What is Ares Management Corporation's interest income?

Ares Management Corporation (ARES) reported interest income of $4.75M in Q3 2023.

How has Ares Management Corporation's interest income changed year-over-year?

Ares Management Corporation's interest income increased by 127.8% year-over-year, from $2.09M to $4.75M.

What does interest income mean?

Income earned from interest-bearing assets including cash deposits, money market funds, treasury securities, corporate bonds, and customer financing receivables.

Ares Management Corporation ARES Interest Income

Interest Income at other companies

KKR & Co.KKR

$779.42M-3.7%

GCM Grosvenor Inc.GCMG

$1.25M+85.2%

Associated Banc-CorpASB

$426.99M-1.5%

Amerant BancorpAMTB

$102.67M-15.2%

Segments

By segment

See full

Credit Group$572K—

Real Assets Group$184K—

Secondaries Group$19K—

Private Equity Group$1K—

Other$0—

Other financials

Income statement

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Revenue$1.4B+28.3%

Net income$142.6M+202%

Balance sheet

See full

Cash & equivalents$568.8M-8.0%

Total debt$730.1M+6.4%

Total equity$4.0B-9.6%

Total assets$28.4B+4.5%

Cash flow

See full

Operating cash flow$406.5M-79.6%

Valuation

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Market cap$24.61B-33.7%

Enterprise value$24.77B-33.5%

P/E39.5×-37.8×

P/S4.2×-3.5×

Profitability

See full

Net margin10.5%+0.3pp

FCF margin-161.4%—

Returns & leverage

See full

Return on equity14.7%+0.6pp

Debt / equity0.2×0.0×

Where this comes from

Reported directly by Ares Management Corporation in its filing.

Tagged under the XBRL concept us-gaap:InvestmentIncomeInterestAndDividend.

The official record: Ares Management Corporation’s 10-Q, filed November 6, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ares Management Corporation's interest income?: Ares Management Corporation (ARES) reported interest income of $4.75M in Q3 2023.
How has Ares Management Corporation's interest income changed year-over-year?: Ares Management Corporation's interest income increased by 127.8% year-over-year, from $2.09M to $4.75M.
What does interest income mean?: Income earned from interest-bearing assets including cash deposits, money market funds, treasury securities, corporate bonds, and customer financing receivables.