Ares Management (ARES)
NYSE:ARES
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Earnings Data
Report Date
Jul 31, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.33Last Year’s EPS
1.03Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized broad-based growth and strong operational momentum: record fundraising, double-digit growth across AUM, management fees and FRE, significant available capital and solid reported returns across strategies. The main negatives were localized and manageable: moderated retail/non-traded BDC flows, a near-term slowdown in U.S. Direct Lending deal activity (driven by geopolitical and macro uncertainty), Q1 cadence effects on realizations and some short-term interest expense seasonality. Management framed these headwinds as limited in scope relative to the platform's scale and optionality, highlighting dry powder and diversified pipelines to capitalize on dislocations.Company Guidance
Strong AUM and Fee-Paying AUM Growth
Total AUM rose 18% year-over-year to $644 billion and fee-paying AUM increased 19% to $400 billion, supporting fee revenue expansion and long-term fee visibility.
Record Fundraising Quarter
Raised $30 billion of gross capital in Q1 (a 46% increase YoY), including $20 billion in Credit strategies and notable fund closes such as ASOF III (~$8.3B equity; nearly $10B including related vehicles) and SDL3 (~$15.3B of equity commitments against a $10B cover).
Management Fees and FRE Milestones
Quarterly management fees exceeded $1 billion for the first time (up 22% YoY). Fee-related earnings (FRE) grew 26% YoY to $454 million and FRE margin expanded 90 basis points to 42.4%.
Realized Income and EPS Growth
Realized income was $503 million (up 24% YoY) and after-tax realized income per share was $1.24 (up 14% YoY), reflecting stronger earnings generation.
Dividend Increase
Declared a quarterly dividend of $1.35 per share, representing an increase of over 20% versus the same quarter a year ago and reflecting confidence in cash generation.
Fund & Strategy Performance
Strong time-weighted returns reported: ~12–15% U.S. Direct Lending, 15% Alternative Credit, 12% Opportunistic Credit, 9% European Direct Lending, and >20% APAC Credit; secondary and primary strategies also reporting healthy net returns (APMF >14% since inception; ACOF VI ~15%).
Large Available Capital / Dry Powder
Available capital exceeded $158 billion, including over $100 billion of credit dry powder (one of the largest among public players), positioning the firm to deploy into attractive opportunities.
Platform Expansion and Notable Exits
Platform grew with 14 new products in two years (now $68 billion in AUM from new products); deployment was over $32 billion in Q1 (higher than Q1 prior year); successful X-energy IPO (cost basis ~ $100M; current fair value net of employee comp ~ $700M) signaling a sizable realized valuation uplift.
ARES Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ARES Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2026 | $117.40 | $119.00 | +1.36% |
Feb 05, 2026 | $135.38 | $120.23 | -11.19% |
Nov 03, 2025 | $145.77 | $152.42 | +4.57% |
Aug 01, 2025 | $180.72 | $178.09 | -1.46% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ares Management (ARES) report earnings?
Ares Management (ARES) is schdueled to report earning on Jul 31, 2026, Before Open (Confirmed).
What is Ares Management (ARES) earnings time?
Ares Management (ARES) earnings time is at Jul 31, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARES EPS forecast?
ARES EPS forecast for the fiscal quarter 2026 (Q2) is 1.33.