ARES Q2 2017 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$34B

Q2 2017 Earnings

Financial Services Asset Management

Income Statement

Revenue

$572M+54.8% YoY

Gross Profit

$441M77.1% margin

Operating Income

$86M15.0% margin

Net Income

$50M8.7% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+134.3%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$23M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$5.0B

Stockholders' Equity

$1.2B

Cash & Equivalents

$562M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$572M	$370M	+54.8%
Gross Profit	$441M	$257M	+71.7%
Operating Income	$86M	$66M	+30.6%
Net Income	$50M	$38M	+32.7%

Revenue Segments

Private Equity Group

$350M66%

Credit Group

$131M25%

Real Estate Group

$48M9%