Financial Services
TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064(TPGXL)
Live Price
Offline$22.91
+0.31% today
1Y Change
-10.78%
Window
Jun 23, 2025 → Jun 17, 2026
- Market Cap
- $16.95B
- Revenue Growth
- +77.9%
- EPS Growth
- +478.3%
- Dividend Yield
- 4.7%
Coverage: 248 bars · Jun 23, 2025 → Jun 17, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (TPGXL) is a Financial Services stock with a market cap of $16.95B and listed on NASDAQ. The stock last traded around $22.91 and down 10.8% across the available one-year price window (Jun 23, 2025 → Jun 17, 2026). Baseline metrics include revenue growth of +77.9%, EPS growth of +478.3%, a dividend yield of 4.7%. What stands out right now is revenue +77.9%, EPS +478.3%, free cash flow +99.1% with operating margin 12.6% and ROIC 3.0%. The dividend matters to the case here, with a current yield around 4.7%. Valuation already assumes a fairly strong business story at P/E 50.5 and price/sales 4.8. Overall, the current profile looks closer to a higher-growth but lower-margin setup than a generic broad-market placeholder. Stock Foundry combines TPGXL price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Financial Services peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+77.9% vs +3.4% peer median
Operating Margin
Above sector median
+12.6% vs +4.7% peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
The operating story is still moving forward
Revenue is running at +77.9% and EPS at +478.3%, with operating margin around 12.6%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 4.7%, which matters if the thesis depends on income as much as growth.
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
TPGXL
—
Normalized return
SPY
—
S&P 500
Excess Return
—
Relative to SPY
TPGXL Max Drawdown
-13.96%
Trailing 1Y
SPY Max Drawdown
—
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for TPGXL and SPY.
Company Overview
TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064
NASDAQ Global Market
Part of TPG, Inc., TPG Operating Group II LP functions as an investment holding private company. The company is based in Wilmington, DE.
- IPO Date
- Mar 5, 2024
- Employees
- 1.9k
- Street Address
- 301 Commerce Street, Suite 3300
- Mailing
- Fort Worth, TX, 76102
- Region
- Fort Worth, TX, US
- Reporting Currency
- USD
- Investor Line
- +1 212 601 7400
- Last Updated
- May 5, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 50.5
- EV/EBITDA
- 31.2
- Price/Sales
- 4.8
- Price/Book
- 6.2
Growth
- Revenue
- +77.9%
- EPS
- +478.3%
- Free Cash Flow
- +99.1%
Profitability
- Gross Margin
- 94.8%
- Operating Margin
- 12.6%
- Net Margin
- 4.0%
- ROE
- 12.6%
- ROIC
- 3.0%
Balance Sheet
- Debt/Equity
- 2.63
- Current Ratio
- —
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.