Ares Management EV/EBIT ARES

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2015.

Today, Oct 23, 2026: 35.1×
10-year median: 40.6×
Against its 10-year history: 29th; percentile: 0 is its lowest day, 100 its highest
10-year range: 14.4× to 119×
Peer median: 22.4×

Ares Management's EV/EBIT is 35.1× as of Oct 23, 2026.

That is below its ten-year median of 40.6×, lower than on 71% of days in the last ten years.

Over that time it ranged from 14.4× in Mar 2017 to 119× in Oct 2020.

The median for 10 asset managers of a similar size is 22.4×.

EV/EBIT over time

median 40.6×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	35.1×	33.0×	47.1×
2025	45.5×	38.3×	64.3×
2024	51.7×	39.0×	52.6×
2023	39.6×	36.7×	53.3×
2022	46.2×	27.0×	52.8×
2021	33.3×	27.9×	109×
2020	103×	25.0×	119×
2019	32.5×	31.5×	53.3×
2018	49.3×	18.1×	77.2×
2017	52.0×	14.4×	52.0×
2016	19.8×	14.3×	84.8×
2015	15.0×	15.0×	68.2×

Against its peers

Companies in Asset Management nearest Ares Management's size, closest first, today.

Company	EV/EBIT
ARESAres Management	35.1×
AMPAmeriprise Financial	n/m
STTState Street	n/m
NTRSNorthern Trust	n/m
RJFRaymond James Financial	n/m
APOApollo Global Management	n/m
PFGPrincipal Financial	n/m
TROWT. Rowe Price	8.1×
KKRKKR	n/m
BXBlackstone	48.5×
TPGTPG	22.4×
Peer median	22.4×

Where Ares Management ranks

#31of 37Asset managers with the lowest EV/EBIT

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Ares Management

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.