Ares Management (ARES) Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

Ares Management Corporation reported strong fourth quarter and full year 2025 results, crossing $600 billion in assets under management for the first time. Total AUM reached $622.5 billion, representing a 29% year-over-year increase. Fee Paying AUM g… Read more Ares Management Corporation reported strong fourth quarter and full year 2025 results, crossing $600 billion in assets under management for the first time. Total AUM reached $622.5 billion, representing a 29% year-over-year increase. Fee Paying AUM grew 32% to $384.9 billion. The company raised $35.9 billion in gross new capital during Q4 2025 and $113.2 billion for the full year, establishing new annual records for both fundraising and investing. GAAP net income attributable to Ares Management Corporation was $54.2 million for Q4 2025, with basic and diluted earnings per share of $0.08. For the full year, GAAP net income was $527.4 million with EPS of $1.71. Management fees increased 27% year-over-year to $993.7 million for Q4 2025 and 25% to $3.68 billion for the full year. Fee Related Earnings rose 33% to $527.7 million for the quarter and 30% to $1.78 billion for the year. After-tax Realized Income per share was $1.45 for Q4 2025 and $4.76 for the full year, up 18% and 20% respectively. The company declared a quarterly dividend of $1.35 per share, representing a 20% increase. Capital deployment totaled $45.8 billion in Q4 2025 and $145.8 billion for the full year. The acquisition of GCP International was completed, meaningfully broadening real estate and digital infrastructure capabilities. Available capital stands at $156.0 billion, with $78.8 billion of AUM not yet paying fees available for future deployment.