vs

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

Ares Management Corp is the larger business by last-quarter revenue ($1.5B vs $1.0B, roughly 1.5× JBT Marel Corp). JBT Marel Corp runs the higher net margin — 5.3% vs 3.6%, a 1.7% gap on every dollar of revenue. On growth, JBT Marel Corp posted the faster year-over-year revenue change (115.6% vs 19.5%). Over the past eight quarters, JBT Marel Corp's revenue compounded faster (60.3% CAGR vs 45.9%).

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.

JBT Marel Corporation, formerly known as JBT Corporation, or John Bean Technologies Corporation, is a food processing machinery and automated vehicle company. The company was incorporated in 2008 when FMC Technologies divested its non-energy businesses. The company is based in Chicago, Illinois and traces its history back to a company founded in 1884 by John Bean, an orchardist in Los Gatos, California.

ARES vs JBTM — Head-to-Head

Bigger by revenue
ARES
ARES
1.5× larger
ARES
$1.5B
$1.0B
JBTM
Growing faster (revenue YoY)
JBTM
JBTM
+96.0% gap
JBTM
115.6%
19.5%
ARES
Higher net margin
JBTM
JBTM
1.7% more per $
JBTM
5.3%
3.6%
ARES
Faster 2-yr revenue CAGR
JBTM
JBTM
Annualised
JBTM
60.3%
45.9%
ARES

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARES
ARES
JBTM
JBTM
Revenue
$1.5B
$1.0B
Net Profit
$54.2M
$53.1M
Gross Margin
34.5%
Operating Margin
13.7%
7.2%
Net Margin
3.6%
5.3%
Revenue YoY
19.5%
115.6%
Net Profit YoY
-69.4%
858.6%
EPS (diluted)
$1.04

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
JBTM
JBTM
Q4 25
$1.5B
$1.0B
Q3 25
$1.7B
$1.0B
Q2 25
$1.4B
$934.8M
Q1 25
$1.1B
$854.1M
Q4 24
$1.3B
$467.6M
Q3 24
$1.1B
$453.8M
Q2 24
$788.7M
$402.3M
Q1 24
$707.4M
$392.3M
Net Profit
ARES
ARES
JBTM
JBTM
Q4 25
$54.2M
$53.1M
Q3 25
$288.9M
$66.0M
Q2 25
$137.1M
$3.4M
Q1 25
$47.2M
$-173.0M
Q4 24
$177.3M
$-7.0M
Q3 24
$118.5M
$38.9M
Q2 24
$94.9M
$30.7M
Q1 24
$73.0M
$22.8M
Gross Margin
ARES
ARES
JBTM
JBTM
Q4 25
34.5%
Q3 25
35.9%
Q2 25
35.8%
Q1 25
34.2%
Q4 24
38.4%
Q3 24
36.1%
Q2 24
35.6%
Q1 24
35.8%
Operating Margin
ARES
ARES
JBTM
JBTM
Q4 25
13.7%
7.2%
Q3 25
39.3%
10.2%
Q2 25
21.3%
5.2%
Q1 25
13.0%
-3.9%
Q4 24
31.8%
3.4%
Q3 24
29.0%
10.3%
Q2 24
40.2%
6.7%
Q1 24
32.7%
7.4%
Net Margin
ARES
ARES
JBTM
JBTM
Q4 25
3.6%
5.3%
Q3 25
17.4%
6.6%
Q2 25
10.2%
0.4%
Q1 25
4.3%
-20.3%
Q4 24
14.1%
-1.5%
Q3 24
10.5%
8.6%
Q2 24
12.0%
7.6%
Q1 24
10.3%
5.8%
EPS (diluted)
ARES
ARES
JBTM
JBTM
Q4 25
$1.04
Q3 25
$1.26
Q2 25
$0.07
Q1 25
$-3.35
Q4 24
$-0.22
Q3 24
$1.21
Q2 24
$0.95
Q1 24
$0.71

Balance Sheet & Financial Strength

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

Metric
ARES
ARES
JBTM
JBTM
Cash + ST InvestmentsLiquidity on hand
$167.9M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$4.3B
$4.5B
Total Assets
$28.6B
$8.2B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARES
ARES
JBTM
JBTM
Q4 25
$167.9M
Q3 25
Q2 25
Q1 25
Q4 24
$1.2B
Q3 24
Q2 24
Q1 24
Total Debt
ARES
ARES
JBTM
JBTM
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$2.0B
Q4 24
$1.3B
Q3 24
$648.3M
Q2 24
$647.7M
Q1 24
$647.0M
Stockholders' Equity
ARES
ARES
JBTM
JBTM
Q4 25
$4.3B
$4.5B
Q3 25
$4.5B
$4.4B
Q2 25
$4.4B
$4.4B
Q1 25
$4.5B
$4.1B
Q4 24
$3.5B
$1.5B
Q3 24
$2.1B
$1.6B
Q2 24
$2.0B
$1.5B
Q1 24
$1.8B
$1.5B
Total Assets
ARES
ARES
JBTM
JBTM
Q4 25
$28.6B
$8.2B
Q3 25
$27.0B
$8.2B
Q2 25
$27.3B
$8.3B
Q1 25
$27.2B
$8.0B
Q4 24
$24.9B
$3.4B
Q3 24
$24.5B
$2.8B
Q2 24
$24.2B
$2.7B
Q1 24
$24.4B
$2.7B
Debt / Equity
ARES
ARES
JBTM
JBTM
Q4 25
0.33×
Q3 25
0.34×
Q2 25
0.35×
Q1 25
0.48×
Q4 24
0.81×
Q3 24
0.41×
Q2 24
0.43×
Q1 24
0.43×

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
JBTM
JBTM
Operating Cash FlowLast quarter
$-483.7M
$117.4M
Free Cash FlowOCF − Capex
$83.5M
FCF MarginFCF / Revenue
8.3%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
-8.92×
2.21×
TTM Free Cash FlowTrailing 4 quarters
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARES
ARES
JBTM
JBTM
Q4 25
$-483.7M
$117.4M
Q3 25
$1.3B
$87.7M
Q2 25
$415.7M
$102.2M
Q1 25
$2.0B
$34.4M
Q4 24
$807.6M
$128.7M
Q3 24
$841.3M
$71.9M
Q2 24
$432.2M
$21.6M
Q1 24
$710.0M
$10.4M
Free Cash Flow
ARES
ARES
JBTM
JBTM
Q4 25
$83.5M
Q3 25
$56.5M
Q2 25
$83.7M
Q1 25
$14.4M
Q4 24
$118.7M
Q3 24
$65.0M
Q2 24
$11.1M
Q1 24
$-100.0K
FCF Margin
ARES
ARES
JBTM
JBTM
Q4 25
8.3%
Q3 25
5.6%
Q2 25
9.0%
Q1 25
1.7%
Q4 24
25.4%
Q3 24
14.3%
Q2 24
2.8%
Q1 24
-0.0%
Capex Intensity
ARES
ARES
JBTM
JBTM
Q4 25
3.4%
Q3 25
3.1%
Q2 25
2.0%
Q1 25
2.3%
Q4 24
2.1%
Q3 24
1.5%
Q2 24
2.6%
Q1 24
2.7%
Cash Conversion
ARES
ARES
JBTM
JBTM
Q4 25
-8.92×
2.21×
Q3 25
4.64×
1.33×
Q2 25
3.03×
30.06×
Q1 25
42.28×
Q4 24
4.55×
Q3 24
7.10×
1.85×
Q2 24
4.55×
0.70×
Q1 24
9.72×
0.46×

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%

JBTM
JBTM

Segment breakdown not available.

Related Comparisons