Ares Management (ARES) vs Blue Owl Capital (OBDC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Blue Owl Capital (OBDC) has outperformed Ares Management (ARES) over the past year, losing 17.3% versus a loss of 20.4%. Over five years, ARES leads with a +52.8% price change compared with -29.9% for OBDC. Ares Management is the larger company by market cap ($38.89 billion vs $5.02 billion), about 7.8 times the size.
On valuation, Blue Owl Capital trades at a lower forward P/E (7.7x vs 16.4x for Ares Management). Blue Owl Capital offers the higher dividend yield (14.05% vs 4.21%).
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 | ARES | OBDC |
|---|---|---|
| Share price | $117.22 | $10.11 |
| Market cap | $38.89B | $5.02B |
| 1-day change | +0.83% | -0.59% |
| YTD return | -27.48% | -18.66% |
| 1-year return | -20.40% | -17.33% |
| 5-year return | +52.77% | -29.89% |
| P/E ratio (TTM) | 54.02 | 18.05 |
| Forward P/E | 16.42 | 7.73 |
| EPS (TTM) | $2.17 | $0.56 |
| Dividend yield | 4.21% | 14.05% |
| Annual dividend | $4.94 | $1.42 |
| Revenue (latest FY) | $4.76B | — |
| Revenue growth (YoY) | +28.86% | — |
| Net income (latest FY) | $527.36M | $627.41M |
| Net margin | 11.09% | — |
| 52-week high | $181.19 | $13.58 |
| 52-week low | $95.80 | $9.82 |
| Distance from 52-week high | -35.31% | -25.52% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +25.11% | +30.27% |
| Average volume | 2.18M | 3.74M |
| Shares outstanding | 223.96M | 496.31M |
| Employees | 4,343 | — |
| Sector | Finance | Finance |
| Industry | Investment Managers | Diversified Financial Services |
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
- Ares Management is about 7.8 times larger than Blue Owl Capital by market value ($38.89B vs $5.02B).
- Ares Management trades at a higher earnings multiple (54.0x vs 18.1x trailing P/E).
- Blue Owl Capital offers a meaningfully higher dividend yield (14.05% vs 4.21%).
About Ares Management
ARES stock →Ares Management Corporation operates as an alternative asset manager. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies.
Finance · Investment Managers · 4,343 employees
About Blue Owl Capital
OBDC stock →Blue Owl Capital Corporation is a Private Debt, business development company That specializes in direct and fund of fund investments. The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and second lien term loans and common equity investments.
Finance · Diversified Financial Services
ARES vs OBDC FAQ
Which is bigger, Ares Management or Blue Owl Capital?
Ares Management (ARES) is larger, with a market capitalization of $38.89B compared with $5.02B for Blue Owl Capital (OBDC).
Which stock has performed better over the past year, ARES or OBDC?
OBDC returned -17.33% over the past 12 months, compared with -20.40% for ARES (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ARES or OBDC?
OBDC has the lower trailing P/E at 18.1, versus 54.0 for ARES. 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, Ares Management or Blue Owl Capital?
Blue Owl Capital has the higher yield at 14.05%, compared with 4.21% for Ares Management.
Are Ares Management and Blue Owl Capital in the same industry?
Both are in the Finance sector, but in different industries: Investment Managers for Ares Management and Diversified Financial Services for Blue Owl Capital.