ARES
Income statement / Annual
Last year (2023), Ares Management Corporation's total revenue was $3.63 B,
an increase of 18.87% from the previous year.
In 2023, Ares Management Corporation's net income was $474.33 M.
See Ares Management Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$3.63 B
|
$3.06 B
|
$4.21 B
|
$1.76 B
|
$1.77 B
|
$958.46 M
|
$1.48 B
|
$1.25 B
|
$814.44 M
|
$603.89 M
|
| Cost of Revenue |
$1.49 B |
$1.81 B |
$2.84 B |
$1.17 B |
$1.15 B |
$600.63 M |
$993.83 M |
$835.57 M |
$526.14 M |
$570.20 M |
| Gross Profit |
$2.15 B |
$1.24 B |
$1.38 B |
$592.68 M |
$614.91 M |
$357.83 M |
$486.11 M |
$418.80 M |
$288.31 M |
$33.69 M |
| Gross Profit Ratio |
0.59 |
0.41 |
0.33 |
0.34 |
0.35 |
0.37 |
0.33 |
0.33 |
0.35 |
0.06 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$575.41 M
|
$507.32 M
|
$468.53 M
|
$247.41 M
|
$263.45 M
|
$239.23 M
|
$209.63 M
|
$154.45 M
|
$182.60 M
|
$215.74 M
|
| Selling & Marketing
Expenses |
$49.53 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$1.27 B
|
$550.07 M
|
$506.66 M
|
$279.12 M
|
$292.26 M
|
$269.73 M
|
$235.75 M
|
$180.85 M
|
$201.10 M
|
$233.64 M
|
| Other Expenses |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$3.50 B |
$846.68 M |
$462.75 M |
$373.70 M |
$295.41 M |
$274.05 M |
$383.07 M |
$154.89 M |
$240.47 M |
$253.14 M |
| Cost And Expenses |
$2.71 B |
$2.66 B |
$3.30 B |
$1.55 B |
$1.45 B |
$874.68 M |
$1.38 B |
$990.46 M |
$766.61 M |
$823.34 M |
| Interest Income |
$0.00 |
$113.21 M |
$152.88 M |
$160.50 M |
$105.69 M |
$100.56 M |
$46.82 M |
$34.00 M |
$33.65 M |
$270.09 M |
| Interest Expense |
$860.88 M |
$482.72 M |
$294.81 M |
$311.22 M |
$297.42 M |
$244.34 M |
$147.95 M |
$109.43 M |
$97.77 M |
$674.99 M |
| Depreciation &
Amortization |
$231.71 M
|
$341.34 M
|
$113.29 M
|
$41.25 M
|
$19.46 M
|
$28.52 M
|
$32.81 M
|
$37.46 M
|
$49.38 M
|
$36.13 M
|
| EBITDA |
$1.15 B
|
$1.04 B
|
$982.19 M
|
$354.81 M
|
$342.10 M
|
$116.62 M
|
$283.17 M
|
$275.41 M
|
$136.58 M
|
-$163.82 M
|
| EBITDA Ratio |
0.32 |
0.34 |
0.23 |
0.2 |
0.19 |
0.12 |
0.19 |
0.22 |
0.17 |
-0.27 |
| Operating Income Ratio
|
0.33
|
0.23
|
0.21
|
0.18
|
0.18
|
0.09
|
0.17
|
0.19
|
0.11
|
-0.33
|
| Total Other
Income/Expenses Net |
$146.76 M
|
-$183.40 M
|
$267.75 M
|
$83.08 M
|
$240.96 M
|
$109.73 M
|
$113.94 M
|
$297.46 M
|
-$5.72 M
|
$756.87 M
|
| Income Before Tax |
$1.33 B |
$510.81 M |
$1.07 B |
$379.48 M |
$425.18 M |
$184.34 M |
$149.86 M |
$297.92 M |
$81.48 M |
$556.92 M |
| Income Before Tax Ratio
|
0.37
|
0.17
|
0.25
|
0.22
|
0.24
|
0.19
|
0.1
|
0.24
|
0.1
|
0.92
|
| Income Tax Expense |
$172.97 M |
$71.89 M |
$147.39 M |
$54.99 M |
$52.38 M |
$32.20 M |
$23.05 M |
$11.02 M |
$19.06 M |
$11.25 M |
| Net Income |
$474.33 M |
$153.45 M |
$368.62 M |
$119.99 M |
$119.51 M |
$28.37 M |
$50.89 M |
$98.37 M |
$18.72 M |
$34.57 M |
| Net Income Ratio |
0.13 |
0.05 |
0.09 |
0.07 |
0.07 |
0.03 |
0.03 |
0.08 |
0.02 |
0.06 |
| EPS |
2.57 |
0.87 |
2.25 |
0.89 |
1.11 |
0.3 |
0.62 |
1.22 |
0.23 |
0.43 |
| EPS Diluted |
2.42 |
0.87 |
2.15 |
0.87 |
1.06 |
0.3 |
0.62 |
1.2 |
0.23 |
0.43 |
| Weighted Average Shares
Out |
$184.52 M
|
$175.51 M
|
$171.67 M
|
$137.53 M
|
$112.65 M
|
$96.02 M
|
$82.08 M
|
$81.89 M
|
$81.38 M
|
$80.40 M
|
| Weighted Average Shares
Out Diluted |
$195.77 M
|
$175.51 M
|
$180.11 M
|
$149.51 M
|
$119.88 M
|
$96.02 M
|
$81.84 M
|
$82.94 M
|
$80.67 M
|
$80.36 M
|
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