ARES FY 2017 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$34B

FY 2017 Earnings

Financial Services Asset Management

Income Statement

Revenue

$1.5B+18.0% YoY

Gross Profit

$966M65.3% margin

Operating Income

-$89M-6.0% margin

Net Income

$76M5.1% margin

EPS (Diluted)

$0.62

Cash Flow

Operating Cash Flow

-$1.9B

Free Cash Flow

-$1.9B

Stock-Based Comp.

$70M

Balance Sheet

Total Assets

$8.6B

Total Liabilities

$7.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

$675M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.3B	+18.0%
Gross Profit	$966M	$807M	+19.7%
Operating Income	-$89M	$183M	-148.8%
Net Income	$76M	$112M	-31.9%