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Side-by-side financial comparison of Ares Management Corp (ARES) and Cooper Companies (The) (COO). Click either name above to swap in a different company.

Ares Management Corp is the larger business by last-quarter revenue ($1.5B vs $1.1B, roughly 1.4× Cooper Companies (The)). Cooper Companies (The) runs the higher net margin — 7.9% vs 3.6%, a 4.3% gap on every dollar of revenue. On growth, Ares Management Corp posted the faster year-over-year revenue change (19.5% vs 4.6%). Over the past eight quarters, Ares Management Corp's revenue compounded faster (45.9% CAGR vs 6.9%).

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 Cooper Companies, Inc., branded as CooperCompanies, is a global medical device company headquartered in San Ramon, California. The company consists of two business units, CooperVision (CVI) which manufactures contact lenses, and CooperSurgical (CSI), which manufactures medical devices and fertility and genomic products for the women's healthcare market.

ARES vs COO — Head-to-Head

Bigger by revenue
ARES
ARES
1.4× larger
ARES
$1.5B
$1.1B
COO
Growing faster (revenue YoY)
ARES
ARES
+14.9% gap
ARES
19.5%
4.6%
COO
Higher net margin
COO
COO
4.3% more per $
COO
7.9%
3.6%
ARES
Faster 2-yr revenue CAGR
ARES
ARES
Annualised
ARES
45.9%
6.9%
COO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARES
ARES
COO
COO
Revenue
$1.5B
$1.1B
Net Profit
$54.2M
$84.6M
Gross Margin
61.1%
Operating Margin
13.7%
13.2%
Net Margin
3.6%
7.9%
Revenue YoY
19.5%
4.6%
Net Profit YoY
-69.4%
-28.0%
EPS (diluted)
$0.42

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
COO
COO
Q4 25
$1.5B
$1.1B
Q3 25
$1.7B
$1.1B
Q2 25
$1.4B
$1.0B
Q1 25
$1.1B
$964.7M
Q4 24
$1.3B
$1.0B
Q3 24
$1.1B
$1.0B
Q2 24
$788.7M
$942.6M
Q1 24
$707.4M
$931.6M
Net Profit
ARES
ARES
COO
COO
Q4 25
$54.2M
$84.6M
Q3 25
$288.9M
$98.3M
Q2 25
$137.1M
$87.7M
Q1 25
$47.2M
$104.3M
Q4 24
$177.3M
$117.5M
Q3 24
$118.5M
$104.7M
Q2 24
$94.9M
$88.9M
Q1 24
$73.0M
$81.2M
Gross Margin
ARES
ARES
COO
COO
Q4 25
61.1%
Q3 25
65.3%
Q2 25
67.8%
Q1 25
68.4%
Q4 24
66.5%
Q3 24
66.1%
Q2 24
67.0%
Q1 24
67.0%
Operating Margin
ARES
ARES
COO
COO
Q4 25
13.7%
13.2%
Q3 25
39.3%
16.6%
Q2 25
21.3%
18.4%
Q1 25
13.0%
18.9%
Q4 24
31.8%
19.5%
Q3 24
29.0%
19.2%
Q2 24
40.2%
17.2%
Q1 24
32.7%
16.4%
Net Margin
ARES
ARES
COO
COO
Q4 25
3.6%
7.9%
Q3 25
17.4%
9.3%
Q2 25
10.2%
8.7%
Q1 25
4.3%
10.8%
Q4 24
14.1%
11.5%
Q3 24
10.5%
10.4%
Q2 24
12.0%
9.4%
Q1 24
10.3%
8.7%
EPS (diluted)
ARES
ARES
COO
COO
Q4 25
$0.42
Q3 25
$0.49
Q2 25
$0.44
Q1 25
$0.52
Q4 24
$0.59
Q3 24
$0.52
Q2 24
$0.44
Q1 24
$0.41

Balance Sheet & Financial Strength

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

Metric
ARES
ARES
COO
COO
Cash + ST InvestmentsLiquidity on hand
$110.6M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$4.3B
$8.2B
Total Assets
$28.6B
$12.4B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARES
ARES
COO
COO
Q4 25
$110.6M
Q3 25
$124.9M
Q2 25
$116.2M
Q1 25
$100.9M
Q4 24
$107.6M
Q3 24
$109.7M
Q2 24
$112.4M
Q1 24
$135.2M
Total Debt
ARES
ARES
COO
COO
Q4 25
$2.5B
Q3 25
$2.4B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.7B
Q1 24
$2.7B
Stockholders' Equity
ARES
ARES
COO
COO
Q4 25
$4.3B
$8.2B
Q3 25
$4.5B
$8.4B
Q2 25
$4.4B
$8.3B
Q1 25
$4.5B
$8.1B
Q4 24
$3.5B
$8.1B
Q3 24
$2.1B
$7.9B
Q2 24
$2.0B
$7.8B
Q1 24
$1.8B
$7.7B
Total Assets
ARES
ARES
COO
COO
Q4 25
$28.6B
$12.4B
Q3 25
$27.0B
$12.4B
Q2 25
$27.3B
$12.4B
Q1 25
$27.2B
$12.2B
Q4 24
$24.9B
$12.3B
Q3 24
$24.5B
$12.1B
Q2 24
$24.2B
$12.0B
Q1 24
$24.4B
$12.0B
Debt / Equity
ARES
ARES
COO
COO
Q4 25
0.30×
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.31×
Q4 24
0.32×
Q3 24
0.33×
Q2 24
0.34×
Q1 24
0.35×

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
COO
COO
Operating Cash FlowLast quarter
$-483.7M
$247.9M
Free Cash FlowOCF − Capex
$149.9M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
9.2%
Cash ConversionOCF / Net Profit
-8.92×
2.93×
TTM Free Cash FlowTrailing 4 quarters
$433.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARES
ARES
COO
COO
Q4 25
$-483.7M
$247.9M
Q3 25
$1.3B
$261.4M
Q2 25
$415.7M
$96.2M
Q1 25
$2.0B
$190.6M
Q4 24
$807.6M
$268.1M
Q3 24
$841.3M
$207.5M
Q2 24
$432.2M
$111.0M
Q1 24
$710.0M
$122.7M
Free Cash Flow
ARES
ARES
COO
COO
Q4 25
$149.9M
Q3 25
$164.5M
Q2 25
$18.1M
Q1 25
$101.2M
Q4 24
$128.1M
Q3 24
$118.5M
Q2 24
$36.9M
Q1 24
$4.6M
FCF Margin
ARES
ARES
COO
COO
Q4 25
14.1%
Q3 25
15.5%
Q2 25
1.8%
Q1 25
10.5%
Q4 24
12.6%
Q3 24
11.8%
Q2 24
3.9%
Q1 24
0.5%
Capex Intensity
ARES
ARES
COO
COO
Q4 25
9.2%
Q3 25
9.1%
Q2 25
7.8%
Q1 25
9.3%
Q4 24
13.7%
Q3 24
8.9%
Q2 24
7.9%
Q1 24
12.7%
Cash Conversion
ARES
ARES
COO
COO
Q4 25
-8.92×
2.93×
Q3 25
4.64×
2.66×
Q2 25
3.03×
1.10×
Q1 25
42.28×
1.83×
Q4 24
4.55×
2.28×
Q3 24
7.10×
1.98×
Q2 24
4.55×
1.25×
Q1 24
9.72×
1.51×

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%

COO
COO

Sphere Other$365.0M34%
Toric And Multifocal$344.7M32%
Office And Surgical$214.5M20%
Fertility$140.9M13%

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