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Side-by-side financial comparison of Ares Management Corp (ARES) and Chemours Co (CC). Click either name above to swap in a different company.

Ares Management Corp is the larger business by last-quarter revenue ($1.5B vs $1.3B, roughly 1.1× Chemours Co). Ares Management Corp runs the higher net margin — 3.6% vs -3.5%, a 7.1% gap on every dollar of revenue. On growth, Ares Management Corp posted the faster year-over-year revenue change (19.5% vs -2.1%). Over the past eight quarters, Ares Management Corp's revenue compounded faster (45.9% CAGR vs -1.2%).

Ares Management Corporation is a global alternative investment manager operating in the credit, private equity and real estate markets. The company was founded in 1997, with additional offices across North America, Europe, and Asia.

The Chemours Company is an American chemical company that was founded in July 2015 as a spin-off from DuPont. It has its corporate headquarters in Wilmington, Delaware, United States. Chemours is the manufacturer of Teflon, the brand name of polytetrafluoroethylene (PTFE), known for its anti-stick properties. It also produces titanium dioxide and refrigerant gases.

ARES vs CC — Head-to-Head

Bigger by revenue
ARES
ARES
1.1× larger
ARES
$1.5B
$1.3B
CC
Growing faster (revenue YoY)
ARES
ARES
+21.6% gap
ARES
19.5%
-2.1%
CC
Higher net margin
ARES
ARES
7.1% more per $
ARES
3.6%
-3.5%
CC
Faster 2-yr revenue CAGR
ARES
ARES
Annualised
ARES
45.9%
-1.2%
CC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARES
ARES
CC
CC
Revenue
$1.5B
$1.3B
Net Profit
$54.2M
$-47.0M
Gross Margin
11.7%
Operating Margin
13.7%
Net Margin
3.6%
-3.5%
Revenue YoY
19.5%
-2.1%
Net Profit YoY
-69.4%
-261.5%
EPS (diluted)
$-0.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARES
ARES
CC
CC
Q4 25
$1.5B
$1.3B
Q3 25
$1.7B
$1.5B
Q2 25
$1.4B
$1.6B
Q1 25
$1.1B
$1.4B
Q4 24
$1.3B
$1.4B
Q3 24
$1.1B
$1.5B
Q2 24
$788.7M
$1.6B
Q1 24
$707.4M
$1.4B
Net Profit
ARES
ARES
CC
CC
Q4 25
$54.2M
$-47.0M
Q3 25
$288.9M
$46.0M
Q2 25
$137.1M
$-380.0M
Q1 25
$47.2M
$-5.0M
Q4 24
$177.3M
$-13.0M
Q3 24
$118.5M
$-32.0M
Q2 24
$94.9M
$60.0M
Q1 24
$73.0M
$54.0M
Gross Margin
ARES
ARES
CC
CC
Q4 25
11.7%
Q3 25
15.6%
Q2 25
17.2%
Q1 25
17.3%
Q4 24
19.4%
Q3 24
19.0%
Q2 24
19.8%
Q1 24
20.9%
Operating Margin
ARES
ARES
CC
CC
Q4 25
13.7%
Q3 25
39.3%
2.5%
Q2 25
21.3%
-15.4%
Q1 25
13.0%
Q4 24
31.8%
-0.1%
Q3 24
29.0%
-2.1%
Q2 24
40.2%
4.4%
Q1 24
32.7%
5.1%
Net Margin
ARES
ARES
CC
CC
Q4 25
3.6%
-3.5%
Q3 25
17.4%
3.1%
Q2 25
10.2%
-23.5%
Q1 25
4.3%
-0.4%
Q4 24
14.1%
-1.0%
Q3 24
10.5%
-2.1%
Q2 24
12.0%
3.9%
Q1 24
10.3%
4.0%
EPS (diluted)
ARES
ARES
