Ares Management (ARES) vs T. Rowe Price Group (TROW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
T. Rowe Price Group (TROW) has outperformed Ares Management (ARES) over the past year, losing 1.6% versus a loss of 22.1%. Over five years, ARES leads with a +50.9% price change compared with -47.9% for TROW. Ares Management is the larger company by market cap ($38.40 billion vs $22.20 billion), about 1.7 times the size.
On valuation, T. Rowe Price Group trades at a lower forward P/E (10.1x vs 16.2x for Ares Management). T. Rowe Price Group offers the higher dividend yield (4.94% vs 4.27%). T. Rowe Price Group converts more of its revenue into profit, with a net margin of 28.5% versus 11.1%.
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 | TROW |
|---|---|---|
| Share price | $115.75 | $104.07 |
| Market cap | $38.40B | $22.20B |
| 1-day change | -1.69% | +0.45% |
| YTD return | -28.39% | +1.65% |
| 1-year return | -22.13% | -1.62% |
| 5-year return | +50.85% | -47.90% |
| P/E ratio (TTM) | 54.34 | 10.40 |
| Forward P/E | 16.21 | 10.09 |
| EPS (TTM) | $2.13 | $10.01 |
| Dividend yield | 4.27% | 4.94% |
| Annual dividend | $4.94 | $5.14 |
| Revenue (latest FY) | $4.76B | $7.31B |
| Revenue growth (YoY) | +28.86% | +3.12% |
| Net income (latest FY) | $527.36M | $2.09B |
| Operating margin | — | 29.92% |
| Net margin | 11.09% | 28.53% |
| 52-week high | $181.19 | $122.00 |
| 52-week low | $95.80 | $85.22 |
| Distance from 52-week high | -36.12% | -14.70% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +26.70% | +3.11% |
| Average volume | 2.16M | 1.68M |
| Shares outstanding | 223.96M | 213.32M |
| Employees | 4,343 | 7,544 |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
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
- TROW has outperformed ARES by 20.5 percentage points over the past year.
- Ares Management trades at a higher earnings multiple (54.3x vs 10.4x trailing P/E).
- T. Rowe Price Group is more profitable, keeping 28.5 cents of every revenue dollar as net income versus 11.1 cents for Ares Management.
- Ares Management grew revenue faster in its latest fiscal year (+28.86% vs +3.12%).
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 T. Rowe Price Group
TROW stock →T. Rowe Price Group, Inc.
Finance · Investment Managers · 7,544 employees
ARES vs TROW FAQ
Which is bigger, Ares Management or T. Rowe Price Group?
Ares Management (ARES) is larger, with a market capitalization of $38.40B compared with $22.20B for T. Rowe Price Group (TROW).
Which stock has performed better over the past year, ARES or TROW?
TROW returned -1.62% over the past 12 months, compared with -22.13% for ARES (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ARES or TROW?
TROW has the lower trailing P/E at 10.4, versus 54.3 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 T. Rowe Price Group?
T. Rowe Price Group has the higher yield at 4.94%, compared with 4.27% for Ares Management.
Are Ares Management and T. Rowe Price Group in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.