Ares Management Corp (ARES): price, analyst ratings, earnings and fundamentals
Updated 16 September 2026, 08:02 ET
Ares Management Corp (ARES) closed at $129.10 on 15 September 2026, down 1.8%. The stock is down 10.4% over one month and down 29.4% over one year. It trades 30.9% below its 52-week high of $186.85. Analysts recorded 11 actions in the last 90 days; the median price target of $155 is 20.1% above the last close. The company last reported on 31 July 2026 for Q2 2026: EPS of $1.29 against an estimate of $1.32, a miss of 2.3%, on revenue of $1.0 billion.
Price and performance
Performance figures use dividend and split adjusted closes over trading sessions, so a one-year move compares the last close with the close 252 sessions earlier. The 52-week range uses the adjusted daily highs and lows of the same window. Read the guide: Momentum, trend and technical indicators.
The live chart with technical indicators is in the app: open ARES in FundSpec.
Analyst ratings
Over the last 90 days FundSpec recorded 11 analyst actions on ARES from 7 firms: 11 maintained or reiterated a view. Price targets were 8 raised and 3 lowered. The most recent targets from 9 firms range from $131 to $168, with a median of $155, 20.1% above the last close.
| Date | Firm | Action | Price target |
|---|---|---|---|
| 27 Aug 2026 | Oppenheimer | Maintains Outperform | $151.00 to $162.00 |
| 3 Aug 2026 | TD Cowen | Maintains Buy | $153.00 to $155.00 |
| 3 Aug 2026 | JP Morgan | Maintains Overweight | $143.00 to $153.00 |
| 3 Aug 2026 | RBC Capital | Maintains Outperform | $162.00 to $168.00 |
| 3 Aug 2026 | Oppenheimer | Maintains Outperform | $140.00 to $151.00 |
| 3 Aug 2026 | BMO Capital | Maintains Market Perform | $128.00 to $134.00 |
| 17 Jul 2026 | Oppenheimer | Maintains Outperform | $146.00 to $140.00 |
| 13 Jul 2026 | BMO Capital | Maintains Market Perform | $125.00 to $128.00 |
| 9 Jul 2026 | Citizens | Maintains Market Outperform | $190.00 to $160.00 |
| 9 Jul 2026 | Barclays | Maintains Overweight | $140.00 to $139.00 |
A price target is one firm's twelve-month view, and the median across firms is a steadier reading than any single call. Upgrades and downgrades matter more when they change a rating, not only a target. Read the guide: What analyst ratings and price targets actually tell you.
Every action with the firm's history is in Analyst Ratings.
Earnings
The next report is scheduled for 2 November 2026 before the open for Q3 2026, with EPS expected at $1.30 on revenue of $1.3 billion. Ares Management Corp beat the EPS estimate in 3 of its last 8 reported quarters.
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue |
|---|---|---|---|---|---|
| Q2 2026 | 31 Jul 2026 | $1.32 | $1.29 | -2.27% | $1.0B |
| Q1 2026 | 1 May 2026 | $1.33 | $1.24 | -6.77% | $989.5M |
| Q4 2025 | 5 Feb 2026 | $1.70 | $1.45 | -14.71% | $991.1M |
| Q3 2025 | 3 Nov 2025 | $1.14 | $1.19 | +4.39% | $971.8M |
| Q2 2025 | 1 Aug 2025 | $1.10 | $1.03 | -6.36% | $900.6M |
| Q1 2025 | 5 May 2025 | $0.94 | $1.09 | +15.96% | $817.0M |
| Q4 2024 | 5 Feb 2025 | $1.30 | $1.23 | -5.38% | $780.7M |
| Q3 2024 | 1 Nov 2024 | $0.94 | $0.95 | +1.06% | $753.6M |
An earnings surprise is the reported EPS against the consensus estimate on the day. The price reaction depends as much on guidance and on what was already priced in as on the surprise itself. Read the guide: Earnings season: estimates, surprises and price reaction.
Estimates, confirmed dates and alerts for every company are in Earnings.
