Rankings
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Calendar
ARES FY 2023 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena
ARES
Ares Management Corporation
$36B
FY 2023 Earnings
Financial Services
Asset Management
Income Statement
Revenue
$3.6B
+18.9% YoY
Gross Profit
$2.1B
59.1% margin
Operating Income
$834M
23.0% margin
Net Income
$474M
13.1% margin
EPS (Diluted)
$2.42
Cash Flow
Operating Cash Flow
-$233M
Free Cash Flow
-$300M
Stock-Based Comp.
$256M
Balance Sheet
Total Assets
$24.7B
Total Liabilities
$20.3B
Stockholders' Equity
$1.9B
Cash & Equivalents
$1.5B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$3.6B
$3.1B
+18.9%
Gross Profit
$2.1B
$1.6B
+37.8%
Operating Income
$834M
$306M
+172.2%
Net Income
$474M
$168M
+183.1%
← Q4 2022
All Quarters
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