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    Ares Management LP (ARES)

    Official site

    FINANCIAL SERVICES • ASSET MANAGEMENT • NYSE

    $114.01
    +1.52 (+1.35%)

    Market Cap: $38.36B

    Last updated: Oct 16, 2026 at 1:54 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    59%(23/39)
    Avg Surprise
    +1.86%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.28
    Range$1.21 - $1.35
    15 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$1.44-10.9%
    60d ago$1.30-1.8%
    30d ago$1.30-1.8%
    7d ago$1.30-1.3%
    Current$1.28
    Revenue Consensus
    $1.2B
    Range$1.2B - $1.3B
    6 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.92
    Range$1.82 - $2.08
    17 analysts
    Revenue Consensus
    $1.4B
    Range$1.4B - $1.5B
    6 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$1.92---
    Sep 26EST
    -$1.28---
    Jun 26
    Reported Jul 31
    $1.29$1.29+0.00%Beat+25.2%
    Mar 26
    Reported May 1
    $1.24$1.41-12.06%Miss+13.8%
    Dec 25
    Reported Feb 5
    $1.45$1.69-14.20%Miss+17.9%
    Sep 25
    Reported Nov 3
    $1.19$1.14+4.39%Beat+25.3%
    Jun 25
    Reported Aug 1
    $1.03$1.09-5.50%Miss+4.0%
    Mar 25
    Reported May 5
    $1.09$0.94+15.96%Beat+36.3%
    Dec 24
    Reported Feb 5
    $1.23$1.30-5.38%Miss+1.7%
    Sep 24
    Reported Nov 1
    $0.95$0.94+1.06%Beat+14.5%
    Jun 24
    Reported Aug 2
    $0.99$0.98+1.02%Beat+10.0%
    Mar 24
    Reported May 2
    $0.80$0.92-13.04%Miss+12.7%
    Dec 23
    Reported Feb 8
    $1.21$1.10+10.00%Beat+0.0%
    Sep 23
    Reported Oct 31
    $0.83$0.87-4.60%Miss+10.7%
    Jun 23
    Reported Aug 1
    $0.90$0.85+5.88%Beat+21.6%
    Mar 23
    Reported Apr 28
    $0.71$0.81-12.35%Miss+9.2%
    Dec 22
    Reported Feb 9
    $1.21$1.08+12.04%Beat+42.4%
    Sep 22
    Reported Oct 27
    $0.75$0.74+1.35%Beat+21.0%
    Jun 22
    Reported Jul 28
    $0.74$0.69+7.25%Beat+15.6%
    Mar 22
    Reported Apr 28
    $0.65$0.67-2.99%Miss+41.3%
    Dec 21
    Reported Feb 11
    $0.85$0.72+18.06%Beat+57.4%
    Sep 21
    Reported Oct 27
    $0.62$0.64-3.13%Miss+29.2%
    Jun 21
    Reported Jul 29
    $0.64$0.52+23.08%Beat+64.1%
    Mar 21
    Reported Apr 29
    $0.46$0.51-9.80%Miss+2.2%
    Dec 20
    Reported Feb 11
    $0.54$0.45+20.00%Beat-19.4%
    Sep 20
    Reported Oct 28
    $0.48$0.43+11.63%Beat+41.2%
    Jun 20
    Reported Aug 5
    $0.39$0.38+2.63%Beat+21.9%
    Mar 20
    Reported May 6
    $0.45$0.42+7.14%Beat+28.6%
    Dec 19
    Reported Feb 13
    $0.67$0.51+31.37%Beat+63.4%
    Sep 19
    Reported Oct 31
    $0.34$0.37-8.11%Miss+13.3%
    Jun 19
    Reported Jul 31
    $0.32$0.37-13.51%Miss-5.9%
    Mar 19
    Reported May 2
    $0.35$0.37-5.41%Miss-5.4%
    Dec 18
    Reported Feb 14
    $0.41$0.33+24.24%Beat-24.1%
    Sep 18
    Reported Nov 1
    $0.30$0.34-11.76%Miss-25.0%
    Jun 18
    Reported Aug 2
    $0.34$0.40-15.00%Miss-50.7%
    Mar 18
    Reported May 3
    $0.37$0.36+2.78%Beat+23.3%
    Dec 17
    Reported Feb 15
    $0.54$0.49+10.20%Beat+22.7%
    Sep 17
    Reported Nov 3
    $0.40$0.39+2.56%Beat-
    Jun 17
    Reported Aug 4
    $0.69$0.67+2.99%Beat-
    Mar 17
    Reported May 8
    $0.30$0.40-25.00%Miss-
    Dec 16
    Reported Feb 24
    $0.44$0.37+18.92%Beat-

    Dividends

    Dividend Metrics

    Forward Yield4.74%
    Forward Annual Dividend$5.40
    Payout Ratio149.21%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+19.88%
    5Y CAGR+21.31%

    Key Metrics

    Valuation
    P/E Ratio22.05EV/EBITDA46.17x
    Price/FCF30.86xFCF Yield3.24%
    Profitability
    Profit Margin12.10%Operating Margin9.47%
    ROE14.90%ROIC3.83%
    Financial Health
    Debt/Equity3.54xInterest Coverage1.12x
    Current Ratio2.39xQuick Ratio2.39x
    Trading Statistics
    Beta1.55Avg Volume2.41M
    52-Week High$173.1552-Week Low$92.59

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$116.19
    SMA 20$118.54
    SMA 50$129.67
    SMA 200$125.63
    EMA 10$116.19
    EMA 20$119.14
    EMA 50$124.16
    EMA 200$128.96