CC
CC
Q4 25
$-0.32
Q3 25
$0.31
Q2 25
$-2.53
Q1 25
$-0.03
Q4 24
$-0.07
Q3 24
$-0.22
Q2 24
$0.39
Q1 24
$0.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARES
ARES
CC
CC
Cash + ST InvestmentsLiquidity on hand
$670.0M
Total DebtLower is stronger
$4.1B
Stockholders' EquityBook value
$4.3B
$250.0M
Total Assets
$28.6B
$7.4B
Debt / EquityLower = less leverage
16.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARES
ARES
CC
CC
Q4 25
$670.0M
Q3 25
$613.0M
Q2 25
$502.0M
Q1 25
$464.0M
Q4 24
$713.0M
Q3 24
$596.0M
Q2 24
$604.0M
Q1 24
$746.0M
Total Debt
ARES
ARES
CC
CC
Q4 25
$4.1B
Q3 25
$4.1B
Q2 25
$4.1B
Q1 25
$4.1B
Q4 24
$4.1B
Q3 24
$4.0B
Q2 24
$4.0B
Q1 24
$4.0B
Stockholders' Equity
ARES
ARES
CC
CC
Q4 25
$4.3B
$250.0M
Q3 25
$4.5B
$274.0M
Q2 25
$4.4B
$228.0M
Q1 25
$4.5B
$566.0M
Q4 24
$3.5B
$571.0M
Q3 24
$2.1B
$643.0M
Q2 24
$2.0B
$714.0M
Q1 24
$1.8B
$753.0M
Total Assets
ARES
ARES
CC
CC
Q4 25
$28.6B
$7.4B
Q3 25
$27.0B
$7.5B
Q2 25
$27.3B
$7.5B
Q1 25
$27.2B
$7.4B
Q4 24
$24.9B
$7.5B
Q3 24
$24.5B
$7.5B
Q2 24
$24.2B
$7.2B
Q1 24
$24.4B
$8.0B
Debt / Equity
ARES
ARES
CC
CC
Q4 25
16.40×
Q3 25
14.96×
Q2 25
17.99×
Q1 25
7.18×
Q4 24
7.11×
Q3 24
6.20×
Q2 24
5.53×
Q1 24
5.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARES
ARES
CC
CC
Operating Cash FlowLast quarter
$-483.7M
$137.0M
Free Cash FlowOCF − Capex
$92.0M
FCF MarginFCF / Revenue
6.9%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
-8.92×
TTM Free Cash FlowTrailing 4 quarters
$51.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARES
ARES
CC
CC
Q4 25
$-483.7M
$137.0M
Q3 25
$1.3B
$146.0M
Q2 25
$415.7M
$93.0M
Q1 25
$2.0B
$-112.0M
Q4 24
$807.6M
$138.0M
Q3 24
$841.3M
$139.0M
Q2 24
$432.2M
$-620.0M
Q1 24
$710.0M
$-290.0M
Free Cash Flow
ARES
ARES
CC
CC
Q4 25
$92.0M
Q3 25
$105.0M
Q2 25
$50.0M
Q1 25
$-196.0M
Q4 24
$29.0M
Q3 24
$63.0M
Q2 24
$-693.0M
Q1 24
$-392.0M
FCF Margin
ARES
ARES
CC
CC
Q4 25
6.9%
Q3 25
7.0%
Q2 25
3.1%
Q1 25
-14.3%
Q4 24
2.1%
Q3 24
4.2%
Q2 24
-44.6%
Q1 24
-28.8%
Capex Intensity
ARES
ARES
CC
CC
Q4 25
3.4%
Q3 25
2.7%
Q2 25
2.7%
Q1 25
6.1%
Q4 24
8.0%
Q3 24
5.0%
Q2 24
4.7%
Q1 24
7.5%
Cash Conversion
ARES
ARES
CC
CC
Q4 25
-8.92×
Q3 25
4.64×
3.17×
Q2 25
3.03×
Q1 25
42.28×
Q4 24
4.55×
Q3 24
7.10×
Q2 24
4.55×
-10.33×
Q1 24
9.72×
-5.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARES
ARES

Management Service$991.1M66%
Management Service Incentive$206.7M14%
Carried Interest$205.4M14%
Fee Related Performance Revenues$113.3M8%

CC
CC

Titanium Technologies$563.0M42%
Thermal And Specialized Solutions$443.0M33%
Advanced Performance Materials$312.0M23%
Other Non-Reportable Segment$12.0M1%

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