ARES Ares Management Corporation Class A Common Stock

NYSE · Financial Services · View on SEC EDGAR ↗
$112.56
Price · Jun 26, 2026
Fundamentals as of May 8, 2026

ARES Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$112.56
Market Cap
P/E (TTM)
EPS (TTM)
Revenue (TTM)
$4.76B
Div Yield
ROE
13.5%
Debt/Equity
52W Range
$96 – $195

ARES Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $4.76B
9-point trend, +338.3%
2017-12-31 2025-12-31
EPS
Free Cash Flow
2-point trend, +24.3%
2017-12-31 2018-12-31
Margins 11.1%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
ARES
Peer Median

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
ARES
Peer Median
Net Profit Margin
5-point trend, -37.9%
11.1%
19.7%
ROA
5-point trend, -11.3%
2.0%
1.9%
ROE
5-point trend, -50.2%
13.5%
12.4%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
ARES
Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
ARES
Peer Median
Revenue YoY
5-point trend, +107.8%
28.9%
Revenue CAGR 3Y
5-point trend, +107.8%
18.2%
Revenue CAGR 5Y
5-point trend, +107.8%
22.1%
Net Income YoY
5-point trend, +29.0%
13.7%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
ARES
Peer Median

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
ARES
Peer Median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
5Y Div CAGR
Ex-dateAmount
June 16, 2026$1.3500
March 17, 2026$1.3500
Dec. 17, 2025$1.1200
Sept. 16, 2025$1.1200
June 16, 2025$1.1200
March 17, 2025$1.1200
Dec. 17, 2024$0.9300
Sept. 16, 2024$0.9300
June 14, 2024$0.9300
March 14, 2024$0.9300
Dec. 14, 2023$0.7700
Sept. 14, 2023$0.7700
June 15, 2023$0.7700
March 16, 2023$0.7700
Dec. 15, 2022$0.6100
Sept. 15, 2022$0.6100
June 15, 2022$0.6100
March 16, 2022$0.6100
Dec. 16, 2021$0.4700
Sept. 15, 2021$0.4700

ARES Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 23 analysts
  • Strong Buy 6 26.1%
  • Buy 11 47.8%
  • Hold 6 26.1%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

17 analysts · 2026-06-24
Median target $142.00 +26.2%
Mean target $145.76 +29.5%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.07%
Next Report
Jul 30, 2026
Period EPS Actual EPS Est Surprise
March 31, 2026 $1.24 $1.36 -0.12%
Dec. 31, 2025 $1.45 $1.73 -0.28%
Sept. 30, 2025 $1.19 $1.18 0.01%
June 30, 2025 $1.03 $1.11 -0.08%
March 31, 2025 $1.09 $0.96 0.12%

