The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

ARES

Concerning the House

Ares Management Corporation operates as an alternative asset manager. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment specializes in early venture, turnaround, mid venture, late venture, recapitalization, growth capital, middle market, mezzanine, distressed and growth buyouts. The firm seeks to invest in healthcare, services, energy, industrials and consumer. The firm seeks to takes majority, minority and shared-control investments primarily in under-capitalized companies in North America, Europe, Asia Pacific, Southeast Asia and Australia. 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 prefers to invest between $1 million and $500 million in companies having EBITDA between $10 million and $250 million and debt investment value between $10 million and $100 million. Ares Management Corporation was founded in 1997 and is based in Los Angeles, California with additional offices in North America, Europe and Asia.

United States · www.ares.com

The Long Run

FY 2014–2025 · 12 years

LineLatestCAGRTrend
Revenue$3.63B+35.2%
Net income$527.36M+28.0%
Cash from ops$3.27B
Quotation

$149.45

+7.10 (+5.0%)

52w hi$185.90
52w lo$94.25
Vol2.83M
As ofAug 13
The Verdict

Hold

Our score +0.09

Short+0.19
Medium+0.08
Long-0.10

computed 2026-08-13

By the Numbers

Ares Management Corporation

Financial Services · Asset Management

Market cap$49.30B
Enterprise value$51.52B
Trailing P/E68.56x
Forward P/E20.80x
EV / EBITDA36.02x
P / S (ttm)8.23x
Profit margin10.6%
Return on equity14.9%
Revenue growth+5.8%
Earnings growth+6.5%
Debt / equity172.38
Risk Metrics
Beta vs SPX1.66
Corr SPX0.65
Annual vol41.8%
Annual ret+11.9%
Sharpe0.29
Max DD-51.3%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.12
Sector+0.09
Technical+0.00
Earnings+0.00
Sentiment+0.28

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$142.55$149.85$142.25$149.452.83M
Aug 12$143.55$144.48$139.89$142.352.02M
Aug 11$138.00$144.82$137.542.27M
Aug 10$136.00$137.72$134.42$137.661.73M
Aug 7$138.20$140.83$136.48$136.851.40M