earnings
confidence high
sentiment positive
materiality 0.85
Ares Q4 GAAP net income $124.1M; AUM hits $300B, up 55% YoY
Ares Management Corp
- GAAP net income attributable to Ares $124.1M in Q4 2021 ($0.66 diluted EPS); full year $408.8M ($2.15 diluted EPS).
- Fee related earnings $253.3M in Q4, $712.3M for full year; after-tax realized income $291.1M Q4, $803.7M FY.
- AUM exceeded $300B for first time, up 55% YoY; record organic fundraising of $25B in Q4 and ~$77B for full year.
- Declared quarterly dividend $0.61 per share, payable March 31, 2022 to holders of record March 17, 2022.