ARES Dividend: Ares Management Corp Yield Insights

Breakdown	TTM	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenue	5,355	3,884	3,631	3,055	4,212	1,764
Revenue Growth (YoY)	46%	7%	19%	-27%	139%	0%
Cost of Revenue	--	--	--	--	--	--
Gross Profit	--	--	--	--	--	--
Selling, General & Admin	4,095	2,722	2,510	2,164	3,166	1,405
Research & Development	--	--	--	--	--	--
Operating Expenses	4,308	2,891	2,711	2,361	3,343	1,450
Other Non Operating Income (Expenses)	-44	0	4	13	14	11
Pretax Income	1,480	1,275	1,333	510	1,065	379
Income Tax Expense	240	164	172	71	147	54
Net Income	511	410	453	153	368	119
Net Income Growth	18%	-9%	196%	-57.99%	209%	0%
Shares Outstanding (Diluted)	219.88	198.05	195.77	175.51	180.11	149.5
Shares Change (YoY)	10%	1%	12%	-3%	20%	25%
EPS (Diluted)	2.32	2.07	2.31	0.87	2.05	0.8
EPS Growth	8%	-10%	166%	-57.99%	156%	-20%
Free Cash Flow	4,492	2,699	-300	-769	-2,623	-441
Free Cash Flow Per Share	20.42	13.62	-1.53	-4.38	-14.56	-2.94
Gross Margin	--	--	--	--	--	--
Operating Margin	19.55%	25.56%	25.33%	22.71%	20.6%	17.74%
Profit Margin	9.54%	10.55%	12.47%	5%	8.73%	6.74%
Free Cash Flow Margin	83.88%	69.49%	-8.26%	-25.17%	-62.27%	-25%
EBITDA	1,218	1,141	1,077	854	981	337
EBITDA Margin	22.74%	29.37%	29.66%	27.95%	23.29%	19.1%
D&A For EBITDA	171	148	157	160	113	24
EBIT	1,047	993	920	694	868	313
EBIT Margin	19.55%	25.56%	25.33%	22.71%	20.6%	17.74%
Effective Tax Rate	16.21%	12.86%	12.9%	13.92%	13.8%	14.24%

Ares Management Corp (ARES) Price