FTNT vs. ARES
Compare and contrast key facts about Fortinet, Inc. (FTNT) and Ares Management Corporation (ARES).
Performance
FTNT vs. ARES - Performance Comparison
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FTNT vs. ARES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTNT Fortinet, Inc. | 2.19% | -15.95% | 61.42% | 19.72% | -31.98% | 141.97% | 39.13% | 51.58% | 61.20% | 45.05% |
ARES Ares Management Corporation | -33.65% | -5.72% | 52.68% | 79.52% | -12.75% | 77.75% | 37.37% | 110.13% | -5.54% | 10.72% |
Fundamentals
FTNT:
$60.70B
ARES:
$23.40B
FTNT:
$2.42
ARES:
$2.40
FTNT:
33.47
ARES:
44.13
FTNT:
0.93
ARES:
1.76
FTNT:
9.12
ARES:
3.60
FTNT:
49.05
ARES:
3.26
FTNT:
$6.80B
ARES:
$6.47B
FTNT:
$5.50B
ARES:
$2.74B
FTNT:
$2.35B
ARES:
$2.24B
Returns By Period
In the year-to-date period, FTNT achieves a 2.19% return, which is significantly higher than ARES's -33.65% return. Over the past 10 years, FTNT has outperformed ARES with an annualized return of 29.33%, while ARES has yielded a comparatively lower 26.47% annualized return.
FTNT
- 1D
- -0.70%
- 1M
- 2.49%
- YTD
- 2.19%
- 6M
- -4.73%
- 1Y
- -16.05%
- 3Y*
- 6.88%
- 5Y*
- 16.83%
- 10Y*
- 29.33%
ARES
- 1D
- -3.02%
- 1M
- -5.40%
- YTD
- -33.65%
- 6M
- -29.63%
- 1Y
- -26.47%
- 3Y*
- 11.65%
- 5Y*
- 16.55%
- 10Y*
- 26.47%
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Return for Risk
FTNT vs. ARES — Risk / Return Rank
FTNT
ARES
FTNT vs. ARES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortinet, Inc. (FTNT) and Ares Management Corporation (ARES). 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.
| FTNT | ARES | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.38 | -0.57 | +0.19 |
Sortino ratioReturn per unit of downside risk | -0.24 | -0.57 | +0.33 |
Omega ratioGain probability vs. loss probability | 0.96 | 0.92 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | -0.50 | -0.51 | +0.01 |
Martin ratioReturn relative to average drawdown | -0.76 | -1.29 | +0.52 |
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
| FTNT | ARES | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.38 | -0.57 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.45 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.73 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.59 | +0.06 |
Correlation
The correlation between FTNT and ARES 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
FTNT vs. ARES - Dividend Comparison
FTNT has not paid dividends to shareholders, while ARES's dividend yield for the trailing twelve months is around 5.25%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ARES Ares Management Corporation | 5.25% | 3.29% | 2.10% | 2.59% | 3.57% | 2.31% | 3.40% | 3.59% | 7.50% | 5.65% | 4.32% | 6.81% |
Drawdowns
FTNT vs. ARES - Drawdown Comparison
The maximum FTNT drawdown since its inception was -51.20%, roughly equal to the maximum ARES drawdown of -49.73%. Use the drawdown chart below to compare losses from any high point for FTNT and ARES.
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Drawdown Indicators
| FTNT | ARES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.20% | -49.73% | -1.47% |
Max Drawdown (1Y)Largest decline over 1 year | -31.56% | -49.05% | +17.49% |
Max Drawdown (5Y)Largest decline over 5 years | -38.32% | -49.73% | +11.41% |
Max Drawdown (10Y)Largest decline over 10 years | -38.32% | -49.73% | +11.41% |
Current DrawdownCurrent decline from peak | -29.17% | -44.13% | +14.96% |
Average DrawdownAverage peak-to-trough decline | -16.25% | -10.91% | -5.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.65% | 19.49% | +1.16% |
Volatility
FTNT vs. ARES - Volatility Comparison
The current volatility for Fortinet, Inc. (FTNT) is 8.84%, while Ares Management Corporation (ARES) has a volatility of 15.15%. This indicates that FTNT experiences smaller price fluctuations and is considered to be less risky than ARES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTNT | ARES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.84% | 15.15% | -6.31% |
Volatility (6M)Calculated over the trailing 6-month period | 22.14% | 33.37% | -11.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.38% | 46.29% | -3.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.52% | 36.85% | +5.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.12% | 36.37% | +3.75% |
Financials
FTNT vs. ARES - Financials Comparison
This section allows you to compare key financial metrics between Fortinet, Inc. and Ares Management Corporation. 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
FTNT vs. ARES - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.