ARES FY 2020 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$36B

FY 2020 Earnings

Financial Services Asset Management

Income Statement

Revenue

$1.8B-0.1% YoY

Gross Profit

$997M56.5% margin

Operating Income

$314M17.8% margin

Net Income

$152M8.6% margin

EPS (Diluted)

$0.87

Cash Flow

Operating Cash Flow

-$426M

Free Cash Flow

-$442M

Stock-Based Comp.

$123M

Balance Sheet

Total Assets

$15.2B

Total Liabilities

$12.7B

Stockholders' Equity

$1.2B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.8B	-0.1%
Gross Profit	$997M	$1.1B	-10.4%
Operating Income	$314M	$303M	+3.6%
Net Income	$152M	$149M	+2.2%