ARES Q4 2017 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$34B

Q4 2017 Earnings

Financial Services Asset Management

Income Statement

Revenue

$375M+4.7% YoY

Gross Profit

$227M60.5% margin

Operating Income

$45M12.1% margin

Net Income

$40M10.6% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

+30.1%

Cash Flow

Operating Cash Flow

-$671M

Free Cash Flow

-$676M

Stock-Based Comp.

$70M

Balance Sheet

Total Assets

$8.6B

Total Liabilities

$7.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

$675M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$375M	$358M	+4.7%
Gross Profit	$227M	$246M	-7.6%
Operating Income	$45M	$59M	-22.7%
Net Income	$40M	$34M	+16.4%

Revenue Segments

Credit Group

$1.0B69%

Private Equity Group

$349M24%

Real Estate Group

$107M7%