NYSE
ARES

Ares Management LP

Asset Management
Financial Services

Prices are adjusted according to historical splits.

Ares Management LP Stock Price

Vitals

Today's Low:
$105.1
Today's High:
$106.475
Open Price:
$105.14
52W Low:
$52.2839
52W High:
$87.5
Prev. Close:
$105.6
Volume:
1051609

Company Statistics

Market Cap.:
$24.59 billion
Book Value:
8.959
Revenue TTM:
$3.06 billion
Operating Margin TTM:
16.78%
Gross Profit TTM:
$1.24 billion
Profit Margin:
5.48%
Return on Assets TTM:
1.47%
Return on Equity TTM:
8.94%

Company Profile

Ares Management LP had its IPO on 2014-05-02 under the ticker symbol ARES.

The company operates in the Financial Services sector and Asset Management industry. Ares Management LP has a staff strength of 2,550 employees.

Stock update

Shares of Ares Management LP opened at $105.14 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $105.1 - $106.48, and closed at $105.62.

This is a +0.02% increase from the previous day's closing price.

A total volume of 1,051,609 shares were traded at the close of the day’s session.

In the last one week, shares of Ares Management LP have increased by +2.36%.

Ares Management LP's Key Ratios

Ares Management LP has a market cap of $24.59 billion, indicating a price to book ratio of 8.48 and a price to sales ratio of 5.8319.

In the last 12-months Ares Management LP’s revenue was $3.06 billion with a gross profit of $1.24 billion and an EBITDA of $853.95 million. The EBITDA ratio measures Ares Management LP's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Ares Management LP’s operating margin was 16.78% while its return on assets stood at 1.47% with a return of equity of 8.94%.

In Q4, Ares Management LP’s quarterly earnings growth was a negative -9.2% while revenue growth was a negative 28.4%.

Ares Management LP’s PE and PEG Ratio

Forward PE
17.7305
Trailing PE
95.2644
PEG
0.63

Its diluted EPS in the last 12-months stands at $0.87 per share while it has a forward price to earnings multiple of 17.7305 and a PEG multiple of 0.63. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ares Management LP’s profitability.

Ares Management LP stock is trading at a EV to sales ratio of 7.1322 and a EV to EBITDA ratio of 28.0319. Its price to sales ratio in the trailing 12-months stood at 5.8319.

Ares Management LP stock pays annual dividends of $2.44 per share, indicating a yield of 3.68% and a payout ratio of 77.61%.

Balance sheet and cash flow metrics

Total Assets
$22.00 billion
Total Liabilities
$994.85 million
Operating Cash Flow
$-7333000.00
Capital Expenditure
$7.41 million
Dividend Payout Ratio
77.61%

Ares Management LP ended 2024 with $22.00 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $22.00 billion while shareholder equity stood at $1.59 billion.

Ares Management LP ended 2024 with $0 in deferred long-term liabilities, $994.85 million in other current liabilities, 2946000.00 in common stock, $-369475000.00 in retained earnings and $999.66 million in goodwill. Its cash balance stood at $389.99 million and cash and short-term investments were $389.99 million. The company’s total short-term debt was $0 while long-term debt stood at $2.27 billion.

Ares Management LP’s total current assets stands at $1.15 billion while long-term investments were $3.97 billion and short-term investments were $0. Its net receivables were $758.47 million compared to accounts payable of $994.85 million and inventory worth $0.

In 2024, Ares Management LP's operating cash flow was $-7333000.00 while its capital expenditure stood at $7.41 million.

Comparatively, Ares Management LP paid $0.78 in dividends in 2024.

Other key metrics

Current Trading Price
$105.62
52-Week High
$87.5
52-Week Low
$52.2839
Analyst Target Price
$94.82

Ares Management LP stock is currently trading at $105.62 per share. It touched a 52-week high of $87.5 and a 52-week low of $87.5. Analysts tracking the stock have a 12-month average target price of $94.82.

Its 50-day moving average was $100.2 and 200-day moving average was $85 The short ratio stood at 3.36 indicating a short percent outstanding of 0%.

Around 1807.2% of the company’s stock are held by insiders while 7602.4% are held by institutions.

Frequently Asked Questions About Ares Management LP

The stock symbol (also called stock or share ticker) of Ares Management LP is ARES

The IPO of Ares Management LP took place on 2014-05-02

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About

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.

Address

2000 Avenue of the Stars, Los Angeles, CA, United States, 90067