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HLI vs. TPG: Houlihan Lokey vs. TPG Stock Comparison

How do Houlihan Lokey (HLI) 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

Houlihan Lokey (HLI) and TPG (TPG) both belong to the Capital Markets industry, though HLI is classified under Investment Banking & Brokerage while TPG falls under Asset Management & Custody Banks.

Company profile comparison for Houlihan Lokey (HLI) and TPG (TPG)
Profile ItemHLITPG
NameHoulihan Lokey, Inc.TPG Inc. Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupFinancial ServicesFinancial Services
GICS IndustryCapital MarketsCapital Markets
GICS Sub-IndustryInvestment Banking & BrokerageAsset Management & Custody Banks
Market Capitalization10.13 billion USD17.90 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateAugust 13, 2015January 13, 2022
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

HLI
TPG
GSPC
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Houlihan Lokey (HLI) 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 Houlihan Lokey (HLI) and TPG (TPG). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Houlihan Lokey (HLI) and TPG (TPG)
MetricHLITPG
Total Return (1Y)-16.23%-7.34%
Total Return (3Y, Annualized)15.13%21.01%
Total Return (5Y, Annualized)6.74%--

Risk Profile

Drawdown History

HLI
TPG
GSPC
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Houlihan Lokey (HLI) 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 Houlihan Lokey (HLI) and TPG (TPG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Houlihan Lokey (HLI) and TPG (TPG)
MetricHLITPG
Volatility (1Y, Annualized)31.00%41.32%
Beta (5Y)0.871.45
Max Drawdown (5Y)-40.30%-44.85%
Avg. Volume (3M)816.85K2.82M

Risk-Adjusted Performance

Risk-Return Positioning

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HLI 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 Houlihan Lokey (HLI) and TPG (TPG)
MetricHLITPG
Sharpe Ratio (1Y)-0.66-0.28
Sortino Ratio (1Y)-0.91-0.40

Profitability

ROE (TTM)

Both Houlihan Lokey (HLI) at 17.29% 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.

HLI

Financial Services industry group

17.29%

Max
44.78%
Q3
21.85%
HLI
17.29%
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%
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Houlihan Lokey (HLI) vs. TPG (TPG): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Both Houlihan Lokey (HLI) at 15.80% 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.

HLI

Financial Services industry group

15.80%

Max
62.84%
Q3
28.05%
HLI
15.80%
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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Houlihan Lokey (HLI) vs. TPG (TPG): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both Houlihan Lokey (HLI) at 24.42% and TPG (TPG) at 16.57% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

HLI

Financial Services industry group

24.42%

Max
107.33%
Q3
55.90%
Median
30.09%
HLI
24.42%
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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Houlihan Lokey (HLI) vs. TPG (TPG): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Houlihan Lokey (HLI) and TPG (TPG)
MetricHLITPG
ROE (TTM)17.29%19.19%
ROA (TTM)10.38%5.36%
Net Margin (TTM)15.80%5.78%
Operating Margin (TTM)24.42%16.57%
Gross Margin (TTM)----

Growth

Revenue Growth

TPG (TPG) at 27.03% sits in the top revenue growth quartile, while Houlihan Lokey (HLI) at 9.55% is closer to the peer norm — faster top-line expansion for TPG.

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Houlihan Lokey (HLI) vs. TPG (TPG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Houlihan Lokey (HLI) reports EPS growth of 6.87%, ranked against its industry; TPG (TPG) has no EPS growth figure this period.

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Houlihan Lokey (HLI) vs. TPG (TPG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Houlihan Lokey (HLI) and TPG (TPG)
MetricHLITPG
Revenue Growth (YoY)9.55%27.03%
Revenue Growth (3Y CAGR)13.10%29.51%
EPS Growth (YoY)6.87%--
EPS Growth (3Y CAGR)16.05%--

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Houlihan Lokey (HLI) 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: Houlihan Lokey (HLI) 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 Houlihan Lokey (HLI) and TPG (TPG)
MetricHLITPG
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 Houlihan Lokey (HLI) at 1.77% pays a more typical yield — both are credible income propositions, TPG the richer one.

HLI

Financial Services industry group

1.77%

Max
9.77%
Q3
3.92%
HLI
1.77%
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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Houlihan Lokey (HLI) 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 Houlihan Lokey (HLI) reports 43.62%, ranking against industry peers normally.

HLI

Financial Services industry group

43.62%

Max
241.07%
Q3
97.36%
HLI
43.62%
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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Houlihan Lokey (HLI) vs. TPG (TPG): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Houlihan Lokey (HLI) and TPG (TPG)
MetricHLITPG
Dividend Yield (TTM)1.77%5.01%
Dividend Payout Ratio (TTM)43.62%254.55%

Valuation

P/E Ratio (TTM)

Houlihan Lokey (HLI) at 24.47 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.

HLI

Financial Services industry group

24.47

Max
45.85
Q3
24.64
HLI
24.47
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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Houlihan Lokey (HLI) vs. TPG (TPG): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Houlihan Lokey (HLI) at 3.96 and TPG (TPG) at 3.85 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

HLI

Financial Services industry group

3.96

Max
9.23
Q3
4.57
HLI
3.96
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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Houlihan Lokey (HLI) vs. TPG (TPG): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

Both Houlihan Lokey (HLI) at 4.39 and TPG (TPG) at 5.97 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

HLI

Financial Services industry group

4.39

Max
7.79
HLI
4.39
Q3
3.63
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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Houlihan Lokey (HLI) vs. TPG (TPG): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Houlihan Lokey (HLI) and TPG (TPG)
MetricHLITPG
P/E Ratio (TTM)24.4752.84
P/S Ratio (TTM)3.963.85
P/B Ratio (MRQ)4.395.97
Free Cash Flow Yield (TTM)----