Earnings Summary

Ares Management Corp’s revenue fell -27.86% since last year same period to $788.68Mn in the Q2 2024. On a quarterly growth basis, Ares Management Corp has generated 11.5% jump in its revenue since last 3-months.

Ares Management Corp’s net profit fell -34.31% since last year same period to $94.94Mn in the Q2 2024. On a quarterly growth basis, Ares Management Corp has generated 44.38% jump in its net profits since last 3-months.

Ares Management Corp’s net profit margin fell -8.93% since last year same period to 12.04% in the Q2 2024. On a quarterly growth basis, Ares Management Corp has generated 29.49% jump in its net profit margins since last 3-months.

Ares Management Corp’s price-to-earnings ratio after this Q2 2024 earnings stands at 86.53.

Ares Management Corp’s earning per share (EPS) estimates for the current quarter stand at 0.94 - a -4.08% fall from last quarter’s estimates.

Ares Management Corp’s earning per share (EPS) estimates for the current year stand at 0.94.

Ares Management Corp’s earning per share (EPS) jumped 10% since last year same period to 0.99 in the Q2 2024. This indicates that the Ares Management Corp has generated 10% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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 0.2.

Ares Management Corp declared 0.93 dividend per share during the earnings announcement for Q2 2024.