APO vs TPG vs WPM Stock Comparison

Apollo Global Management, Tpg and Wheaton Precious Metals Prices as of Oct 27, 2026 Peers: Industry group
TPG TPG Inc.
$44.58 +0.4% 1M -22.6% 1Y
Market cap
$17.43B
P/E
31.1x
Revenue (TTM)
$5.18B
Div. yield
5.02%
Alternative Asset Managers Financial Services
1 win
WPM Wheaton Precious Metals Corp.
$125.95 -11.9% 1M +33.4% 1Y
Market cap
$57.19B
P/E
28.0x
Revenue (TTM)
-$35.66M
Div. yield
0.61%
Alternative Asset Managers Financial Services
5 wins

Head to Head

12 decided of 12

Apollo Global Management leads on 6 of the 12 questions below (Apollo Global Management 6, Wheaton Precious Metals 5, Tpg 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPOTPGWPMLeader
Larger companyMarket capitalisation $65.82B $17.43B $57.19B APO
Cheaper on earningsLower P/E, profitable companies only 38.0x 31.1x 28.0x WPM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.7x 17.0x 29.6x APO
Faster revenue growthRevenue growth, trailing twelve months +41.2% +33.2% -6.5% APO
More profitableNet margin, trailing twelve months 5.0% 4.6% — APO
Better return on capitalReturn on invested capital 5.8% 13.1% 18.7% WPM
Less leveragedLower net debt / EBITDA -1.8x 1.3x 0.7x APO
Higher dividend yieldTrailing dividend yield 1.87% 5.02% 0.61% TPG
Better 1-year returnPrice return, last 12 months -9.6% -22.6% +33.4% WPM
Better 5-year returnAnnualised price return, 5 years +7.9%/yr — +25.1%/yr WPM
Less volatileAnnualised volatility, 1 year 36.0% 40.2% 50.7% APO
Higher overall scoreMean of the five percentile scores vs peers 74/100 72/100 77/100 WPM

Percentile Scorecard

APOTPGWPM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPOTPGWPM
Valuation 87 #24 of 181 70 #55 of 181 73 #49 of 181
Growth 70 #34 of 111 88 #14 of 111 92 #10 of 111
Profitability 62 #50 of 129 65 #46 of 129 97 #5 of 129
Financial Health 79 #36 of 164 48 #86 of 164 78 #37 of 164
Shareholder Returns 73 #21 of 75 89 #9 of 75 45 #42 of 75
Overall 74 72 77
  • APO ranked among 209 companies in Asset and Wealth Management
  • TPG ranked among 209 companies in Asset and Wealth Management
  • WPM ranked among 209 companies in Asset and Wealth Management

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPOTPGWPMSPY
1 month -6.1%+0.4%-11.9% -0.2%
3 months -8.4%+1.9%+14.9% +3.9%
6 months -7.5%+4.9%-2.7% +8.2%
Year to date -21.1%-30.2%+7.2% +12.9%
1 year -9.6%-22.6%+33.4% +12.3%
3 years +42.2%+65.2%+189.3% +87.4%
3 years, per year +12.5%+18.2%+42.5% +23.3%
5 years +45.9%—+206.7% +67.9%
5 years, per year +7.9%—+25.1% +10.9%
10 years +526.1%—+437.8% +261.1%
10 years, per year +20.1%—+18.3% +13.7%

