Singapore markets open in 8 hours 52 minutes

Ares Management Corporation (ARES)

NYSE - Nasdaq Real-time price. Currency in USD
Add to watchlist
130.93+0.04 (+0.03%)
As of 12:08PM EDT. Market open.
Show:
Annual

Income statement

All numbers in thousands
Breakdown
ttm
31/12/2023
31/12/2022
31/12/2021
31/12/2020
Total revenue
4,986,978
4,986,978
3,729,489
4,756,179
2,129,897
Cost of revenue
1,486,698
1,486,698
1,498,590
1,162,633
767,252
Gross profit
3,500,280
3,500,280
2,230,899
3,593,546
1,362,645
Operating expenses
Selling general and administrative
1,267,668
1,267,668
1,214,085
2,184,964
663,115
Total operating expenses
1,311,160
1,311,160
1,250,495
2,247,450
683,234
Operating income or loss
2,189,120
2,189,120
980,404
1,346,096
679,411
Interest expense
860,876
860,876
482,717
294,808
311,224
Total other income/expenses net
4,819
4,819
13,119
14,402
11,291
Income before tax
1,333,063
1,333,063
510,806
1,065,690
379,478
Income tax expense
172,971
172,971
71,891
147,385
54,993
Income from continuing operations
1,160,092
1,160,092
438,915
918,305
324,485
Net income
474,326
474,326
167,541
408,837
152,142
Net income available to common shareholders
474,326
474,326
167,541
386,748
119,988
Basic EPS
2.18
2.44
0.87
2.24
0.89
Diluted EPS
2.18
2.42
0.87
2.15
0.87
Basic average shares
181,322
184,524
175,511
163,704
135,065
Diluted average shares
181,322
195,773
175,511
180,112
149,508