Discontinued — last reported Q2 '23
Ares Management Corporation Performance related compensation increased by 182.8% to $315.78M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 668.8%, from $41.07M to $315.78M.
Higher performance compensation often correlates with strong financial results, but excessive levels can dilute shareholder value.
Compensation expenses tied directly to the performance of the investment portfolio or the company's financial results. T...
Common in asset management and finance; peers vary based on their specific incentive structures.
operating_expenses_noninterest_expense_related_to_perfor_2a3391| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $656.38M | $331.14M | $531.83M | $129.41M | $41.07M | $142.93M | $202.01M | $111.66M | $315.78M |
| QoQ Change | — | -49.6% | +60.6% | -75.7% | -68.3% | +248.0% | +41.3% | -44.7% | +182.8% |
| YoY Change | — | — | — | — | -93.7% | -56.8% | -62.0% | -13.7% | +668.8% |