Ares Management Corporation (ARES)

USD 169.22

(-5.11%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 3.63 Billion 3.05 Billion 4.21 Billion 1.76 Billion 1.76 Billion 958.46 Million
Cost of Revenue 1.48 Billion 1.81 Billion 2.83 Billion 1.17 Billion 1.15 Billion 600.63 Million
Gross Profit 2.14 Billion 1.24 Billion 1.37 Billion 592.67 Million 614.9 Million 357.82 Million
Operating Expenses 3.5 Billion 846.68 Million 462.75 Million 373.69 Million 295.41 Million 274.04 Million
Selling, General and Administrative Expenses 1.26 Billion 550.06 Million 506.66 Million 279.11 Million 292.26 Million 269.72 Million
Research and Development Expenses - - - - - -
Other Expenses - - - - - -
Cost and Expenses 2.71 Billion 2.65 Billion 3.29 Billion 1.54 Billion 1.44 Billion 874.68 Million
Operating Income 1.18 Billion 694.21 Million 868.9 Million 313.56 Million 322.64 Million 88.09 Million
Interest Expense 860.87 Million 482.71 Million 294.8 Million 311.22 Million 297.41 Million 244.34 Million
Income Tax Expense 172.97 Million 71.89 Million 147.38 Million 54.99 Million 52.37 Million 32.2 Million
Earnings before Tax 1.33 Billion 510.8 Million 1.06 Billion 379.47 Million 425.18 Million 184.34 Million
Net Income 474.32 Million 153.44 Million 368.62 Million 119.98 Million 119.51 Million 28.37 Million
Earnings Per Share Basic 2.57 0.87 2.25 0.89 1.11 0.30
Earnings Per Share Diluted 2.42 0.87 2.15 0.87 1.06 0.30
Weighted Average Shares Outstanding 184.52 Million 175.51 Million 171.67 Million 137.52 Million 112.64 Million 96.02 Million
Weighted Average Shares Outstanding (Diluted) 195.77 Million 175.51 Million 180.11 Million 149.5 Million 119.87 Million 96.02 Million
Gross Margin 0.59 0.41 0.33 0.34 0.35 0.37
EBIT Margin 0.32 0.34 0.23 0.20 0.19 0.12
Profit Margin 0.13 0.05 0.09 0.07 0.07 0.03
EBITDA 1.15 Billion 1.03 Billion 982.19 Million 354.8 Million 342.1 Million 116.61 Million
Earnings Before Tax Margin 0.33 0.23 0.21 0.18 0.18 0.09

Income Statement Charts