Ares Management Corporation (ARES)
NYSE: ARES · Real-Time Price · USD
146.05
+0.95 (0.66%)
Mar 31, 2025, 2:10 PM EDT - Market open

Ares Management Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2019 - 2015
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2019 - 2015
Net Income
463.74474.33167.54408.84152.14
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Depreciation & Amortization
158.58231.71341.34113.2941.25
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Loss (Gain) From Sale of Investments
-335.43-353.44-62.46-166.2888.83
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Stock-Based Compensation
352.85255.97200.39237.19122.99
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Other Operating Activities
2,354-415.63-1,186-2,721-891.53
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Change in Accounts Receivable
-188.17-48.86-20.61-745.02-17.69
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Change in Accounts Payable
148.3827.86-51.69125.1721.04
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Change in Other Net Operating Assets
-163.2-405.2-122.34152.0257.33
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Operating Cash Flow
2,791-233.26-734.11-2,596-425.66
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Capital Expenditures
-91.51-67.18-35.8-27.23-15.94
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Cash Acquisitions
-67.9-43.9-301.58-1,057-120.82
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Investing Cash Flow
-159.4-111.08-337.38-1,085-136.76
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Long-Term Debt Issued
2,3053,2963,0103,3822,202
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Long-Term Debt Repaid
-4,583-1,614-1,240-548.75-1,050
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Net Debt Issued (Repaid)
-2,2781,6821,7692,8331,152
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Issuance of Common Stock
408.6485.9621.21864.65476.03
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Repurchase of Common Stock
-227.53-1,203-201.31-226.1-95.37
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Preferred Dividends Paid
----10.85-21.7
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Common Dividends Paid
-783.17-599.93-447.63-324.31-231.45
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Dividends Paid
-783.17-599.93-447.63-335.16-253.15
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Other Financing Activities
-10.31326.54-13.57677.06-335.94
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Financing Cash Flow
-1,432292.131,1283,504943.9
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Foreign Exchange Rate Adjustments
-40.4510.5-10.24-19.119.96
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Net Cash Flow
1,160-41.7146.33-196.16401.43
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Free Cash Flow
2,700-300.44-769.91-2,623-441.6
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Free Cash Flow Margin
69.49%-8.27%-25.20%-62.28%-25.03%
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Free Cash Flow Per Share
13.63-1.53-4.39-14.56-2.95
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Cash Interest Paid
866.76722.64320.33205.09257.13
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Cash Income Tax Paid
107.5762.01104.8622.7938.17
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Levered Free Cash Flow
569.87459.18289.612,63579.36
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Unlevered Free Cash Flow
1,181997.23591.312,820273.88
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Change in Net Working Capital
-140.68-1.7348.51-1,95370.39
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Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q