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.

Ares Management Corporation

Ares Wealth Management Solutions

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2024, Ares Management Corporation's global platform had approximately $428 billion of assets under management with approximately 2,900 employees operating across North America, Europe, Asia Pacific and the Middle East.

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	478.65M -	603.89M 26.16%	814.44M 34.87%	1.20B 47.24%	1.42B 18.04%	958.46M 32.29%	1.77B 84.20%	1.76B 0.08%	4.21B 138.77%	3.06B 27.46%	4.99B 63.22%
cost of revenue	528.20M -	626.40M 18.59%	526.14M 16.01%	835.57M 58.81%	993.83M 18.94%	600.63M 39.56%	1.15B 91.55%	1.17B 1.81%	2.90B 147.87%	2.02B 30.52%	1.49B 26.31%
gross profit	-49.54M -	-22.51M 54.56%	288.31M 1,380.73%	363.63M 26.13%	421.67M 15.96%	357.83M 15.14%	614.90M 71.84%	592.68M 3.61%	1.31B 120.81%	1.04B 20.68%	3.50B 237.21%
selling and marketing expenses
general and administrative expenses	138.46M -	166.84M 20.49%	224.80M 34.74%	159.78M 28.92%	196.73M 23.13%	215.96M 9.78%	270.22M 25.12%	259.00M 4.15%	444.18M 71.50%	695.26M 56.53%	1.27B 82.33%
selling general and administrative expenses	138.46M -	166.84M 20.49%	224.80M 34.74%	159.78M 28.92%	196.73M 23.13%	215.96M 9.78%	270.22M 25.12%	259.00M 4.15%	444.18M 71.50%	695.26M 56.53%	1.27B 82.33%
research and development expenses
other expenses	135.24M -	-2.42M 101.79%	21.68M 995.13%	35.65M 64.44%	19.47M 45.39%	-851K 104.37%	42.05M 5,040.66%	20.12M 52.15%	62.49M 210.58%	36.41M 41.73%	4.82M 86.76%
cost and expenses	801.90M -	860.04M 7.25%	769.04M 10.58%	1.02B 32.17%	1.23B 20.97%	870.36M 29.21%	1.46B 68.07%	1.45B 0.84%	3.41B 135.10%	2.75B 19.38%	2.80B 1.77%
operating expenses	273.70M -	233.64M 14.64%	242.90M 3.97%	180.85M 25.55%	235.75M 30.36%	269.73M 14.41%	312.26M 15.77%	279.12M 10.61%	506.66M 81.52%	731.67M 44.41%	1.31B 79.20%
interest expense	543.91M -	674.99M 24.10%	97.77M 85.52%	109.43M 11.93%	147.95M 35.19%	244.34M 65.16%	297.42M 21.72%	311.22M 4.64%	294.81M 5.27%	482.72M 63.74%	860.88M 78.34%
ebitda	968.32M -	686.51M 29.10%	198.50M 71.09%	418.61M 110.89%	438.63M 4.78%	460.67M 5.02%	737.37M 60.06%	837.82M 13.62%	1.38B 64.40%	1.26B 8.76%	2.43B 93.01%
operating income	-323.24M -	-256.15M 20.76%	45.40M 117.72%	182.78M 302.59%	-89.26M 148.83%	88.10M 198.70%	697.91M 692.18%	796.57M 14.14%	1.26B 58.69%	915.40M 27.58%	474.30M 48.19%
depreciation and amortization	49.53M -	36.13M 27.06%	55.27M 52.99%	37.45M 32.24%	32.81M 12.40%	28.52M 13.08%	39.46M 38.37%	41.25M 4.53%	113.29M 174.66%	341.34M 201.29%	231.71M 32.12%
total other income expenses net	497.76M -	542.98M 9.08%	2.43M 99.55%	61.84M 2,442.93%	-88.55M 243.18%	-4.32M 95.12%	-272.73M 6,216.03%	-417.10M 52.94%	-198.40M 52.43%	-404.60M 103.93%	4.82M 101.19%
income before tax	872.64M -	556.91M 36.18%	81.48M 85.37%	297.92M 265.62%	149.86M 49.70%	184.34M 23.01%	425.18M 130.65%	379.48M 10.75%	1.07B 180.83%	510.81M 52.07%	1.33B 160.97%
income tax expense	59.26M -	11.25M 81.01%	19.06M 69.41%	11.02M 42.20%	-23.05M 309.20%	32.20M 239.69%	52.38M 62.65%	54.99M 5.00%	147.38M 168.01%	71.89M 51.22%	172.97M 140.60%
net income	966.38M -	34.99M 96.38%	19.38M 44.62%	111.81M 476.98%	76.18M 31.87%	57.02M 25.15%	372.80M 553.81%	324.49M 12.96%	918.30M 183.00%	438.92M 52.20%	474.33M 8.07%
weighted average shs out	75.46M -	80.36M 6.49%	80.67M 0.39%	81.89M 1.51%	81.84M 0.06%	96.02M 17.33%	107.91M 12.38%	135.07M 25.16%	163.70M 21.20%	175.51M 7.21%	184.52M 5.14%
weighted average shs out dil	75.46M -	80.40M 6.54%	81.38M 1.22%	82.94M 1.92%	82.08M 1.03%	96.02M 16.99%	119.88M 24.84%	149.51M 24.72%	180.11M 20.47%	175.51M 2.55%	195.77M 11.54%
eps	2.39 -	0.43 82.01%	0.23 46.51%	1.22 430.43%	0.62 49.18%	0.59 4.84%	3.45 484.75%	2.40 30.43%	5.61 133.75%	2.50 55.44%	2.46 1.60%
epsdiluted	2.39 -	0.43 82.01%	0.23 46.51%	1.20 421.74%	0.62 48.33%	0.59 4.84%	3.11 427.12%	2.17 30.23%	5.10 135.02%	2.50 50.98%	2.42 3.20%

NYSE:ARES

Ares Management Corporation

Last Close

149.82

16/05 20:00

Market Cap

22.48B

Beta: 1.33

Volume Today

1.46M

Avg: 1.04M

PE Ratio

27.86

PFCF: 272.95

Dividend Yield

2.47%

Payout:117.37%