Ares Earnings Reports

Ares Management Corporation reported GAAP net income of $118.5 million and after-tax realized income of $316.0 million for the quarter ended September 30, 2024. The company expects a record fundraising year with gross commitments in the mid-$80 billion range.

Ares Management Corporation reported GAAP net income of $94.9 million for the second quarter ended June 30, 2024. The company raised $26 billion in capital and experienced double-digit growth across key financial metrics. With a record $120 billion in available capital, Ares is well-positioned to capitalize on the improving transaction environment.

Ares Management Corporation reported GAAP net income of $73.0 million for Q1 2024. The company saw strong year-over-year growth, including a 19% increase in assets under management and robust fundraising of over $17 billion.

Ares Management Corporation reported GAAP net income of $61.8 million, with after-tax realized income at $261.1 million and fee related earnings of $274.2 million for the quarter ended September 30, 2023. The company had its second highest ever quarter of fundraising with gross new commitments totaling nearly $22 billion. Available capital balance surpassed $100 billion for the first time in the firm’s history.

Ares Management Corporation reported GAAP net income attributable to the company of $144.5 million, with after-tax realized income at $292.2 million and fee related earnings of $266.1 million. The company demonstrated strong fundraising momentum with over $17 billion in new gross commitments.

Ares Management Corporation reported GAAP net income of $94.0 million and after-tax realized income of $232.0 million for the quarter ended March 31, 2023. The company achieved mid 20% year-over-year growth in management fees and fee related earnings. With $16 billion in gross inflows in the first quarter, the company is off to a strong start with its fundraising pipeline.

Ares Management Corporation reported GAAP net loss attributable to Ares Management Corporation was $35.5 million for the quarter ended September 30, 2022. After-tax realized income per share of Class A and non-voting common stock was $0.75 for the quarter ended September 30, 2022. Fee related earnings were $233.2 million for the quarter ended September 30, 2022.

Ares Management Corporation reported GAAP net income of $39.7 million for the quarter ended June 30, 2022. The company's assets under management and fee related earnings grew by 35% or more. They raised more than $16 billion in new gross commitments during the second quarter and over $30 billion year to date.

Ares Management Corporation reported GAAP net income of $45.9 million for the first quarter ended March 31, 2022. The company's fee related earnings grew by 59% year over year. They declared a quarterly dividend of $0.61 per share.

Ares Management Corporation reported GAAP net income of $84.7 million for the third quarter ended September 30, 2021. The company achieved record levels of AUM, management fees, and fee-related earnings, with AUM reaching approximately $282 billion. Fundraising for the year reached a new annual record of $51.6 billion.

Ares Management Corporation reported GAAP net income of $141.6 million for the second quarter ended June 30, 2021. The company achieved record results across nearly every financial metric, including fee related earnings, capital raising and fund appreciation, with assets under management reaching a record $248 billion, up 56% year-over-year.

Ares Management Corporation reported GAAP net income of $58.4 million for the first quarter ended March 31, 2021. The company's AUM surpassed $200 billion, supported by strong fundraising and fund performance. Fee related earnings were $128.5 million for the quarter.

Ares reported strong fourth quarter results, achieving records in nearly every financial measure. Full year growth in AUM and fee related earnings both exceeded 30%, supported by record gross fundraising of more than $40 billion and deployment of over $20 billion for 2020.

Ares Management Corporation reported GAAP net income of $47.5 million and after-tax realized income of $134.1 million for the quarter ended September 30, 2020. The company's assets under management grew by 24% year over year, driven by a record quarter of fundraising.

Ares Management Corporation reported GAAP net income of $56.4 million for the second quarter ended June 30, 2020. Fee related earnings were $97.0 million. The company's fee related earnings margin reached a post IPO high.

Ares Management Corporation reported a GAAP net loss of $31.0 million for the quarter ended March 31, 2020. Despite economic disruption, the company generated a record level of fee related earnings with growth of 31% versus the prior year period, and fee paying AUM exceeded $100 billion for the first time.