ARES vs BLK
Ares Management (ARES) and BlackRock (BLK) compared side by side. BlackRock (BLK) is larger, with a market cap of $181.7B versus $40.5B for Ares Management, about 4.5 times the size. On trailing earnings, BLK is cheaper at 25.5x versus 56.3x for ARES.
Head to head
| Metric | ARES | BLK |
|---|---|---|
| Market cap | $40.5B | $181.7B |
| P/E (TTM) | 56.3x | 25.5x |
| Forward P/E | 17.2x | 17.3x |
| Revenue (TTM) | $5.3B | $28.5B |
| Revenue growth | 9.6% | 19.1% |
| Gross margin | 100.0% | 48.3% |
| Operating margin | 9.5% | 37.9% |
| Free cash flow | $836.1M | $3.5B |
| Dividend yield | 4.42% | 2.05% |
| 1-year return | -14.4% | +1.5% |
| 5-year return (annual) | +11.9% | +6.7% |
| Max drawdown | -50% | -60% |
| FI Handbook grade | C+ | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
ARES vs BLK FAQ
Which is bigger, ARES or BLK?
BlackRock (BLK) is larger, with a market cap of $181.7B versus $40.5B for Ares Management, about 4.5 times the size.
Is ARES or BLK cheaper?
On trailing earnings, BLK is cheaper at 25.5x versus 56.3x for ARES. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, ARES or BLK?
BLK returned +1.5% over the past year including dividends, versus -14.4% for ARES, through October 23, 2026.
Which pays a higher dividend, ARES or BLK?
ARES yields 4.42% versus 2.05% for BLK.
Full pages: Ares Management · BlackRock