Ares Management Corporation

DB:0QN Stock Report

Market Cap: €52.8b

Ares Management Past Earnings Performance

Past criteria checks 2/6

Ares Management has been growing earnings at an average annual rate of 28.1%, while the Capital Markets industry saw earnings growing at 1.9% annually. Revenues have been growing at an average rate of 16% per year. Ares Management's return on equity is 20.1%, and it has net margins of 11.7%.

Key information

28.1%

Earnings growth rate

19.3%

EPS growth rate

Capital Markets Industry Growth15.2%
Revenue growth rate16.0%
Return on equity20.1%
Net Margin11.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Ares Management makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:0QN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,6804327140
30 Jun 243,2213786640
31 Mar 243,5264305710
31 Dec 233,6324536250
30 Sep 233,5163984100
30 Jun 233,6463036000
31 Mar 233,1542005810
31 Dec 223,0551535500
30 Sep 223,4281567800
30 Jun 223,5752795970
31 Mar 224,2693595600
31 Dec 214,2123695070
30 Sep 213,5603233900
30 Jun 213,1012793130
31 Mar 212,4092112780
31 Dec 201,7641202790
30 Sep 201,543802890
30 Jun 201,520662890
31 Mar 201,302443060
31 Dec 191,7651202920
30 Sep 191,576942720
30 Jun 191,350762660
31 Mar 191,170322800
31 Dec 18958282700
30 Sep 181,086562680
30 Jun 181,134692700
31 Mar 181,5021322300
31 Dec 171,480512360
30 Sep 171,463462230
30 Jun 171,510612050
31 Mar 171,307541890
31 Dec 161,254981810
30 Sep 161,001701830
30 Jun 16809231730
31 Mar 16681-31870
31 Dec 15814192010
30 Sep 15818211950
30 Jun 15850472260
31 Mar 15740532290
31 Dec 14604352340
30 Sep 14586952280
30 Jun 145471372210
31 Mar 145051212030
31 Dec 134791802510

Quality Earnings: 0QN has a large one-off gain of $322.0M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 0QN's current net profit margins (11.7%) are higher than last year (11.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 0QN's earnings have grown significantly by 28.1% per year over the past 5 years.

Accelerating Growth: 0QN's earnings growth over the past year (8.5%) is below its 5-year average (28.1% per year).

Earnings vs Industry: 0QN earnings growth over the past year (8.5%) did not outperform the Capital Markets industry 11.6%.

Return on Equity

High ROE: Whilst 0QN's Return on Equity (20.14%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 09:20
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ares Management Corporation is covered by 21 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin BudishBarclays
James FotheringhamBMO Capital Markets Equity Research
Craig SiegenthalerBofA Global Research