ICE vs. TPG: Intercontinental Exchange vs. TPG Stock Comparison
How do Intercontinental Exchange (ICE) 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
Intercontinental Exchange (ICE) and TPG (TPG) both belong to the Capital Markets industry, though ICE is classified under Financial Exchanges & Data while TPG falls under Asset Management & Custody Banks.
Intercontinental Exchange (ICE) has more than two decades of public-market history since November 16, 2005, whereas TPG (TPG) listed on January 13, 2022 and has a much shorter record to draw on.
| Profile Item | ICE | TPG |
|---|---|---|
| Name | Intercontinental Exchange, 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 | Capital Markets | Capital Markets |
| GICS Sub-Industry | Financial Exchanges & Data | Asset Management & Custody Banks |
| Market Capitalization | 96.27 billion USD | 17.90 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | November 16, 2005 | January 13, 2022 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ICE | TPG |
|---|---|---|
| Total Return (1Y) | 18.71% | -7.34% |
| Total Return (3Y, Annualized) | 18.62% | 21.01% |
| Total Return (5Y, Annualized) | 6.59% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ICE | TPG |
|---|---|---|
| Volatility (1Y, Annualized) | 25.87% | 41.32% |
| Beta (5Y) | 0.82 | 1.45 |
| Max Drawdown (5Y) | -33.97% | -44.85% |
| Avg. Volume (3M) | 3.09M | 2.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ICE | TPG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.56 | -0.28 |
| Sortino Ratio (1Y) | 0.80 | -0.40 |
Profitability
ROE (TTM)
Both Intercontinental Exchange (ICE) at 14.40% 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.
ICE
Financial Services industry group
14.40%
- Max
- 44.78%
- Q3
- 21.85%
- ICE
- 14.40%
- 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)
Intercontinental Exchange (ICE) at 38.14% retains a top-quartile share of revenue as profit, ahead of TPG (TPG) at 5.78%, which keeps about the industry-typical share.
ICE
Financial Services industry group
38.14%
- Max
- 62.84%
- ICE
- 38.14%
- Q3
- 28.05%
- 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%
Operating Margin (TTM)
Both Intercontinental Exchange (ICE) at 52.77% and TPG (TPG) at 16.57% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
ICE
Financial Services industry group
52.77%
- Max
- 107.33%
- Q3
- 55.90%
- ICE
- 52.77%
- 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 | ICE | TPG |
|---|---|---|
| ROE (TTM) | 14.40% | 19.19% |
| ROA (TTM) | 2.28% | 5.36% |
| Net Margin (TTM) | 38.14% | 5.78% |
| Operating Margin (TTM) | 52.77% | 16.57% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
TPG (TPG) at 27.03% sits in the top revenue growth quartile, while Intercontinental Exchange (ICE) at 7.47% is closer to the peer norm — faster top-line expansion for TPG.
EPS Growth
Only one side can be read here: Intercontinental Exchange (ICE) reports EPS growth of 20.71%, ranked against its industry; TPG (TPG) has no EPS growth figure this period.
Growth Metrics
| Metric | ICE | TPG |
|---|---|---|
| Revenue Growth (YoY) | 7.47% | 27.03% |
| Revenue Growth (3Y CAGR) | 9.47% | 29.51% |
| EPS Growth (YoY) | 20.71% | -- |
| EPS Growth (3Y CAGR) | 30.77% | -- |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Intercontinental Exchange (ICE) 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: Intercontinental Exchange (ICE) 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 | ICE | 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 Intercontinental Exchange (ICE) at 1.17% pays a more typical yield — both are credible income propositions, TPG the richer one.
ICE
Financial Services industry group
1.17%
- Max
- 9.77%
- Q3
- 3.92%
- ICE
- 1.17%
- 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%
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 Intercontinental Exchange (ICE) reports 27.79%, ranking against industry peers normally.
ICE
Financial Services industry group
27.79%
- Max
- 241.07%
- Q3
- 97.36%
- ICE
- 27.79%
- 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%
Dividend Metrics
| Metric | ICE | TPG |
|---|---|---|
| Dividend Yield (TTM) | 1.17% | 5.01% |
| Dividend Payout Ratio (TTM) | 27.79% | 254.55% |
Valuation
P/E Ratio (TTM)
Intercontinental Exchange (ICE) at 23.47 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.
ICE
Financial Services industry group
23.47
- Max
- 45.85
- Q3
- 24.64
- ICE
- 23.47
- 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
P/S Ratio (TTM)
TPG (TPG) at 3.85 is priced about in line with its industry on P/S ratio, while Intercontinental Exchange (ICE) at 8.82 sits in the pricier quartile — ICE costs more per dollar of sales.
ICE
Financial Services industry group
8.82
- Max
- 9.23
- ICE
- 8.82
- 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
P/B Ratio (MRQ)
Intercontinental Exchange (ICE) at 3.22 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.
ICE
Financial Services industry group
3.22
- Max
- 7.79
- Q3
- 3.63
- ICE
- 3.22
- 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
Valuation Metrics
| Metric | ICE | TPG |
|---|---|---|
| P/E Ratio (TTM) | 23.47 | 52.84 |
| P/S Ratio (TTM) | 8.82 | 3.85 |
| P/B Ratio (MRQ) | 3.22 | 5.97 |
| Free Cash Flow Yield (TTM) | -- | -- |