EQH vs. TPG: Equitable vs. TPG Stock Comparison
How do Equitable (EQH) 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
Equitable (EQH) and TPG (TPG) both fall under the Financial Services industry group, but EQH is classified in Financial Services while TPG is classified in Capital Markets.
| Profile Item | EQH | TPG |
|---|---|---|
| Name | Equitable Holdings Inc. | TPG Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Financial Services | Capital Markets |
| GICS Sub-Industry | Diversified Financial Services | Asset Management & Custody Banks |
| Market Capitalization | 14.04 billion USD | 17.90 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | May 10, 2018 | January 13, 2022 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EQH | TPG |
|---|---|---|
| Total Return (1Y) | 26.35% | -7.34% |
| Total Return (3Y, Annualized) | 32.07% | 21.01% |
| Total Return (5Y, Annualized) | 12.88% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EQH | TPG |
|---|---|---|
| Volatility (1Y, Annualized) | 33.44% | 41.32% |
| Beta (5Y) | 1.04 | 1.45 |
| Max Drawdown (5Y) | -35.85% | -44.85% |
| Avg. Volume (3M) | 2.71M | 2.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EQH | TPG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.66 | -0.28 |
| Sortino Ratio (1Y) | 0.94 | -0.40 |
Profitability
ROE (TTM)
Equitable (EQH) at 171.08% clears its industry range for ROE, a sharper capital-efficiency signal than TPG (TPG) at 19.19%, which is closer to a typical peer reading.
EQH
Financial Services industry group
171.08%
- EQH
- 171.08%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- 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%
Net Margin (TTM)
Both Equitable (EQH) at 11.52% 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.
EQH
Financial Services industry group
11.52%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- EQH
- 11.52%
- 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%
Operating Margin (TTM)
Both Equitable (EQH) at 37.18% and TPG (TPG) at 16.57% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
EQH
Financial Services industry group
37.18%
- Max
- 107.33%
- Q3
- 55.90%
- EQH
- 37.18%
- 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%
Profitability Metrics
| Metric | EQH | TPG |
|---|---|---|
| ROE (TTM) | 171.08% | 19.19% |
| ROA (TTM) | 0.45% | 5.36% |
| Net Margin (TTM) | 11.52% | 5.78% |
| Operating Margin (TTM) | 37.18% | 16.57% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
TPG (TPG) at 27.03% sits in the top revenue growth quartile, while Equitable (EQH) at -6.12% is in the bottom quartile, showing a clear gap in revenue momentum.
EPS Growth
Only one side can be read here: Equitable (EQH) reports EPS growth of -227.78%, ranked against its industry; TPG (TPG) has no EPS growth figure this period.
Growth Metrics
| Metric | EQH | TPG |
|---|---|---|
| Revenue Growth (YoY) | -6.12% | 27.03% |
| Revenue Growth (3Y CAGR) | -2.65% | 29.51% |
| EPS Growth (YoY) | -227.78% | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Equitable (EQH) 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: Equitable (EQH) 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
| Metric | EQH | TPG |
|---|---|---|
| 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 Equitable (EQH) at 0.51% pays a more typical yield — both are credible income propositions, TPG the richer one.
EQH
Financial Services industry group
0.51%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- EQH
- 0.51%
- 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%
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 Equitable (EQH) reports 22.49%, ranking against industry peers normally.
EQH
Financial Services industry group
22.49%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- EQH
- 22.49%
- 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%
Dividend Metrics
| Metric | EQH | TPG |
|---|---|---|
| Dividend Yield (TTM) | 0.51% | 5.01% |
| Dividend Payout Ratio (TTM) | 22.49% | 254.55% |
Valuation
P/E Ratio (TTM)
Equitable (EQH) at 10.39 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.
EQH
Financial Services industry group
10.39
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- EQH
- 10.39
- 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
P/S Ratio (TTM)
Equitable (EQH) at 1.08 sits in the cheaper P/S ratio quartile while TPG (TPG) at 3.85 prices around its industry’s middle — EQH costs less per dollar of sales, though read it alongside growth and margins.
EQH
Financial Services industry group
1.08
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- EQH
- 1.08
- 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
P/B Ratio (MRQ)
Equitable (EQH) reports a negative P/B ratio of -4.92, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile TPG (TPG) reports 5.97, ranking against industry peers normally.
EQH
Financial Services industry group
-4.92
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
- EQH
- -4.92
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
Valuation Metrics
| Metric | EQH | TPG |
|---|---|---|
| P/E Ratio (TTM) | 10.39 | 52.84 |
| P/S Ratio (TTM) | 1.08 | 3.85 |
| P/B Ratio (MRQ) | -4.92 | 5.97 |
| Free Cash Flow Yield (TTM) | -- | -- |