ARES FY 2018 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$34B

FY 2018 Earnings

Financial Services Asset Management

Income Statement

Revenue

$958M-35.2% YoY

Gross Profit

$388M40.5% margin

Operating Income

$88M9.2% margin

Net Income

$57M5.9% margin

EPS (Diluted)

$0.30

Cash Flow

Operating Cash Flow

-$1.4B

Free Cash Flow

-$1.4B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10.2B

Total Liabilities

$8.8B

Stockholders' Equity

$588M

Cash & Equivalents

$495M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$958M	$1.5B	-35.2%
Gross Profit	$388M	$966M	-59.8%
Operating Income	$88M	-$89M	+198.7%
Net Income	$57M	$76M	-25.1%