Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ares Management's share price for the quarter that ended in Dec. 2023 was $118.92. Ares Management's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 191 Mil. Therefore, Ares Management's market cap for the quarter that ended in Dec. 2023 was $22,661 Mil.
Ares Management's quarterly market cap
increased
from Jun. 2023 ($17,798 Mil) to Sep. 2023 ($19,324 Mil) and
increased
from Sep. 2023 ($19,324 Mil) to Dec. 2023 ($22,661 Mil).
Ares Management's annual market cap
declined
from Dec. 2021 ($13,966 Mil) to Dec. 2022 ($12,140 Mil) but then
increased
from Dec. 2022 ($12,140 Mil) to Dec. 2023 ($22,661 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ares Management's Enterprise Value for Today is $40,298 Mil.
Ares Management Market Cap Historical Data
The historical data trend for Ares Management's Market Cap 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.
Competitive Comparison of Ares Management's Market Cap
For the Asset Management subindustry, Ares Management's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ares Management's Market Cap distribution charts can be found below:
* The bar in red indicates where Ares Management's Market Cap falls into.
Ares Management Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Ares Management's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Ares Management Market Cap Related Terms
Thank you for viewing the detailed overview of Ares Management's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ares Management (Ares Management) Business Description
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.
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