Ares Management LP Cash Flow
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
-233M
1,160M
232M
256M
-706M
-426M
-111M
67M
292M
1,031M
88.7 %
3,143M
0M
-446M
348M
-42M
390M
-300M
-734M
439M
341M
200M
-1,520M
-195M
-337M
36M
1,128M
836M
190.8 %
-180M
774M
3,192M
390M
46M
344M
-770M
-2,596M
918M
113M
237M
-3,231M
-468M
-1,085M
27M
3,504M
604M
65.88 %
-310M
2,833M
4,139M
344M
-196M
540M
-2,623M
-426M
324M
41M
123M
5,552M
61M
-137M
16M
944M
468M
144.24 %
2,295M
329M
-216M
540M
401M
138M
-442M
-2,083M
373M
39M
98M
3,075M
-383M
-17M
17M
2,122M
345M
92.6 %
-10M
-165M
3,807M
138M
28M
110M
-2,100M
-1,417M
152M
29M
90M
-2,002M
331M
-18M
18M
1,405M
334M
220.25 %
3,627M
69M
-104M
110M
-9M
119M
-1,436M
-1,863M
173M
33M
70M
-2,044M
-86M
-33M
33M
1,655M
283M
163.51 %
1M
1,820M
3,623M
119M
-224M
343M
-1,896M
-626M
287M
37M
39M
-768M
-192M
-12M
12M
881M
213M
74.28 %
299M
821M
2,067M
343M
221M
121M
-638M
-528M
62M
55M
32M
-696M
17M
0M
11M
582M
218M
348.05 %
0M
796M
1,303M
121M
-27M
149M
-539M
1,533M
546M
36M
83M
1,688M
321M
0M
17M
-1,364M
330M
60.38 %
4,252M
-231M
-1,012M
149M
59M
90M
1,516M
2,175M
813M
50M
29M
-15,089M
277M
0M
12M
-2,114M
420M
51.67 %
0M
0M
3,632M
90M
21M
68M
2,163M
2,748M
1,236M
14M
52M
-10,776M
330M
0M
13M
-2,708M
231M
18.67 %
0M
0M
1,210M
68M
34M
34M
2,735M
2,489M
923M
20M
21M
-9,069M
-535M
0M
32M
-2,486M
259M
28.01 %
0M
0M
-247M
34M
-54M
88M
2,457M
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
-560M
424M
39M
0M
-369M
-653M
-67M
23M
634M
271M
63.98 %
-6M
0M
1,591M
348M
36M
312M
-583M
318M
197M
106M
62M
98M
24M
-23M
23M
-244M
250M
126.42 %
-27M
-29M
288M
312M
35M
277M
295M
-699M
332M
43M
62M
-1,185M
154M
-12M
12M
724M
259M
77.78 %
24M
-70M
1,380M
277M
5M
272M
-711M
708M
207M
43M
69M
451M
50M
-9M
9M
-821M
252M
121.55 %
-104M
95M
-438M
272M
-118M
390M
699M
-191M
293M
341M
200M
-713M
-313M
-7M
7M
201M
228M
77.92 %
0M
255M
638M
390M
28M
362M
-198M
25M
-49M
219M
48M
-13M
86M
-10M
10M
112M
202M
-410.71 %
-5M
50M
577M
362M
109M
253M
15M
-792M
54M
-38M
0M
-750M
-96M
-10M
10M
722M
194M
358.06 %
-1M
25M
1,100M
253M
-93M
346M
-802M
224M
141M
38M
0M
-44M
128M
-310M
9M
93M
212M
150.62 %
-13M
444M
1,267M
346M
2M
344M
216M
-752M
266M
113M
237M
-1,614M
411M
-12M
12M
811M
155M
58.16 %
5M
851M
1,121M
344M
48M
296M
-764M
-775M
217M
37M
0M
171M
-1,163M
-286M
7M
798M
150M
69.83 %
-107M
150M
964M
296M
-287M
583M
-782M
-328M
271M
21M
0M
-624M
25M
-783M
5M
1,078M
152M
56 %
790M
738M
-40M
583M
-27M
610M
-333M
-741M
164M
14M
0M
-1,164M
258M
-3M
3M
817M
147M
90 %
-85M
168M
994M
610M
70M
540M
-744M
-438M
242M
41M
123M
6,134M
-451M
-10M
7M
116M
117M
48.34 %
-2M
310M
319M
540M
-329M
869M
-445M
163M
141M
14M
0M
-214M
236M
-83M
1M
-135M
116M
82.02 %
0M
-7M
-2M
