ARES FY 2014 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$34B

FY 2014 Earnings

Financial Services Asset Management

Income Statement

Revenue

$604M+26.2% YoY

Gross Profit

$148M24.4% margin

Operating Income

-$256M-42.4% margin

Net Income

$35M5.8% margin

EPS (Diluted)

$0.43

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$1.5B

Stock-Based Comp.

$83M

Balance Sheet

Total Assets

$21.6B

Total Liabilities

$15.9B

Stockholders' Equity

$5.7T

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$604M	$479M	+26.2%
Gross Profit	$148M	$145M	+1.9%
Operating Income	-$256M	-$323M	+20.8%
Net Income	$35M	$180M	-80.6%