ARES FY 2016 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$34B

FY 2016 Earnings

Financial Services Asset Management

Income Statement

Revenue

$1.3B+54.0% YoY

Gross Profit

$807M64.3% margin

Operating Income

$183M14.6% margin

Net Income

$112M8.9% margin

EPS (Diluted)

$1.20

Cash Flow

Operating Cash Flow

-$626M

Free Cash Flow

-$638M

Stock-Based Comp.

$39M

Balance Sheet

Total Assets

$5.8B

Total Liabilities

$4.5B

Stockholders' Equity

$592M

Cash & Equivalents

$798M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$814M	+54.0%
Gross Profit	$807M	$400M	+101.7%
Operating Income	$183M	$45M	+302.6%
Net Income	$112M	$19M	+477.0%