869M
-21M
890M
163M
212M
217M
6M
0M
-40M
36M
-5M
5M
-483M
123M
57.14 %
601M
-401M
-147M
890M
-278M
1,168M
207M
-363M
-276M
6M
0M
-328M
241M
-39M
3M
1,446M
112M
-40.77 %
1,264M
730M
44M
1,168M
1,029M
138M
-366M
-403M
84M
39M
98M
4,842M
-182M
-5M
5M
372M
91M
107.69 %
-10M
70M
-24M
138M
-14M
152M
-408M
-389M
92M
5M
0M
-455M
-26M
-6M
6M
306M
91M
100 %
583M
-320M
14M
152M
-95M
247M
-395M
-941M
75M
5M
0M
-906M
-110M
-3M
3M
1,092M
82M
110.94 %
58M
1,070M
1,732M
247M
127M
120M
-944M
-350M
122M
6M
0M
-406M
-66M
-3M
3M
353M
81M
66.36 %
-21M
85M
555M
120M
10M
110M
-353M
306M
16M
29M
90M
-88M
277M
0M
4M
-328M
71M
437.5 %
142M
130M
-112M
110M
-12M
122M
302M
-436M
47M
5M
0M
-505M
22M
0M
7M
440M
71M
150 %
0M
-20M
1,003M
122M
-3M
125M
-443M
-1,368M
14M
8M
0M
-1,541M
159M
0M
4M
1,379M
95M
692.86 %
2,291M
-41M
20M
125M
10M
116M
-1,372M
81M
74M
7M
0M
132M
-126M
0M
3M
-86M
97M
128.57 %
285M
-94M
0M
116M
-3M
119M
78M
-671M
132M
33M
70M
-835M
-62M
0M
5M
603M
98M
74.34 %
14M
1,820M
19M
119M
-68M
186M
-676M
-888M
84M
0M
0M
-1,055M
83M
0M
7M
944M
72M
86.27 %
0M
920M
96M
186M
49M
137M
-895M
-12M
114M
0M
0M
-54M
-72M
0M
11M
47M
39M
34.07 %
-10M
110M
-14M
137M
33M
104M
-23M
-292M
-156M
0M
0M
-100M
-35M
0M
10M
61M
74M
-47.15 %
-4M
121M
16M
104M
-239M
343M
-302M
-366M
95M
9M
12M
-230M
-223M
0M
4M
391M
56M
57.89 %
0M
821M
1,060M
343M
6M
337M
-370M
-328M
118M
9M
8M
-933M
117M
0M
3M
404M
75M
63.31 %
0M
472M
536M
337M
72M
265M
-331M
94M
87M
10M
10M
-405M
-44M
0M
2M
69M
38M
44.34 %
0M
-193M
320M
265M
155M
110M
92M
-25M
-14M
10M
9M
12M
-42M
0M
3M
17M
44M
-323.53 %
0M
38M
152M
110M
-12M
121M
-28M
-6M
6M
11M
8M
-14M
-19M
0M
2M
-255M
34M
537.5 %
0M
796M
108M
121M
-266M
388M
-8M
-1,831M
-590M
12M
8M
1,414M
500M
0M
2M
2,104M
64M
-10.81 %
0M
316M
3,864M
388M
286M
102M
-1,833M
1,325M
245M
19M
8M
-1,089M
-193M
0M
4M
-1,301M
62M
25 %
0M
0M
314M
102M
32M
69M
1,321M
-16M
401M
13M
8M
-166M
-271M
0M
3M
33M
58M
14.49 %
0M
0M
410M
69M
-79M
149M
-19M
-5M
157M
8M
8M
1,269M
-306M
0M
2M
109M
58M
37.24 %
0M
-231M
597M
149M
74M
75M
-7M
-846M
-79M
8M
8M
-3,291M
414M
0M
3M
844M
45M
-56.25 %
0M
0M
1,740M
75M
-12M
87M
-849M
1,374M
186M
9M
62M
-2,237M
104M
0M
7M
-1,257M
196M
105.22 %
209M
50M
1,338M
87M
51M
37M
1,367M
1,010M
281M
11M
5M
603M
109M
0M
4M
-1,059M
31M
10.8 %
0M
0M
-226M
37M
-53M
90M
1,005M
1,588M
321M
11M
7M
-4,087M
1,373M
0M
1M
-1,732M
156M
48.71 %
0M
0M
77M
90M
-134M
223M
1,587M
-302M
406M
30M
9M
-2,762M
-1,749M
0M
4M
511M
40M
9.71 %
0M
0M
2,203M
223M
170M
53M
-307M
870M
-137M
4M
6M
-3,848M
973M
0M
3M
-907M
112M
-82.01 %
0M
0M
5M
53M
-32M
85M
866M
20M
223M
4M
6M
-4,392M
-320M
0M
4M
15M
112M
50.44 %
0M
0M
1,348M
85M
17M
68M
16M
2,748M
221M
0M
0M
0M
0M
0M
4M
0M
0M
0 %
0M
0M
0M
68M
0M
0M
0M