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Blackstone vs TPG: Which Stock Looks Stronger in 2026?

Blackstone holds the cleaner structural position, with the lead spread across profitability and valuation. TPG does not offset that deficit through any equally strong structural edge elsewhere. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the Russell 1000 universe, making them directly comparable.

Updated 2026-05-17

This is not just a one-metric split: both profitability and valuation materially support the lead. The overall score gap is 34 points in favour of Blackstone Inc..

INDUSTRY COMPARISON

Both operate in: Asset Management

This comparison is based on industry proximity, not on functional trajectory similarity. BX and TPG share the same industry classification.

For a similarity-based comparison, see how Blackstone and TPG each position within their functional peer groups in AssetNext.

Peer-Relative Score
BX
Blackstone Inc.
51
Peer-Score
Signal qualitylow
Peer basis: Russell 1000
vs
TPG
TPG Inc.
17
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: BX vs TPG Profitability 67 0 Stability 23 25 Valuation 56 8 Growth 47 48 BX TPG
Gap Ranking
#1 Profitability +67
#2 Valuation +48
#3 Stability +2
#4 Growth +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for BX and TPG Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer BXTPG Relative valuation Structural strength

Blackstone Inc. looks stronger both structurally and on relative valuation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where BX and TPG each sit in their own 4.4-year price and valuation history.

BASED ON 4.4-YEAR HISTORY BX Neutral · below norm 0th 50th 100th 1 pct gap TPG Neutral · below norm 0th 50th 100th 60th 61st
BX (60th percentile) and TPG (61st percentile) both sit in the upper-middle of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
On profitability, Blackstone Inc. ranks near the top of the group; TPG Inc. sits in the weaker half.
Valuation
Blackstone Inc. sits in the stronger part of the group on valuation, while TPG Inc. is closer to mid-pack.
Profitability — Dominant Gap
BX
67
TPG
0
Gap+67in favour of BX

The profitability lead is mainly driven by a 74-point operating margin advantage.

What keeps the gap from being one-sided

TPG Inc. still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

The lead is built on both profitability and valuation, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

Break down the BX vs TPG comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-and-valuation comparisons

Explore how BX and TPG each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.