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Year on year Ares Management Corp grew revenues 18.87% from 3.06bn to 3.63bn while net income improved 183.11% from 167.54m to 474.33m.
Gross margin | -- |
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Net profit margin | 32.18% |
Operating margin | 25.85% |
Return on assets | 4.94% |
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Return on equity | 22.70% |
Return on investment | 7.50% |
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Cash flow in USDView more
In 2023, cash reserves at Ares Management Corp fell by 41.71m. Cash Flow from Financing totalled 292.13m or 8.04% of revenues. In addition the company used 233.26m for operations while cash used for investing totalled 111.08m.
Cash flow per share | 6.51 |
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Price/Cash flow per share | 40.82 |
Book value per share | 6.63 |
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Tangible book value per share | -0.0862 |
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Balance sheet in USDView more
Current ratio | -- |
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Quick ratio | -- |
Total debt/total equity | 6.69 |
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Total debt/total capital | 0.7025 |
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Growth rates in USD
Year on year, both dividends per share and earnings per share excluding extraordinary items growth increased 5.84% and 164.68%, respectively. The positive trend in dividend payments is noteworthy since only some companies in the Investment Services industry pay a dividend. Additionally when measured on a five year annualized basis, both dividend per share and earnings per share growth ranked above the industry average relative to its peers.
Div yield(5 year avg) | 3.01% |
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Div growth rate (5 year) | 23.94% |
Payout ratio (TTM) | 170.56% |
EPS growth(5 years) | 50.93 |
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EPS (TTM) vs TTM 1 year ago | -4.84 |
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