ARES FY 2019 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$34B

FY 2019 Earnings

Financial Services Asset Management

Income Statement

Revenue

$1.8B+84.2% YoY

Gross Profit

$1.1B63.0% margin

Operating Income

$303M17.1% margin

Net Income

$149M8.4% margin

EPS (Diluted)

$1.06

Cash Flow

Operating Cash Flow

-$2.1B

Free Cash Flow

-$2.1B

Stock-Based Comp.

$98M

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$10.2B

Stockholders' Equity

$768M

Cash & Equivalents

$745M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$958M	+84.2%
Gross Profit	$1.1B	$388M	+186.6%
Operating Income	$303M	$88M	+243.5%
Net Income	$149M	$57M	+161.1%