Ares Capital (ARCC) vs. Ares Management (ARES)
This page compares Ares Capital (ARCC) with Ares Management (ARES) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Company Profile
Ares Capital (ARCC) and Ares Management (ARES) are both classified in the Asset Management & Custody Banks sub-industry within the broader Capital Markets industry, placing them in the closest GICS peer bucket.
| Symbol | ARCC | ARES |
|---|---|---|
| Name | Ares Capital Corporation | Ares Management Corporation |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Asset Management & Custody Banks | Asset Management & Custody Banks |
| Market Capitalization | 13.66 billion USD | 43.08 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | October 5, 2004 | May 2, 2014 |
| Security Type | Common Stock | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Ares Capital (ARCC) at 11.67 hovers around the typical industry Price-to-Earnings Ratio (TTM), while Ares Management (ARES) at 60.19 sits above its industry benchmark range — an elevated trailing earnings multiple for ARES relative to peers.
ARCC
Financial Services industry group
11.67
- Max
- 43.80
- Q3
- 25.29
- Median
- 14.39
- Q1
- 8.82
- Min
- 0.57
ARES
Financial Services industry group
60.19
- Max
- 43.80
- Q3
- 25.29
- Median
- 14.39
- Q1
- 8.82
- Min
- 0.57
Price-to-Sales Ratio (TTM)
Ares Capital (ARCC) at 4.43 is priced about in line with its industry on Price-to-Sales Ratio (TTM), while Ares Management (ARES) at 7.29 sits in the pricier quartile — ARES costs more per dollar of sales.
ARCC
Financial Services industry group
4.43
- Max
- 9.18
- Q3
- 4.75
- Median
- 2.81
- Q1
- 1.45
- Min
- -1.07
ARES
Financial Services industry group
7.29
- Max
- 9.18
- Q3
- 4.75
- Median
- 2.81
- Q1
- 1.45
- Min
- -1.07
Price-to-Book Ratio (MRQ)
Ares Capital (ARCC) at 0.97 sits near its industry’s typical Price-to-Book Ratio (MRQ), while Ares Management (ARES) at 11.48 prices above its benchmark range — ARES looks rich relative to book.
ARCC
Financial Services industry group
0.97
- Max
- 7.05
- Q3
- 3.45
- Median
- 1.59
- Q1
- 0.91
- Min
- 0.00
ARES
Financial Services industry group
11.48
- Max
- 7.05
- Q3
- 3.45
- Median
- 1.59
- Q1
- 0.91
- Min
- 0.00
Valuation at a Glance
| Symbol | ARCC | ARES |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 11.67 | 60.19 |
| Price-to-Sales Ratio (TTM) | 4.43 | 7.29 |
| Price-to-Book Ratio (MRQ) | 0.97 | 11.48 |
| Free Cash Flow Yield | 6.66% | 4.08% |
Profitability
Return on Equity (TTM)
Both Ares Capital (ARCC) at 8.29% and Ares Management (ARES) at 14.18% post Return on Equity (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on this measure.
ARCC
Financial Services industry group
8.29%
- Max
- 42.17%
- Q3
- 21.38%
- Median
- 12.17%
- Q1
- 4.99%
- Min
- -18.74%
ARES
Financial Services industry group
14.18%
- Max
- 42.17%
- Q3
- 21.38%
- Median
- 12.17%
- Q1
- 4.99%
- Min
- -18.74%
Net Profit Margin (TTM)
Ares Capital (ARCC) at 37.30% retains a top-quartile share of revenue as profit, ahead of Ares Management (ARES) at 10.54%, which keeps about the industry-typical share.
ARCC
Financial Services industry group
37.30%
- Max
- 66.55%
- Q3
- 30.38%
- Median
- 16.50%
- Q1
- 4.42%
- Min
- -26.88%
ARES
Financial Services industry group
10.54%
- Max
- 66.55%
- Q3
- 30.38%
- Median
- 16.50%
- Q1
- 4.42%
- Min
- -26.88%
Operating Profit Margin (TTM)
Ares Capital (ARCC) at 80.87% operates in the top Operating Profit Margin (TTM) quartile, ahead of Ares Management (ARES) at 18.43%, which runs around its industry’s norm.
