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Ares Management Corporation operates as an alternative asset manager. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment specializes in early venture, turnaround, mid venture, late venture, recapitalization, growth capital, middle market, mezzanine, distressed and growth buyouts. The firm seeks to invest in healthcare, services, energy, industrials and consumer. The firm seeks to takes majority, minority and shared-control investments primarily in under-capitalized companies in North America, Europe, Asia Pacific, Southeast Asia and Australia. 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 prefers to invest between $1 million and $500 million in companies having EBITDA between $10 million and $250 million and debt investment value between $10 million and $100 million. Ares Management Corporation was founded in 1997 and is based in Los Angeles, California with additional offices in North America, Europe and Asia.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 1286.89M | 1275.35M | 1333.06M | 510.81M | 1065.69M |
| Minority interest | -561.00M | -646.99M | -685.77M | -271.37M | -509.47M |
| Net income | 527.36M | 463.74M | 474.33M | 438.92M | 918.30M |
| Selling general administrative | 1048.79M | 1186.07M | 1267.67M | 695.26M | 444.18M |
| Selling and marketing expenses | - | 66.81M | 49.53M | - | - |
| Gross profit | 4839.22M | 2153.03M | 2145.19M | 1038.02M | 1308.67M |
| Reconciled depreciation | 243.15M | 158.58M | 231.71M | 341.34M | 113.29M |
| Ebit | 2054.35M | 2253.65M | 2193.94M | 915.40M | 1264.09M |
| Ebitda | 2296.28M | 2412.23M | 2425.65M | 1256.75M | 1377.39M |
| Depreciation and amortization | 241.93M | 158.58M | 231.71M | 341.34M | 113.29M |
| Non operating income net other | - | - | - | 27.25M | 43.37M |
| Operating income | 1761.37M | 946.09M | 834.03M | 915.40M | 1264.09M |
| Other operating expenses | 4708.77M | 2938.69M | 2797.86M | 2749.09M | 3410.08M |
| Interest expense | 767.46M | 978.30M | 860.88M | 482.72M | 294.81M |
| Tax provision | 198.53M | 164.62M | 172.97M | 71.89M | 147.38M |
| Interest income | 622.72M | 976.40M | 1014.82M | 595.93M | 447.68M |
| Net interest income | -144.74M | -978.30M | -860.88M | 113.21M | 152.88M |
| Income tax expense | 198.53M | 164.62M | 172.97M | 71.89M | 147.38M |
| Total revenue | 6470.14M | 3884.78M | 3631.88M | 3055.44M | 4212.09M |
| Total operating expenses | 3077.85M | 1206.94M | 1311.16M | 731.67M | 506.66M |
| Cost of revenue | 1630.92M | 1731.75M | 1486.70M | 2017.42M | 2903.42M |
| Total other income expense net | -474.48M | 329.26M | 499.04M | -404.60M | -198.40M |
| Net income from continuing ops | 1088.36M | 1110.73M | 1160.09M | 438.92M | 918.30M |
| Net income applicable to common shares | - | - | - | 167.54M | 386.75M |
| Preferred stock and other adjustments | - | - | - | - | 22.09M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 28993.00M | 24884.31M | 24730.50M | 22002.84M | 21605.16M |
| Intangible assets | 2115.83M | 975.83M | 1058.49M | 1208.22M | 1422.82M |
| Other current assets | -51.98M | - | -2770.96M | -3974.73M | 86.89M |
| Total liab | 20291.61M | 18060.12M | 19709.15M | 18204.22M | 17790.74M |
| Total stockholder equity | 4275.46M | 3543.65M | 1893.40M | 1589.24M | 1825.23M |
| Deferred long term liab | - | - | - | 5.51M | 14.39M |
