ARCC vs. NTRS: Ares Capital vs. Northern Trust Stock Comparison
How do Ares Capital (ARCC) and Northern Trust (NTRS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Ares Capital (ARCC) and Northern Trust (NTRS) 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.
| Profile Item | ARCC | NTRS |
|---|---|---|
| Name | Ares Capital Corp. | Northern Trust 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 | 13.82 billion USD | 31.29 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | October 5, 2004 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ARCC | NTRS |
|---|---|---|
| Total Return (1Y) | 5.40% | 39.45% |
| Total Return (3Y, Annualized) | 9.48% | 40.68% |
| Total Return (5Y, Annualized) | 8.26% | 11.05% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ARCC | NTRS |
|---|---|---|
| Volatility (1Y, Annualized) | 18.97% | 24.90% |
| Beta (5Y) | 0.59 | 1.18 |
| Max Drawdown (5Y) | -21.76% | -50.03% |
| Avg. Volume (3M) | 4.45M | 1.11M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ARCC | NTRS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.06 | 1.41 |
| Sortino Ratio (1Y) | 0.09 | 2.17 |
Profitability
ROE (TTM)
Both Ares Capital (ARCC) at 6.19% and Northern Trust (NTRS) at 18.44% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
ARCC
Financial Services industry group
6.19%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- ARCC
- 6.19%
- Q1
- 4.48%
- Min
- -18.71%
NTRS
Financial Services industry group
18.44%
- Max
- 44.78%
- Q3
- 21.85%
- NTRS
- 18.44%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Ares Capital (ARCC) at 28.35% retains a top-quartile share of revenue as profit, ahead of Northern Trust (NTRS) at 26.00%, which keeps about the industry-typical share.
ARCC
Financial Services industry group
28.35%
- Max
- 62.84%
- ARCC
- 28.35%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
NTRS
Financial Services industry group
26.00%
- Max
- 62.84%
- Q3
- 28.05%
- NTRS
- 26.00%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Ares Capital (ARCC) at 72.74% operates in the top operating margin quartile, ahead of Northern Trust (NTRS) at 34.80%, which runs around its industry’s norm.
ARCC
Financial Services industry group
72.74%
- Max
- 107.33%
- ARCC
- 72.74%
- Q3
- 55.90%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
NTRS
Financial Services industry group
34.80%
- Max
- 107.33%
- Q3
- 55.90%
- NTRS
- 34.80%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | ARCC | NTRS |
|---|---|---|
| ROE (TTM) | 6.19% | 18.44% |
| ROA (TTM) | 4.78% | 1.44% |
| Net Margin (TTM) | 28.35% | 26.00% |
| Operating Margin (TTM) | 72.74% | 34.80% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Ares Capital (ARCC) at -12.08% and Northern Trust (NTRS) at -2.46% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.
EPS Growth
Both Ares Capital (ARCC) at -23.77% and Northern Trust (NTRS) at -10.54% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ARCC | NTRS |
|---|---|---|
| Revenue Growth (YoY) | -12.08% | -2.46% |
| Revenue Growth (3Y CAGR) | 26.67% | 6.15% |
| EPS Growth (YoY) | -23.77% | -10.54% |
| EPS Growth (3Y CAGR) | 16.05% | 12.49% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Ares Capital (ARCC) in Financial Services and Northern Trust (NTRS) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Ares Capital (ARCC) in Financial Services and Northern Trust (NTRS) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | ARCC | NTRS |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Northern Trust (NTRS) at 1.91% pays an industry-typical yield; Ares Capital (ARCC) at 9.92% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
ARCC
Financial Services industry group
9.92%
- ARCC
- 9.92%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
NTRS
Financial Services industry group
1.91%
- Max
- 9.77%
- Q3
- 3.92%
- NTRS
- 1.91%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Ares Capital (ARCC) reports payout ratio above 100% at 157.38%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Northern Trust (NTRS) reports 25.73%, ranking against industry peers normally.
ARCC
Financial Services industry group
157.38%
- Max
- 241.07%
- ARCC
- 157.38%
- Q3
- 97.36%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
NTRS
Financial Services industry group
25.73%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- NTRS
- 25.73%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ARCC | NTRS |
|---|---|---|
| Dividend Yield (TTM) | 9.92% | 1.91% |
| Dividend Payout Ratio (TTM) | 157.38% | 25.73% |
Valuation
P/E Ratio (TTM)
Both Ares Capital (ARCC) at 15.68 and Northern Trust (NTRS) at 13.55 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
ARCC
Financial Services industry group
15.68
- Max
- 45.85
- Q3
- 24.64
- ARCC
- 15.68
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
NTRS
Financial Services industry group
13.55
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- NTRS
- 13.55
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
On P/S ratio, both Ares Capital (ARCC) at 4.48 and Northern Trust (NTRS) at 3.35 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
ARCC
Financial Services industry group
4.48
- Max
- 9.23
- Q3
- 4.57
- ARCC
- 4.48
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
NTRS
Financial Services industry group
3.35
- Max
- 9.23
- Q3
- 4.57
- NTRS
- 3.35
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
On P/B ratio, both Ares Capital (ARCC) at 0.99 and Northern Trust (NTRS) at 2.51 are valued close to their industries’ norm against book — neither stands out from peers.
ARCC
Financial Services industry group
0.99
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- ARCC
- 0.99
- Q1
- 0.81
- Min
- -0.39
NTRS
Financial Services industry group
2.51
- Max
- 7.79
- Q3
- 3.63
- NTRS
- 2.51
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | ARCC | NTRS |
|---|---|---|
| P/E Ratio (TTM) | 15.68 | 13.55 |
| P/S Ratio (TTM) | 4.48 | 3.35 |
| P/B Ratio (MRQ) | 0.99 | 2.51 |
| Free Cash Flow Yield (TTM) | -- | -- |