Peer Comparison Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
ARES 28.9% 11.1% 13.5%
BAM 21.0% 49.8% 26.6%
STT $36.00B 13.7 7.3% 21.1% 10.7%
KKR $113.64B -11.0% 12.2% 8.7%
AMP $44.75B 13.5 5.5% 18.8% 56.4%
NTRS
TROW $22.38B 11.1 3.1% 28.5% 19.7%
BEN $12.05B 25.4 3.5% 6.0% 4.3%
TPG
CG
OWL 149.4 7.6% 13.9% 3.6%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 8
Annual Income Statement data for ARES
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +687.5% $4.76B $3.69B $3.24B $2.88B $2.29B $1.75B $1.43B $1.22B $1.09B $965M $814M $604M
SG&A Expense 6-point trend, +284.6% $996M $737M $660M $695M $444M $259M · · · · · ·
Operating Expenses 12-point trend, +447.5% $4.71B $2.94B $2.80B $2.75B $3.41B $1.45B $1.46B $870M $1.50B $1.02B $769M $860M
Interest Expense 6-point trend, +276.6% · · · $71M $37M $25M · · $21M $18M $19M ·
Other Non-op 12-point trend, -51.5% $394M $329M $499M $204M $264M $11M $123M $96M $175M $60M $36M $813M
Pretax Income 12-point trend, +131.1% $1.29B $1.28B $1.33B $511M $1.07B $379M $425M $184M $150M $298M $81M $557M
Income Tax 12-point trend, +1664.3% $199M $165M $173M $72M $147M $55M $52M $32M $-23M $11M $19M $11M
Net Income 12-point trend, +1407.3% $527M $464M $474M $168M $409M $152M $149M $57M $76M $112M $19M $35M
Balance Sheet 11
Annual Balance Sheet data for ARES
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 2-point trend, -7.3% · · · · · · · $110M $119M · · ·
Goodwill 12-point trend, +3936.1% $3.45B $1.16B $1.12B $1000M $788M $371M $144M $144M $144M $144M $144M $86M
Intangibles 12-point trend, +1849.9% $798M $408M $491M $640M $769M $222M $8M $31M $40M $58M $85M $41M
Total Assets 12-point trend, +32.3% $28.63B $24.88B $24.73B $22.00B $21.61B $15.17B $12.01B $10.15B $8.56B $5.83B $4.32B $21.64B
Total Liabilities 12-point trend, +34.0% $19.93B $17.49B $19.71B $17.10B $16.69B $12.60B $10.16B $8.76B $7.10B $4.45B $3.33B $14.88B
Paid-in Capital 9-point trend, +4242678000.00 $4.24B $2.94B $2.39B $1.97B $1.91B $1.04B $525M $326M $0 · · ·
Retained Earnings 9-point trend, -1452259000.00 $-1.45B $-837M $-495M $-369M $-89M $-152M $-51M $-29M $0 · · ·
AOCI 12-point trend, +1668.8% $22M $-18M $-6M $-15M $-2M $483.0K $-6M $-9M $-4M $-9M $-5M $-1M
Stockholders' Equity 12-point trend, +1407.4% $4.28B $3.54B $1.89B $1.59B $1.83B $1.19B $768M $588M $1.46B $293M $247M $284M
Liabilities + Equity 12-point trend, +32.3% $28.63B $24.88B $24.73B $22.00B $21.61B $15.17B $12.01B $10.15B $8.56B $5.83B $4.32B $21.64B
Shares Outstanding 8-point trend, +313170171.00 · 313,170,171 307,585,576 294,614,235 290,451,548 259,631,180 115,243,029 101,595,096 0 · · ·
Cash Flow 10
Annual Cash Flow data for ARES
Metric Trend 202520242023202220212020201920182017201620152014
Deferred Tax 12-point trend, +725.5% $83M $63M $98M $7M $83M $15M $8M $4M $-8M $-20M $648.0K $-13M
Amort. of Intangibles 7-point trend, +600.7% $193M $116M $126M $134M · · · $9M $18M · · $28M
Operating Cash Flow 12-point trend, +113.2% $3.27B $2.79B $-233M $-734M $-2.60B $-426M $-2.08B $-1.42B $-1.86B $-626M $-528M $1.53B
CapEx 5-point trend, +10.5% · · · · · · · $18M $33M $12M $11M $17M
Investing Cash Flow 12-point trend, -2252.7% $-1.80B $-159M $-111M $-337M $-1.08B $-137M $-17M $-18M $-33M $-12M $-75M $-77M
Financing Cash Flow 12-point trend, -77.9% $-2.43B $-1.43B $292M $1.13B $3.50B $944M $2.12B $1.41B $1.65B $881M $582M $-1.36B
Net Change in Cash 9-point trend, -355.1% $-1.02B $1.16B $-42M $46M $-196M $401M $28M $-9M $-224M · · ·
Taxes Paid $91M · · · · · · · · · · ·
Free Cash Flow 5-point trend, -194.7% · · · · · · · $-1.44B $-1.90B $-638M $-539M $1.52B
Levered FCF · · · · · · · · $-1.92B · · ·
Profitability 4
Annual Profitability data for ARES
Metric Trend 202520242023202220212020201920182017201620152014
Net Margin 12-point trend, +91.5% 11.1% 12.6% 14.7% 5.8% 17.9% 8.7% 10.4% 4.7% 5.4% 9.3% 2.4% 5.8%
Pretax Margin 12-point trend, -70.7% 27.1% 34.6% 41.2% 17.7% 46.6% 21.6% 29.7% 15.1% 10.6% 24.8% 10.0% 92.2%
ROA 12-point trend, +1131.2% 2.0% 1.9% 2.0% 0.77% 2.2% 1.1% 1.3% 0.61% 1.1% 2.2% 0.15% 0.16%
ROE 12-point trend, -45.3% 13.5% 17.1% 26.6% 9.8% 27.1% 15.5% 22.0% 5.6% 26.8% 41.4% 7.3% 24.7%
Efficiency 1
Annual Efficiency data for ARES
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, +541.5% 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.1 0.0
Per Share 2
Annual Per Share data for ARES
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 7-point trend, +95.5% · $11.32 $6.16 $5.39 $6.28 $4.60 $6.67 $5.79 · · · ·
Dividend / Share 7-point trend, +347.6% · · · · $2 · $1 $1 $1 $1 $1 $0
Growth Rates 6
Annual Growth Rates data for ARES
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -5.4% 28.9% 14.0% 12.4% 25.8% 30.5% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -19.7% 18.2% 17.3% 22.7% · · · · · · · · ·
Revenue CAGR 5Y 22.1% · · · · · · · · · · ·
Net Income YoY 5-point trend, -91.9% 13.7% -2.2% 183.1% -59.0% 168.7% · · · · · · ·
Net Income CAGR 3Y 3-point trend, +1.0% 46.6% 4.3% 46.1% · · · · · · · · ·
Net Income CAGR 5Y 28.2% · · · · · · · · · · ·
Valuation (TTM) 10
Annual Valuation (TTM) data for ARES
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +687.5% $4.76B $3.69B $3.24B $2.88B $2.29B $1.75B $1.43B $1.22B $1.09B $965M $814M $604M
Net Income TTM 12-point trend, +1407.3% $527M $464M $474M $168M $409M $152M $149M $57M $76M $112M $19M $35M
Market Cap 7-point trend, +2969.2% · $55.44B $36.58B $20.16B $23.60B $12.22B $4.11B $1.81B · · · ·
P/S 7-point trend, +913.1% · 15.0 11.3 7.0 10.3 7.0 2.9 1.5 · · · ·
P/B 7-point trend, +409.2% · 15.6 19.3 12.7 12.9 10.2 5.4 3.1 · · · ·
P / Tangible Book 4-point trend, +38.1% · 28.1 131.2 · 87.9 20.3 · · · · · ·
P / Cash Flow 7-point trend, +1658.2% · 19.9 -156.8 -27.5 -9.1 -28.7 -2.0 -1.3 · · · ·
P / FCF · · · · · · · -1.3 · · · ·
Dividend Yield · 0.12% · · · · · · · · · ·
Annual Payout 2-point trend, +30.8% $85M $65M · · · · · · · · · ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312023-03-312022-12-31
Revenue $4.76B$3.69B$3.24B$2.88B
Net Income $527M$464M$474M$168M

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