ARES MANAGEMENT CORPORATION
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2014 | — | 92.2% | 5.8% |
| FY2015 | — | 12.3% | 2.4% |
| FY2016 | — | 32.7% | 11.6% |
| FY2017 | — | 15.8% | 7.0% |
| FY2018 | — | 15.1% | 4.7% |
| FY2019 | — | 29.7% | 10.4% |
| FY2020 | — | 23.1% | 8.7% |
| FY2021 | — | 48.2% | 17.9% |
| FY2022 | — | 20.2% | 5.8% |
| FY2023 | — | 41.2% | 14.7% |