Risk

MeasureAPOTPGWPMSPY
Volatility, 1Y 36.0%40.2%50.7% 12.7%
Downside volatility, 1Y 37.4%42.0%54.1% 12.7%
Beta vs S&P 500, 1Y 1.141.471.94 1.00
Return / volatility, 1Y -0.27-0.560.66 0.97
Max drawdown, 5Y -43.8%-46.8%-43.8% -25.4%
From 52-week high -25.2%-36.0%-24.0% -1.2%
52-week high $152.70$69.66$165.72 $779.14
52-week low $100.30$37.93$94.37 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPOTPGWPM
P/E now vs peer median 38.0xmedian 34.2x 31.1xmedian 34.2x 28.0xmedian 34.2x
P/S now vs peer median 1.8xmedian 4.9x 3.4xmedian 4.9x -1,604xmedian 4.9x
EV/EBITDA now vs peer median 7.4xmedian 11.7x 18.0xmedian 11.7x 22.5xmedian 11.7x
P/FCF now vs peer median 6.9xmedian 13.2x 19.0xmedian 13.2x 22.5xmedian 13.2x
P/B now vs peer median 1.6xmedian 1.8x 4.7xmedian 1.8x 5.9xmedian 1.8x
PEG now vs peer median 1,869median 0.91 1.66median 0.91 0.48median 0.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPOTPGWPM
Revenue $35.90B $5.18B -$35.66M
Gross profit $31.30B – $2.40B
Operating income $5.48B – $2.28B
Net income $3.80B $678.04M $2.05B
Free cash flow $9.47B $917.48M $2.54B
EPS (diluted) $2.91 $0.61 $4.48
Cash & equivalents $26.82B $944.66M $100.19M
Total debt $13.73B $2.34B $1.99B
Shares (diluted) 610.22M 385.47M 454.69M
Enterprise value $3.50B $16.23B $52.61B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPOTPGWPM
P/E 38.0x 31.1x 28.0x
P/FCF 6.9x 19.0x 22.5x
P/Operating cash flow 6.9x 17.9x 22.5x
P/S 1.8x 3.4x -1,604x
P/B 1.6x 4.7x 5.9x
P/Tangible book 1.6x 5.5x 5.9x
EV/EBITDA 7.4x 18.0x 22.5x
EV/EBIT 9.6x 21.4x 25.9x
EV/Revenue 1.5x 3.6x -1,657x
EV/FCF 5.6x 20.5x 23.2x
EV/Operating cash flow 5.6x 19.4x 23.2x
PEG (3Y EPS CAGR) 1,869 1.66 0.48

Growth

14 metrics
MetricAPOTPGWPM
Revenue growth (1Y) 41.2% 33.2% -6.5%
Revenue CAGR (3Y) 10.2% 32.1% -17.4%
Gross profit growth (1Y) 36.5% – 114.5%
Gross profit CAGR (3Y) – – 69.4%
Operating income growth (1Y) 38.0% – 149.2%
Operating income CAGR (3Y) – – 73.5%
Net income growth (1Y) -27.0% 530.1% 159.9%
Net income CAGR (3Y) 15.9% 81.5% 49.4%
EPS growth (1Y) -47.4% 264.2% 158.1%
EPS CAGR (3Y) 0.0% 18.7% 58.1%
Operating cash flow growth (1Y) 129.7% 109.2% 88.5%
Operating cash flow CAGR (3Y) 4.0% -7.1% 56.5%
Free cash flow growth (1Y) 129.7% 106.9% 88.5%
Free cash flow CAGR (3Y) 4.0% -8.7% 56.5%

Profitability

14 metrics
MetricAPOTPGWPM
Gross margin 87.2% – –
EBITDA margin 19.7% 20.2% –
Operating margin 15.3% – –
Pretax margin 20.7% 14.5% –
Net margin 5.0% 4.6% –
FCF margin 26.4% 17.7% –
Operating cash flow margin 26.4% 18.8% -7,135%
Return on equity 10.6% 18.2% 21.5%
Return on assets 0.9% 5.0% 18.5%
Return on invested capital 5.8% 13.1% 18.7%
Return on capital employed – – 21.2%
Asset turnover 0.1x 0.4x 0.0x
Cash conversion (OCF / net income) 2.5x 1.4x 1.2x
Stock comp / revenue 2.7% 17.1% -67.5%

Financial Health

11 metrics
MetricAPOTPGWPM
Debt / assets 2.8% 16.7% 16.3%
Debt / equity 0.3x 0.6x 0.2x
Net debt / EBITDA -1.8x 1.3x 0.7x
Debt / FCF 1.4x 2.6x 0.8x
Liabilities / assets 91.6% 73.3% 20.3%
Equity / assets 8.4% 26.7% 79.7%
Interest coverage 18.2x 6.7x 61.9x
Current ratio – – 0.5x
Quick ratio – – 0.5x
Cash ratio – – 0.4x
Altman Z-score – – 15.15

