Ares Management

Ares Management Corp. is engaged in providing investment management and consultancy services. It operates through the following segments: Credit Group, Private Equity Group and Real Estate Group. The Credit Group segment offers credit strategies across the liquid and illiquid spectrum, including syndicated bank loans, high yield bonds, credit opportunities, special situations, asset-backed investments and U.S. and European direct lending. The Credit Group provides solutions for traditional fixed income investors seeking to access the syndicated bank loan and high yield bond markets and capitalize on opportunities across traded corporate credit. It additionally provides investors access to directly originated fixed and floating rate credit assets and the ability to capitalize on illiquidity premiums across the credit spectrum. The Private Equity Group segment manages shared control investments in corporate private equity funds. The Real Estate Group segment provides debt, mortgage loans, and equity capital to borrowers, property owners, and real estate developers. The company was founded by Michael J. Arougheti, David B. Kaplan, John H. Kissick, Antony P. Ressler, and Bennett Rosenthal in 1997 and is headquartered in Los Angeles, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ares Management reports robust Q4 performance and eyes growth opportunities

Ares Management's Q4 2022 earnings call highlighted strong performance, fundraising success, and growth opportunities across various investment strategies and regions.
Despite challenges in real estate valuations and margin expansion, the company's strengths in active credit deployment, energy transition investments, and wealth management flows position it well for future growth.
With a focus on aligning incentives, driving growth in Asia, and expanding secondaries business, Ares Management demonstrates resilience and strategic foresight in navigating market dynamics.

Ares Management reports robust growth and eyes market opportunities

Ares Management's Q1 2023 performance showcased strong growth in AUM, management fees, and positive fund performance. The company is strategically positioned to capitalize on market opportunities, with a focus on margin expansion and scaling acquired platforms. Challenges include uncertainties in investment income prediction and potential credit risks in certain sectors.

Ares Management excels in Q2 with strong returns and growth

Ares Management delivered strong financial performance in Q2 2023, driven by robust investment returns and fundraising achievements.
The company's strategic strengths lie in its diverse investment strategies, market positioning, and efforts in wealth management.
Challenges such as elevated rates and potential defaults require effective risk management strategies and adaptation.
Opportunities for growth include market dynamics, margin expansion, and capturing more market share in key segments.

Ares Management reports robust Q3 performance and eyes growth opportunities

Ares Management's Q3 earnings call highlighted strong financial performance, growth in commitments, and positive results across various investment strategies. The company's focus on fundraising, expansion in diverse regions, and strong deployment activity position it well for future growth. While facing challenges related to timing shifts and fund durations, Ares can leverage opportunities in the Alt Credit pipeline and private credit market for sustained success.

Ares Management reports record Q4 income and strong investor demand

Ares Management's Q4 2023 earnings call reflects a robust financial performance, strong investor demand, and strategic growth initiatives. With a solid foundation of over $110 billion in dry powder, the company is poised for continued success in deploying capital and expanding its presence in key markets. Despite challenges in market dynamics, Ares Management's diversified business model and proactive approach to risk management position it well for future growth.

Ares Management exceeds AUM goals, anticipates M&A growth opportunities

Ares Management reports robust performance with increased dividends and AUM exceeding projections. Strong fundraising momentum and growth potential across various business lines. Optimistic outlook on M&A activity and opportunities in key markets.

Ares Management reports record fundraising and strategic growth initiatives

Ares Management shows robust financial performance with strong dividend growth and investment activity.
The company capitalizes on real estate and digital infrastructure opportunities while expanding wealth management.
Challenges include managing costs and balancing profitability with sustainable growth strategies.
Opportunities lie in global expansion, distribution diversification, and maximizing origination profitability.

Ares Management's Q3 performance showcased strong growth in management fees, successful fundraising, and expansion in wealth management and real assets.
Despite challenges with comp ratios and tax structures, Ares' focus on scaling partnerships and product offerings positions them for future growth and earnings in 2025.
The company's emphasis on meeting investor demand, enhancing client experience, and diversifying its business mix highlights a strategic approach to long-term success.
Ares Management's financial performance and strategic initiatives present opportunities for growth through capital attraction, acquisitions, and market expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ares Management Corp. engages in the provision of investment and consultancy services. It operates through the following segments: Credit Group, Private Equity Group, Real Assets Group, Secondaries Group, and Other. The Credit Group segment includes the management of strategies across the liquid and illiquid spectrum, direct lending, and Asia-Pacific. The Private Equity Group segment involves the categorization of investment strategies as corporate, special opportunities, and Asia-Pacific. The Real Assets Group segment focuses on equity and debt strategies across infrastructure investments. The Secondaries Group segment consists of investment in secondary markets, alternative asset class strategies, private equity, real estate, infrastructure, and credit. The company was founded by Michael J. Arougheti, David B. Kaplan, John H. Kissick, Antony P. Ressler, and Bennett Rosenthal in 1997 and is headquartered in Los Angeles, CA.

