Ares Management Corp

NYSE:ARESFinancial ServicesCBOE:SPESGNASDAQ:NQUSMG

$113.00+0.65%At closeAt close · Tue 20 Oct · ≈ AED 414.99 · Market cap $25.31B · Next earnings Thu 29 Oct

Ratio	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	Current · undated	YoY
Gross margin	56.5%	72.4%	51.0%	59.1%	55.4%	74.8%	—	—
Operating margin	17.8%	19.0%	10.0%	23.0%	24.4%	27.2%	27.2%	+0.0 pts
Net margin	8.6%	9.7%	5.5%	13.1%	11.9%	8.2%	16.8%	+8.7 pts
EBITDA margin	41.5%	35.0%	43.7%	66.8%	62.1%	35.5%	—	—
Return on equity	12.7%	22.4%	10.5%	25.1%	13.1%	12.3%	12.5%	+0.2 pts
Return on assets	1.0%	1.9%	0.8%	1.9%	1.9%	1.8%	3.8%	+1.9 pts
Return on capital employed	2.3%	4.6%	1.6%	4.0%	4.6%	6.4%	—	—
Debt / equity	9.1×	6.8×	8.4×	8.3×	3.7×	3.5×	1.7×	−50.9%
Debt / assets	71.9%	57.8%	60.6%	63.7%	52.8%	51.4%	—	—
Interest coverage	1.0×	2.7×	0.6×	1.0×	1.0×	2.3×	—	—
Current ratio	1.0×	0.6×	0.6×	0.7×	1.0×	2.2×	2.2×	+0.0%
Quick ratio	1.0×	0.6×	0.6×	0.7×	1.0×	2.2×	—	—
Cash ratio	0.6×	0.3×	0.3×	0.4×	0.6×	1.0×	1.0×	+0.0%
Asset turnover	0.1×	0.2×	0.1×	0.1×	0.2×	0.2×	—	—
Receivables turnover	2.8×	3.6×	2.8×	2.9×	2.6×	3.4×	—	—
Dividend payout	307.9%	147.8%	499.2%	217.3%	282.7%	333.1%	—	—

Margins, returns, leverage and liquidityUpdated 31 Dec 2025 ·

ⓘ

Current snapshot ratios have no reporting date and are shown separately from fiscal periods.