Fundamentals
For the period ended 30 June 2026, Ares Management Corp reported revenue of $1.3 billion and net income of $150.6 million. On a trailing twelve month basis the company shows revenue growth of 28.54%, a gross margin of N.A., an operating margin of N.A. and a return on equity of 12.85%.
Income statement
| Line | Amount |
|---|---|
| Revenue | $1,293,657,000 |
| Selling, General & Administrative Expenses | $255,715,000 |
| Total Operating Expenses | $1,179,977,000 |
| Operating Profit | $113,680,000 |
| Pre-tax Income | $385,942,000 |
| Income Tax Expense | $72,977,000 |
| Net Income | $150,635,000 |
Cash flow
| Line | Amount |
|---|---|
| Cash from Operating Activities | -$351,445,000 |
| Stock-based Compensation | $182,779,000 |
| Cash from Investing Activities | -$33,197,000 |
| Cash from Financing Activities | $370,856,000 |
| Dividends Paid | $25,194,000 |
Assets
| Line | Amount |
|---|---|
| Cash & Cash Equivalents | $557,094,000 |
| Goodwill Intangible Assets, Net | $4,195,066,000 |
| Total Assets | $29,631,399,000 |
Liabilities and equity
| Line | Amount |
|---|---|
| Operating Lease Liabilities, Long-term | $812,596,000 |
| Total Liabilities | $21,003,486,000 |
| Additional Paid In Capital | $4,346,419,000 |
| Retained Earnings | -$1,854,800,000 |
| Other Accumulated Comprehensive Income | $13,122,000 |
| Total Stockholders Equity | $3,968,073,000 |
| Total Liability & Stockholders Equity | $29,631,399,000 |
Figures as filed with the SEC for the period ended 30 June 2026, in US dollars.
FundSpec fundamental metrics
Each metric is computed from the company's filings and ranked against every company FundSpec covers; the percentile is the share of covered companies with a lower value.
Leverage
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Debt/Assets | 0.00 | 17th | Calculated as the ratio of Short-Term Debt + Long-Term Debt / Total Assets. The higher the ratio, the higher the degree of leverage, and consequently, financial risk |
| Debt/Equity | 0.00 | 14th | Calculated as the ratio of Total Liabilities / Shareholders' Equity. The ratio indicates how much debt a company is using to finance its assets relative to the amount of value represented in shareholders’ equity |
Earnings Growth (Net Income)
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Net Income Pct Growth | 17.0% | 56th | The Net Income growth rate over the trailing twelve months (TTM) |
| Net Income Pct Growth 3 year CAGR | 0.5% | 46th | The Net Income compound annual growth rate (CAGR) over the past 3 years |
| Net Income Pct Growth 5 year CAGR | 10.4% | 65th | The Net Income compound annual growth rate (CAGR) over the past 5 years |
Cashflow
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Operating Cashflow Pct Growth | -77.5% | 4th | The Operating Cashflow growth rate over the trailing twelve months (TTM) |
Profitability
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| PreTax Margin Pct | 14.9% | 71st | Calculated as the ratio of (Gross profit - (Operating Expense + Interest Expense)) / Revenue. The pretax profit margin enables profitability to be compared across companies with significant differences in size, scale, capital structure and tax rates. |
| Return on Assets Pct | 1.9% | 64th | Calculated as the ratio of Net Income / Total Assets. It is an indicator of how efficient the company is at using its assets to generate earnings. |
| Return on Equity Pct | 12.8% | 74th | Calculated as the ratio of Net Income / Shareholders' equity. It is a measure of how much profit a company generates with the money shareholders have invested. |
Top Line Growth
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Revenue Pct Growth | 28.5% | 82nd | The Revenue (Sales) growth rate over the trailing twelve months (TTM) |
| Revenue Pct Growth 3 year CAGR | 18.9% | 81st | The Revenue (Sales) compound annual growth rate (CAGR) over the past 3 years |
| Revenue Pct Growth 5 year CAGR | 22.6% | 84th | The Revenue (Sales) compound annual growth rate (CAGR) over the past 5 years |
Taxes
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Effective Tax Rate Pct | 16.2% | 59th | The effective tax rate of the company over the trailing twelve months (TTM). |
Margins and returns say how much of each dollar of sales becomes profit and how hard the balance sheet is working; leverage and liquidity say how much room the company has when conditions turn. Read the guide: A practical guide to discounted cash flow valuation.