AllianceBernstein Hld

Investors looking for stocks in the Financial - Investment Management sector might want to consider either AllianceBernstein (AB) or Ares Management (ARES). But which of these two stocks is more attractive to value investors?

AB or ARES: Which Is the Better Value Stock Right Now?

Assurant

Broadcom

Cigna

Costco

Carlisle Companies

Dick's Sporting Goods

Comfort Systems USA

Intuit

Mastercard

Microsoft

Owens Corning

PACCAR

Parker-Hannifin

PulteGroup

Wingstop

This article focuses on selecting high-growth dividend stocks that have rapidly grown their dividends in the recent past rather than simply sport a high current yield. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.

Our Top 10 Dividend Growth Stocks - February 2024

NEW YORK, NY / ACCESSWIRE / February 15, 2024 / Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the BofA Securities Banking and Financials Conference on Thursday, February 22, 2024, at 10:30am ET. A live audio webcast of the presentation will be available at www.ares-ir.com under News, Events & Presentations.

Ares Management Corporation to Present at the BofA Securities Financial Services Conference 2024

Ares Capital

NEW YORK, NY / ACCESSWIRE / February 14, 2024 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that Kort Schnabel, Ares Capital's Co-President, is scheduled to present at the BofA Securities Financial Services Conference on Wednesday, February 21, 2024 at 12:50pm ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.arescapitalcorp.com.

Ares Capital Corporation to Present at the 2024 BofA Securities Financial Services Conference

NEW YORK , Feb. 12, 2024 /PRNewswire/ -- Interstate Waste Services, Inc. ("IWS"), a leading, vertically integrated waste-by-rail provider of solid waste collection, disposal and recycling services announced it has entered into a definitive agreement to acquire Oak Ridge Waste & Recycling ("Oak Ridge"), one of Connecticut's preeminent providers of waste collection, transfer, and recycling services in Southwestern Connecticut and Suburban New York, further expanding IWS's service footprint into the tristate area. The transaction is expected to close by the end of the first quarter of 2024.

Interstate Waste Services Announces Acquisition of Oak Ridge Waste & Recycling

Ares Management Corporation (ARES) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Ares Management (ARES) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Ares Management (ARES) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Ares Management (ARES) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.21 per share a year ago.

Ares Management (ARES) Beats Q4 Earnings and Revenue Estimates

Approximately $10.1 Billion in New Commitments Closed in the Fourth Quarter and Approximately $22.4 Billion closed in the Year Ended December 31, 2023 NEW YORK, NY / ACCESSWIRE / February 8, 2024 / Ares Management Corporation announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $10.1 billion in U.S. direct lending commitments across 78 transactions during the fourth quarter of 2023 and approximately $22.4 billion in direct lending commitments across 217 transactions in the year ended December 31, 2023. Below is a description of selected transactions that Ares closed during the fourth quarter of 2023.

Ares Management Corporation Announces U.S. Direct Lending Origination Activity

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its fourth quarter and full year ended December 31, 2023. GAAP net income attributable to Ares Management Corporation was $174.0 million and $474.3 million, respectively, for the quarter and year ended December 31, 2023. On a basic basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.88 and $2.44, respectively, for the quart.

Ares Management Corporation Reports Fourth Quarter and Full Year 2023 Results

Ares Management (ARES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Ares Management (ARES) Q4 Earnings Expected to Decline

NEW YORK, NY / ACCESSWIRE / January 31, 2024 / Ares Capital Corporation ("Ares Capital" or the "Company") (NASDAQ:ARCC) announced today the tax treatment of the Company's 2023 common stock distributions (CUSIP #: 04010L103). Record Date Payable Date Total Paid Per Share Ordinary Income Per Share Long Term Capital Gains per Share (2) Interest - Related Dividends (3) Ordinary Rate 20% Rate (1) 3/15/2023 3/31/2023 $0.4800 $0.47257 $0.00743 $0.0000 76.8425% 6/15/2023 6/30/2023 $0.4800 $ 0.47257 $0.

Ares Capital Corporation Announces Tax Reporting Information for Calendar Year 2023

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that Julie Solomon, Global Chief Operating Officer of Ares Real Estate, has been promoted to Co-Head of Real Estate alongside Bill Benjamin, current Head of Real Estate. Effective immediately, Ms. Solomon and Mr. Benjamin together will co-lead the Ares Real Estate business globally. Ms. Solomon joined Ares in 2013 and has been an invaluable leader on the Real Estate team throughout this time as a key co.

