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BLK vs. TPG: BlackRock vs. TPG Stock Comparison

How do BlackRock (BLK) and TPG (TPG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

BlackRock (BLK) 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.

BlackRock (BLK) has more than two decades of public-market history since October 1, 1999, whereas TPG (TPG) listed on January 13, 2022 and has a much shorter record to draw on.

Company profile comparison for BlackRock (BLK) and TPG (TPG)
Profile ItemBLKTPG
NameBlackRock, Inc.TPG Inc. Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupFinancial ServicesFinancial Services
GICS IndustryCapital MarketsCapital Markets
GICS Sub-IndustryAsset Management & Custody BanksAsset Management & Custody Banks
Market Capitalization182.05 billion USD17.90 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateOctober 1, 1999January 13, 2022
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

BLK
TPG
GSPC
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BlackRock (BLK) vs. TPG (TPG), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for BlackRock (BLK) and TPG (TPG). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for BlackRock (BLK) and TPG (TPG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for BlackRock (BLK) and TPG (TPG)
MetricBLKTPG
Total Return (1Y)15.55%-7.34%
Total Return (3Y, Annualized)26.16%21.01%
Total Return (5Y, Annualized)7.41%--

Risk Profile

Drawdown History

BLK
TPG
GSPC
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BlackRock (BLK) vs. TPG (TPG), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for BlackRock (BLK) and TPG (TPG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for BlackRock (BLK) and TPG (TPG)
MetricBLKTPG
Volatility (1Y, Annualized)28.45%41.32%
Beta (5Y)1.341.45
Max Drawdown (5Y)-43.90%-44.85%
Avg. Volume (3M)600.75K2.82M

Risk-Adjusted Performance

Risk-Return Positioning

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BLK and TPG are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for BlackRock (BLK) and TPG (TPG)
MetricBLKTPG
Sharpe Ratio (1Y)0.40-0.28
Sortino Ratio (1Y)0.58-0.40

Profitability

ROE (TTM)

Both BlackRock (BLK) at 11.61% 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.

BLK

Financial Services industry group

11.61%

Max
44.78%
Q3
21.85%
Median
12.91%
BLK
11.61%
Q1
4.48%
Min
-18.71%

TPG

Financial Services industry group

19.19%

Max
44.78%
Q3
21.85%
TPG
19.19%
Median
12.91%
Q1
4.48%
Min
-18.71%
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BlackRock (BLK) vs. TPG (TPG): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Both BlackRock (BLK) at 24.22% and TPG (TPG) at 5.78% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

BLK

Financial Services industry group

24.22%

Max
62.84%
Q3
28.05%
BLK
24.22%
Median
15.36%
Q1
4.82%
Min
-28.52%

TPG

Financial Services industry group

5.78%

Max
62.84%
Q3
28.05%
Median
15.36%
TPG
5.78%
Q1
4.82%
Min
-28.52%
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BlackRock (BLK) vs. TPG (TPG): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both BlackRock (BLK) at 37.90% and TPG (TPG) at 16.57% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BLK

Financial Services industry group

37.90%

Max
107.33%
Q3
55.90%
BLK
37.90%
Median
30.09%
Q1
14.60%
Min
-44.34%

TPG

Financial Services industry group

16.57%

Max
107.33%
Q3
55.90%
Median
30.09%
TPG
16.57%
Q1
14.60%
Min
-44.34%
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BlackRock (BLK) vs. TPG (TPG): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for BlackRock (BLK) and TPG (TPG)
MetricBLKTPG
ROE (TTM)11.61%19.19%
ROA (TTM)3.85%5.36%
Net Margin (TTM)24.22%5.78%
Operating Margin (TTM)37.90%16.57%
Gross Margin (TTM)----

Growth

Revenue Growth

TPG (TPG) at 27.03% sits in the top revenue growth quartile, while BlackRock (BLK) at 18.67% is closer to the peer norm — faster top-line expansion for TPG.