ARCC
Financial Services industry group
80.87%
- Max
- 95.95%
- Q3
- 49.68%
- Median
- 27.03%
- Q1
- 12.12%
- Min
- -36.26%
ARES
Financial Services industry group
18.43%
- Max
- 95.95%
- Q3
- 49.68%
- Median
- 27.03%
- Q1
- 12.12%
- Min
- -36.26%
Profitability at a Glance
| Symbol | ARCC | ARES |
|---|---|---|
| Return on Equity (TTM) | 8.29% | 14.18% |
| Return on Assets (TTM) | 4.89% | 2.54% |
| Net Profit Margin (TTM) | 37.30% | 10.54% |
| Operating Profit Margin (TTM) | 80.87% | 18.43% |
| Gross Profit Margin (TTM) | 100.00% | 37.56% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | ARCC | ARES |
|---|---|---|
| 1-Year Revenue Growth | -12.08% | 44.19% |
| 3-Year Revenue CAGR | 26.67% | 22.39% |
EPS Growth
EPS Growth at a Glance
| Symbol | ARCC | ARES |
|---|---|---|
| 1-Year EPS Growth | -23.77% | -16.67% |
| 3-Year EPS CAGR | 16.05% | 25.02% |
Financial Strength
Current Ratio (MRQ)
Current Ratio (MRQ) isn’t a meaningful figure for either Ares Capital (ARCC) in Financial Services or Ares Management (ARES) in Financial Services under our convention.
ARCC
Financial Services industry group
0.38
- Max
- 8.56
- Q3
- 4.17
- Median
- 1.79
- Q1
- 1.11
- Min
- 0.05
ARES
Financial Services industry group
0.49
- Max
- 8.56
- Q3
- 4.17
- Median
- 1.79
- Q1
- 1.11
- Min
- 0.05
Debt-to-Equity Ratio (MRQ)
Debt-to-Equity Ratio (MRQ) isn’t a meaningful figure for either Ares Capital (ARCC) in Financial Services or Ares Management (ARES) in Financial Services under our convention.
ARCC
Financial Services industry group
1.13
- Max
- 6.26
- Q3
- 2.78
- Median
- 1.19
- Q1
- 0.34
- Min
- 0.00
ARES
Financial Services industry group
1.69
- Max
- 6.26
- Q3
- 2.78
- Median
- 1.19
- Q1
- 0.34
- Min
- 0.00
Financial Strength at a Glance
| Symbol | ARCC | ARES |
|---|---|---|
| Current Ratio (MRQ) | 0.38 | 0.49 |
| Debt-to-Equity Ratio (MRQ) | 1.13 | 1.69 |
| Net Debt / EBITDA | -- | 9.21 |
Dividends
Dividend Yield (TTM)
Ares Capital (ARCC) at 10.09% reports Dividend Yield (TTM) in the top quartile of industry peers, ahead of Ares Management (ARES) at 4.13%, which sits around the industry mid-range.
ARCC
Financial Services industry group
10.09%
- Max
- 18.54%
- Q3
- 7.66%
- Median
- 1.92%
- Q1
- 0.00%
- Min
- 0.00%
ARES
Financial Services industry group
4.13%
- Max
- 18.54%
- Q3
- 7.66%
- Median
- 1.92%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Ares Capital (ARCC) at 117.79% and Ares Management (ARES) at 217.05% report unusual Dividend Payout Ratio (TTM) values — outside the typical 0–100% range, signaling sustainability concerns on both sides.
ARCC
Financial Services industry group
117.79%
- Max
- 228.57%
- Q3
- 95.64%
- Median
- 25.37%
- Q1
- 0.00%
- Min
- 0.00%
ARES
Financial Services industry group
217.05%
- Max
- 228.57%
- Q3
- 95.64%
- Median
- 25.37%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Symbol | ARCC | ARES |
|---|---|---|
| Dividend Yield (TTM) | 10.09% | 4.13% |
| Dividend Payout Ratio (TTM) | 117.79% | 217.05% |
Performance & Risk
Ares Management (ARES) has an aggressive beta of 1.49, indicating higher sensitivity to broad-market moves, while Ares Capital (ARCC) is defensive at 0.57 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
Performance & Risk at a Glance
| Symbol | ARCC | ARES |
|---|---|---|
| 1-Year Return | -7.10% | -24.59% |
| 1-Year Volatility | 18.49% | 41.24% |
| Beta | 0.57 | 1.49 |
| 3-Month Avg. Volume | 6.46M | 3.46M |