earnings
confidence high
sentiment positive
materiality 0.75
Ares Q4 2022 GAAP net income $117.5M; after-tax realized income $1.21/share; dividend $0.77
Ares Management Corp
- Q4 GAAP net income $117.5M ($0.62 diluted EPS); full-year $167.5M ($0.87 diluted EPS).
- Q4 after-tax realized income $388.7M ($1.21/share); full-year $1,061.7M ($3.35/share), up 30% YoY per share.
- Fee related earnings Q4 $335.7M, full-year $994.4M, up 40% YoY; management fees up 32% YoY.
- Raised $57B in new capital in 2022; deployed ~$80B; $85B available capital to invest.
- Declared quarterly dividend $0.77/share, payable March 31, 2023 to holders of record March 17, 2023.