ARES vs. FTNT
Compare and contrast key facts about Ares Management Corporation (ARES) and Fortinet, Inc. (FTNT).
Performance
ARES vs. FTNT - Performance Comparison
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ARES vs. FTNT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARES Ares Management Corporation | -31.58% | -5.72% | 52.68% | 79.52% | -12.75% | 77.75% | 37.37% | 110.13% | -5.54% | 10.72% |
FTNT Fortinet, Inc. | 2.91% | -15.95% | 61.42% | 19.72% | -31.98% | 141.97% | 39.13% | 51.58% | 61.20% | 45.05% |
Fundamentals
ARES:
$24.13B
FTNT:
$61.13B
ARES:
$2.40
FTNT:
$2.42
ARES:
45.51
FTNT:
33.70
ARES:
1.82
FTNT:
0.93
ARES:
3.71
FTNT:
9.19
ARES:
3.36
FTNT:
49.40
ARES:
$6.47B
FTNT:
$6.80B
ARES:
$2.74B
FTNT:
$5.50B
ARES:
$2.24B
FTNT:
$2.35B
Returns By Period
In the year-to-date period, ARES achieves a -31.58% return, which is significantly lower than FTNT's 2.91% return. Over the past 10 years, ARES has underperformed FTNT with an annualized return of 26.86%, while FTNT has yielded a comparatively higher 29.42% annualized return.
ARES
- 1D
- 1.34%
- 1M
- -1.27%
- YTD
- -31.58%
- 6M
- -30.05%
- 1Y
- -22.71%
- 3Y*
- 12.80%
- 5Y*
- 17.27%
- 10Y*
- 26.86%
FTNT
- 1D
- 3.38%
- 1M
- 3.40%
- YTD
- 2.91%
- 6M
- -2.81%
- 1Y
- -15.10%
- 3Y*
- 7.13%
- 5Y*
- 17.00%
- 10Y*
- 29.42%
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Return for Risk
ARES vs. FTNT — Risk / Return Rank
ARES
FTNT
ARES vs. FTNT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ares Management Corporation (ARES) and Fortinet, Inc. (FTNT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ARES | FTNT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.49 | -0.36 | -0.14 |
Sortino ratioReturn per unit of downside risk | -0.43 | -0.21 | -0.22 |
Omega ratioGain probability vs. loss probability | 0.94 | 0.97 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | -0.44 | -0.49 | +0.04 |
Martin ratioReturn relative to average drawdown | -1.13 | -0.75 | -0.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ARES | FTNT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.49 | -0.36 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.40 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.74 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.65 | -0.05 |
Correlation
The correlation between ARES and FTNT is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
ARES vs. FTNT - Dividend Comparison
ARES's dividend yield for the trailing twelve months is around 5.09%, while FTNT has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARES Ares Management Corporation | 5.09% | 3.29% | 2.10% | 2.59% | 3.57% | 2.31% | 3.40% | 3.59% | 7.50% | 5.65% | 4.32% | 6.81% |
FTNT Fortinet, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ARES vs. FTNT - Drawdown Comparison
The maximum ARES drawdown since its inception was -49.73%, roughly equal to the maximum FTNT drawdown of -51.20%. Use the drawdown chart below to compare losses from any high point for ARES and FTNT.
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Drawdown Indicators
| ARES | FTNT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.73% | -51.20% | +1.47% |
Max Drawdown (1Y)Largest decline over 1 year | -49.05% | -31.56% | -17.49% |
Max Drawdown (5Y)Largest decline over 5 years | -49.73% | -38.32% | -11.41% |
Max Drawdown (10Y)Largest decline over 10 years | -49.73% | -38.32% | -11.41% |
Current DrawdownCurrent decline from peak | -42.39% | -28.67% | -13.72% |
Average DrawdownAverage peak-to-trough decline | -10.90% | -16.25% | +5.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.30% | 20.59% | -1.29% |
Volatility
ARES vs. FTNT - Volatility Comparison
Ares Management Corporation (ARES) has a higher volatility of 14.86% compared to Fortinet, Inc. (FTNT) at 9.12%. This indicates that ARES's price experiences larger fluctuations and is considered to be riskier than FTNT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARES | FTNT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.86% | 9.12% | +5.74% |
Volatility (6M)Calculated over the trailing 6-month period | 33.31% | 22.14% | +11.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.21% | 42.37% | +3.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.85% | 42.52% | -5.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.36% | 40.13% | -3.77% |
Financials
ARES vs. FTNT - Financials Comparison
This section allows you to compare key financial metrics between Ares Management Corporation and Fortinet, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ARES vs. FTNT - Profitability Comparison
ARES - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Ares Management Corporation reported a gross profit of 601.15M and revenue of 2.37B. Therefore, the gross margin over that period was 25.3%.
FTNT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Fortinet, Inc. reported a gross profit of 1.52B and revenue of 1.91B. Therefore, the gross margin over that period was 79.6%.
ARES - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Ares Management Corporation reported an operating income of 1.12B and revenue of 2.37B, resulting in an operating margin of 47.4%.
FTNT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Fortinet, Inc. reported an operating income of 625.60M and revenue of 1.91B, resulting in an operating margin of 32.8%.
ARES - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Ares Management Corporation reported a net income of 54.25M and revenue of 2.37B, resulting in a net margin of 2.3%.
FTNT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Fortinet, Inc. reported a net income of 506.00M and revenue of 1.91B, resulting in a net margin of 26.6%.