Ares Management Corporation (ARES) vs Blackstone Inc. (BX)
Ares Management Corporation and Blackstone Inc. are both Asset Management companies. Blackstone Inc. is the larger, with a market value of $145.4B against $39.7B — 3.7× the size. Blackstone Inc. trades at the lower P/E: 26.5× against 56.0×. Ares Management Corporation grew revenue faster over the last twelve months: 24.0% against 17.2%. Blackstone Inc. has the higher net margin (21.8% vs 8.94%) and the higher return on invested capital (15.1% vs 4.88%). Both pay a dividend; Blackstone Inc. yields more (3.34% vs 2.72%). Across the 22 metrics below, Blackstone Inc. leads on 16 and Ares Management Corporation on 6.
Valuation
Profitability
| Metric | ARES | BX | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 18.08% | 50.49% | 33.03% |
| Net margin | 8.94% | 21.84% | 13.53% |
| Free cash flow margin | 13.96% | 34.05% | 12.44% |
| Return on equity | 7.68% | 17.31% | 4.83% |
| Return on assets | 1.88% | 7.39% | 1.57% |
| Return on invested capital | 4.88% | 15.08% | 3.04% |
Growth
Health
Dividend
Size
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