Discontinued — last reported Q4 '22
Ares Management Corporation Real Estate Group — Net Income remained flat by 0.0% to $132.13M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 60.4%, from $333.76M to $132.13M. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher net income indicates strong profitability and effective management of the segment's investment strategies.
The residual profit of the Real Estate segment after deducting all operating expenses, compensation, and taxes from tota...
Standard 'Segment Net Income' or 'Segment Operating Profit' used by all public asset managers.
ares_segment_real_estate_group_net_income| FY'21 | FY'22 | |
|---|---|---|
| Value | $1.34B | $528.52M |
| YoY Change | — | -60.4% |