Oaktree Capital Group, LLC (OAKPA) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
333 SOUTH GRAND AVENUE LOS ANGELES, CA 90071 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6282 - Investment Advice (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 831,727 | 959,465 | |||||||
| Cash and cash equivalents | 831,727 | 959,465 | |||||||
| Total current assets: | 831,727 | 959,465 | |||||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 11,431 | 13,276 | 14,082 | 105,715 | 110,163 | ||||
| Intangible assets, net (including goodwill) | 18,400 | 18,400 | 18,400 | 18,400 | 383,579 | 69,300 | |||
| Goodwill | 18,400 | 18,400 | 18,400 | 18,400 | 69,300 | 69,300 | |||
| Intangible assets, net (excluding goodwill) | 314,279 | ||||||||
| Deferred income tax assets | 3,548 | 4,172 | 3,096 | ✕ | ✕ | ||||
| Total noncurrent assets: | 18,400 | 33,379 | 35,848 | 35,578 | 489,294 | 179,463 | |||
| Other undisclosed assets | 5,636,489 | 14,364,470 | 10,358,267 | 9,229,184 | 9,111,157 | 7,875,868 | |||
| TOTAL ASSETS: | 5,654,889 | 14,397,849 | 10,394,115 | 9,264,762 | 10,432,178 | 9,014,796 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 200 | 4,600 | 7,500 | ||||||
| Liability for uncertainty in income taxes | 200 | 4,600 | 7,500 | ||||||
| Total noncurrent liabilities: | 200 | 4,600 | 7,500 | ||||||
| Other undisclosed liabilities | 1,565,837 | 10,401,953 | 7,798,780 | 6,696,171 | 6,978,239 | 6,126,131 | |||
| Total liabilities: | 1,565,837 | 10,401,953 | 7,798,780 | 6,696,371 | 6,982,839 | 6,133,631 | |||
| Temporary equity, carrying amount | 2,182,414 | 1,723,294 | 715,347 | 866,222 | 961,622 | 860,548 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,545,978 | 1,660,374 | 1,335,053 | 1,198,916 | 1,395,363 | 868,984 | |||
| Additional paid in capital | 908,142 | 1,011,333 | 819,963 | 750,299 | 893,043 | 788,413 | |||
| Accumulated other comprehensive income (loss) | (9,101) | (3,334) | (5,414) | (3,501) | 1,053 | 443 | |||
| Retained earnings | 246,353 | 251,791 | 119,920 | 51,534 | 100,683 | 80,128 | |||
| Other undisclosed equity, attributable to parent | 400,584 | 400,584 | 400,584 | 400,584 | 400,584 | ||||
| Equity, attributable to noncontrolling interest | 544,935 | 503,253 | 1,092,354 | 1,151,633 | |||||
| Other undisclosed equity | 360,660 | 612,228 | |||||||
| Total equity: | 1,906,638 | 2,272,602 | 1,879,988 | 1,702,169 | 2,487,717 | 2,020,617 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,654,889 | 14,397,849 | 10,394,115 | 9,264,762 | 10,432,178 | 9,014,796 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 492,593 | 1,454,410 | 429,064 | 928,987 | 1,386,079 | 1,469,767 | ||
| Financial services revenue | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,469,767 | |
| Cost of revenue | (322,631) | (844,751) | (288,601) | (653,084) | (847,088) | (894,451) | ||
| Gross profit: | 169,962 | 609,659 | 140,463 | 275,903 | 538,991 | 575,316 | ||
| Operating expenses | (24,512) | (21,694) | (23,065) | (189,447) | (153,483) | (130,892) | ||
| Operating income: | 145,450 | 587,965 | 117,398 | 86,456 | 385,508 | 444,424 | ||
| Nonoperating income (expense) | 332,571 | 581,801 | (25,452) | 310,502 | 103,816 | 460,500 | ||
| Investment income, nonoperating | 557,844 | 389,251 | 318,210 | 146,569 | 157,110 | 201,289 | ||
| Other nonoperating income | 19 | 58 | 7,782 | 138,519 | ||||
| Interest and debt expense | (248,401) | (155,265) | (157,686) | (197,159) | (160,111) | (169,888) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 229,620 | 1,014,501 | (65,740) | 199,799 | 329,213 | 735,036 | ||
| Other undisclosed income from continuing operations before income taxes | 248,401 | 155,265 | 157,686 | 197,159 | 160,111 | 169,888 | ||
| Income from continuing operations before income taxes: | 478,021 | 1,169,766 | 91,946 | 396,958 | 489,324 | 904,924 | ||
| Income tax expense | (14,931) | (12,387) | (8,211) | (9,620) | (24,779) | (215,442) | ||
| Income from continuing operations: | 463,090 | 1,157,379 | 83,735 | 387,338 | 464,545 | 689,482 | ||
| Income before gain (loss) on sale of properties: | ✕ | 1,157,379 | 83,735 | 387,338 | 464,545 | 689,482 | ||
| Net income: | 463,090 | 1,157,379 | 83,735 | 387,338 | 464,545 | 689,482 | ||
| Other undisclosed net income (loss) attributable to parent | (259,444) | (525,719) | 81,984 | (232,499) | (241,127) | (457,988) | ||
| Net income attributable to parent: | 203,646 | 631,660 | 165,719 | 154,839 | 223,418 | 231,494 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (27,316) | (27,316) | (27,316) | (27,316) | (12,277) | |||
| Net income available to common stockholders, diluted: | 176,330 | 604,344 | 138,403 | 127,523 | 211,141 | 231,494 | ||
Comprehensive Income ($ in thousands)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 463,090 | 1,157,379 | 83,735 | 387,338 | 464,545 | 689,482 | ||
| Other comprehensive income (loss) | (8,621) | 4,418 | (3,088) | (5,928) | 1,363 | (3,329) | ||
| Comprehensive income: | 454,469 | 1,161,797 | 80,647 | 381,410 | 465,908 | 686,153 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (456,009) | |||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (256,590) | (528,057) | 83,159 | (231,125) | (241,880) | |||
| Comprehensive income, net of tax, attributable to parent: | 197,879 | 633,740 | 163,806 | 150,285 | 224,028 | 230,144 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.