TPG vs. TW: TPG vs. Tradeweb Markets Stock Comparison
How do TPG (TPG) and Tradeweb Markets (TW) 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
TPG (TPG) and Tradeweb Markets (TW) both belong to the Capital Markets industry, though TPG is classified under Asset Management & Custody Banks while TW falls under Financial Exchanges & Data.
| Profile Item | TPG | TW |
|---|---|---|
| Name | TPG Inc. Class A Common Stock | Tradeweb Markets 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 | Asset Management & Custody Banks | Financial Exchanges & Data |
| Market Capitalization | 17.90 billion USD | 27.59 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | January 13, 2022 | April 4, 2019 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | TPG | TW |
|---|---|---|
| Total Return (1Y) | -7.34% | 17.01% |
| Total Return (3Y, Annualized) | 21.01% | 11.65% |
| Total Return (5Y, Annualized) | -- | 6.31% |
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 Tradeweb Markets (TW) is defensive at 0.54 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | TPG | TW |
|---|---|---|
| Volatility (1Y, Annualized) | 41.32% | 30.82% |
| Beta (5Y) | 1.45 | 0.54 |
| Max Drawdown (5Y) | -44.85% | -48.64% |
| Avg. Volume (3M) | 2.82M | 1.37M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | TPG | TW |
|---|---|---|
| Sharpe Ratio (1Y) | -0.28 | 0.41 |
| Sortino Ratio (1Y) | -0.40 | 0.60 |
Profitability
ROE (TTM)
Both TPG (TPG) at 19.19% and Tradeweb Markets (TW) at 14.46% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
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%
TW
Financial Services industry group
14.46%
- Max
- 44.78%
- Q3
- 21.85%
- TW
- 14.46%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Tradeweb Markets (TW) at 39.86% retains a top-quartile share of revenue as profit, ahead of TPG (TPG) at 5.78%, which keeps about the industry-typical share.
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%
TW
Financial Services industry group
39.86%
- Max
- 62.84%
- TW
- 39.86%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both TPG (TPG) at 16.57% and Tradeweb Markets (TW) at 43.30% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
TW
Financial Services industry group
43.30%
- Max
- 107.33%
- Q3
- 55.90%
- TW
- 43.30%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | TPG | TW |
|---|---|---|
| ROE (TTM) | 19.19% | 14.46% |
| ROA (TTM) | 5.36% | 12.57% |
| Net Margin (TTM) | 5.78% | 39.86% |
| Operating Margin (TTM) | 16.57% | 43.30% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
TPG (TPG) at 27.03% sits in the top revenue growth quartile, while Tradeweb Markets (TW) at 18.92% is closer to the peer norm — faster top-line expansion for TPG.
EPS Growth
Only one side can be read here: Tradeweb Markets (TW) reports EPS growth of 62.23%, ranked against its industry; TPG (TPG) has no EPS growth figure this period.
Growth Metrics
| Metric | TPG | TW |
|---|---|---|
| Revenue Growth (YoY) | 27.03% | 18.92% |
| Revenue Growth (3Y CAGR) | 29.51% | 19.97% |
| EPS Growth (YoY) | -- | 62.23% |
| EPS Growth (3Y CAGR) | -- | 36.69% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: TPG (TPG) in Financial Services and Tradeweb Markets (TW) 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: TPG (TPG) in Financial Services and Tradeweb Markets (TW) 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 | TPG | TW |
|---|---|---|
| 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 Tradeweb Markets (TW) at 0.42% pays a more typical yield — both are credible income propositions, TPG the richer one.
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%
TW
Financial Services industry group
0.42%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- TW
- 0.42%
- 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 Tradeweb Markets (TW) reports 12.68%, ranking against industry peers normally.
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%
TW
Financial Services industry group
12.68%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- TW
- 12.68%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | TPG | TW |
|---|---|---|
| Dividend Yield (TTM) | 5.01% | 0.42% |
| Dividend Payout Ratio (TTM) | 254.55% | 12.68% |
Valuation
P/E Ratio (TTM)
Both look expensive on trailing earnings: Tradeweb Markets (TW) at 29.98 sits in the richer P/E ratio quartile, and TPG (TPG) at 52.84 is richer still, above its industry range.
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
TW
Financial Services industry group
29.98
- Max
- 45.85
- TW
- 29.98
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
TPG (TPG) at 3.85 prices around its industry’s typical P/S ratio, while Tradeweb Markets (TW) at 12.10 clears its benchmark range — TW looks notably rich on sales.
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
TW
Financial Services industry group
12.10
- TW
- 12.10
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Both TPG (TPG) at 5.97 and Tradeweb Markets (TW) at 4.03 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
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
TW
Financial Services industry group
4.03
- Max
- 7.79
- TW
- 4.03
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | TPG | TW |
|---|---|---|
| P/E Ratio (TTM) | 52.84 | 29.98 |
| P/S Ratio (TTM) | 3.85 | 12.10 |
| P/B Ratio (MRQ) | 5.97 | 4.03 |
| Free Cash Flow Yield (TTM) | -- | -- |