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Interest coverage at other companies

Blackstone logo
BlackstoneBX
14.6×+0.3×
KKR & Co. logo
KKR & Co.KKR
3.6×+0.6×
The Carlyle Group logo
The Carlyle GroupCG
-6.2×
Brookfield Asset Management logo
Brookfield Asset ManagementBAM
26.1×-103×
New York Mortgage Trust logo
New York Mortgage TrustADAM
0.4×+0.3×
Aon plc logo
Aon plcAON
5.8×+1.3×

Other financials

Income statement

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Revenue$1.4B+28.2%
Net income$142.6M+202%

Balance sheet

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Cash & equivalents$568.8M-8.0%
Total debt$730.1M+6.4%
Total equity$4.0B-9.6%
Total assets$28.4B+4.5%

Cash flow

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Operating cash flow$406.5M-79.6%

Valuation

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Market cap$28.95B-19.6%
Enterprise value$29.11B-19.2%
P/E46.5×-35.7×
P/S4.9×-3.5×

Profitability

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Net margin10.5%+0.3pp

Returns & leverage

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Return on equity14.7%+0.6pp
Debt / equity0.2×0.0×

Where this comes from

Calculated from Ares Management Corporation’s reported figures.

Based on trailing twelve months.

The official record: Ares Management Corporation’s 10-Q, filed November 8, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ares Management Corporation's interest coverage?
Ares Management Corporation (ARES) reported interest coverage of 13.3× in Q3 2023.
How has Ares Management Corporation's interest coverage changed year-over-year?
Ares Management Corporation's interest coverage increased by 54.8% year-over-year, from 8.6× to 13.3×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.