APO vs BX vs KKR vs CG vs TPG

For growth investors, TPG Inc.

(TPG) is the stronger pick with 77. 9% revenue growth year-over-year, versus -11. 0% for KKR & Co. Inc. (KKR). Apollo Global Management, Inc. (APO) offers the better valuation at 18. 3x trailing P/E (14. 9x forward), making it the more compelling value choice. Analysts rate Apollo Global Management, Inc. (APO) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Apollo Global Management, Inc.

(APO) is the cheapest at 18. 3x versus KKR & Co. Inc. at 43. 8x. On forward P/E, The Carlyle Group Inc. is actually cheaper at 12. 3x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Apollo Global Management, Inc. wins at 0. 20x versus Blackstone Inc. 's 0. 99x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Apollo Global Management, Inc.

(APO) delivered a total return of +146. 9%, compared to +28. 4% for The Carlyle Group Inc. (CG). Over 10 years, the gap is even starker: APO returned +790. 9% versus TPG's +51. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Apollo Global Management, Inc.

(APO) is the lower-risk stock at 1. 44β versus The Carlyle Group Inc. 's 1. 85β — meaning CG is approximately 28% more volatile than APO relative to the S&P 500. On balance sheet safety, Apollo Global Management, Inc. (APO) carries a lower debt/equity ratio of 31% versus 197% for The Carlyle Group Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), TPG Inc.

(TPG) is pulling ahead at 77. 9% versus -11. 0% for KKR & Co. Inc. (KKR). On earnings-per-share growth, the picture is similar: TPG Inc. grew EPS 1779% year-over-year, compared to -28. 7% for KKR & Co. Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Blackstone Inc.

(BX) is the more profitable company, earning 21. 8% net margin versus 4. 0% for TPG Inc. — meaning it keeps 21. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BX leads at 51. 9% versus 2. 4% for KKR. At the gross margin level — before operating expenses — TPG leads at 96. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Apollo Global Management, Inc. (APO) is the more undervalued stock at a PEG of 0. 20x versus Blackstone Inc. 's 0. 99x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, The Carlyle Group Inc. (CG) trades at 12. 3x forward P/E versus 20. 7x for Blackstone Inc. — 8. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for KKR: 37. 7% to $141. 14.

All stocks in this comparison pay dividends.

TPG Inc. (TPG) offers the highest yield at 18. 0%, versus 0. 8% for KKR & Co. Inc. (KKR).

For long-horizon retirement investors, Apollo Global Management, Inc.

(APO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (1. 6% yield, +790. 9% 10Y return). The Carlyle Group Inc. (CG) carries a higher beta of 1. 85 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (APO: +790. 9%, CG: +291. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: APO is a mid-cap high-growth stock; BX is a mid-cap high-growth stock; KKR is a mid-cap quality compounder stock; CG is a mid-cap high-growth stock; TPG is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.