Ares Management Corporation Reports Strong Second Quarter 2026 Results: Record Fundraising, Earnings Growth, and Dividend Declarations
Ares Management Corporation (NYSE: ARES), a leading global alternative investment manager, has released its financial results for the second quarter ended June 30, 2026. The report highlights robust performance across several key metrics, record fundraising, and significant capital reserves, all of which are likely to be closely watched by current and prospective investors.
Key Financial Highlights
- GAAP Net Income: \$150.6 million for Q2 2026, with net income per share of Class A and non-voting common stock at \$0.49.
- After-Tax Realized Income: \$467.6 million, translating to \$1.29 per share of Class A common stock.
- Fee Related Earnings: \$491.1 million for the quarter, demonstrating continued momentum in core business operations.
Record Fundraising and Assets Under Management
- Fundraising: Ares achieved another record quarter, raising over \$36 billion in new inflows, underscoring strong investor confidence in the firm’s strategies and performance.
- Total Assets Under Management (AUM): As of June 30, 2026, Ares’ global platform managed more than \$671 billion in assets, spanning North America, South America, Europe, Asia Pacific, and the Middle East.
Operational and Strategic Updates
CEO Michael Arougheti emphasized that the diverse global origination platform allowed Ares to remain active in identifying and investing in attractive opportunities, even in a slower transaction environment. He noted a meaningful pickup in the firm’s investment pipeline, suggesting increased deal activity ahead.
CFO Jarrod Phillips highlighted the scale and diversification of Ares’ platform, with key financial metrics growing by more than 20% year-over-year. This performance positions the company on track to achieve its 2026 financial goals. Notably, Ares reported a record \$170 billion of dry powder, providing substantial capital flexibility for future investments and anticipated earnings growth.
Dividend Announcements
- Common Stock Dividend: Ares declared a quarterly dividend of \$1.35 per share for Class A and non-voting common stock, payable September 30, 2026, to shareholders of record as of September 16, 2026. This substantial dividend may be of particular interest to income-focused investors and could impact share valuation.
- Preferred Stock Dividend: A quarterly dividend of \$0.84375 per share was announced for its 6.75% Series B mandatory convertible preferred stock, payable October 1, 2026, to holders of record as of September 15, 2026.
- Dividend Reinvestment Program: The program will be effective for the September 30, 2026 dividend, allowing Class A common stockholders to reinvest dividends. Equiniti Trust Company will administer the plan, which may appeal to long-term investors seeking to compound returns.
Investor Presentation and Conference Call
Ares issued a comprehensive presentation detailing its Q2 2026 results, available on its website under the Investor Resources section. The company will host a conference call and live webcast on July 31, 2026, at 9:00 a.m. Eastern Time, inviting all interested parties to participate. Archived replays will be accessible through August 31, 2026.
Forward-Looking Statements and Risks
The report includes forward-looking statements about future events, operations, and financial performance. These statements are subject to various risks and uncertainties, and actual results may differ materially. Investors are cautioned to consider these risks when evaluating the company’s outlook and share price potential.
About Ares Management Corporation
Ares offers clients primary and secondary investment solutions across credit, real estate, private equity, and infrastructure asset classes. The company aims to deliver consistent and attractive returns throughout market cycles by leveraging its global platform and collaborative investment approach.
Disclaimer: This article is for informational purposes only and does not constitute investment advice, an offer to sell, or solicitation of an offer to buy any securities. Investors should review the full financial results and consult with their financial advisors before making any investment decisions. Ares Management Corporation does not undertake any obligation to publicly update or revise forward-looking statements except as required by law.
