Asset Management
Compare Stocks
2 / 10Stock Comparison
OWL vs ARES
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
OWL vs ARES — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management | Asset Management |
| Market Cap | $16.48B | $40.68B |
| Revenue (TTM) | $2.87B | $6.47B |
| Net Income (TTM) | $87M | $527M |
| Gross Margin | 55.4% | 74.8% |
| Operating Margin | 21.9% | 27.2% |
| Forward P/E | 11.9x | 20.3x |
| Total Debt | $3.86B | $14.91B |
| Cash & Equiv. | $195M | $1.50B |
OWL vs ARES — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Dec 20 | May 26 | Return |
|---|---|---|---|
| Blue Owl Capital In… (OWL) | 100 | 92.6 | -7.4% |
| Ares Management Cor… (ARES) | 100 | 263.3 | +163.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: OWL vs ARES
Each card shows where this stock fits in a portfolio — not just who wins on paper.
OWL carries the broadest edge in this set and is the clearest fit for value and quality.
- Lower P/E (11.9x vs 20.3x)
- Efficiency ratio 0.3% vs ARES's 0.5% (lower = leaner)
- 7.8% yield, 1-year raise streak, vs ARES's 6.5%
ARES is the clearest fit if your priority is income & stability and growth exposure.
- Dividend streak 7 yrs, beta 1.62, yield 6.5%
- Rev growth 66.6%, EPS growth -5.3%
- 9.4% 10Y total return vs OWL's 31.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 66.6% NII/revenue growth vs OWL's 25.0% | |
| Value | Lower P/E (11.9x vs 20.3x) | |
| Quality / Margins | Efficiency ratio 0.3% vs ARES's 0.5% (lower = leaner) | |
| Stability / Safety | Beta 1.62 vs OWL's 1.64 | |
| Dividends | 7.8% yield, 1-year raise streak, vs ARES's 6.5% | |
| Momentum (1Y) | -19.5% vs OWL's -35.9% | |
| Efficiency (ROA) | Efficiency ratio 0.3% vs ARES's 0.5% |
OWL vs ARES — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
OWL vs ARES — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ARES leads this category, winning 3 of 4 comparable metrics.
Income & Cash Flow (Last 12 Months)
ARES is the larger business by revenue, generating $6.5B annually — 2.3x OWL's $2.9B. ARES is the more profitable business, keeping 8.2% of every revenue dollar as net income compared to OWL's 2.7%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $2.9B | $6.5B |
| EBITDAEarnings before interest/tax | $1.0B | $1.8B |
| Net IncomeAfter-tax profit | $87M | $527M |
| Free Cash FlowCash after capex | $1.3B | $1.5B |
| Gross MarginGross profit ÷ Revenue | +55.4% | +74.8% |
| Operating MarginEBIT ÷ Revenue | +21.9% | +27.2% |
| Net MarginNet income ÷ Revenue | +2.7% | +8.2% |
| FCF MarginFCF ÷ Revenue | +41.7% | +23.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | — | -80.9% |
Valuation Metrics
OWL leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 63.2x trailing earnings, ARES trades at a 28% valuation discount to OWL's 87.8x P/E. On an enterprise value basis, OWL's 19.9x EV/EBITDA is more attractive than ARES's 27.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $16.5B | $40.7B |
| Enterprise ValueMkt cap + debt − cash | $20.1B | $54.1B |
| Trailing P/EPrice ÷ TTM EPS | 87.83x | 63.19x |
| Forward P/EPrice ÷ next-FY EPS est. | 11.90x | 20.34x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.58x |
| EV / EBITDAEnterprise value multiple | 19.85x | 27.00x |
| Price / SalesMarket cap ÷ Revenue | 5.74x | 6.29x |
| Price / BookPrice ÷ Book value/share | 1.16x | 3.09x |
| Price / FCFMarket cap ÷ FCF | 13.75x | 26.34x |
Profitability & Efficiency
ARES leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
ARES delivers a 6.2% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $1 for OWL. OWL carries lower financial leverage with a 0.64x debt-to-equity ratio, signaling a more conservative balance sheet compared to ARES's 1.71x. On the Piotroski fundamental quality scale (0–9), ARES scores 8/9 vs OWL's 4/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +1.4% | +6.2% |
| ROA (TTM)Return on assets | +0.7% | +1.9% |
| ROICReturn on invested capital | +5.0% | +6.1% |
| ROCEReturn on capital employed | +5.7% | +7.3% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 8 |
| Debt / EquityFinancial leverage | 0.64x | 1.71x |
| Net DebtTotal debt minus cash | $3.7B | $13.4B |
| Cash & Equiv.Liquid assets | $195M | $1.5B |
| Total DebtShort + long-term debt | $3.9B | $14.9B |
| Interest CoverageEBIT ÷ Interest expense | 3.45x | 2.68x |
Total Returns (Dividends Reinvested)
ARES leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ARES five years ago would be worth $26,129 today (with dividends reinvested), compared to $13,437 for OWL. Over the past 12 months, ARES leads with a -19.5% total return vs OWL's -35.9%. The 3-year compound annual growth rate (CAGR) favors ARES at 18.3% vs OWL's 7.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -29.7% | -24.7% |
| 1-Year ReturnPast 12 months | -35.9% | -19.5% |
| 3-Year ReturnCumulative with dividends | +23.6% | +65.6% |
