Earnings Summary

Ares Management Corp’s revenue jumped 81.78% since last year same period to $1093.29Mn in the Q2 2023. On a quarterly growth basis, Ares Management Corp has generated 34.42% jump in its revenue since last 3-months.

Ares Management Corp’s net profit jumped 263.73% since last year same period to $144.51Mn in the Q2 2023. On a quarterly growth basis, Ares Management Corp has generated -30.29% fall in its net profits since last 3-months.

Ares Management Corp’s net profit margin jumped 100.09% since last year same period to 13.22% in the Q2 2023. On a quarterly growth basis, Ares Management Corp has generated -48.14% fall in its net profit margins since last 3-months.

Ares Management Corp’s earning per share (EPS) estimates for the current quarter stand at 1.07 - a 44.59% jump from last quarter’s estimates.

Ares Management Corp’s earning per share (EPS) estimates for the current year stand at 1.07.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ares Management Corp’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ares Management Corp’s return on equity (ROE) stands at 0.16.

Ares Management Corp declared 0.77 dividend per share during the earnings announcement for Q1 2023.