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Ares Management (ARES)
NYSE:ARES
US Market

Ares Management (ARES) Ratios

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Ares Management Ratios

ARES's free cash flow for Q2 2025 was $0.52. For the 2025 fiscal year, ARES's free cash flow was decreased by $ and operating cash flow was $0.35. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.55 0.73 0.64 0.63 0.99
Quick Ratio
0.55 0.73 0.64 0.64 0.99
Cash Ratio
0.30 0.40 0.33 0.35 0.62
Solvency Ratio
0.03 0.04 0.03 0.03 0.01
Operating Cash Flow Ratio
0.88 -0.06 -0.21 -0.65 -0.25
Short-Term Operating Cash Flow Coverage
6.83 -1.86 -4.37 -20.32 -13.10
Net Current Asset Value
$ -16.15B$ -16.94B$ -16.00B$ -15.24B$ -11.01B
Leverage Ratios
Debt-to-Assets Ratio
0.49 0.64 0.61 0.58 0.72
Debt-to-Equity Ratio
3.09 8.32 8.39 6.85 9.13
Debt-to-Capital Ratio
0.76 0.89 0.89 0.87 0.90
Long-Term Debt-to-Capital Ratio
0.74 0.89 0.89 0.87 0.90
Financial Leverage Ratio
6.25 13.06 13.84 11.84 12.71
Debt Service Coverage Ratio
1.38 0.99 1.48 1.98 0.87
Interest Coverage Ratio
1.10 1.03 1.44 2.95 1.01
Debt to Market Cap
0.15 0.70 1.10 0.89 1.66
Interest Debt Per Share
65.03 90.05 78.72 74.50 81.54
Net Debt to EBITDA
5.17 12.38 11.80 11.30 27.74
Profitability Margins
Gross Profit Margin
54.74%59.07%40.72%32.66%33.60%
EBIT Margin
43.10%60.41%22.72%32.30%39.15%
EBITDA Margin
43.10%31.71%33.89%23.32%20.11%
Operating Profit Margin
17.08%24.39%22.72%20.63%17.78%
Pretax Profit Margin
27.64%36.70%16.72%25.30%21.51%
Net Profit Margin
12.14%13.06%5.02%8.75%6.80%
Continuous Operations Profit Margin
23.15%31.94%14.37%21.80%18.39%
Net Income Per EBT
43.94%35.58%30.04%34.59%31.62%
EBT Per EBIT
161.82%150.49%73.58%122.65%121.02%
Return on Assets (ROA)
2.39%1.92%0.70%1.71%0.79%
Return on Equity (ROE)
18.02%25.05%9.66%20.20%10.05%
Return on Capital Employed (ROCE)
4.14%4.23%3.74%4.94%2.33%
Return on Invested Capital (ROIC)
3.37%3.65%3.18%4.23%1.99%
Return on Tangible Assets
3.01%2.10%0.78%1.90%0.82%
Earnings Yield
1.71%2.16%1.28%2.64%1.85%
Efficiency Ratios
Receivables Turnover
4.04 2.85 2.82 3.64 2.82
Payables Turnover
2.39 3.51 4.53 7.41 7.23
Inventory Turnover
0.00 0.00 0.00 -499.21 -813.45
Fixed Asset Turnover
9.91 9.77 12.97 17.63 8.18
Asset Turnover
0.20 0.15 0.14 0.19 0.12
Working Capital Turnover Ratio
-2.33 -3.24 -2.27 -5.64 -7.08
Cash Conversion Cycle
-62.55 24.00 48.93 50.34 78.41
Days of Sales Outstanding
90.37 127.95 129.59 100.34 129.38
Days of Inventory Outstanding
0.00 0.00 0.00 -0.73 -0.45
Days of Payables Outstanding
152.92 103.95 80.65 49.27 50.51
Operating Cycle
90.37 127.95 129.59 99.61 128.93
Cash Flow Ratios
Operating Cash Flow Per Share
20.73 -1.26 -4.18 -15.12 -3.10
Free Cash Flow Per Share
20.43 -1.63 -4.39 -15.28 -3.21
CapEx Per Share
0.30 0.36 0.20 0.16 0.12
Free Cash Flow to Operating Cash Flow
0.99 1.29 1.05 1.01 1.04
Dividend Paid and CapEx Coverage Ratio
2.67 -0.21 -0.84 -4.11 -0.88
Capital Expenditure Coverage Ratio
69.39 -3.47 -20.51 -95.35 -26.70
Operating Cash Flow Coverage Ratio
0.34 -0.01 -0.06 -0.21 -0.04
Operating Cash Flow to Sales Ratio
0.85 -0.06 -0.24 -0.62 -0.24
Free Cash Flow Yield
5.30%-1.37%-6.41%-18.80%-6.82%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
58.42 46.26 78.28 37.85 53.93
Price-to-Sales (P/S) Ratio
15.83 6.04 3.93 3.31 3.67
Price-to-Book (P/B) Ratio
8.71 11.59 7.56 7.64 5.42
Price-to-Free Cash Flow (P/FCF) Ratio
18.87 -73.04 -15.60 -5.32 -14.65
Price-to-Operating Cash Flow Ratio
8.34 -94.07 -16.36 -5.37 -15.20
Price-to-Earnings Growth (PEG) Ratio
1.60 0.24 -1.28 0.25 -2.72
Price-to-Fair Value
8.71 11.59 7.56 7.64 5.42
Enterprise Value Multiple
41.90 31.43 23.40 25.51 45.97
Enterprise Value
96.71B 36.20B 24.23B 25.05B 16.31B
EV to EBITDA
41.90 31.43 23.40 25.51 45.97
EV to Sales
18.06 9.97 7.93 5.95 9.25
EV to Free Cash Flow
21.53 -120.49 -31.47 -9.55 -36.94
EV to Operating Cash Flow
21.22 -155.20 -33.01 -9.65 -38.32
Tangible Book Value Per Share
11.83 15.38 9.06 9.34 13.66
Shareholders’ Equity Per Share
19.84 10.26 9.05 10.63 8.68
Tax and Other Ratios
Effective Tax Rate
0.16 0.13 0.14 0.14 0.14
Revenue Per Share
24.36 19.68 17.41 24.54 12.83
Net Income Per Share
2.96 2.57 0.87 2.15 0.87
Tax Burden
0.44 0.36 0.30 0.35 0.32
Interest Burden
0.64 0.61 0.74 0.78 0.55
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.37 0.35 0.17 0.11 0.14
Stock-Based Compensation to Revenue
0.07 0.07 0.07 0.06 0.07
Income Quality
3.19 -0.20 -1.67 -2.83 -1.31
Currency in USD