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Ares Management Corp
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Financials
Income Statement
Revenue
Net income
| (USD) | Mar 2024info | Y/Y change |
|---|---|---|
Revenue | 707.36M | -13.03% |
Operating expense | 102.57M | -34.33% |
Net income | 73.03M | -22.34% |
Net profit margin | 10.32 | -10.73% |
Earnings per share | 0.80 | 12.68% |
EBITDA | 284.52M | 23.15% |
Effective tax rate | 11.79% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Mar 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 1.55B | 50.48% |
Total assets | 24.41B | 11.33% |
Total liabilities | 19.38B | 11.76% |
Total equity | 5.03B | — |
Shares outstanding | 194.69M | — |
Price to book | 16.48 | — |
Return on assets | 2.52% | — |
Return on capital | 3.01% | — |
Cash Flow
Net change in cash
| (USD) | Mar 2024info | Y/Y change |
|---|---|---|
Net income | 73.03M | -22.34% |
Cash from operations | 710.04M | 0.35% |
Cash from investing | -34.07M | -283.81% |
Cash from financing | -666.63M | 18.82% |
Net change in cash | -1.94M | 98.35% |
Free cash flow | 399.04M | 128.17% |
Previous close
$149.82
Day range
$146.53 - $150.12
Year range
$81.71 - $150.12
Market cap
45.44B USD
Avg Volume
1.21M
P/E ratio
70.51
Dividend yield
2.54%
Primary exchange
NYSE
About
Ares Management Corporation is a global alternative investment manager operating in the credit, private equity and real estate markets. The company was founded in 1997 with additional offices across North America, Europe, and Asia.
As of September 2021, Ares Management Corporation's global platform had approximately $295 billion of assets under management and 1,500 employees operating across North America, Europe, Asia Pacific and the Middle East. Wikipedia
Founded
1997
Headquarters
Website
Employees
2,868