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Friday 6 November 2026 Export ARES’s income statement to Excel — free account

Ares Management Corporation

ARES Financial Asset Management

Ares Management Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.6 billion, up 44.2% from fiscal 2024.

Revenue
−13.5%
EPS
−21.5%
Free cash flow
−197.9%
Total debt
+63.7%

Quarter to September 2026, against a year earlier

134.46 0.74 +0.55%
Market cap
$44.2B
P/E
69.2×
Fwd P/E
22.4×
Dividend yield
3.86%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Ares Management Corporation (ARES) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Ares Management Corporation (ARES) trades at a P/B ratio of 4.3×. Over the past ten years it has ranged from 0.2× (August 2015) to 7.3× (January 2025); the current reading is higher than 77% of that period. That is above the Asset Management industry median of 0.9× and above the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 4.9× (25.50%)
FY2024 6.5× 37.24%
FY2023 4.8× 50.78%
FY2022 3.2× (9.46%)
FY2021 3.5× 19.27%
FY2020 2.9× 18.44%
FY2019 2.5× 58.45%
FY2018 1.6× 9.49%
FY2017 1.4× 1.92%
FY2016 1.4× 29.64%

Quarterly newest first

Period P/B ratio Change
Sep 2026 3.7× 4.93%
Jun 2026 3.5× (0.45%)
Mar 2026 3.5× (27.23%)
Dec 2025 4.9× (1.05%)
43 more quarters

Against its own ten years

Low 0.2× High 7.3×
Ten-year median 3.1×
Current reading's percentile 75

P/B ratio against peers

Company P/B ratio
STT State Street Corporation compare 1.8×
APO Apollo Global Management Inc. compare 2.0×
TROW T. Rowe Price Group, Inc. compare 2.0×
PFG Principal Financial Group, Inc. compare 2.0×
RJF Raymond James Financial, Inc. compare 2.5×
NTRS Northern Trust Corporation compare 2.5×
ARES Ares Management Corporation 4.3×
AMP Ameriprise Financial, Inc. compare 9.0×
BAM Brookfield Asset Management Ltd. compare 9.2×
Asset Management industry median 0.9×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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