Ares Management Appoints Julie Solomon as Co-Head of Real Estate

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) announced today the launch of Automated Industrial Robotics Inc. (“AIR” or the “Company”), a newly formed industrial automation company designed to capitalize on increasing global demand for manufacturing automation solutions. An Ares Private Equity fund (“Ares”) has invested substantial equity capital to support AIR's acquisition and organic growth strategy. AIR is focused on acquiring and facilitating the growth of differe.

Ares Management Launches Automated Industrial Robotics Inc.

LOS ANGELES--(BUSINESS WIRE)--Sunbit, the company building financial technology for everyday expenses, announced today that it closed a $310 million debt warehouse facility led by Citi and Ares Management Credit funds. Established in 2016 to transform how consumers access, use and benefit from credit, Sunbit will leverage the funds to meet ever-increasing consumer demand for the company's market-dominant Buy Now, Pay Later (BNPL) solution and the next-gen, no-fee Sunbit Card. Arad Levertov, CEO.

Sunbit Closes $310M Debt Warehouse Facility with Citi and Ares Management

Apollo Global Management

Private credit has grown from a $250 billion asset class in 2010 to a $1.6 trillion asset class today. Here's how it happened.

How private credit became one of the hottest investments on Wall Street

W.W. Grainger

Intercontinental Exchange

JPMorgan Chase & Co

Lennox International

Martin Marietta Materials

NRG Energy

Old Dominion Freight Line

UnitedHealth Group

Vanguard Dividend Appreciation ETF

Our Top 10 Dividend Growth Stocks - January 2024

Artivion

Non-Dilutive Financing Provides Comprehensive Solution to Address Debt Maturities  and Provide Flexibility to Further Optimize Capital Structure ATLANTA , Jan. 18, 2024 /PRNewswire/ -- Artivion, Inc. (NYSE: AORT), a leading cardiac and vascular surgery company focused on aortic disease, today announced the closing of a comprehensive, non- dilutive definitive credit agreement with Ares Management Credit funds for $350 million of senior secured, interest-only, credit facilities with 6-year maturities. The credit facilities include an initial $190 million term loan, a $60 million revolving credit facility, and an additional $100 million in unfunded delayed draw term loan commitments that may be drawn to refinance the Company's convertible bonds at any time on or prior to the maturity of the convertible bonds, subject to customary conditions.

Artivion Obtains $350 Million in Senior Secured Credit Facilities

Ares Management Corporation has outperformed other alternative asset managers with a one-year total return of about 57% due to its emphasis on private credit. ARES had a strong AUM and fee growth in the past few years. Private credit is still considered under-allocated by institutional investors and is projected to be one of the strongest asset classes for inflows.

Ares Management: An Outperformer In Private Credit

Affirm

Coinbase

Datadog

D.R. Horton

Floor & Decor Holdings

KB Home

Marriott

Rapid7

SentinelOne

SoFi Technologies

Symbotic Inc

Tesla

XPO Logistics

Analysts are giving a "buy" recommendation to the fewest number of stocks in over three years.

15 Stocks With Overdue Upgrade Potential

NEW YORK, NY / ACCESSWIRE / January 8, 2024 / Ares Management Corporation announced today that it will report earnings for the fourth quarter and full year ending December 31, 2023 on Thursday, February 8, 2024 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 11:00 a.m.

Ares Management Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ending December 31, 2023

NEW YORK, NY / ACCESSWIRE / January 3, 2024 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that it will report earnings for the fourth quarter and fiscal year ended December 31, 2023 on Wednesday, February 7, 2024 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 11:00 a.m.

Ares Capital Corporation Schedules Earnings Release for the Fourth Quarter and Fiscal Year Ended December 31, 2023

Deere & Company

Zoetis

We focus on selecting high-growth dividend stocks that have rapidly grown their dividends in the recent past rather than a high current yield. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. We provide criteria for selecting high-growth dividend stocks and offer a step-by-step guide on structuring a portfolio based on this strategy.

Our Top 10 Dividend Growth Stocks - December 2023

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has raised approximately $3.3 billion of real estate secondaries capital, which comprises the Landmark Real Estate Fund IX (“LREF IX” or the “Fund”), General Partner commitments and affiliated vehicles. Through LREF IX, the Ares Real Estate Secondaries team provides flexible and highly customizable secondary solutions for both Limited Partners an.

Ares Management Raises Approximately $3.3 Billion of Real Estate Secondaries Capital

Brookfield Asset Management

Blackstone Group

Bloomberg recently discussed how a handful of investment firms control the $1.6 trillion private credit market, including Ares Management (NYSE: ARES ) and Blackstone (NYSE: BX ).  “Private lenders have swooped into a void left by banks shying away from riskier loans amid fears of an economic slowdown.

Private Credit Power Plays: 3 Stocks You Can't Afford to Miss

News for Ares Management Stock (ARES)