Discontinued — last reported Q2 '23

Operating Expenses

Performance related compensation

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.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ2 2023Aug 3, 2023

How to read this metric

Higher performance compensation often correlates with strong financial results, but excessive levels can dilute shareholder value.

Detailed definition

Compensation expenses tied directly to the performance of the investment portfolio or the company's financial results. T...

Peer comparison

Common in asset management and finance; peers vary based on their specific incentive structures.

Metric ID: operating_expenses_noninterest_expense_related_to_perfor_2a3391

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '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%
Range$41.07M$656.38M
CAGR-30.6%
Avg YoY Growth+88.5%
Median YoY Growth-56.8%

Frequently Asked Questions

What is Ares Management Corporation's performance related compensation?
Ares Management Corporation (ARES) reported performance related compensation of $315.78M in Q2 2023.
How has Ares Management Corporation's performance related compensation changed year-over-year?
Ares Management Corporation's performance related compensation increased by 668.8% year-over-year, from $41.07M to $315.78M.
What does performance related compensation mean?
Variable pay for employees or managers based on company performance.