    MACD

    Line: -3.99Signal: -4.06Hist: 0.07

    ADX

    ADX: 34.1+DI: 13.4-DI: 33.1

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down100.0
    PSAR$119.03

    Bollinger Bands

    Upper Band$125.78
    Lower Band$111.30
    %B Position1222%(Upper)
    Band Width0.19

    RSI (14-Day)

    Neutral
    34.8

    Momentum Oscillators

    Stoch %K23.2
    Stoch %D27.0
    Williams %R-64.4
    ROC (10d)-2.2%
    Momentum-2.56
    CCI (20d)-133.7
    MFI (14d)25.2

    Volatility Measures

    ATR (14d)$4.01(3.5%)
    StdDev (20d)3.62
    Hist Vol25.7%(Moderate)

    Volume Flow

    VWAP$112.84
    OBV25.3M
    AD Line-1.5B
    CMF (20d)-0.060

    Volume Metrics

    Avg Vol (20d)2.5M
    Vol Ratio1.4x
    VWMA (20d)$118.88

    Pivot Points

    R3$118.91
    R2$117.08
    R1$114.79
    Pivot Point$112.96
    S1$110.67
    S2$108.84
    S3$106.55

    Advanced Oscillators

    TSI-31.78
    Ultimate Osc49.4
    KST-120.20

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.43B$1.40B$1.50B$1.66B$1.35B$1.09B$1.26B$1.13B$788.68M$707.36M$1.05B$671.25M
    Cost of Revenue$688.66M$692.41M$604.96M$659.84M$643.71M$657.13M$463.06M$435.88M$419.86M$412.95M$390.87M$367.50M
    Gross Profit$739.95M$704.03M$899.97M$997.79M$706.42M$431.68M$795.93M$693.86M$368.82M$294.41M$663.12M$303.75M
    Operating Expenses$491.32M$476.06M$643.69M$648.38M$493.87M$357.20M$517.71M$419.01M$144.69M$125.54M$379.66M$193.46M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$255.72M$240.44M$289.85M$246.15M$232.16M$227.91M$199.12M$197.02M$169.43M$170.93M$158.81M$211.84M
    Operating Income$248.63M$227.97M$256.28M$349.41M$212.55M$74.48M$278.23M$274.85M$224.14M$168.87M$283.46M$110.30M
    Interest Income$314.75M$249.95M$391.72M$513.14M$310.12M$266.40M$348.11M$301.99M$349.24M$307.60M$436.88M$338.17M
    Interest Expense$156.35M$189.56M$186.10M$203.02M$189.21M$189.13M$246.57M$230.93M$255.11M$245.69M$243.12M$227.34M
    Income Before Tax$385.94M$312.92M$206.65M$652.27M$286.94M$141.04M$399.87M$327.11M$317.32M$231.05M$483.10M$226.87M
    Income Tax Expense$72.98M$59.87M$8.15M$111.89M$60.96M$17.54M$49.86M$46.45M$41.07M$27.23M$59.55M$29.90M
    Net Income$150.63M$395.64M$-69,253,000$288.88M$137.06M$170.67M$-26,498,000$118.46M$94.94M$276.84M$-114,249,000$116.69M
    EBITDA$227.54M$252.53M$1.03M$342.15M$166.03M$63.76M$298.33M$256.05M$223.20M$169.14M$289.34M$116.04M
    EBIT$227.54M$252.53M$1.03M$342.15M$166.03M$63.76M$298.33M$256.05M$223.20M$169.14M$289.34M$116.04M
    * Some calculated fields are derived from available data when not provided by source

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    News

    ARES Valuation and Fair Value

    P/E
    22.1x
    Forward P/E
    17.0x
    EV/EBITDA
    46.2x
    P/FCF
    30.9x
    PEG
    0.9x
    P/B
    10.3x
    See GNG's fair value

    ARES Profitability: Margins, ROIC and FCF

    Gross margin
    55.8%
    Operating margin
    9.5%
    Net margin
    12.1%
    ROIC
    3.8%
    ROE
    14.9%
    FCF margin
    14.0%
    FCF yield
    3.2%

    ARES Analyst Ratings

    Consensus
    Buy
    Analysts
    19
    Strong Buy
    5
    Buy
    7
    Hold
    7
    Sell
    0
    Strong Sell
    0

    ARES Bull Case vs Bear Case

    Bull case

    • 63.2% of ARES's analyst ratings are Buy or Strong Buy.

    Bear case

    • ARES beat EPS estimates in 37.5% of its last 8 reported quarters.
    • ARES has a debt-to-equity ratio of 3.5x.

    ARES Earnings: Beat Rate and Next Report

    Beat rate
    3 of 8 quarters (37.5%)
    Average surprise
    -2.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.28
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    ARES Dividend

    Forward yield
    4.7%
    Payout ratio
    149.2%
    3Y DPS growth
    19.9%
    5Y DPS growth
    21.3%
    Pay months
    Mar, Jun, Sep, Dec
    ARES dividend history

    Frequently Asked Questions About ARES

    What is ARES's current dividend yield?

    Ares Management LP (ARES) has a forward dividend yield of 4.74%.

    Does ARES pay dividends?

    Yes, Ares Management LP pays dividends with a forward dividend yield of 4.74%.

    What is ARES's P/E ratio?

    Ares Management LP has a price-to-earnings (P/E) ratio of 22.05.

    What is ARES's market cap?

    Ares Management LP (ARES) has a market capitalization of $38.36B with a current stock price of $114.01.

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