Financial Services - Asset Management - NYSE - US
$ 167.21
-1.07 %
$ 33.2 B
Market Cap
76.0
P/E
INCOME STATEMENT
3.63 B
REVENUE
886 M
OPERATING INCOME
1.16 B
NET INCOME
EFFICIENCY
Earnings Waterfall
Ares Management Corporation
| Revenue | 3.63 B |
| Cost Of Revenue | 1.49 B |
| Gross Profit | 2.15 B |
| Operating Expenses | 3.5 B |
| Operating Income | 886 M |
| Other Expenses | -274 M |
| Net Income | 1.16 B |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||
| Revenue | 3 631.9 | 3 055.4 | 4 212.1 | 1 764.0 | 1 765.4 | 958.5 | 1 479.9 | 1 254.4 | 814.4 | 603.9 | 478.7 | 334.0 | 207.0 |
| GROSS PROFIT | |||||||||||||
| Cost Of Revenue | 1 486.7 | 1 811.2 | 2 836.5 | 1 171.4 | 1 150.5 | 600.6 | 993.8 | 835.6 | 526.1 | 570.2 | 528.2 | 556.4 | 321.2 |
| Gross Profit | 2 145.2 | 1 244.3 | 1 375.6 | 592.7 | 614.9 | 357.8 | 486.1 | 418.8 | 288.3 | 33.7 | (49.5) | (222.4) | (114.3) |
| OPERATING INCOME | |||||||||||||
| Operating Expenses | 3 500.3 | 846.7 | 462.8 | 373.7 | 295.4 | 274.0 | 383.1 | 154.9 | 240.5 | 253.1 | 224.1 | 527.3 | 146.7 |
| Selling, General and Administrative Expenses | 1 267.7 | 550.1 | 506.7 | 279.1 | 292.3 | 269.7 | 235.8 | 180.8 | 201.1 | 233.6 | 250.9 | 202.1 | 68.6 |
| Research and Development Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 885.8 | 694.2 | 868.9 | 313.6 | 322.6 | 88.1 | 250.4 | 238.0 | 87.2 | (199.9) | (300.4) | (424.5) | (260.9) |
| PRE-TAX INCOME | |||||||||||||
| Interest Income Expense | 860.9 | 482.7 | 294.8 | 311.2 | 297.4 | 244.3 | 147.9 | 109.4 | 97.8 | 675.0 | 543.9 | 458.1 | 333.9 |
| Total Other Income | 447.3 | (183.4) | 267.8 | 83.1 | 241.0 | 109.7 | 113.9 | 297.5 | (5.7) | 756.9 | 1 173.1 | 1 686.3 | (1 256.5) |
| Pre-Tax Income | 1 333.1 | 510.8 | 1 065.7 | 379.5 | 425.2 | 184.3 | 149.9 | 297.9 | 81.5 | 556.9 | 872.6 | 1 261.8 | 952.9 |
| NET INCOME | |||||||||||||
| Tax Provision | 173.0 | 71.9 | 147.4 | 55.0 | 52.4 | 32.2 | 23.1 | 11.0 | 19.1 | 11.3 | 59.3 | 26.2 | 29.6 |
| Net Income | 474.3 | 153.4 | 368.6 | 120.0 | 119.5 | 28.4 | 50.9 | 98.4 | 18.7 | 34.6 | 180.5 | 220.6 | 97.3 |
| EPS | 2.57 | 0.87 | 2.25 | 0.89 | 1.11 | 0.3 | 0.62 | 1.22 | 0.23 | 0.43 | 2.39 | 0 | 1.29 |