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BlackRock (BLK) vs. TPG (TPG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: BlackRock (BLK) reports EPS growth of -15.95%, ranked against its industry; TPG (TPG) has no EPS growth figure this period.

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BlackRock (BLK) vs. TPG (TPG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for BlackRock (BLK) and TPG (TPG)
MetricBLKTPG
Revenue Growth (YoY)18.67%27.03%
Revenue Growth (3Y CAGR)10.65%29.51%
EPS Growth (YoY)-15.95%--
EPS Growth (3Y CAGR)1.30%--

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: BlackRock (BLK) 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 / Equity (MRQ)

debt-to-equity ratio is set aside for both: BlackRock (BLK) 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

Financial strength metrics for BlackRock (BLK) and TPG (TPG)
MetricBLKTPG
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

TPG (TPG) at 5.01% delivers top-quartile income for its industry, while BlackRock (BLK) at 1.91% pays a more typical yield — both are credible income propositions, TPG the richer one.

BLK

Financial Services industry group

1.91%

Max
9.77%
Q3
3.92%
BLK
1.91%
Median
1.09%
Q1
0.00%
Min
0.00%

TPG

Financial Services industry group

5.01%

Max
9.77%
TPG
5.01%
Q3
3.92%
Median
1.09%
Q1
0.00%
Min
0.00%
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BlackRock (BLK) vs. TPG (TPG): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

TPG (TPG) reports payout ratio above 100% at 254.55%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile BlackRock (BLK) reports 51.00%, ranking against industry peers normally.

BLK

Financial Services industry group

51.00%

Max
241.07%
Q3
97.36%
BLK
51.00%
Median
25.77%
Q1
0.00%
Min
0.00%

TPG

Financial Services industry group

254.55%

TPG
254.55%
Max
241.07%
Q3
97.36%
Median
25.77%
Q1
0.00%
Min
0.00%
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BlackRock (BLK) vs. TPG (TPG): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for BlackRock (BLK) and TPG (TPG)
MetricBLKTPG
Dividend Yield (TTM)1.91%5.01%
Dividend Payout Ratio (TTM)51.00%254.55%

Valuation

P/E Ratio (TTM)

Both look expensive on trailing earnings: BlackRock (BLK) at 26.84 sits in the richer P/E ratio quartile, and TPG (TPG) at 52.84 is richer still, above its industry range.

BLK

Financial Services industry group

26.84

Max
45.85
BLK
26.84
Q3
24.64
Median
15.37
Q1
9.68
Min
0.16

TPG

Financial Services industry group

52.84

TPG
52.84
Max
45.85
Q3
24.64
Median
15.37
Q1
9.68
Min
0.16
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BlackRock (BLK) vs. TPG (TPG): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

TPG (TPG) at 3.85 is priced about in line with its industry on P/S ratio, while BlackRock (BLK) at 6.38 sits in the pricier quartile — BLK costs more per dollar of sales.

BLK

Financial Services industry group

6.38

Max
9.23
BLK
6.38
Q3
4.57
Median
2.72
Q1
1.28
Min
-0.55

TPG

Financial Services industry group

3.85

Max
9.23
Q3
4.57
TPG
3.85
Median
2.72
Q1
1.28
Min
-0.55
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BlackRock (BLK) vs. TPG (TPG): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

BlackRock (BLK) at 3.14 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.

BLK

Financial Services industry group

3.14

Max
7.79
Q3
3.63
BLK
3.14
Median
1.57
Q1
0.81
Min
-0.39

TPG

Financial Services industry group

5.97

Max
7.79
TPG
5.97
Q3
3.63
Median
1.57
Q1
0.81
Min
-0.39
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BlackRock (BLK) vs. TPG (TPG): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for BlackRock (BLK) and TPG (TPG)
MetricBLKTPG
P/E Ratio (TTM)26.8452.84
P/S Ratio (TTM)6.383.85
P/B Ratio (MRQ)3.145.97
Free Cash Flow Yield (TTM)----