Question 1

What is Ares Management's P/S ratio?

Accepted Answer

Ares Management (ARES) P/S ratio is 4.5× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Ares Management?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Ares Management specifically, the relevant sector benchmark is the current sector median of 2.2×.

Question 5

Is Ares Management's P/S ratio high or low?

Accepted Answer

Ares Management's P/S ratio of 4.5× is below its own 5-year average of 8.3× and above the sector median of 2.2×. That places the current reading at the 34th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Ares Management's historical P/S ratio range?

Accepted Answer

In the available daily series, Ares Management (ARES) P/S ratio has ranged from a low of 1.5× in 2017 to a high of 12.4× in 2024. The 5-year average is 8.3× and the 5-year median is 8.1×.

Question 7

What was Ares Management's P/S ratio in 2025?

Accepted Answer

Ares Management (ARES) P/S ratio at the end of 2025 was 9.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Ares Management's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$53.39B	$5.86B	9.1×	-4.7×	Dec 31, 2025
2024	$53.57B	$3.88B	13.8×	+4.5×	Dec 31, 2024
2023	$33.71B	$3.63B	9.3×	+3.4×	Dec 31, 2023
2022	$17.94B	$3.06B	5.9×	+1.2×	Dec 31, 2022
2021	$19.87B	$4.21B	4.7×	-0.7×	Dec 31, 2021
2020	$9.49B	$1.76B	5.4×	+2.1×	Dec 31, 2020
2019	$5.75B	$1.77B	3.3×	+0.6×	Dec 31, 2019
2018	$2.55B	$958.46M	2.7×	+1.0×	Dec 31, 2018
2017	$2.46B	$1.48B	1.7×	-0.3×	Dec 31, 2017
2016	$2.32B	$1.20B	1.9×	+0.0×	Dec 31, 2016
2015	$1.56B	$814.44M	1.9×	-2.0×	Dec 31, 2015
2014	$2.37B	$603.89M	3.9×	-0.5×	Dec 31, 2014
2013	$2.10B	$478.65M	4.4×	—	Dec 31, 2013


Brookfield (BN)	1.3×
The Hartford (HIG)	1.3×
Chesapeake Financial Shares (CPKF)	1.3×
American Financial Group (AFG)	1.3×
Progressive (PGR)	1.3×
Markel (MKL)	1.3×
PSB Holdings (PSBQ)	1.3×
Principal Financial Group (PFG)	1.3×
Travelers Companies (TRV)	1.3×
PayPal (PYPL)	1.2×
Loews (L)	1.2×
Synchrony Financial (SYF)	1.2×
Citigroup (C)	1.2×
AXIS Capital Holdings (AXS)	1.1×
RenaissanceRe Holdings (RNR)	1.1×
Old Republic International (ORI)	1.0×
Everest Re Group (RE)	0.9×
Assurant (AIZ)	0.8×
Allstate (ALL)	0.8×
Mercury General (MCY)	0.8×
Ally Financial (ALLY)	0.8×
Everest Re Group (EG)	0.8×
MetLife (MET)	0.6×
Prudential Financial (PRU)	0.5×
StoneX Group (SNEX)	0.0×

P/S Ratio for Ares Management (ARES)

P/S Ratio daily chart for Ares Management (ARES)

Historical P/S Ratio for Ares Management (ARES) from 2013 to 2025

About P/S Ratio at Ares Management (ARES)

Ares Management P/S Ratio by Year

Ares Management P/S Ratio 2025: 9.1×

Ares Management P/S Ratio 2024: 13.8×

Ares Management P/S Ratio 2023: 9.3×

Ares Management P/S Ratio 2022: 5.9×

Ares Management P/S Ratio 2021: 4.7×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Ares Management (ARES) Key Financials

P/S Ratio daily chart for Ares Management (ARES)

Historical P/S Ratio for Ares Management (ARES) from 2013 to 2025

About P/S Ratio at Ares Management (ARES)

Ares Management P/S Ratio by Year

Ares Management P/S Ratio 2025: 9.1×

Ares Management P/S Ratio 2024: 13.8×

Ares Management P/S Ratio 2023: 9.3×

Ares Management P/S Ratio 2022: 5.9×

Ares Management P/S Ratio 2021: 4.7×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Ares Management's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for Ares Management?

+Is Ares Management's P/S ratio high or low?

+What is Ares Management's historical P/S ratio range?

+What was Ares Management's P/S ratio in 2025?

+Why does Ares Management's P/S ratio change over time?

Ares Management (ARES) Key Financials