ARES Q4 2018 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$34B

Q4 2018 Earnings

Financial Services Asset Management

Income Statement

Revenue

$247M-34.0% YoY

Gross Profit

$96M38.9% margin

Operating Income

$32M12.8% margin

Net Income

$12M4.8% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$306M

Free Cash Flow

$302M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$10.2B

Total Liabilities

$8.8B

Stockholders' Equity

$588M

Cash & Equivalents

$495M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$247M	$375M	-34.0%
Gross Profit	$96M	$227M	-57.6%
Operating Income	$32M	$45M	-30.4%
Net Income	$12M	$40M	-69.9%

Revenue Segments

Administrative Service

$14M67%

Service, Other

$7M33%