LPLA vs. TPG: LPL Financial vs. TPG Stock Comparison
How do LPL Financial (LPLA) 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
LPL Financial (LPLA) and TPG (TPG) both belong to the Capital Markets industry, though LPLA is classified under Investment Banking & Brokerage while TPG falls under Asset Management & Custody Banks.
| Profile Item | LPLA | TPG |
|---|---|---|
| Name | LPL Financial 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 | Capital Markets | Capital Markets |
| GICS Sub-Industry | Investment Banking & Brokerage | Asset Management & Custody Banks |
| Market Capitalization | 23.01 billion USD | 17.90 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | November 18, 2010 | January 13, 2022 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LPLA | TPG |
|---|---|---|
| Total Return (1Y) | -17.27% | -7.34% |
| Total Return (3Y, Annualized) | 11.10% | 21.01% |
| Total Return (5Y, Annualized) | 13.92% | -- |
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 LPL Financial (LPLA) is defensive at 0.52 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | LPLA | TPG |
|---|---|---|
| Volatility (1Y, Annualized) | 39.22% | 41.32% |
| Beta (5Y) | 0.52 | 1.45 |
| Max Drawdown (5Y) | -33.18% | -44.85% |
| Avg. Volume (3M) | 855.76K | 2.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LPLA | TPG |
|---|---|---|
| Sharpe Ratio (1Y) | -0.55 | -0.28 |
| Sortino Ratio (1Y) | -0.70 | -0.40 |
Profitability
ROE (TTM)
LPL Financial (LPLA) at 25.66% sits in the top ROE quartile, while TPG (TPG) at 19.19% is closer to the peer norm — stronger capital efficiency for LPLA.
LPLA
Financial Services industry group
25.66%
- Max
- 44.78%
- LPLA
- 25.66%
- 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 LPL Financial (LPLA) at 6.97% 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.
LPLA
Financial Services industry group
6.97%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- LPLA
- 6.97%
- 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)
TPG (TPG) at 16.57% runs core operations around its industry’s norm, while LPL Financial (LPLA) at 10.85% operates in the bottom quartile.
LPLA
Financial Services industry group
10.85%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- Q1
- 14.60%
- LPLA
- 10.85%
- 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 | LPLA | TPG |
|---|---|---|
| ROE (TTM) | 25.66% | 19.19% |
| ROA (TTM) | 7.35% | 5.36% |
| Net Margin (TTM) | 6.97% | 5.78% |
| Operating Margin (TTM) | 10.85% | 16.57% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both LPL Financial (LPLA) at 37.18% and TPG (TPG) at 27.03% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.
EPS Growth
Only one side can be read here: LPL Financial (LPLA) reports EPS growth of -22.17%, ranked against its industry; TPG (TPG) has no EPS growth figure this period.
Growth Metrics
| Metric | LPLA | TPG |
|---|---|---|
| Revenue Growth (YoY) | 37.18% | 27.03% |
| Revenue Growth (3Y CAGR) | 25.47% | 29.51% |
| EPS Growth (YoY) | -22.17% | -- |
| EPS Growth (3Y CAGR) | 1.64% | -- |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: LPL Financial (LPLA) 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: LPL Financial (LPLA) 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 | LPLA | 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 LPL Financial (LPLA) at 0.40% pays a more typical yield — both are credible income propositions, TPG the richer one.
LPLA
Financial Services industry group
0.40%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- LPLA
- 0.40%
- 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 LPL Financial (LPLA) reports 6.88%, ranking against industry peers normally.
LPLA
Financial Services industry group
6.88%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- LPLA
- 6.88%
- 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 | LPLA | TPG |
|---|---|---|
| Dividend Yield (TTM) | 0.40% | 5.01% |
| Dividend Payout Ratio (TTM) | 6.88% | 254.55% |
Valuation
P/E Ratio (TTM)
LPL Financial (LPLA) at 16.93 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.
LPLA
Financial Services industry group
16.93
- Max
- 45.85
- Q3
- 24.64
- LPLA
- 16.93
- 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)
LPL Financial (LPLA) at 1.15 sits in the cheaper P/S ratio quartile while TPG (TPG) at 3.85 prices around its industry’s middle — LPLA costs less per dollar of sales, though read it alongside growth and margins.
LPLA
Financial Services industry group
1.15
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- LPLA
- 1.15
- 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)
Both LPL Financial (LPLA) at 3.98 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.
LPLA
Financial Services industry group
3.98
- Max
- 7.79
- LPLA
- 3.98
- 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
Valuation Metrics
| Metric | LPLA | TPG |
|---|---|---|
| P/E Ratio (TTM) | 16.93 | 52.84 |
| P/S Ratio (TTM) | 1.15 | 3.85 |
| P/B Ratio (MRQ) | 3.98 | 5.97 |
| Free Cash Flow Yield (TTM) | -- | -- |