Ares Management Corporation

ARES · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$3,885$3,632$3,055$4,212
% Growth7%18.9%-27.5%
Cost of Goods Sold$1,732$1,487$1,499$1,163
Gross Profit$2,153$2,145$1,557$3,049
% Margin55.4%59.1%51%72.4%
R&D Expenses$0$0$0$0
G&A Expenses$1,186$1,268$1,214$2,185
SG&A Expenses$1,186$1,268$1,214$2,185
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$21$43$36$62
Operating Expenses$1,207$1,311$1,250$2,247
Operating Income$946$834$306$802
% Margin24.4%23%10%19%
Other Income/Exp. Net$329$499$204$264
Pre-Tax Income$1,275$1,333$511$1,066
Tax Expense$165$173$72$147
Net Income$464$474$168$409
% Margin11.9%13.1%5.5%9.7%
EPS2.072.460.872.25
% Growth-15.9%182.8%-61.3%
EPS Diluted2.072.420.872.15
Weighted Avg Shares Out198185176164
Weighted Avg Shares Out Dil198196176180
Supplemental Information
Interest Income$976$1,015$596$448
Interest Expense$978$861$483$295
Depreciation & Amortization$159$232$341$113
EBITDA$2,412$2,426$1,335$1,474
% Margin62.1%66.8%43.7%35%
Ares Management Corporation (ARES) Financial Statements & Key Stats | AlphaPilot