| Other current liab | - | 3370.09M | 3191.14M | 2853.24M | 3507.36M |
| Common stock | 3.24M | 3.13M | 3.08M | 2.95M | 2.90M |
| Capital stock | 1463.30M | 1461.90M | 3.08M | 2.95M | 2.90M |
| Retained earnings | -1452.26M | -837.29M | -495.08M | -369.48M | -89.38M |
| Other liab | - | - | - | 17.04M | 31.52M |
| Good will | 3454.11M | 1162.64M | 1123.98M | 999.66M | 787.97M |
| Other assets | 9212.30M | 20175.75M | 1.13M | 175.98M | 19167.72M |
| Cash | 1499.96M | 2735.47M | 1497.79M | 1114.63M | 1392.85M |
| Total current liabilities | 1494.75M | 4332.06M | 3791.18M | 3421.49M | 4018.06M |
| Net debt | 13412.42M | 10412.50M | 14258.17M | 12219.61M | 11101.37M |
| Short term debt | 1494.75M | 275.00M | 176.64M | 168.05M | 127.77M |
| Short long term debt | 2251.78M | 275.00M | 125.24M | 168.05M | 71.50M |
| Short long term debt total | 14912.38M | 13147.97M | 15755.95M | 13334.24M | 12494.22M |
| Other stockholder equity | 4242.68M | 2936.79M | 2391.04M | 1970.75M | 1913.56M |
| Property plant equipment | - | - | - | 236.03M | 239.92M |
| Total current assets | 3348.75M | 4246.26M | 2770.96M | 2199.41M | 2550.78M |
| Long term investments | 12832.92M | 17382.62M | 19226.52M | 3974.73M | 16500.94M |
| Net tangible assets | - | - | - | 3264.95M | -487.18M |
| Short term investments | - | - | -18703.48M | 3974.73M | 3684.26M |
| Net receivables | 1900.77M | 1510.79M | 1273.18M | 1084.78M | 1157.94M |
| Long term debt | 11300.49M | 12231.10M | 15311.14M | 2273.85M | 12217.64M |
| Accounts payable | 1309.60M | 686.97M | 423.41M | 400.21M | 382.93M |
| Accumulated other comprehensive income | 21.74M | -17.76M | -5.63M | -14.99M | -1.85M |
| Common stock total equity | - | - | - | 2.95M | 2.90M |
| Retained earnings total equity | - | - | - | -369.48M | -89.38M |
| Non currrent assets other | 6712.08M | 186.08M | 179.00M | 111.62M | 64.34M |
| Non current assets total | 25644.25M | 20638.05M | 21959.54M | 19803.43M | 19054.38M |
| Capital lease obligations | 670.00M | 641.86M | 319.57M | 190.62M | 205.07M |
| Long term debt total | - | - | - | 2273.85M | 1503.71M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -159.40M | -111.08M | -337.38M | -1084.63M |
| Change to liabilities | - | - | - | -51.69M | 125.17M |
| Total cashflows from investing activities | 694.23M | -159.40M | -111.08M | -337.38M | -1084.63M |
| Net borrowings | 293.08M | -2277.99M | 1682.44M | 773.91M | 2833.18M |
| Total cash from financing activities | -3274.60M | -1431.59M | 292.13M | 1128.06M | 3503.62M |
| Change to operating activities | - | - | - | -122.33M | 152.02M |
| Net income | 484.79M | 1110.73M | 1160.09M | 438.92M | 918.30M |
| Change in cash | -1287.48M | 1159.70M | -41.71M | 46.33M | -196.16M |
| Begin period cash flow | 2735.47M | 348.27M | 389.99M | 343.65M | 539.81M |
| End period cash flow | 1447.98M | 1507.98M | 348.27M | 389.99M | 343.65M |
| Total cash from operating activities | 1616.52M | 2791.15M | -233.26M | -734.11M | -2596.05M |
| Issuance of capital stock | 0.00M | 1865.89M | 0.00M | 0.00M | 827.43M |
| Depreciation | 241.93M | 158.58M | 231.71M | 341.34M | 113.29M |
| Other cashflows from investing activities | - | -1744.62M | - | -301.58M | -1057.41M |
| Dividends paid | 1756.69M | 1310.90M | 1030.67M | -836.36M | -604.36M |
| Change to inventory | - | - | 48.86M | - | 190.13M |