Fair value, peer multiples and the full statement history are in the app: open ARES in FundSpec.
Insider activity
In the last 90 days insiders filed 11 transactions: 6 acquisitions covering 10,368 shares and 5 disposals covering 23,176,497 shares. Acquisitions include awards and option exercises as well as open market purchases. The largest by value was a disposal of 23,000,000 shares by Management Llc Ares, 10% Owner on 13 August 2026, worth about $235.8 million at the transaction price.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 20 Aug 2026 | Blair Jacobson | Co-President | Disposal | 8,000 | ||
| 13 Aug 2026 | Management Llc Ares | 10% Owner | Disposal | 23,000,000 | $10.25 | $235.8M |
| 30 Jul 2026 | Ashish Bhutani | Director | Acquisition | 1,728 | ||
| 30 Jul 2026 | Antoinette Cook Bush | Director | Acquisition | 1,728 | ||
| 30 Jul 2026 | Paul G. Joubert | Director | Acquisition | 1,728 | ||
| 30 Jul 2026 | Eileen Naughton | Director | Acquisition | 1,728 | ||
| 30 Jul 2026 | Judy D. Olian | Director | Acquisition | 1,728 | ||
| 30 Jul 2026 | Michael Lynton | Director | Acquisition | 1,728 | ||
| 1 Jul 2026 | Jarrod Phillips | Chief Financial Officer | Disposal | 2,583 | $113.63 | $294K |
| 30 Jun 2026 | R. Kipp Deveer | Director, Co-President | Disposal | 82,957 | $111.31 | $9.2M |
| 30 Jun 2026 | Michael J Arougheti | Director, Co-Founder and CEO | Disposal | 82,957 | $111.31 | $9.2M |
| 3 Jun 2026 | Blair Jacobson | Co-President | Disposal | 8,000 | ||
| 20 Feb 2026 | Judy D. Olian | Director | Acquisition | 480 | $124.43 | $60K |
| 6 Feb 2026 | Ashish Bhutani | Director | Acquisition | 10,000 | $126.61 | $1.3M |
| 4 Feb 2026 | Aghili Naseem Sagati | General Counsel | Disposal | 1,200 | $137.72 | $165K |
Insider filings record what officers and directors did with their own shares. Disposals are often planned sales or tax related, so a pattern across several insiders says more than one filing.
SEC filings
The latest filing is a 10-Q from 7 August 2026.
| Filed | Form | Document |
|---|---|---|
| 7 Aug 2026 | 10-Q | View on sec.gov |
| 8 May 2026 | 10-Q | View on sec.gov |
| 25 Feb 2026 | 10-K | View on sec.gov |
| 6 Nov 2025 | 10-Q | View on sec.gov |
| 8 Aug 2025 | 10-Q | View on sec.gov |
| 12 May 2025 | 10-Q | View on sec.gov |
| 27 Feb 2025 | 10-K | View on sec.gov |
| 8 Nov 2024 | 10-Q | View on sec.gov |
| 7 Aug 2024 | 10-Q | View on sec.gov |
| 9 May 2024 | 10-Q | View on sec.gov |
Company profile
- Exchange
- NYSE
- Sector
- Brokers and Asset Managers
- Industry
- Trading
- Headquarters
- LOS ANGELES, California
- Chief executive
- Michael J. Arougheti
- Employees
- 2,550
- Website
- aresmgmt.com
- SEC CIK
- 0001176948
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. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. Its Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies.
Sector and peers
Ares Management Corp is part of the Brokers and Asset Managers sector, which FundSpec tracks across 73 companies.
Companies in the same industry by market capitalization:
BX Blackstone Inc.KKR KKR & Co. Inc.APO Apollo Global Management, Inc.AMP Ameriprise Financial Inc.
Put two of them side by side in Compare.
In FundSpec: the fair value estimate, the momentum reading, relative valuation against sector and industry peers, unusual options activity and AI model signals for ARES are available to subscribers, with the same screen in the iOS and Android apps.
Open ARES in FundSpec