ARCC vs. TPG: Ares Capital vs. TPG Stock Comparison

Company Profile

Ares Capital (ARCC) and TPG (TPG) are both classified in the Asset Management & Custody Banks sub-industry within the broader Capital Markets industry, placing them in the closest GICS peer bucket.

Ares Capital (ARCC) has more than two decades of public-market history since October 5, 2004, whereas TPG (TPG) listed on January 13, 2022 and has a much shorter record to draw on.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

TPG (TPG) has an aggressive beta of 1.45, indicating higher sensitivity to broad-market moves, while Ares Capital (ARCC) is defensive at 0.59 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Ares Capital (ARCC) at 6.19% and TPG (TPG) at 19.19% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

Ares Capital (ARCC) at 28.35% retains a top-quartile share of revenue as profit, ahead of TPG (TPG) at 5.78%, which keeps about the industry-typical share.

Ares Capital (ARCC) at 72.74% operates in the top operating margin quartile, ahead of TPG (TPG) at 16.57%, which runs around its industry’s norm.

Profitability Metrics

Growth

TPG (TPG) at 27.03% sits in the top revenue growth quartile, while Ares Capital (ARCC) at -12.08% is in the bottom quartile, showing a clear gap in revenue momentum.

Only one side can be read here: Ares Capital (ARCC) reports EPS growth of -23.77%, ranked against its industry; TPG (TPG) has no EPS growth figure this period.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Ares Capital (ARCC) in Financial Services and TPG (TPG) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: Ares Capital (ARCC) in Financial Services and TPG (TPG) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

TPG (TPG) at 5.01% earns its spot in the top quartile of its industry’s yields; Ares Capital (ARCC) at 9.92% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

Both Ares Capital (ARCC) at 157.38% and TPG (TPG) at 254.55% report payout ratio above 100%, meaning dividends exceeded current-period earnings on both sides.

Dividend Metrics

Valuation

Ares Capital (ARCC) at 15.68 is near its industry’s usual P/E ratio, while TPG (TPG) at 52.84 sits above its peer range — an unusually expensive price for TPG’s trailing earnings.

On P/S ratio, both Ares Capital (ARCC) at 4.48 and TPG (TPG) at 3.85 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

Ares Capital (ARCC) at 0.99 is valued about in line with its industry on P/B ratio, while TPG (TPG) at 5.97 carries an above-peer premium to book — TPG is pricier on assets.

Valuation Metrics