Ares Management LP
Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments… Read more
Ares Management LP (ARES) - Net Assets
Latest net assets as of September 2025: $8.61 Billion USD
Based on the latest financial reports, Ares Management LP (ARES) has net assets worth $8.61 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($27.03 Billion) and total liabilities ($18.43 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.61 Billion |
| % of Total Assets | 31.84% |
| Annual Growth Rate | -0.92% |
| 5-Year Change | 176.08% |
| 10-Year Change | 604.68% |
| Growth Volatility | 35.17 |
Ares Management LP - Net Assets Trend (2011–2024)
This chart illustrates how Ares Management LP's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ares Management LP (2011–2024)
The table below shows the annual net assets of Ares Management LP from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.82 Billion | +52.52% |
| 2023-12-31 | $4.47 Billion | +17.79% |
| 2022-12-31 | $3.80 Billion | -0.41% |
| 2021-12-31 | $3.81 Billion | +54.32% |
| 2020-12-31 | $2.47 Billion | +32.99% |
| 2019-12-31 | $1.86 Billion | +33.30% |
| 2018-12-31 | $1.39 Billion | -4.52% |
| 2017-12-31 | $1.46 Billion | +6.03% |
| 2016-12-31 | $1.38 Billion | +42.22% |
| 2015-12-31 | $968.41 Million | -83.01% |
| 2014-12-31 | $5.70 Billion | -12.85% |
| 2013-12-31 | $6.54 Billion | -6.45% |
| 2012-12-31 | $6.99 Billion | -9.11% |
| 2011-12-31 | $7.69 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ares Management LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 77297800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.13 Million | 0.09% |
| Other Comprehensive Income | $-17.76 Million | -0.50% |
| Other Components | $4.40 Billion | 124.04% |
| Total Equity | $3.54 Billion | 100.00% |
Ares Management LP Competitors by Market Cap
The table below lists competitors of Ares Management LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Heidelberg Materials AG
XETRA:HEI
|
$21.59 Billion |
|
Bayer AG
PINK:BAYZF
|
$21.61 Billion |
|
Oriental Land Co. Ltd
PINK:OLCLF
|
$21.62 Billion |
|
Telefonaktiebolaget LM Ericsson Class B
PINK:ERIXF
|
$21.68 Billion |
|
Accton Technology Corp
TW:2345
|
$21.55 Billion |
|
Williams-Sonoma Inc
NYSE:WSM
|
$21.52 Billion |
|
Semiconductor Manufacturing International Corporation
F:MKN2
|
$21.49 Billion |
|
Volkswagen AG Non-Vtg Pfd.
WAR:VOW
|
$21.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ares Management LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,893,399,000 to 3,543,646,000, a change of 1,650,247,000 (87.2%).
- Net income of 463,742,000 contributed positively to equity growth.
- Dividend payments of 1,310,896,000 reduced retained earnings.
- New share issuances of 1,865,895,000 increased equity.
- Other comprehensive income decreased equity by 12,127,000.
- Other factors increased equity by 643,633,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $463.74 Million | +13.09% |
| Dividends Paid | $1.31 Billion | -36.99% |
| Share Issuances | $1.87 Billion | +52.65% |
| Other Comprehensive Income | $-12.13 Million | -0.34% |
| Other Changes | $643.63 Million | +18.16% |
| Total Change | $- | 87.16% |
Book Value vs Market Value Analysis
This analysis compares Ares Management LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.62x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 22.71x to 5.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $4.43 | $100.51 | x |
| 2012-12-31 | $5.24 | $100.51 | x |
| 2013-12-31 | $68.24 | $100.51 | x |
| 2014-12-31 | $70906.85 | $100.51 | x |
| 2015-12-31 | $11.90 | $100.51 | x |
| 2016-12-31 | $16.61 | $100.51 | x |
| 2017-12-31 | $17.79 | $100.51 | x |
| 2018-12-31 | $6.12 | $100.51 | x |
| 2019-12-31 | $6.41 | $100.51 | x |
| 2020-12-31 | $7.98 | $100.51 | x |
| 2021-12-31 | $10.13 | $100.51 | x |
| 2022-12-31 | $9.05 | $100.51 | x |
| 2023-12-31 | $9.67 | $100.51 | x |
| 2024-12-31 | $17.89 | $100.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ares Management LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.94%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 7.02x
- Recent ROE (13.09%) is below the historical average (14.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 27.46% | 3.64% | 0.11x | 66.94x | $61.89 Million |
| 2012 | 44.69% | 66.05% | 0.01x | 49.62x | $171.28 Million |
| 2013 | 2.81% | 37.71% | 0.02x | 3.69x | $-462.08 Million |
| 2014 | 0.00% | 5.79% | 0.03x | 0.00x | $-569.76 Billion |
| 2015 | 2.00% | 2.38% | 0.19x | 4.46x | $-77.46 Million |
| 2016 | 8.12% | 8.91% | 0.22x | 4.23x | $-25.92 Million |
| 2017 | 5.22% | 5.15% | 0.17x | 5.86x | $-69.85 Million |
| 2018 | 9.70% | 5.95% | 0.09x | 17.27x | $-1.77 Million |
| 2019 | 19.38% | 8.43% | 0.15x | 15.64x | $72.06 Million |
| 2020 | 12.75% | 8.62% | 0.12x | 12.71x | $32.77 Million |
| 2021 | 22.40% | 9.71% | 0.19x | 11.84x | $226.31 Million |
| 2022 | 10.54% | 5.48% | 0.14x | 13.84x | $8.62 Million |
| 2023 | 25.05% | 13.06% | 0.15x | 13.06x | $284.99 Million |
| 2024 | 13.09% | 11.94% | 0.16x | 7.02x | $109.38 Million |
Industry Comparison
This section compares Ares Management LP's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $505,123,774
- Average return on equity (ROE) among peers: -2.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ares Management LP (ARES) | $8.61 Billion | 27.46% | 2.14x | $21.56 Billion |
| Aberdeen International Inc (AABVF) | $214.75K | -122.83% | 0.39x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $87.10 Million | 97.59% | 7.07x | $1.38 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.60 Billion | 15.33% | 0.00x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $1.11 Billion | 1.70% | 0.06x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $317.00 Million | -43.61% | 0.05x | $72.80K |
| AGF Management Limited (AGFMF) | $1.02 Billion | 17.11% | 0.33x | $298.43 Million |
| Agronomics Limited (AGNMF) | $157.27 Million | -6.99% | 0.00x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $-40.08K | 0.00% | 0.00x | $2.71 Million |