The differential heating of electrons and ions by turbulence in weakly collisional magnetized plasmas and the scales at which such energy dissipation is most effective are still debated. Using a large data sample measured in Earth’s magnetosheath by the magnetospheric multiscale mission and the coarse-grained energy equations derived from the Vlasov-Maxwell system, we find evidence of a balance over two decades in scales between the energy cascade and dissipation rates. The decline of the cascade rate at kinetic scales (in contrast with a constant one in the inertial range), is balanced by an increasing ion and electron heating rates, estimated via the pressure strain. Ion scales are found to contribute most effectively to ion heating, while electron heating originates from both ion and electron scales. These results can potentially impact the current understanding of particle heating in turbulent magnetized plasmas as well as their theoretical and numerical modeling.