Earnings Summary

Ares Management Corp’s revenue jumped 77.2% since last year same period to $1189.5Mn in the Q3 2024. On a quarterly growth basis, Ares Management Corp has generated 50.82% jump in its revenue since last 3-months.

Ares Management Corp’s net profit jumped 109.72% since last year same period to $118.46Mn in the Q3 2024. On a quarterly growth basis, Ares Management Corp has generated 24.78% jump in its net profits since last 3-months.

Ares Management Corp’s net profit margin jumped 18.35% since last year same period to 9.96% in the Q3 2024. On a quarterly growth basis, Ares Management Corp has generated -17.27% fall in its net profit margins since last 3-months.

Ares Management Corp’s price-to-earnings ratio after this Q3 2024 earnings stands at 78.85.

Ares Management Corp’s earning per share (EPS) estimates for the current quarter stand at 0.94 - a -4.08% fall from last quarter’s estimates.

Ares Management Corp’s earning per share (EPS) estimates for the current year stand at 0.94.

Ares Management Corp’s earning per share (EPS) jumped 14.46% since last year same period to 0.95 in the Q3 2024. This indicates that the Ares Management Corp has generated 14.46% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ares Management Corp’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ares Management Corp’s return on equity (ROE) stands at 0.22.

Ares Management Corp declared 0.93 dividend per share during the earnings announcement for Q3 2024.