Vision-Language Models (VLMs) are increasingly used in industry VLM applications such as retrieval systems, content generation platforms, and decision-support workflows, where model selection is commonly guided by benchmark rankings. These rankings are largely determined by retrieval, captioning, and reasoning downstream tasks; however, models with similar task performance often show substantially different behavior across datasets. This creates a Capability-Reliability Gap between benchmark performance and observed model stability. We present ARGUS-EVAL, a capability-reliability-oriented evaluation framework for VLMs that characterizes model behavior through Benchmark Capability P(M), Cross-Dataset Consistency CDC(M), Robustness Retention RR(M), and Efficiency E(M). We evaluate CLIP, BLIP, LXMERT, Gemma-3-4B, and Qwen-2.5VL-3B-Instruct across retrieval, captioning, and reasoning downstream tasks. The results reveal notable differences between capability-oriented and reliability-oriented rankings. Qwen-2.5VL-3BInstruct achieves the strongest overall capability (R@1 = 82.7%, BLEU-4 = 47.2%, CIDEr = 141.6, CDC = 0.91), whereas CLIP records the lowest latency (31 ms) and memory footprint (0.9 GB).

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