Affiliated Managers Group (AMG) vs Ares Capital (ARCC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Affiliated Managers Group (AMG) has outperformed Ares Capital (ARCC) over the past year, gaining 57.2% versus a loss of 7.1%. Over five years, AMG leads with a +135.6% price change compared with -12.3% for ARCC. Ares Capital is the larger company by market cap ($13.25 billion vs $9.75 billion), about 1.4 times the size.
On valuation, Affiliated Managers Group trades at a lower forward P/E (8.8x vs 9.5x for Ares Capital). Ares Capital offers the higher dividend yield (10.41% vs 0.01%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AMG | ARCC |
|---|---|---|
| Share price | $377.09 | $18.45 |
| Market cap | $9.75B | $13.25B |
| 1-day change | -0.69% | -1.02% |
| YTD return | +30.81% | -8.80% |
| 1-year return | +57.15% | -7.10% |
| 5-year return | +135.62% | -12.31% |
| P/E ratio (TTM) | 13.21 | 13.77 |
| Forward P/E | 8.81 | 9.54 |
| EPS (TTM) | $28.54 | $1.34 |
| Dividend yield | 0.01% | 10.41% |
| Annual dividend | $0.04 | $1.92 |
| Revenue (latest FY) | $2.07B | — |
| Revenue growth (YoY) | +1.64% | — |
| Net income (latest FY) | $716.60M | $1.30B |
| Net margin | 34.54% | — |
| 52-week high | $392.92 | $21.14 |
| 52-week low | $230.26 | $17.40 |
| Distance from 52-week high | -4.03% | -12.72% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +16.80% | +12.57% |
| Average volume | 275.71K | 4.46M |
| Shares outstanding | 25.86M | 718.02M |
| Employees | 5,600 | — |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AMG has outperformed ARCC by 64.3 percentage points over the past year.
- Ares Capital offers a meaningfully higher dividend yield (10.41% vs 0.01%).
About Affiliated Managers Group
AMG stock →Affiliated Managers Group, Inc., through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.
Financial Services · Asset Management · 5,600 employees
About Ares Capital
ARCC stock →Ares Capital Corporation is a business development company specializing in growth capital, acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing.
Financial Services · Asset Management
AMG vs ARCC FAQ
Which is bigger, Affiliated Managers Group or Ares Capital?
Ares Capital (ARCC) is larger, with a market capitalization of $13.25B compared with $9.75B for Affiliated Managers Group (AMG).
Which stock has performed better over the past year, AMG or ARCC?
AMG returned +57.15% over the past 12 months, compared with -7.10% for ARCC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AMG or ARCC?
AMG has the lower trailing P/E at 13.2, versus 13.8 for ARCC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Affiliated Managers Group or Ares Capital?
Ares Capital has the higher yield at 10.41%, compared with 0.01% for Affiliated Managers Group.
Are Affiliated Managers Group and Ares Capital in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.