ARES (Ares Management) EV-to-EBIT: 21.67 (As of Aug. 07, 2026) — Near Median

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ARES Ares Management Corp ARES
82 GF Score
Price $138.26
GF Value $181.43
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ares Management EV-to-EBIT?

Ares Management ARES +0.07% 82 EV-to-EBIT is 21.67 as of Aug. 07, 2026, which is 4% above its 10-year median of 20.84. GuruFocus rates ARES with a GF Score™ of 82/100 and a GF Value™ of $181.43 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 499 Asset Management companies, Ares Management ranks worse than 76.15% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ares Management's Enterprise Value is $49,684 Mil. Ares Management's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,293 Mil. Therefore, Ares Management's EV-to-EBIT for today is 21.67.

The historical rank and industry rank for Ares Management's EV-to-EBIT or its related term are showing as below:

ARES' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.26   Med: 20.84   Max: 45.84
Current: 22.31

During the past 13 years, the highest EV-to-EBIT of Ares Management was 45.84. The lowest was 9.26. And the median was 20.84.

ARES's EV-to-EBIT is ranked worse than
76.15% of 499 companies
in the Asset Management industry
Industry Median: 9.49 vs ARES: 22.31

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ares Management's Enterprise Value for the quarter that ended in Jun. 2026 was $0 Mil. Ares Management's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,293 Mil. Ares Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was %.


Ares Management  (NYSE:ARES) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Ares Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=2292.811/0
= %

Ares Management's Enterprise Value for the quarter that ended in Jun. 2026 was $0 Mil.
Ares Management's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,293 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ares Management EV-to-EBIT Related Terms


Ares Management EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Ares Management's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ares Management EV-to-EBIT Chart

Ares Management Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.89 26.74 18.00 22.70 26.53

Ares Management Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.50 22.55 26.53 19.36 0.00

ARES vs TROW, RJF, PFG: EV-to-EBIT Comparison

For the Asset Management subindustry, Ares Management's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ares Management EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Ares Management's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ares Management's EV-to-EBIT falls into.


ARES
82GF Score
Ares Management Corp ARES
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ares Management EV-to-EBIT Calculation

Ares Management's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=49683.862/2292.811
=21.67

Ares Management's current Enterprise Value is $49,684 Mil.
Ares Management's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,293 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 21.67 mean?
Ares Management (ARES) has a EV-to-EBIT of 21.67 as of Aug. 07, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ares Management and its competitors. This is near median its historical median of 20.84. Over the past decade, Ares Management's EV-to-EBIT has ranged from 9.26 to 45.84. According to the industry distribution chart, Ares Management ranks #380 out of 499 companies in the Asset Management industry, placing it in the top 76.2%.
Is Ares Management's EV-to-EBIT too high?
Ares Management's current EV-to-EBIT of 21.67 is near median its 10-year median of 20.84. Over the past 10 years, this metric has ranged from a low of 9.26 to a high of 45.84. The Asset Management industry median EV-to-EBIT is 9.49. Ares Management's value of 21.67 is 128.3% above this industry median. Based on the distribution chart, Ares Management ranks #380 out of 499 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Ares Management has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ares Management's EV-to-EBIT compare to TROW and RJF?
According to the Asset Management industry distribution chart, Ares Management ranks #380 out of 499 companies for EV-to-EBIT. This places Ares Management in the lower half of its industry. The industry median EV-to-EBIT is 9.49. Ares Management's value of 21.67 is 128.3% above this benchmark. Historically, Ares Management's own EV-to-EBIT has ranged from 9.26 to 45.84 over the past decade. While the company's 10-year median is 20.84 vs. the industry median of 9.49, Ares Management has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Asset Management company?
The median EV-to-EBIT among Asset Management companies is 9.49, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ares Management's current EV-to-EBIT of 21.67 is 128.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ares Management and its competitors. For the Asset Management industry, the median EV-to-EBIT is 9.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares Management's current EV-to-EBIT is 21.67, which is near median its own 10-year median of 20.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Management stock overvalued right now?
Based on GuruFocus' analysis, Ares Management (ARES) is currently considered Modestly Undervalued. The stock's GF Value™ is $181.43, compared to a current price of $138.26 — trading 23.8% below its estimated fair value. The current EV-to-EBIT is 21.67, which is near median its 10-year median of 20.84 and 128.3% above the Asset Management industry median of 9.49. Ares Management's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Ares Management (ARES), the current EV-to-EBIT is 21.67 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ares Management (ARES) Overvalued in 2026?

Based on GuruFocus' analysis, Ares Management stock appears to be undervalued. The current stock price of $138.26 is trading 23.8% below its estimated GF Value™ of $181.43. GuruFocus considers Ares Management to be Modestly Undervalued.

Key valuation signals for ARES:

  • EV-to-EBIT: 21.67 (near median its 10-year median of 20.84)
  • GF Value™: $181.43 vs. price of $138.26 (23.8% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 128.3% above the Asset Management median (#380 of 499)

No single metric tells the full story. See the ARES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ares Management Business Description

Other Exchanges 0QN:GermanyA2RE34:Brazil
Address 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA, USA, 90067
Ares Management is one of the world's largest alternative-asset managers, with $622.5 billion in total assets under management, or AUM, including $384.9 billion in fee-earning AUM, at the end of 2025. The company has four main business segments: credit strategies ($406.9 billion in total AUM and $249.8 billion in fee-earning AUM), private equity, ($25.3 billion/$14.4 billion), real estate/real assets ($139.1 billion/$84.1 billion), and other alternatives ($51.2 billion/$36.6 billion). The firm primarily serves institutional investors (80% of AUM) and high-net-worth individuals (20%). Ares operates through more than 35 offices in over 15 countries around the globe.
82GF Score

Get the complete analysis for ARES

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$138.26
Price
$181.43
GF Value