ARES Q1 2018 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$34B

Q1 2018 Earnings

Financial Services Asset Management

Income Statement

Revenue

$266M+8.9% YoY

Gross Profit

$131M49.4% margin

Operating Income

$60M22.5% margin

Net Income

$41M15.4% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

-29.1%

Cash Flow

Operating Cash Flow

$81M

Free Cash Flow

$78M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$8.6B

Total Liabilities

$7.0B

Stockholders' Equity

$672M

Cash & Equivalents

$648M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$266M	$244M	+8.9%
Gross Profit	$131M	$120M	+9.6%
Operating Income	$60M	-$250M	+123.9%
Net Income	$41M	-$41M	+199.5%

Revenue Segments

Credit Group

$159M61%

Private Equity Group

$76M29%

Real Estate Group

$27M10%