Valuation Ares Management Corporation

Equities

Market Closed - Nyse Other stock markets 21:00:02 10/12/2025 GMT			5-day change	1st Jan Change
178.28 ^USD	+1.18%		+10.02%	+0.71%

12:27am	Ares Management Corporation(NYSE:ARES) added to S&P 500	CI
12:26am	Ares Management Corporation(NYSE:ARES) added to S&P 500 Financial Services (Industry Group)	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	6,767	13,906	12,108	22,485	35,739	39,283	-	-
Change	-	105.48%	-12.93%	85.71%	58.95%	9.92%	-	-
Enterprise Value (EV) ¹	16,428	24,802	12,108	22,485	45,509	42,198	42,381	42,252
Change	-	50.97%	-51.18%	85.71%	102.4%	-7.28%	0.43%	-0.3%
P/E ratio	25.3x	37.8x	20.4x	32.6x	44.6x	35.4x	27.6x	22.8x
PBR	10.2x	12.8x	-	11.8x	9.99x	5.83x	5.28x	4.73x
PEG	-	2.4x	0.4x	3.64x	5.09x	1.3x	1x	1.1x
Capitalization / Revenue	3.84x	6.12x	4.32x	7.46x	10.2x	8.66x	7.34x	6.09x
EV / Revenue	9.31x	10.9x	4.32x	7.46x	13x	9.31x	7.92x	6.55x
EV / EBITDA	26.4x	28.1x	10.7x	17.8x	31x	21.9x	17.2x	9.42x
EV / EBIT	28.2x	32x	15.2x	21.8x	34.7x	25.9x	21.5x	11.6x
EV / FCF	-	-	-	-74.8x	16.9x	15.3x	-105x	9.89x
FCF Yield	-	-	-	-1.34%	5.93%	6.53%	-0.96%	10.1%
Dividend per Share ²	1.6	1.88	-	3.08	3.72	4.497	5.38	6.511
Rate of return	3.4%	2.31%	-	2.59%	2.1%	2.52%	3.02%	3.65%
EPS ²	1.86	2.15	3.35	3.65	3.97	5.041	6.469	7.835
Distribution rate	86%	87.4%	-	84.4%	93.7%	89.2%	83.2%	83.1%
Net sales ¹	1,764	2,272	2,803	3,013	3,495	4,534	5,350	6,449
EBITDA ¹	622.6	882.9	1,131	1,266	1,467	1,924	2,458	4,485
EBIT ¹	582	776.2	795.9	1,032	1,310	1,627	1,972	3,631
Net income ¹	266.8	408.8	1,062	702.5	826.1	1,149	1,529	1,886
Net Debt ¹	9,661	10,896	-	-	9,771	2,915	3,098	2,969
Reference price ²	47.05	81.27	68.44	118.92	177.03	178.28	178.28	178.28
Nbr of stocks (in thousands)	143,832	171,103	176,910	189,077	201,880	220,342	-	-
Announcement Date	11/02/21	11/02/22	09/02/23	08/02/24	05/02/25	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ARES MANAGEMENT CORPORATION	35.37x	9.31x	21.93x	2.52%	39.28B
BLACKSTONE INC.	29.33x	10.35x	19.38x	2.9%	123B
KKR & CO. INC.	65.23x	15.64x	21.79x	0.53%	126B
THE CARLYLE GROUP INC.	14.32x	5.66x	12.19x	2.34%	21.53B
AMUNDI	8.93x	3.62x	7.35x	6.48%	15.92B
ARES CAPITAL CORPORATION	10.84x	9.85x	-	9.13%	15.05B
FRANKLIN RESOURCES, INC.	11.31x	1.27x	5.03x	5.66%	12.14B
HDFC ASSET MANAGEMENT COMPANY LIMITED	38.25x	-	-	2.03%	12.43B
BLUE OWL CAPITAL INC.	18.92x	5.09x	10.62x	5.37%	11.01B
TPG INC.	50.43x	5.84x	10.77x	2.95%	10.35B
Average	28.29x	7.40x	13.63x	3.99%	38.65B
Weighted average by Cap.	39.26x	10.88x	18.54x	2.58%