Ares Management Corporation ARES
- Market cap
- $39.7B
- P/E
- 56.0×
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Ares Management Corporation (ARES) EV/EBITDA
As of 25 September 2026, Ares Management Corporation (ARES) trades at a EV/EBITDA of 30.4×. Over the past ten years it has ranged from 0.0× (September 2019) to 53.3× (August 2025); the current reading is higher than 64% of that period. That is above the Asset Management industry median of 10.3× and above the Financial sector median of 9.5×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 44.7× | 20.90% |
| FY2024 | 36.9× | 35.45% |
| FY2023 | 27.3× | (36.69%) |
| FY2022 | 43.1× | 160.56% |
| FY2021 | 16.5× | (14.41%) |
| FY2020 | 19.3× | 65.60% |
| FY2019 | 11.7× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 4.5× | (61.58%) |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 28.1× | (0.65%) |
| Mar 2026 | 28.3× | (36.61%) |
| Dec 2025 | 44.7× | 7.19% |
| Sep 2025 | 41.7× | (13.63%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| NTRS Northern Trust Corporation compare | n/m |
| STT State Street Corporation compare | n/m |
| RJF Raymond James Financial, Inc. compare | 4.5× |
| AMP Ameriprise Financial, Inc. compare | 6.3× |
| APO Apollo Global Management Inc. compare | 6.6× |
| TROW T. Rowe Price Group, Inc. compare | 6.7× |
| PFG Principal Financial Group, Inc. compare | 12.8× |
| BAM Brookfield Asset Management Ltd. compare | 20.4× |
| ARES Ares Management Corporation | 30.4× |
| Asset Management industry median | 10.3× |
| Financial sector median | 9.5× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on ARES
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement