Ares Management Corporation (ARES) Stock

About Ares Management Corporation

Ares Management Corporation functions as an investment firm specializing in alternative assets, with operations spanning the United States, Europe, and Asia. Its Tradable Credit division oversees diverse investment vehicles, including pooled funds and separately managed accounts for institutional investors, alongside publicly traded products and sub-advised funds aimed at retail investors, all within the tradable and non-investment grade corporate credit markets. The Direct Lending segment delivers financial solutions to small and medium-sized businesses. Through its Private Equity arm, the company primarily targets investments where it holds a majority or shared controlling interest, focusing on companies that are currently under-capitalized. The Real Estate group is involved in financing new property developments and the strategic repositioning of existing assets, often taking control or majority-control stakes. This group also creates and invests in specialized financing opportunities for middle-market commercial real estate owners and operators. Established in 1997, the company, formerly known as Ares Management, L.P., is headquartered in Los Angeles, California, and maintains a global footprint with additional offices across the United States, Europe, and Asia. Ares Management GP LLC serves as its general partner.

Ares Management Corporation is led by CEO Michael J. Arougheti, employs 4,250 people, headquartered in Los Angeles, US, publicly traded since 2014.

Ares Management Corporation (ARES) stock trades at $127.76 with a market capitalization of $41.96B. The stock is valued at a price-to-earnings (P/E) ratio of 61.76, price-to-book of 9.30, price-to-sales of 6.44. Over the past 52 weeks the stock has ranged between $95.80 and $195.26, and currently trades 34.6% below its 52-week high.

On profitability, Ares Management Corporation generates a return on equity (ROE) of 12.33%, above the typical market average, return on capital employed of 20.24%, an operating margin of 27.22%, a net profit margin of 9.87%.

In its most recent fiscal year, Ares Management Corporation reported annual revenue of $6.5B, net profit of $527.0M, revenue has compounded at 29.7% a year over the last five years, profit at 28.2% a year.

The balance sheet shows a debt-to-equity ratio of 3.51 — a leveraged balance sheet worth monitoring, a current ratio of 2.24, total assets of $29.0B, $1.5B in cash and equivalents.

ARES has an average daily trading volume of 2,498,367 shares, a beta of 1.52 (more volatile than the overall market).

Official website: www.aresmgmt.com