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NEW YORK - Ares Management Corporation (NYSE:ARES) reported first quarter 2025 earnings that exceeded analyst expectations, with after-tax realized income per share of $1.09, surpassing the consensus estimate of $0.98 on Monday.
The company’s stock price moved slightly lower following the earnings release, down -0.23% in premarket trading.
For the quarter ended March 31, 2025, Ares reported fee-related earnings of $367.3 million. The company’s GAAP net income attributable to Ares Management Corporation was $47.2 million. Notably, Ares saw YoY growth of 20% or more across several key financial metrics.
The company’s assets under management (AUM) crossed a significant milestone, exceeding $500 billion.
Michael Arougheti, Chief Executive Officer of Ares, commented on the results: "We reported strong first quarter results with robust fundraising and investing activities, 20% or more year-over-year growth in many of our key financial metrics and assets under management that surpassed a half a trillion dollars."
Ares declared a quarterly dividend of $1.12 per share of its Class A and non-voting common stock, payable on June 30, 2025. Additionally, the company announced a quarterly dividend of $0.84375 per share for its 6.75% Series B mandatory convertible preferred stock.
Chief Financial Officer Jarrod Phillips highlighted the company’s strong position, stating, "With a record amount of assets under management not yet paying fees of nearly $100 billion, we remain well positioned to make attractive investments in a volatile market environment."
As of March 31, 2025, Ares Management Corporation’s global platform had approximately $546 billion of assets under management, with operations spanning North America, South America, Europe, Asia Pacific, and the Middle East.
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