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Ares Management (Ares Management) EV-to-EBIT : 18.34 (As of Apr. 26, 2024)


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What is Ares Management EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ares Management's Enterprise Value is $40,236 Mil. Ares Management's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,194 Mil. Therefore, Ares Management's EV-to-EBIT for today is 18.34.

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: 8.6   Med: 20.18   Max: 45.84
Current: 18.34

During the past 13 years, the highest EV-to-EBIT of Ares Management was 45.84. The lowest was 8.60. And the median was 20.18.

ARES's EV-to-EBIT is ranked worse than
71.51% of 502 companies
in the Asset Management industry
Industry Median: 9.75 vs ARES: 18.34

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ares Management's Enterprise Value for the quarter that ended in Dec. 2023 was $39,500 Mil. Ares Management's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,194 Mil. Ares Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.55%.


Ares Management EV-to-EBIT Historical Data

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.

* Premium members only.

Ares Management EV-to-EBIT Chart

Ares Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.44 26.56 19.89 26.74 18.00

Ares Management Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26.74 25.73 20.71 17.52 18.00

Competitive Comparison of Ares Management's EV-to-EBIT

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's EV-to-EBIT Distribution in the 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 Management EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=40236.212/2193.939
=18.34

Ares Management's current Enterprise Value is $40,236 Mil.
Ares Management's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,194 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  (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 Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=2193.939/39500.4742
=5.55 %

Ares Management's Enterprise Value for the quarter that ended in Dec. 2023 was $39,500 Mil.
Ares Management's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,194 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

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Ares Management (Ares Management) Business Description

Traded in Other Exchanges
Address
2000 Avenue of the Stars, 12th Floor, Los Angeles, CA, USA, 90067
Ares Management Corp is an asset management company based in the United States. It offers investors investment-related advice and strategies for capital growth. The company's operating segments include Credit Group, Private Equity Group, Real Estate Group, Secondaries Group, and Strategic Initiatives. Its Credit Group generates maximum revenue, and manages credit strategies across the liquid and illiquid spectrum. Private Equity Group manages investment strategies categorized as corporate private equity, infrastructure and power, and special opportunities, Real Estate Group is engaged in managing real estate equity and debt strategies. The Secondary Solutions Group invests in secondary markets across a range of asset class including private equity, real estate, and infrastructure.
Executives
Michael J Arougheti director, officer: Co-Founder & President 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Bennett Rosenthal director, officer: Co-Founder & Senior Partner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
David B Kaplan director, officer: Co-Founder & Senior Partner 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Ryan Berry officer: Ptr, Chief Mktg. & Strat. Off. C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
R. Kipp Deveer officer: Partner 245 PARK AVENUE, 44TH FLOOR, NEW YORK NY 10167
Ashish Bhutani director
Judy D. Olian director 2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067
Aghili Naseem Sagati officer: General Counsel 2000 AVENUE OF THE STARS, LOS ANGELES CA 90067
Bush Antoinette Cook director NORTHPOINT TECHNOLOGY, 444 N CAPITOL STREET NW STE 645, WASHINGTON DC 20001
Antony P Ressler director, officer: Chairman, CEO, Co-Founder 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Eileen Naughton director C/O GOOGLE INC., 76 NINTH AVENUE, 4TH FLOOR, NEW YORK NY 10011
Ares Management Corp officer: Chief Financial Officer 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Jarrod Phillips officer: Chief Financial Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 100167
Michael R Mcferran officer: EVP, CFO & Treasurer 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Michael D Weiner officer: EVP, CLO & Secretary 10250 CONSTELLATION BLVD, SUITE 2900, LOS ANGELES CA 90067-6229