ARES
Ares ManagementPrevious close
128.15
Change
+0.68 / +0.53%
P/E (TTM) ?
44.7
Market Cap
$28.4B
1M
+10.31%
S&P 500 −0.91% over same period
Volume / Avg Volume
3.2M / 2.2M
1.48× average
Latest earnings analysisFY2026 Q2Reported 2026-07-10
Ares Q2 2026: revenue up 5.8%, realized EPS misses consensus
Ares grew revenue 5.8% year over year to $1.43 billion and lifted GAAP net income to $150.6 million, but after-tax realized income of $1.29 per share came in below the $1.32 consensus and free cash flow turned negative at -$351.4 million. The view is Neutral: fundraising is at a record, yet the quarter's cash and per-share numbers did not keep pace.
Read the full analysis →Revenue$1.43B
EPS (non-GAAP)$1.29Missest. $1.32
Next-day move−1.12%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-10 | $1.4B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-05-01 | $1.4B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-05 | $5.6B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-11-03 | $1.7B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-08-01 | $1.4B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-05-12 | $1.1B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
A 5-year P/E range needs a longer earnings record; not yet comparable
Last 4 quarters: $0 in buybacks + $92.8M in dividends, 0.33% of market cap combined
P/E (TTM)
44.7
P/B
7.2
P/S
4.8
Dividend Yield
2.82%
Earnings Reaction
Over the last 6 reports, the stock moved ±3.6% on average on the first trading day after, rising 2 times
Most recent −1.12%
Volatility & Correlation
1-year beta 1.62 · Correlation with S&P 500 0.48High beta
Annualized volatility 43% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 2 · $1.7MSell 1 · $236MNet selling $234M
- 10-26ARES MANAGEMENT LLCBuy$0.50M20,834 shares · Avg price 24.07
- 10-23ARES MANAGEMENT LLCBuy$1.2M50,000 shares · Avg price 23.53
- 08-13ARES MANAGEMENT LLCSell$236M23,000,000 shares · Avg price 10.25
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 1.43 | +5.8% | — | 0.15 | — |
| FY2026 Q1 | 1.40 | +28.3% | — | 0.14 | — |
| FY2025 Q4 | 1.50 | +19.5% | — | -0.05 | — |
| FY2025 Q3 | 1.66 | +46.7% | — | 0.29 | — |
| FY2025 Q2 | 1.35 | +71.2% | — | 0.14 | — |
| FY2025 Q1 | 1.09 | +53.9% | — | 0.05 | — |
| FY2024 Q4 | 1.26 | +19.5% | — | 0.15 | — |
| FY2024 Q3 | 1.13 | +68.3% | — | 0.12 | — |
| FY2024 Q2 | 0.79 | −27.9% | — | 0.09 | — |
| FY2024 Q1 | 0.71 | −13.0% | — | 0.07 | — |
| FY2023 Q4 | 1.05 | +12.4% | — | 0.47 | — |
| FY2023 Q3 | 0.67 | −16.2% | — | — | — |