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 7.9% 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 Growth | 10.3% |
| Revenue growth rate | 16.0% |
| Return on equity | 20.1% |
| Net Margin | 11.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Ares Q3: Record Highs But Concerning Valuation
Nov 08Ares Management: A Great Business, Just Too Expensive Today
Oct 02Ares Management: A Booming Giant With A Price Tag To Match
Sep 04What You Can Learn From Ares Management Corporation's (NYSE:ARES) P/E
Aug 26
Ares: Will It Follow Blackstone's Performance In Q2? (Earnings Preview)
Jul 31Is Now The Time To Put Ares Management (NYSE:ARES) On Your Watchlist?
Jul 30Ares Management Shines As Private Credit Attracts More Capital
May 10Ares Management Corporation's (NYSE:ARES) Price In Tune With Earnings
Apr 23Should You Be Adding Ares Management (NYSE:ARES) To Your Watchlist Today?
Mar 27Ares Management: The Train Has Left The Station
Feb 21Ares Management (NYSE:ARES) Is Increasing Its Dividend To $0.93
Feb 19Why We're Not Concerned About Ares Management Corporation's (NYSE:ARES) Share Price
Dec 24Should You Be Adding Ares Management (NYSE:ARES) To Your Watchlist Today?
Nov 27Ares Management: Outperforming AUM With Plenty Of Dry Powder
Nov 02Ares Management: Not The Best Time To Buy This Gold-Standard Business
Sep 11Ares Management (NYSE:ARES) Will Pay A Larger Dividend Than Last Year At $0.77
Aug 04A Home Run For PacWest Bancorp And Ares Management
Jun 28Ares Management: Supercharged Growth In Private Markets
Jun 20Ares Management: Credit Competency Makes It A Sector Standout
Jun 11Ares Management's (NYSE:ARES) Shareholders Will Receive A Bigger Dividend Than Last Year
May 29Revenue & Expenses Breakdown
How Ares Management makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 3,680 | 432 | 714 | 0 |
| 30 Jun 24 | 3,221 | 378 | 664 | 0 |
| 31 Mar 24 | 3,526 | 430 | 571 | 0 |
| 31 Dec 23 | 3,632 | 453 | 625 | 0 |
| 30 Sep 23 | 3,516 | 398 | 410 | 0 |
| 30 Jun 23 | 3,646 | 303 | 600 | 0 |
| 31 Mar 23 | 3,154 | 200 | 581 | 0 |
| 31 Dec 22 | 3,055 | 153 | 550 | 0 |
| 30 Sep 22 | 3,428 | 156 | 780 | 0 |
| 30 Jun 22 | 3,575 | 279 | 597 | 0 |
| 31 Mar 22 | 4,269 | 359 | 560 | 0 |
| 31 Dec 21 | 4,212 | 369 | 507 | 0 |
| 30 Sep 21 | 3,560 | 323 | 390 | 0 |
| 30 Jun 21 | 3,101 | 279 | 313 | 0 |
| 31 Mar 21 | 2,409 | 211 | 278 | 0 |
| 31 Dec 20 | 1,764 | 120 | 279 | 0 |
| 30 Sep 20 | 1,543 | 80 | 289 | 0 |
| 30 Jun 20 | 1,520 | 66 | 289 | 0 |
| 31 Mar 20 | 1,302 | 44 | 306 | 0 |
| 31 Dec 19 | 1,765 | 120 | 292 | 0 |
| 30 Sep 19 | 1,576 | 94 | 272 | 0 |
| 30 Jun 19 | 1,350 | 76 | 266 | 0 |
| 31 Mar 19 | 1,170 | 32 | 280 | 0 |
| 31 Dec 18 | 958 | 28 | 270 | 0 |
| 30 Sep 18 | 1,086 | 56 | 268 | 0 |
| 30 Jun 18 | 1,134 | 69 | 270 | 0 |
| 31 Mar 18 | 1,502 | 132 | 230 | 0 |
| 31 Dec 17 | 1,480 | 51 | 236 | 0 |
| 30 Sep 17 | 1,463 | 46 | 223 | 0 |
| 30 Jun 17 | 1,510 | 61 | 205 | 0 |
| 31 Mar 17 | 1,307 | 54 | 189 | 0 |
| 31 Dec 16 | 1,254 | 98 | 181 | 0 |
| 30 Sep 16 | 1,001 | 70 | 183 | 0 |
| 30 Jun 16 | 809 | 23 | 173 | 0 |
| 31 Mar 16 | 681 | -3 | 187 | 0 |
| 31 Dec 15 | 814 | 19 | 201 | 0 |
| 30 Sep 15 | 818 | 21 | 195 | 0 |
| 30 Jun 15 | 850 | 47 | 226 | 0 |
| 31 Mar 15 | 740 | 53 | 229 | 0 |
| 31 Dec 14 | 604 | 35 | 234 | 0 |
| 30 Sep 14 | 586 | 95 | 228 | 0 |
| 30 Jun 14 | 547 | 137 | 221 | 0 |
| 31 Mar 14 | 505 | 121 | 203 | 0 |
| 31 Dec 13 | 479 | 180 | 251 | 0 |
Quality Earnings: ARES has a large one-off gain of $322.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: ARES'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: ARES's earnings have grown significantly by 28.1% per year over the past 5 years.
Accelerating Growth: ARES's earnings growth over the past year (8.5%) is below its 5-year average (28.1% per year).
Earnings vs Industry: ARES earnings growth over the past year (8.5%) did not outperform the Capital Markets industry 13%.
Return on Equity
High ROE: Whilst ARES's Return on Equity (20.14%) is high, this metric is skewed due to their high level of debt.