $628.64 | |
| Operating income | $110.3 | $255.55 | $184.73 | |
| Income from continuing operations | ||||
| EBIT | $516.03 | $402.97 | $309.52 | |
| Income tax expense | $29.9 | $49.71 | $33.81 | |
| Interest expense | $227.34 | $208.74 | $181.67 | |
| Net income | ||||
| Net income | $258.8 | $144.51 | $94.04 | |
| Income (for common shares) | $61.82 | $144.51 | $94.04 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Jan 2022 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3631.88 | $3055.44 | $1764.05 | |
| Cost of revenue | ||||
| Gross Profit | $3631.88 | $3055.44 | $1764.05 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $2146.84 | $2193.85 | $1026.25 | |
| Total operating expenses | $2797.86 | $2749.09 | $1450.49 | |
| Operating income | $834.03 | $306.36 | $313.56 | |
| Income from continuing operations | ||||
| EBIT | $1508.17 | $722.15 | $518.36 | |
| Income tax expense | $172.97 | $71.89 | $54.99 | |
| Interest expense | $860.88 | $482.72 | $311.22 | |
| Net income | ||||
| Net income | $474.33 | $167.54 | $152.14 | |
| Income (for common shares) | $474.33 | $167.54 | $130.44 | |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$562.6 | $258.8 | $144.51 | $94.04 |
| Operating activities | ||||
| Depreciation | $231.71 | |||
| Business acquisitions & disposals | -$43.9 | |||
| Stock-based compensation | $255.97 | |||
| Total cash flows from operations | -$560.05 | $318.27 | -$699.05 | $707.57 |
| Investing activities | ||||
| Capital expenditures | -$23.01 | -$23.05 | -$12.25 | -$8.88 |
| Investments | ||||
| Total cash flows from investing | -$66.9 | -$23.05 | -$12.25 | -$8.88 |
| Financing activities | ||||
| Dividends paid | -$270.58 | -$249.58 | -$258.87 | -$251.63 |
| Sale and purchase of stock | ||||
| Net borrowings | $1325.15 | -$28.5 | $385.21 | $0.59 |
| Total cash flows from financing | $633.73 | -$244.1 | $723.64 | -$821.14 |
| Effect of exchange rate | $29.67 | -$16.12 | -$7.76 | $4.71 |
| Change in cash and equivalents | $36.45 | $35 | $4.58 | -$117.74 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $474.33 | $167.54 | $408.84 | $152.14 |
| Operating activities | ||||
| Depreciation | $231.71 | $341.34 | $113.29 | $41.25 |
| Business acquisitions & disposals | -$43.9 | -$301.58 | -$1057.41 | -$120.82 |
| Stock-based compensation | $255.97 | $200.39 | $237.19 | $122.99 |
| Total cash flows from operations | -$233.26 | -$734.11 | -$2596.05 | -$425.66 |
| Investing activities | ||||
| Capital expenditures | -$67.18 | -$35.8 | -$27.23 | -$15.94 |
| Investments | ||||
| Total cash flows from investing | -$111.08 | -$337.38 | -$1084.63 | -$136.76 |
| Financing activities | ||||
| Dividends paid | -$1030.67 | -$836.36 | -$593.51 | -$446.78 |
| Sale and purchase of stock | $827.43 | $383.15 | ||
| Net borrowings | $1682.44 | $1769.37 | $2833.18 | $1152.32 |
| Total cash flows from financing | $292.13 | $1128.06 | $3503.63 | $943.89 |
| Effect of exchange rate | $10.5 | -$10.24 | -$19.1 | $19.96 |
| Change in cash and equivalents | -$41.71 | $46.33 | -$196.16 | $401.43 |
News
Fundamentals
| Market cap | $41.13B |
|---|---|
| Enterprise value | $55.39B |
| Shares outstanding | 307.59M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | N/A |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 21.66 |
| Book/Share | 6.17 |
| Cash/Share | 4.87 |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | 10.41 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.38 |
| Quick ratio | 0.38 |