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Interactive Brokers Group vs TP ICAP Group: Which Stock Looks Stronger in 2026?

Interactive Brokers holds the cleaner structural position, with the lead spread across profitability and growth. TP ICAP still has the edge on valuation, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

Profitability still does most of the heavy lifting in this comparison. Interactive Brokers Group, Inc. leads by 24 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Capital Markets

This comparison is based on industry proximity, not on functional trajectory similarity. IBKR and TCAP.L share the same industry classification.

For a similarity-based comparison, see how Interactive Brokers and TP ICAP each position within their functional peer groups in AssetNext.

Peer-Relative Score
IBKR
Interactive Brokers Group, Inc.
69
Peer-Score
Signal qualityMedium
vs
TCAP.L
TP ICAP Group PLC
45
Peer-Score
Signal qualityMedium

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

Score differences across key dimensions.

Dimension spread: IBKR vs TCAP.L Profitability 100 11 Stability 58 56 Valuation 57 88 Growth 53 22 IBKR TCAP.L
Gap Ranking
#1 Profitability +89
#2 Growth +31
#3 Valuation +31
#4 Stability +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for IBKR and TCAP.L Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer IBKRTCAP.L Relative valuation Structural strength

Interactive Brokers Group, Inc. is stronger, but the price setup still looks more supportive for TP ICAP Group PLC.

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

Relative Position vs Comparable Companies
Profitability
On profitability, Interactive Brokers Group, Inc. ranks near the top of the group; TP ICAP Group PLC sits in the weaker half.
Growth
On growth, Interactive Brokers Group, Inc. is positioned higher in the group, while TP ICAP Group PLC is closer to the middle.
Profitability — Dominant Gap
IBKR
100
TCAP.L
11
Gap+89in favour of IBKR

The profitability lead is mainly driven by a 64-point operating margin advantage.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for TP ICAP, with a forward P/E that is 15.6 turns lower there.

What this means for the comparison

The lead is built on both profitability and growth — though valuation still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the IBKR vs TCAP.L comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how IBKR and TCAP.L 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.

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.