| 5-Year ReturnCumulative with dividends | +34.4% | +161.3% |
| 10-Year ReturnCumulative with dividends | +31.5% | +938.3% |
| CAGR (3Y)Annualised 3-year return | +7.3% | +18.3% |
Risk & Volatility
ARES leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
ARES is the less volatile stock with a 1.62 beta — it tends to amplify market swings less than OWL's 1.64 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ARES currently trades 63.4% from its 52-week high vs OWL's 50.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.64x | 1.62x |
| 52-Week HighHighest price in past year | $21.08 | $195.26 |
| 52-Week LowLowest price in past year | $7.96 | $95.80 |
| % of 52W HighCurrent price vs 52-week peak | +50.0% | +63.4% |
| RSI (14)Momentum oscillator 0–100 | 67.5 | 62.2 |
| Avg Volume (50D)Average daily shares traded | 33.0M | 3.7M |
Analyst Outlook
Evenly matched — OWL and ARES each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates OWL as "Buy" and ARES as "Buy". Consensus price targets imply 49.7% upside for OWL (target: $16) vs 43.2% for ARES (target: $177). For income investors, OWL offers the higher dividend yield at 7.80% vs ARES's 6.53%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $15.78 | $177.38 |
| # AnalystsCovering analysts | 19 | 22 |
| Dividend YieldAnnual dividend ÷ price | +7.8% | +6.5% |
| Dividend StreakConsecutive years of raises | 1 | 7 |
| Dividend / ShareAnnual DPS | $0.82 | $8.08 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.3% | 0.0% |
ARES leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). OWL leads in 1 (Valuation Metrics). 1 tied.
OWL vs ARES: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is OWL or ARES a better buy right now?
For growth investors, Ares Management Corporation (ARES) is the stronger pick with 66.
6% revenue growth year-over-year, versus 25. 0% for Blue Owl Capital Inc. (OWL). Ares Management Corporation (ARES) offers the better valuation at 63. 2x trailing P/E (20. 3x forward), making it the more compelling value choice. Analysts rate Blue Owl Capital Inc. (OWL) a "Buy" — based on 19 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — OWL or ARES?
On trailing P/E, Ares Management Corporation (ARES) is the cheapest at 63.
2x versus Blue Owl Capital Inc. at 87. 8x. On forward P/E, Blue Owl Capital Inc. is actually cheaper at 11. 9x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — OWL or ARES?
Over the past 5 years, Ares Management Corporation (ARES) delivered a total return of +161.
3%, compared to +34. 4% for Blue Owl Capital Inc. (OWL). Over 10 years, the gap is even starker: ARES returned +938. 3% versus OWL's +31. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — OWL or ARES?
By beta (market sensitivity over 5 years), Ares Management Corporation (ARES) is the lower-risk stock at 1.
62β versus Blue Owl Capital Inc. 's 1. 64β — meaning OWL is approximately 1% more volatile than ARES relative to the S&P 500. On balance sheet safety, Blue Owl Capital Inc. (OWL) carries a lower debt/equity ratio of 64% versus 171% for Ares Management Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — OWL or ARES?
By revenue growth (latest reported year), Ares Management Corporation (ARES) is pulling ahead at 66.
6% versus 25. 0% for Blue Owl Capital Inc. (OWL). On earnings-per-share growth, the picture is similar: Ares Management Corporation grew EPS -5. 3% year-over-year, compared to -40. 0% for Blue Owl Capital Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — OWL or ARES?
Ares Management Corporation (ARES) is the more profitable company, earning 8.
2% net margin versus 2. 7% for Blue Owl Capital Inc. — meaning it keeps 8. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ARES leads at 27. 2% versus 21. 9% for OWL. At the gross margin level — before operating expenses — ARES leads at 74. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is OWL or ARES more undervalued right now?
On forward earnings alone, Blue Owl Capital Inc.
(OWL) trades at 11. 9x forward P/E versus 20. 3x for Ares Management Corporation — 8. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for OWL: 49. 7% to $15. 78.
08Which pays a better dividend — OWL or ARES?
All stocks in this comparison pay dividends.
Blue Owl Capital Inc. (OWL) offers the highest yield at 7. 8%, versus 6. 5% for Ares Management Corporation (ARES).
09Is OWL or ARES better for a retirement portfolio?
For long-horizon retirement investors, Ares Management Corporation (ARES) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (6.
5% yield, +938. 3% 10Y return). Blue Owl Capital Inc. (OWL) carries a higher beta of 1. 64 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ARES: +938. 3%, OWL: +31. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between OWL and ARES?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.