Ares Management Corporation

NYSE ARES

Ares Management Corporation Net Income for the Trailing 12 Months (TTM) ending September 30, 2024: USD 447.77 M

Ares Management Corporation Net Income is USD 447.77 M for the Trailing 12 Months (TTM) ending September 30, 2024, a 12.39% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Ares Management Corporation Net Income for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 398.41 M, a 154.72% change year over year.
  • Ares Management Corporation Net Income for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 156.41 M, a -51.52% change year over year.
  • Ares Management Corporation Net Income for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 322.62 M, a 303.82% change year over year.
  • Ares Management Corporation Net Income for the Trailing 12 Months (TTM) ending September 30, 2020 was USD 79.89 M, a -14.18% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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NYSE: ARES

Ares Management Corporation

CEO Mr. Michael J. Arougheti
IPO Date May 2, 2014
Location United States
Headquarters 2000 Avenue of the Stars
Employees 2,918
Sector Finance
Industries
Description

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

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StockViz Staff

January 15, 2025

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