Invesco Ltd. (IVZ) vs TPG Inc. (TPG)
Invesco Ltd. and TPG Inc. are both Asset Management companies. TPG Inc. is the larger, with a market value of $16.8B against $13.6B — 1.2× the size. Invesco Ltd. has negative trailing earnings, so its P/E is not meaningful; TPG Inc. trades at 37.6×. TPG Inc. grew revenue faster over the last twelve months: 30.1% against 12.2%. TPG Inc. has the higher net margin (4.67% vs −4.48%) and the higher return on invested capital (7.97% vs −1.34%). Both pay a dividend; Invesco Ltd. yields more (5.33% vs 2.87%). Across the 22 metrics below, TPG Inc. leads on 15 and Invesco Ltd. on 7.
Valuation
Profitability
| Metric | IVZ | TPG | Asset Management median |
|---|---|---|---|
| Gross margin | 66.01% | 100.00% | 100.00% |
| Operating margin | (7.10%) | 15.54% | 33.03% |
| Net margin | (4.48%) | 4.67% | 13.53% |
| Free cash flow margin | 27.83% | 18.15% | 12.44% |
| Return on equity | (2.81%) | 6.47% | 4.83% |
| Return on assets | (1.10%) | 1.82% | 1.57% |
| Return on invested capital | (1.34%) | 7.97% | 3.04% |
Growth
Health
Dividend
Size
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