| Change to account receivables | -37.80M | -188.17M | -48.86M | -20.61M | -745.02M |
| Sale purchase of stock | - | - | -1202.88M | -180.11M | -310.00M |
| Other cashflows from financing activities | -1301.49M | 1750.17M | -445.61M | 3191.81M | 4139.30M |
| Change to netincome | - | - | - | 190.71M | -2650.34M |
| Capital expenditures | 72.18M | 91.51M | 67.18M | 35.80M | 27.23M |
| Cash flows other operating | - | - | - | -53.99M | 108.89M |
| Cash and cash equivalents changes | - | - | - | 56.57M | -177.05M |
| Change in working capital | 273.24M | -202.99M | -454.06M | -194.63M | -467.83M |
| Stock based compensation | 740.55M | 352.85M | 255.97M | 200.39M | 237.19M |
| Other non cash items | 616.56M | 1371.98M | -1426.97M | -1520.13M | -3230.72M |
| Free cash flow | 1544.34M | 2699.64M | -300.44M | -769.91M | -2623.27M |
Sector: Financial Services Industry: Asset Management
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| ARES Ares Management LP |
-2.23 1.62% |
135.66 | 60.33 | 18.02 | 7.15 | 11.71 | 7.32 | 23.10 |
| BLK BlackRock Inc |
2.63 0.21% |
1228.94 | 26.25 | 19.57 | 6.33 | 2.90 | 6.35 | 17.13 |
| BX Blackstone Group Inc |
-1.80 1.48% |
120.20 | 33.20 | 20.12 | 11.05 | 11.56 | 9.14 | 15.74 |
| IVSBF Investor AB ser. B |
0.01 0.01% |
43.59 | 4.67 | 3.83 | 3.78 | 1.13 | 4.15 | 1.68 |
| KKR KKR & Co. Inc. |
-1.70 1.70% |
98.35 | 32.68 | 13.66 | 3.58 | 3.22 | 0.68 | 1.47 |
Ares Management Corporation operates as an alternative asset manager. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment specializes in early venture, turnaround, mid venture, late venture, recapitalization, growth capital, middle market, mezzanine, distressed and growth buyouts. The firm seeks to invest in healthcare, services, energy, industrials and consumer. The firm seeks to takes majority, minority and shared-control investments primarily in under-capitalized companies in North America, Europe, Asia Pacific, Southeast Asia and Australia. 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 prefers to invest between $1 million and $500 million in companies having EBITDA between $10 million and $250 million and debt investment value between $10 million and $100 million. Ares Management Corporation was founded in 1997 and is based in Los Angeles, California with additional offices in North America, Europe and Asia.
1800 Avenue of the Stars, Los Angeles, CA, United States, 90067
310 201 4100
4343
| Name | Title | Year Born |
|---|---|---|
| Mr. Michael J. Arougheti | Co-Founder, CEO, Pres & Director | 1972 |
| Mr. David B. Kaplan | Co-Founder, Partner, Co-Chairman of Private Equity Group & Director | 1967 |
| Mr. Bennett Rosenthal | Co-Founder, Partner, Co-Chairman of Private Equity Group & Director | 1963 |
| Mr. Jarrod Morgan Phillips | Partner & CFO | 1979 |
| Mr. Robert Kipp DeVeer III | Partner, Head of Credit Group & Director | 1973 |
| Mr. Antony Peter Ressler | Co-Founder & Exec. Chairman | 1961 |
| Mr. Edwin Wong | Managing Partner & CEO of Ares SSG | NA |
| Mr. Sandesh Hegde | Partner, Global Chief Information Officer, Chief Operating Officer & Pres of AOISSC | NA |
| Mr. Mark Charles Infanger CPA | MD and Chief Accounting Officer for Fin., Accounting & Operations | 1972 |
| Mr. Carl G. Drake C.F.A. | Partner, Head of Public Markets Investor Relations & Corp. Communications | NA |
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