Shareholder Returns

7 metrics
MetricAPOTPGWPM
Dividend yield 1.9% 5.0% 0.6%
Net buyback yield 2.0% – 0.0%
Shareholder yield 3.9% 5.0% 0.6%
Payout ratio (earnings) 33.4% 4.4% 23.5%
Payout ratio (FCF) 13.4% 3.3% 19.0%
Dividend growth (1Y) 11.7% 210.9% 11.7%
Dividend CAGR (3Y) 8.3% – 7.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPOTPGWPM
Forward P/E 12.7xFY2026 17.0xFY2026 29.6xFY2026
EPS, next fiscal year $9.02FY2026 $2.62FY2026 $4.25FY2026
EPS growth, next FY +7.6%FY2026 +8.7%FY2026 +40.7%FY2026
EPS growth, the year after +23.9% +29.0% +22.8%
Revenue, next fiscal year $24.45BFY2026 $2.53BFY2026 $3.35BFY2026
Revenue growth, next FY -23.7%FY2026 +19.7%FY2026 +45.2%FY2026
Revenue growth, the year after +4.4% +18.4% +24.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPOTPGWPM
Held by institutions 64.5% 37.5% 63.9%
Institutions holding 1,166 372 846
Change in shares held, QoQ -1.0% +10.1% +2.8%
Institutions buying 642 217 419
Institutions selling 371 120 266
Buyers to sellers 1.73 1.81 1.58

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APOTPGWPM
APO 1.00 0.72 0.11
TPG 0.72 1.00 0.19
WPM 0.11 0.19 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APO, TPG and WPM?

Apollo Global Management (APO) is the largest by market capitalisation: Apollo Global Management (APO) $65.82B, Tpg (TPG) $17.43B, Wheaton Precious Metals (WPM) $57.19B.

Which stock is cheaper, APO, TPG and WPM?

Wheaton Precious Metals (WPM) trades on the lowest price-to-earnings ratio (Apollo Global Management (APO) 38.0x, Tpg (TPG) 31.1x, Wheaton Precious Metals (WPM) 28.0x). On next year's consensus earnings, Apollo Global Management (APO) is cheapest (Apollo Global Management (APO) 12.7x, Tpg (TPG) 17.0x, Wheaton Precious Metals (WPM) 29.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Apollo Global Management (APO) grew revenue fastest over the trailing twelve months: Apollo Global Management (APO) +41.2%, Tpg (TPG) +33.2%, Wheaton Precious Metals (WPM) -6.5%.

Which company is more profitable?

Apollo Global Management (APO) has the highest net margin (Apollo Global Management (APO) 5.0%, Tpg (TPG) 4.6%). On return on invested capital, Wheaton Precious Metals (WPM) leads (Apollo Global Management (APO) 5.8%, Tpg (TPG) 13.1%, Wheaton Precious Metals (WPM) 18.7%).

Which stock has performed better?

Over the past year Wheaton Precious Metals (WPM) returned the most: Apollo Global Management (APO) -9.6%, Tpg (TPG) -22.6%, Wheaton Precious Metals (WPM) +33.4%. Over five years, Wheaton Precious Metals (WPM) compounded fastest (Apollo Global Management (APO) +7.9%/yr, Wheaton Precious Metals (WPM) +25.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Tpg (TPG) has the highest dividend yield: Apollo Global Management (APO) 1.87%, Tpg (TPG) 5.02%, Wheaton Precious Metals (WPM) 0.61%.

Which stock is riskier?

By one-year price volatility, Apollo Global Management (APO) has been the steadiest (Apollo Global Management (APO) 36.0%, Tpg (TPG) 40.2%, Wheaton Precious Metals (WPM) 50.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APO, TPG and WPM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Apollo Global Management (APO) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.