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The Charles Schwab vs TP ICAP Group: Which Stock Looks Stronger in 2026?

The Charles Schwab holds the cleaner structural position, with the lead spread across profitability and growth. TP ICAP does not offset that deficit through any equally strong structural edge elsewhere. The market setup is currently leaning toward TP ICAP, which does not confirm the structural lead. That leaves a split case: the structural lead stays with The Charles Schwab, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (SCHW: S&P 500, TCAP.L: STOXX 600).

Updated 2026-05-17

The clearest separation starts in profitability, but growth adds another real layer to the result. The overall score gap is 24 points in favour of The Charles Schwab Corporation.

INDUSTRY COMPARISON

Both operate in: Capital Markets

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

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

Peer-Relative Score
SCHW
The Charles Schwab Corporation
76
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
TCAP.L
TP ICAP Group PLC
52
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

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

The largest gaps do not all point in the same direction.

Dimension spread: SCHW vs TCAP.L Profitability 100 42 Stability 54 42 Valuation 68 77 Growth 75 39 SCHW TCAP.L
Gap Ranking
#1 Profitability +58
#2 Growth +36
#3 Stability +12
#4 Valuation +9
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

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

Neither company combines the stronger profile with the cheaper valuation.

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

Relative Position vs Comparable Companies
Profitability
Both profiles are strong on profitability, but The Charles Schwab Corporation leads clearly.
Growth
The same broad pattern appears on growth: The Charles Schwab Corporation ranks near the top of the group, while TP ICAP Group PLC stays in the weaker half.
Profitability — Dominant Gap
SCHW
100
TCAP.L
42
Gap+58in favour of SCHW

The profitability lead is mainly driven by a 35-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 3.8 turns lower there.

What this means for the comparison

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

Explore full peer positioning in AssetNext

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

Explore full breakdown →
Similar profitability-and-growth comparisons

Explore how SCHW 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.

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.