ARES Q3 2017 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$34B

Q3 2017 Earnings

Financial Services Asset Management

Income Statement

Revenue

$288M-14.0% YoY

Gross Profit

$159M55.2% margin

Operating Income

$30M10.2% margin

Net Income

$28M9.7% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

-49.6%

Cash Flow

Operating Cash Flow

-$888M

Free Cash Flow

-$895M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$6.6B

Stockholders' Equity

$1.4B

Cash & Equivalents

$986M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$288M	$335M	-14.0%
Gross Profit	$159M	$224M	-28.8%
Operating Income	$30M	$52M	-43.3%
Net Income	$28M	$43M	-35.7%

Revenue Segments

Credit Group

$162M57%

Private Equity Group

$82M29%

Real Estate Group

$40M14%