Ares Management Corp (ARES) Earnings History

Ares Management Corp - Q4 2025 Earnings

Filed at: Feb 4, 2026, 9:45 PM EST|Read from source

EXECUTIVE SUMMARY

Ares Management Corporation concluded 2025 with a strong fourth quarter, marked by significant growth in Assets Under Management (AUM), record fundraising and investment activity, and strategic acquisitions. The company is well-positioned for continued earnings growth in 2026, supported by robust investor demand and enhanced global capabilities.

POSITIVE HIGHLIGHTS

  • •

    Crossed $600 billion in Assets Under Management (AUM).

    positive
  • •

    Established new annual records for fundraising and investing of over $100 billion.

    positive
  • •

    Closed GCP International acquisition, broadening real estate and digital infrastructure capabilities.

    positive
  • •

    Declared a quarterly dividend of $1.35 per share, a 20% increase.

    positive
  • •

    Year-over-year increase in AUM of 29%, FPAUM of 32%, and management fees of 25%.

    positive

CONCERNS & RISKS

  • •

    GAAP net income attributable to Ares Management Corporation was $54.2 million for the quarter, while after-tax realized income was $529.1 million, indicating a significant difference between GAAP and realized income.

    attention
  • •

    Net income per share was $0.08, significantly lower than after-tax realized income per share of $1.45.

    attention

FINANCIAL METRICS

Revenue
Quarterly
N/A
N/A
Net Income
Quarterly
$54.20M
N/A
EPS (Diluted)
Quarterly
$0.08
N/A
Operating Income
Quarterly
N/A
N/A
EPS (Basic)
Quarterly
$0.08
N/A

MARGIN ANALYSIS

Margin metrics will be available once backend extracts data from insights_json

MANAGEMENT COMMENTARY

Our strong fourth quarter concluded an exceptional year full of milestones and strategic accomplishments for Ares.

— Ares Management Corp, Q4 2025 2025 Earnings Call

We crossed $600 billion in AUM, established new annual records for fundraising and investing of over $100 billion and closed our GCP International acquisition which meaningfully broadened our real estate and digital infrastructure capabilities.

— Ares Management Corp, Q4 2025 2025 Earnings Call

Robust investor demand across all three of our channels is continuing and we expect another strong year of fundraising which could match or exceed our record levels from 2025.

— Ares Management Corp, Q4 2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

AUM
623000.0M
+29.0% YoY
dollars
FPAUM
N/A
+32.0% YoY
dollars
Management Fees
N/A
+25.0% YoY
dollars

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.

Related Research

Analysis

ARES 10-K Analysis: The 55:1 GAAP Gap Hiding a $2.6B Fee Machine