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Ares Exclusive: Strong Q4 2023 and Full-Year Earnings Explained

Ares Management Corporation, a key player in the financial sector, has announced its impressive financial results for both the fourth quarter and the entirety of 2023.

A view of the Ares Office. PHOTO: Ares Media
A view of the Ares Office. PHOTO: Ares Media

The firm’s GAAP net income for the quarter stood at $174.0 million, climbing to $474.3 million for the full year.

When broken down per share for Class A and non-voting common stock, the basic net income was

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