ARES vs. TW: Ares Management vs. Tradeweb Markets Stock Comparison
How do Ares Management (ARES) and Tradeweb Markets (TW) 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 Management (ARES) and Tradeweb Markets (TW) both belong to the Capital Markets industry, though ARES is classified under Asset Management & Custody Banks while TW falls under Financial Exchanges & Data.
| Profile Item | ARES | TW |
|---|---|---|
| Name | Ares Management Corp. Class A Common Stock | Tradeweb Markets Inc. Class A Common Stock |
| 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 | Financial Exchanges & Data |
| Market Capitalization | 44.45 billion USD | 27.59 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | May 2, 2014 | April 4, 2019 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ARES | TW |
|---|---|---|
| Total Return (1Y) | -5.55% | 17.01% |
| Total Return (3Y, Annualized) | 13.18% | 11.65% |
| Total Return (5Y, Annualized) | 13.38% | 6.31% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Ares Management (ARES) has an aggressive beta of 1.45, indicating higher sensitivity to broad-market moves, while Tradeweb Markets (TW) is defensive at 0.54 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | ARES | TW |
|---|---|---|
| Volatility (1Y, Annualized) | 44.09% | 30.82% |
| Beta (5Y) | 1.45 | 0.54 |
| Max Drawdown (5Y) | -49.97% | -48.64% |
| Avg. Volume (3M) | 2.20M | 1.37M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ARES | TW |
|---|---|---|
| Sharpe Ratio (1Y) | -0.22 | 0.41 |
| Sortino Ratio (1Y) | -0.31 | 0.60 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Tradeweb Markets (TW) earns 14.46% on shareholders’ equity, ranked against its industry; Ares Management (ARES) has no ROE this period.
ARES
Financial Services industry group
--
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
- ARES
- --
TW
Financial Services industry group
14.46%
- Max
- 44.78%
- Q3
- 21.85%
- TW
- 14.46%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Tradeweb Markets (TW) at 39.86% retains a top-quartile share of revenue as profit, ahead of Ares Management (ARES) at 8.69%, which keeps about the industry-typical share.
ARES
Financial Services industry group
8.69%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- ARES
- 8.69%
- Q1
- 4.82%
- Min
- -28.52%
TW
Financial Services industry group
39.86%
- Max
- 62.84%
- TW
- 39.86%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Tradeweb Markets (TW) at 43.30% runs core operations around its industry’s norm, while Ares Management (ARES) at 2.89% operates in the bottom quartile.
ARES
Financial Services industry group
2.89%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- Q1
- 14.60%
- ARES
- 2.89%
- Min
- -44.34%
TW
Financial Services industry group
43.30%
- Max
- 107.33%
- Q3
- 55.90%
- TW
- 43.30%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | ARES | TW |
|---|---|---|
| ROE (TTM) | -- | 14.46% |
| ROA (TTM) | -- | 12.57% |
| Net Margin (TTM) | 8.69% | 39.86% |
| Operating Margin (TTM) | 2.89% | 43.30% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Ares Management (ARES) at 44.19% sits in the top revenue growth quartile, while Tradeweb Markets (TW) at 18.92% is closer to the peer norm — faster top-line expansion for ARES.
EPS Growth
Tradeweb Markets (TW) at 62.23% sits in the top EPS growth quartile, while Ares Management (ARES) at -16.67% is closer to the peer norm — faster per-share earnings growth for TW.
Growth Metrics
| Metric | ARES | TW |
|---|---|---|
| Revenue Growth (YoY) | 44.19% | 18.92% |
| Revenue Growth (3Y CAGR) | 22.39% | 19.97% |
| EPS Growth (YoY) | -16.67% | 62.23% |
| EPS Growth (3Y CAGR) | 25.02% | 36.69% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Ares Management (ARES) in Financial Services and Tradeweb Markets (TW) 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 Management (ARES) in Financial Services and Tradeweb Markets (TW) 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 | ARES | TW |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Ares Management (ARES) at 3.87% and Tradeweb Markets (TW) at 0.42% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
ARES
Financial Services industry group
3.87%
- Max
- 9.77%
- Q3
- 3.92%
- ARES
- 3.87%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
TW
Financial Services industry group
0.42%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- TW
- 0.42%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Ares Management (ARES) reports payout ratio above 100% at 423.77%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Tradeweb Markets (TW) reports 12.68%, ranking against industry peers normally.
ARES
Financial Services industry group
423.77%
- ARES
- 423.77%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
TW
Financial Services industry group
12.68%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- TW
- 12.68%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ARES | TW |
|---|---|---|
| Dividend Yield (TTM) | 3.87% | 0.42% |
| Dividend Payout Ratio (TTM) | 423.77% | 12.68% |
Valuation
P/E Ratio (TTM)
Both look expensive on trailing earnings: Tradeweb Markets (TW) at 29.98 sits in the richer P/E ratio quartile, and Ares Management (ARES) at 109.82 is richer still, above its industry range.
ARES
Financial Services industry group
109.82
- ARES
- 109.82
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
TW
Financial Services industry group
29.98
- Max
- 45.85
- TW
- 29.98
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Both look expensive on sales: Ares Management (ARES) at 8.92 sits in the upper P/S ratio quartile, and Tradeweb Markets (TW) at 12.10 prices even higher, above its industry range.
ARES
Financial Services industry group
8.92
- Max
- 9.23
- ARES
- 8.92
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
TW
Financial Services industry group
12.10
- TW
- 12.10
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Both look rich against book: Tradeweb Markets (TW) at 4.03 sits in the upper P/B ratio quartile, and Ares Management (ARES) at 12.15 prices even higher, above its industry range.
ARES
Financial Services industry group
12.15
- ARES
- 12.15
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
TW
Financial Services industry group
4.03
- Max
- 7.79
- TW
- 4.03
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | ARES | TW |
|---|---|---|
| P/E Ratio (TTM) | 109.82 | 29.98 |
| P/S Ratio (TTM) | 8.92 | 12.10 |
| P/B Ratio (MRQ) | 12.15 | 4.03 |
| Free Cash Flow Yield (TTM) | -- | -- |