ARES MANAGEMENT CORP - A (ARES) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:ARES • US03990B1017

137.22 USD
+5.62 (+4.27%)
At close: Feb 4, 2026
137.22 USD
0 (0%)
After Hours: 2/4/2026, 8:04:00 PM
Fundamental Rating

5

Taking everything into account, ARES scores 5 out of 10 in our fundamental rating. ARES was compared to 238 industry peers in the Capital Markets industry. ARES has a medium profitability rating, but doesn't score so well on its financial health evaluation. ARES is not priced too expensively while it is growing strongly. Keep and eye on this one!


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • ARES had positive earnings in the past year.
  • ARES had a positive operating cash flow in the past year.
  • ARES had positive earnings in each of the past 5 years.
  • In the past 5 years ARES reported 4 times negative operating cash flow.
ARES Yearly Net Income VS EBIT VS OCF VS FCFARES Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B -2B

1.2 Ratios

  • With a Return On Assets value of 1.89%, ARES perfoms like the industry average, outperforming 40.76% of the companies in the same industry.
  • With a decent Return On Equity value of 11.44%, ARES is doing good in the industry, outperforming 67.65% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 4.41%, ARES is in the better half of the industry, outperforming 62.60% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for ARES is below the industry average of 7.28%.
  • The last Return On Invested Capital (4.41%) for ARES is above the 3 year average (3.87%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 1.89%
ROE 11.44%
ROIC 4.41%
ROA(3y)1.39%
ROA(5y)1.33%
ROE(3y)15.05%
ROE(5y)15.08%
ROIC(3y)3.87%
ROIC(5y)3.61%
ARES Yearly ROA, ROE, ROICARES Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

  • ARES's Profit Margin of 9.56% is on the low side compared to the rest of the industry. ARES is outperformed by 65.13% of its industry peers.
  • ARES's Profit Margin has improved in the last couple of years.
  • ARES has a Operating Margin (19.56%) which is in line with its industry peers.
  • ARES's Operating Margin has improved in the last couple of years.
Industry RankSector Rank
OM 19.56%
PM (TTM) 9.56%
GM N/A
OM growth 3Y7.41%
OM growth 5Y8.32%
PM growth 3Y6.46%
PM growth 5Y9.3%
GM growth 3YN/A
GM growth 5YN/A
ARES Yearly Profit, Operating, Gross MarginsARES Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • The number of shares outstanding for ARES has been increased compared to 1 year ago.
  • Compared to 5 years ago, ARES has more shares outstanding
  • The debt/assets ratio for ARES has been reduced compared to a year ago.
ARES Yearly Shares OutstandingARES Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
ARES Yearly Total Debt VS Total AssetsARES Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

  • Based on the Altman-Z score of 1.25, we must say that ARES is in the distress zone and has some risk of bankruptcy.
  • ARES has a better Altman-Z score (1.25) than 61.76% of its industry peers.
  • ARES has a debt to FCF ratio of 2.68. This is a good value and a sign of high solvency as ARES would need 2.68 years to pay back of all of its debts.
  • ARES has a better Debt to FCF ratio (2.68) than 80.25% of its industry peers.
  • A Debt/Equity ratio of 2.69 is on the high side and indicates that ARES has dependencies on debt financing.
  • With a Debt to Equity ratio value of 2.69, ARES is not doing good in the industry: 81.09% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 2.69
Debt/FCF 2.68
Altman-Z 1.25
ROIC/WACCN/A
WACCN/A
ARES Yearly LT Debt VS Equity VS FCFARES Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 0.26 indicates that ARES may have some problems paying its short term obligations.
  • ARES has a worse Current ratio (0.26) than 84.03% of its industry peers.
  • A Quick Ratio of 0.26 indicates that ARES may have some problems paying its short term obligations.
  • ARES has a worse Quick ratio (0.26) than 84.03% of its industry peers.
Industry RankSector Rank
Current Ratio 0.26
Quick Ratio 0.26
ARES Yearly Current Assets VS Current LiabilitesARES Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 14.94% over the past year.
  • The Earnings Per Share has been growing by 18.77% on average over the past years. This is quite good.
  • The Revenue has grown by 45.54% in the past year. This is a very strong growth!
  • ARES shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.09% yearly.
EPS 1Y (TTM)14.94%
EPS 3Y15.6%
EPS 5Y18.77%
EPS Q2Q%25.26%
Revenue 1Y (TTM)45.54%
Revenue growth 3Y-2.66%
Revenue growth 5Y17.09%
Sales Q2Q%0.64%

3.2 Future

  • Based on estimates for the next years, ARES will show a very strong growth in Earnings Per Share. The EPS will grow by 20.69% on average per year.
  • ARES is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 20.07% yearly.
EPS Next Y29.06%
EPS Next 2Y29.49%
EPS Next 3Y25.97%
EPS Next 5Y20.69%
Revenue Next Year28.41%
Revenue Next 2Y24.82%
Revenue Next 3Y22.55%
Revenue Next 5Y20.07%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
ARES Yearly Revenue VS EstimatesARES Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B 10B
ARES Yearly EPS VS EstimatesARES Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5 10 15 20

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 30.22, ARES can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of ARES indicates a slightly more expensive valuation: ARES is more expensive than 75.63% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 28.25. ARES is around the same levels.
  • ARES is valuated rather expensively with a Price/Forward Earnings ratio of 20.61.
  • ARES's Price/Forward Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.50, ARES is valued a bit cheaper.
Industry RankSector Rank
PE 30.22
Fwd PE 20.61
ARES Price Earnings VS Forward Price EarningsARES Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ARES is valued a bit cheaper than the industry average as 61.76% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, ARES is valued a bit cheaper than 78.99% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.98
EV/EBITDA 45.94
ARES Per share dataARES EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • ARES's earnings are expected to grow with 25.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.04
PEG (5Y)1.61
EPS Next 2Y29.49%
EPS Next 3Y25.97%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • ARES has a Yearly Dividend Yield of 2.95%. Purely for dividend investing, there may be better candidates out there.
  • ARES's Dividend Yield is comparable with the industry average which is at 6.02.
  • Compared to an average S&P500 Dividend Yield of 1.82, ARES pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.95%

5.2 History

  • The dividend of ARES has a limited annual growth rate of 5.80%.
  • ARES has been paying a dividend for at least 10 years, so it has a reliable track record.
  • As ARES did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)5.8%
Div Incr Years5
Div Non Decr Years5
ARES Yearly Dividends per shareARES Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3 4

5.3 Sustainability

  • 320.11% of the earnings are spent on dividend by ARES. This is not a sustainable payout ratio.
  • The dividend of ARES is growing, but earnings are growing more, so the dividend growth is sustainable.
DP320.11%
EPS Next 2Y29.49%
EPS Next 3Y25.97%
ARES Yearly Income VS Free CF VS DividendARES Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B -2B
ARES Dividend Payout.ARES Dividend Payout, showing the Payout Ratio.ARES Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

ARES MANAGEMENT CORP - A

NYSE:ARES (2/4/2026, 8:04:00 PM)

After market: 137.22 0 (0%)

137.22

+5.62 (+4.27%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-03
Earnings (Next)02-05
Inst Owners84.1%
Inst Owner Change1.31%
Ins Owners2.95%
Ins Owner Change-0.95%
Market Cap44.85B
Revenue(TTM)5.36B
Net Income(TTM)511.84M
Analysts77.39
Price Target193.6 (41.09%)
Short Float %4.41%
Short Ratio2.6
Dividend
Industry RankSector Rank
Dividend Yield 2.95%
Yearly Dividend4.22
Dividend Growth(5Y)5.8%
DP320.11%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.03%
Min EPS beat(2)-6.98%
Max EPS beat(2)0.92%
EPS beat(4)2
Avg EPS beat(4)-0.05%
Min EPS beat(4)-7.09%
Max EPS beat(4)12.95%
EPS beat(8)3
Avg EPS beat(8)-1.14%
EPS beat(12)5
Avg EPS beat(12)-1.24%
EPS beat(16)7
Avg EPS beat(16)0.06%
Revenue beat(2)2
Avg Revenue beat(2)3.27%
Min Revenue beat(2)0.08%
Max Revenue beat(2)6.46%
Revenue beat(4)3
Avg Revenue beat(4)2.16%
Min Revenue beat(4)-4.32%
Max Revenue beat(4)6.46%
Revenue beat(8)5
Avg Revenue beat(8)6.42%
Revenue beat(12)7
Avg Revenue beat(12)8.82%
Revenue beat(16)10
Avg Revenue beat(16)14.79%
PT rev (1m)0.25%
PT rev (3m)2.94%
EPS NQ rev (1m)-1.22%
EPS NQ rev (3m)-1.77%
EPS NY rev (1m)-0.41%
EPS NY rev (3m)0.41%
Revenue NQ rev (1m)-1.11%
Revenue NQ rev (3m)-0.67%
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)-0.62%
Valuation
Industry RankSector Rank
PE 30.22
Fwd PE 20.61
P/S 8.38
P/FCF 9.98
P/OCF 9.84
P/B 10.03
P/tB N/A
EV/EBITDA 45.94
EPS(TTM)4.54
EY3.31%
EPS(NY)6.66
Fwd EY4.85%
FCF(TTM)13.74
FCFY10.02%
OCF(TTM)13.95
OCFY10.16%
SpS16.38
BVpS13.69
TBVpS-3.46
PEG (NY)1.04
PEG (5Y)1.61
Graham Number37.39
Profitability
Industry RankSector Rank
ROA 1.89%
ROE 11.44%
ROCE 5.06%
ROIC 4.41%
ROICexc 4.75%
ROICexgc 7.2%
OM 19.56%
PM (TTM) 9.56%
GM N/A
FCFM 83.89%
ROA(3y)1.39%
ROA(5y)1.33%
ROE(3y)15.05%
ROE(5y)15.08%
ROIC(3y)3.87%
ROIC(5y)3.61%
ROICexc(3y)4.28%
ROICexc(5y)3.97%
ROICexgc(3y)4.93%
ROICexgc(5y)4.55%
ROCE(3y)4.44%
ROCE(5y)4.15%
ROICexgc growth 3Y1.38%
ROICexgc growth 5Y15.46%
ROICexc growth 3Y1.72%
ROICexc growth 5Y12.7%
OM growth 3Y7.41%
OM growth 5Y8.32%
PM growth 3Y6.46%
PM growth 5Y9.3%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.2
Health
Industry RankSector Rank
Debt/Equity 2.69
Debt/FCF 2.68
Debt/EBITDA 9.99
Cap/Depr 41.43%
Cap/Sales 1.23%
Interest Coverage 250
Cash Conversion 377.94%
Profit Quality 877.73%
Current Ratio 0.26
Quick Ratio 0.26
Altman-Z 1.25
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)32.4%
Cap/Depr(5y)31.97%
Cap/Sales(3y)1.79%
Cap/Sales(5y)1.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)14.94%
EPS 3Y15.6%
EPS 5Y18.77%
EPS Q2Q%25.26%
EPS Next Y29.06%
EPS Next 2Y29.49%
EPS Next 3Y25.97%
EPS Next 5Y20.69%
Revenue 1Y (TTM)45.54%
Revenue growth 3Y-2.66%
Revenue growth 5Y17.09%
Sales Q2Q%0.64%
Revenue Next Year28.41%
Revenue Next 2Y24.82%
Revenue Next 3Y22.55%
Revenue Next 5Y20.07%
EBIT growth 1Y6.65%
EBIT growth 3Y4.56%
EBIT growth 5Y26.83%
EBIT Next Year37.63%
EBIT Next 3Y28.14%
EBIT Next 5Y17.23%
FCF growth 1Y5204.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y3244.68%
OCF growth 3YN/A
OCF growth 5YN/A

ARES MANAGEMENT CORP - A / ARES FAQ

What is the fundamental rating for ARES stock?

ChartMill assigns a fundamental rating of 5 / 10 to ARES.


Can you provide the valuation status for ARES MANAGEMENT CORP - A?

ChartMill assigns a valuation rating of 4 / 10 to ARES MANAGEMENT CORP - A (ARES). This can be considered as Fairly Valued.


What is the profitability of ARES stock?

ARES MANAGEMENT CORP - A (ARES) has a profitability rating of 4 / 10.


Can you provide the PE and PB ratios for ARES stock?

The Price/Earnings (PE) ratio for ARES MANAGEMENT CORP - A (ARES) is 30.22 and the Price/Book (PB) ratio is 10.03.


Can you provide the expected EPS growth for ARES stock?

The Earnings per Share (EPS) of ARES MANAGEMENT CORP - A (ARES) is expected to grow by 29.06% in the next year.