Ares Management Corp financial data

Symbol
ARES, ARES-PB on NYSE
Location
1800 Ave Of The Stars, Suite 1400, Los Angeles, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
ARES MANAGEMENT LP (to 11/26/2018)
Latest financial report
10-Q - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 984 % -6.38%
Return On Equity 4.59 % -62.9%
Return On Assets 0.78 % -63.3%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 313M shares +2.29%
Entity Public Float 16.5B USD +81.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.57B USD +10.7%
Revenue from Contract with Customer, Excluding Assessed Tax 3.68B USD +4.67%
Nonoperating Income (Expense) 407M USD +4.18%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.36B USD +13.9%
Income Tax Expense (Benefit) 174M USD +6.92%
Net Income (Loss) Attributable to Parent 168M USD -59%

Balance Sheet

Label TTM Value / Value Unit Change %
Goodwill 1.13B USD +13.6%
Assets 24.5B USD +4.87%
Liabilities 18.6B USD +1.66%
Accumulated Other Comprehensive Income (Loss), Net of Tax 8.45M USD
Retained Earnings (Accumulated Deficit) -792M USD -53.8%
Stockholders' Equity Attributable to Parent 2.08B USD +19.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 5.31B USD +32.1%
Liabilities and Equity 24.5B USD +4.87%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 710M USD +0.35%
Net Cash Provided by (Used in) Financing Activities -667M USD +18.8%
Net Cash Provided by (Used in) Investing Activities -34.1M USD -284%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.94M USD +98.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 350M USD +12.3%
Deferred Tax Assets, Valuation Allowance 900K USD -59.1%
Operating Lease, Liability 536M USD +63.9%
Lessee, Operating Lease, Liability, to be Paid 821M USD +102%
Lessee, Operating Lease, Liability, to be Paid, Year Two 55.1M USD +7.08%
Lessee, Operating Lease, Liability, to be Paid, Year One 57.3M USD +9.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +23.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 285M USD +259%
Lessee, Operating Lease, Liability, to be Paid, Year Three 45.6M USD -3.85%
Deferred Tax Assets, Operating Loss Carryforwards 10.6M USD
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 58.6M USD +58.7%
Operating Lease, Payments 12.8M USD +17%
Additional Paid in Capital 2.86B USD +26.3%
Amortization of Intangible Assets 118M USD -6.77%
Share-based Payment Arrangement, Expense 216M USD -8.16%
Interest Expense 97M USD +41.9%