Ares Management
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Ares Management's past years’ income statements indicate that its last revenue has increased compared to the previous period by 19% to $3,631,884,000. The net income raised on $474,326,000 and profit margin reached 13%. Total operating expenses were $660,146,000.
Profit Margin
| 2014 | 603.88M | 34.57M | 5.72% |
|---|---|---|---|
| 2015 | 814.44M | 18.71M | 2.3% |
| 2016 | 1.19B | 111.80M | 9.32% |
| 2017 | 1.47B | 50.89M | 3.44% |
| 2018 | 958.46M | 57.02M | 5.95% |
| 2019 | 1.76B | 372.80M | 21.12% |
| 2020 | 1.76B | 119.98M | 6.8% |
| 2021 | 4.21B | 918.30M | 21.8% |
| 2022 | 3.05B | 438.91M | 14.37% |
| 2023 | 3.63B | 474.32M | 13.06% |
ARES Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.63B | 3.05B | 4.21B | 1.76B | 1.76B | 958.46M | 1.47B | 1.19B | 814.44M | 603.88M |
Cost of revenue | 1.48B | 2.01B | 2.90B | 1.17B | 1.15B | 600.63M | 993.83M | 835.57M | 526.13M | 570.2M |
Gross profit | 2.14B | 1.03B | 1.30B | 592.67M | 614.90M | 357.82M | 486.11M | 363.63M | 288.30M | 33.68M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 660.14M | 731.66M | 506.66M | 373.69M | 312.26M | 269.72M | 383.07M | 180.84M | 240.47M | 253.13M |
Operating income | 885.79M | 915.40M | 1.26B | 313.56M | 697.90M | 88.09M | 250.36M | 182.78M | 87.20M | -199.95M |
Other income (expenses), net | 447.26M | -404.59M | -198.40M | 83.07M | -272.72M | -4.31M | 113.94M | 61.84M | -5.71M | 756.86M |
Income before tax | 1.33B | 510.80M | 1.06B | 379.47M | 425.18M | 184.34M | 149.85M | 297.92M | 81.48M | 556.91M |
Income tax expense | 172.97M | 71.89M | 147.38M | 54.99M | 52.37M | 32.20M | 23.05M | 11.01M | 19.06M | 11.25M |
Net income | 474.32M | 438.91M | 918.30M | 119.98M | 372.80M | 57.02M | 50.89M | 111.80M | 18.71M | 34.57M |
Earnings per share | ||||||||||
Basic EPS | 2.57 | 2.5 | 5.61 | 0.89 | 3.45 | 0.59 | 0.62 | 1.22 | 0.23 | 0.43 |
Diluted EPS | 2.42 | 2.5 | 5.1 | 0.87 | 3.11 | 0.59 | 0.62 | 1.2 | 0.23 | 0.43 |
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