ARES FY 2022 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$36B

FY 2022 Earnings

Financial Services Asset Management

Income Statement

Revenue

$3.1B-27.5% YoY

Gross Profit

$1.6B51.0% margin

Operating Income

$306M10.0% margin

Net Income

$168M5.5% margin

EPS (Diluted)

$0.87

Cash Flow

Operating Cash Flow

-$734M

Free Cash Flow

-$770M

Stock-Based Comp.

$200M

Balance Sheet

Total Assets

$22.0B

Total Liabilities

$18.2B

Stockholders' Equity

$1.6B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$4.2B	-27.5%
Gross Profit	$1.6B	$3.0B	-48.9%
Operating Income	$306M	$802M	-61.8%
Net Income	$168M	$409M	-59.0%