SuperworthAres Management ARES
- Market cap
- $40.3B
- PE
- 54.7×
- 10y median 55.7×
- Forward PE
- 19.2×
- 10y median 21.4×
- Price to sales
- 6.7×
- EV/EBIT
- 35.1×
- Revenue, 12 months
- $6B
- +24% on a year ago
- Net margin
- 10.6%
- Free cash flow yield
- n/m
- not a meaningful number
Ares Management trades at 54.7× trailing earnings, near its ten-year median. Revenue was $6B over the last twelve months, up 24% on a year earlier with a 11% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $671.3M−16% | $1.1B+12% | $707.4M−13% | $788.7M−28% | $1.1B+68% | $1.3B+20% | $1.1B+54% | $1.4B+71% | $1.7B+47% | $1.5B+20% | $1.4B+28% | $1.4B+6% | |
| SG&A | $211.8M−34% | $158.8M+20% | $170.9M+15% | $169.4M+20% | $197M−7% | $199.1M+25% | $227.9M+33% | $232.2M+37% | $246.2M+25% | $289.9M+46% | $240.4M+6% | $255.7M+10% |
| $91.9M+99% | $532.5M+18% | $123.5M−59% | $199.4M−66% | $496.8M+441% | $596.8M+12% | $203.8M+65% | $474.3M+138% | $751.6M+51% | $610.1M+2% | $463.6M+128% | $484.2M+2% | |
| Interest expense | $26M+42% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Pre-tax income | $226.9M | $483.1M+41% | $231M−4% | $317.3M−17% | $327.1M+44% | $399.9M−17% | $141M−39% | $286.9M−10% | $652.3M+99% | $206.6M−48% | $312.9M+122% | $385.9M+35% |
| $29.9M | $59.6M+20% | $27.2M−19% | $41.1M−17% | $46.5M+55% | $49.9M−16% | $17.5M−36% | $61M+48% | $111.9M+141% | $8.1M−84% | $59.9M+241% | $73M+20% | |
| Net income | $116.7M | −$87.6M | $73M−60% | $94.9M−64% | $118.5M+2% | $177.3M | $47.2M−35% | $137.1M+44% | $288.9M+144% | $54.2M−69% | $142.6M+202% | $150.6M+10% |
| $0.30 | $0.87+32% | $0.33−33% | $0.43−42% | $0.55+83% | $0.76−13% | $0.00 | $0.46+7% | $1.15+109% | $0.13−83% | $0.46 | $0.49+7% | |
| 186.2M+6% | 201M+14% | 192.6M+8% | 196.2M+1% | 200.7M+8% | 202.6M+1% | 209.4M+9% | 218.9M+12% | 219.9M+10% | 221.1M+9% | 224M+7% | 226.3M+3% |
Revenue: Q1 FY13: 6 months less the 3 months printed beside them.
SG&A: Q1 FY13: 6 months less the 3 months printed beside them.
Operating income: Q1 FY13: 6 months less the 3 months printed beside them. 46 periods, Q2 FY13 to Q2 FY26: not printed by the filing, worked out from its own lines.
Interest expense: Q1 FY13: 6 months less the 3 months printed beside them.
Pre-tax income: Q1 FY13: 6 months less the 3 months printed beside them.
Income tax: Q1 FY13: 6 months less the 3 months printed beside them.
Net income: Q4 FY20: not printed by the filing, worked out from its own lines.
EPS, diluted: 7 periods, Q4 FY14 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 9 periods, Q4 FY14 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY18: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. Q4 FY20 and Q4 FY23: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $1.2B | $1.2B to $1.3B | $1.26 | $1.21 to $1.31 | 12 |
| Q4 FY26 | $1.9B | $1.8B to $1.9B | $1.96 | $1.83 to $2.03 | 10 |
| Q1 FY27 | $1.5B | $1.4B to $1.5B | $1.51 | $1.46 to $1.56 | 8 |
| Q2 FY27 | $1.5B | $1.5B to $1.6B | $1.59 | $1.53 to $1.64 | 8 |
| Q3 FY27 | $1.6B | $1.6B to $1.7B | $1.67 | $1.61 to $1.72 | 8 |
| Q4 FY27 | $2.3B | $2.2B to $2.4B | $2.35 | $2.27 to $2.42 | 8 |
| Q1 FY28 | $1.7B | $1.7B to $1.8B | $1.74 | $1.68 to $1.79 | 9 |
| Q2 FY28 | $1.8B | $1.7B to $1.8B | $1.85 | $1.79 to $1.91 | 9 |
Peers
Companies in Asset Management nearest Ares Management's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| ARESAres Management | $40.3B | 54.7× | 55.7× | 19.2× | 6.7× | +24% | 10.6% |
| AMPAmeriprise Financial | $43.5B | 11.9× | 14.1× | 10.1× | 2.2× | +9% | 19.9% |
| STTState Street | $46.1B | 14.8× | 13.2× | 11.2× | n/m | +12% | 23.0% |
| NTRSNorthern Trust | $30.7B | 14.4× | 15.3× | 14.0× | n/m | +15% | 24.8% |
| RJFRaymond James Financial | $30.3B | 13.7× | 15.1× | 11.4× | 1.8× | +8% | 13.6% |
| APOApollo Global Management | $66.6B | 40.9× | 18.2× | 11.7× | n/m | +41% | 5.2% |
| PFGPrincipal Financial | $23.2B | 15.4× | 11.6× | 11.0× | 1.5× | +4% | 9.9% |
| TROWT. Rowe Price | $22.2B | 10.5× | 14.4× | 10.3× | 2.9× | +7% | 29.3% |
| KKRKKR | $82B | 29.1× | 21.4× | 10.7× | n/m | +31% | 14.8% |
| BXBlackstone | $88.6B | 26.4× | 26.5× | 18.8× | 5.5× | +17% | 21.8% |
| TPGTPG | $17.2B | 82.7× | 177× | n/m | 3.4× | +30% | 4.7% |
| Peer median | $37.1B | 15.1× | 15.2× | 11.2× | 2.6× | +13% | 17.3% |
Investors who own it
Investors we follow who held Ares Management at the end of Jun 30, 2026, from their 13F filings.
- Dan LoebThird Point0.9% of portfolionew
More on Ares Management
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #6of 64Financial stocks with the highest dividend yields
- #3of 12Asset managers with the highest dividend yields
Its groups
About
- Industry
- Asset Management
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .