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Ares Management (ARES)

(Delayed Data from NYSE)

$133.62 USD

133.62
501,218

-0.11 (-0.08%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $133.59 -0.03 (-0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value F Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 26% (65 out of 252)

Industry: Financial - Investment Management

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Balance Sheet

Research for ARES

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Ares Management Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,645 1,239 1,393 1,062 9,561
Receivables 911 774 959 544 274
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 14,079 12,191 0 0 0
Total Current Assets 16,634 14,204 2,352 1,606 9,836
Net Property & Equipment 0 0 0 0 0
Investments & Advances 4,625 3,975 15,501 12,560 1,664
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 2,182 2,208 1,423 0 0
Deposits & Other Assets 1,040 1,460 2,162 848 371
Total Assets 24,731 22,003 21,605 15,169 12,014
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 3,666 3,253 3,890 1,591 1,551
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 287 510 310 103 38
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 12,346 10,702 10,658 9,958 7,974
Total Current Liabilities 16,299 14,465 14,858 11,652 9,563
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 3,091 2,442 1,631 765 424
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 100 0
Minority Interest (Liabilities) 547 1,106 1,096 0 0
Total Liabilities 20,256 18,204 17,791 12,697 10,156
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 299 299
Common Stock (Par) 3 3 3 3 1
Capital Surplus 2,391 1,971 1,914 1,044 525
Retained Earnings -495 -369 -89 -152 -51
Other Equity 2,575 2,194 1,987 1,279 1,084
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 4,474 3,799 3,814 2,472 1,859
Total Liabilities & Shareholder's Equity 24,731 22,003 21,605 15,169 12,014
Total Common Equity 4,474 3,799 3,814 2,173 1,560
Shares Outstanding 307.50 294.60 289.90 258.40 114.70
Book Value Per Share 14.55 12.89 13.16 8.41 13.60

Fiscal Year End for Ares Management Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 1,645 1,350 1,287 1,333
Receivables NA 911 703 655 719
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 14,079 13,222 13,091 12,641
Total Current Assets NA 16,634 15,275 15,032 14,693
Net Property & Equipment NA 0 0 0 0
Investments & Advances NA 4,625 5,440 4,466 4,101
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 2,182 2,031 2,129 2,166
Deposits & Other Assets NA 1,040 378 1,320 815
Total Assets NA 24,731 23,384 23,119 21,929
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 3,666 3,770 3,820 3,547
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 287 361 251 214
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 12,346 11,461 11,461 10,918
Total Current Liabilities NA 16,299 15,592 15,531 14,679
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 3,091 2,421 2,365 2,472
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 0 0 0
Minority Interest (Liabilities) NA 547 1,026 1,023 507
Total Liabilities NA 20,256 19,365 19,126 17,849
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 3 3 3 3
Capital Surplus NA 2,391 2,263 2,182 2,100
Retained Earnings NA -495 -515 -426 -421
Other Equity NA 2,575 2,268 2,233 2,397
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 4,474 4,018 3,992 4,079
Total Liabilities & Shareholder's Equity NA 24,731 23,384 23,119 21,929
Total Common Equity 0 4,474 4,018 3,992 4,079
Shares Outstanding 309.60 307.50 305.90 304.50 301.80
Book Value Per Share 0.00 14.55 13.14 13.11 13.52