Stocks Comparison
Ares Management vs Blackstone: revenue, profit, margins and growth compared
Ares Management brought in $5.6B of revenue in fiscal 2025, Blackstone $14.5B in fiscal 2025. Revenue changed by +44.2% at Ares Management and +9.2% at Blackstone on the year before, so Ares Management grew faster. Ares Management kept 9.4% of its revenue as net profit, Blackstone 20.9%.
Side by side, latest fiscal year
| ARES | BX | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $5.6B | $14.5B |
| Revenue growth | +44.2% | +9.2% |
| Net income | $527.4M | $3B |
| Net margin | 9.4% | 20.9% |
| Free cash flow | n/a | $4.5B |
| Free cash flow margin | n/a | 31.5% |
| Earnings per share (diluted) | n/a | $3.87 |
| Cash | $488.9M | $2.6B |
| Debt | n/a | $12.6B |
| Price to earnings | n/a | 30.6 |
| Market value | $40.3B | $88.9B |
| Dividend yield | n/a | 3.96% |
| Rank by revenue in sector | #93 of 444 · Finance | #46 of 444 · Finance |
Over the years
Questions about Ares Management and Blackstone
Which is bigger by revenue, Ares Management or Blackstone?
Blackstone is bigger by revenue: $14.5B in fiscal 2025, against $5.6B for Ares Management in fiscal 2025.
Which keeps more of its revenue as profit, Ares Management or Blackstone?
Ares Management had a net margin of 9.4% in fiscal 2025; Blackstone had 20.9% in fiscal 2025.
Which grew revenue faster, Ares Management or Blackstone?
In their latest fiscal years revenue changed by +44.2% at Ares Management and +9.2% at Blackstone.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.