Ares Management Corp financial data

Symbol
ARES on NYSE
Industry
Investment Advice
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 - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.03K % -3.32%
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 +2.67%
Entity Public Float 16.5B USD +81.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.41B USD +8.08%
Revenue from Contract with Customer, Excluding Assessed Tax 3.22B USD -11.6%
Nonoperating Income (Expense) 472M USD +51.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.26B USD +39%
Income Tax Expense (Benefit) 158M USD +29.8%
Net Income (Loss) Attributable to Parent 168M USD -59%

Balance Sheet

Label TTM Value / Value Unit Change %
Goodwill 1.13B USD +13.3%
Assets 24.2B USD +4.64%
Liabilities 18.4B USD +1.84%
Accumulated Other Comprehensive Income (Loss), Net of Tax -10.5M USD -8.2%
Retained Earnings (Accumulated Deficit) -713M USD -67.5%
Stockholders' Equity Attributable to Parent 2B USD +14.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 5.2B USD +30.2%
Liabilities and Equity 24.2B USD +4.64%

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 284M USD +2.75%
Deferred Tax Assets, Valuation Allowance 900K USD -59.1%
Operating Lease, Liability 304M USD +47.1%
Lessee, Operating Lease, Liability, to be Paid 375M USD +62.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 48.9M USD +10.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 53.4M USD +13.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +29.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 71.1M USD +195%
Lessee, Operating Lease, Liability, to be Paid, Year Three 38M USD +17.9%
Deferred Tax Assets, Operating Loss Carryforwards 10.6M USD
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 27.9M USD +21.8%
Operating Lease, Payments 12.8M USD +17%
Additional Paid in Capital 2.72B USD +24.7%
Amortization of Intangible Assets 120M USD -4.61%
Share-based Payment Arrangement, Expense 216M USD -8.16%
Interest Expense 97M USD +41.9%