TPG Inc. (TPG)
NASDAQ: TPG · Real-Time Price · USD
58.91
+0.05 (0.08%)
Jan 30, 2026, 4:00 PM EST - Market closed
TPG Inc. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Operating Revenue | 2,236 | 2,087 | 1,535 | 1,247 | 977.9 | 883.37 |
Other Revenue | 2,019 | 1,413 | 855.29 | 756.25 | 3,998 | 1,231 |
| 4,255 | 3,500 | 2,390 | 2,003 | 4,976 | 2,115 | |
Revenue Growth (YoY) | 24.91% | 46.45% | 19.32% | -59.75% | 135.31% | 6.39% |
Cost of Revenue | 3,088 | 2,772 | 1,794 | 1,518 | 579.7 | 522.72 |
Gross Profit | 1,167 | 728.39 | 595.94 | 484.92 | 4,397 | 1,592 |
Selling, General & Admin | 613.1 | 583.73 | 482.57 | 368.92 | 278.59 | 260.75 |
Operating Expenses | 754.27 | 719.12 | 530.25 | 401.91 | 299.81 | 267.89 |
Operating Income | 412.97 | 9.27 | 65.69 | 83.02 | 4,097 | 1,324 |
Interest Expense | -104.79 | -87.51 | -38.53 | -21.61 | -16.29 | -19.72 |
Interest & Investment Income | 98.05 | 82.74 | 50.98 | 28.29 | 16.78 | 13.53 |
Other Non Operating Income (Expenses) | - | - | -1.05 | -3.32 | 191.06 | -246.51 |
EBT Excluding Unusual Items | 406.24 | 4.5 | 77.09 | 86.38 | 4,288 | 1,072 |
Gain (Loss) on Sale of Investments | -1.66 | -29.33 | 6.56 | -110.13 | 376.61 | 377.17 |
Pretax Income | 384.18 | -24.82 | 83.65 | -23.75 | 4,665 | 1,449 |
Income Tax Expense | 55.92 | 52.09 | 60.27 | 32.48 | 9.04 | 9.78 |
Earnings From Continuing Operations | 328.26 | -76.92 | 23.39 | -56.24 | 4,656 | 1,439 |
Minority Interest in Earnings | -207.81 | 100.4 | 68.75 | 168.57 | -2,475 | -707.26 |
Net Income | 120.45 | 23.48 | 92.13 | 112.33 | 2,181 | 731.67 |
Preferred Dividends & Other Adjustments | 58.93 | 23.79 | 20.92 | 24.9 | - | - |
Net Income to Common | 61.52 | -0.31 | 71.22 | 87.43 | 2,181 | 731.67 |
Net Income Growth | 408.76% | -74.51% | -17.98% | -94.85% | 198.07% | 55.40% |
Shares Outstanding (Basic) | 127 | 100 | 80 | 79 | 79 | - |
Shares Outstanding (Diluted) | 371 | 365 | 318 | 309 | 79 | - |
Shares Change (YoY) | 3.11% | 14.71% | 2.93% | 290.67% | - | - |
EPS (Basic) | 0.48 | -0.00 | 0.89 | 1.10 | 27.58 | - |
EPS (Diluted) | 0.10 | -0.42 | -0.04 | -0.19 | 27.58 | - |
Free Cash Flow | 867.08 | 504.01 | 703.79 | 1,373 | 1,473 | 87.07 |
Free Cash Flow Per Share | 2.34 | 1.38 | 2.21 | 4.45 | 18.63 | - |
Dividend Per Share | 1.980 | 1.740 | 1.340 | 1.590 | - | - |
Dividend Growth | 20.00% | 29.85% | -15.72% | - | - | - |
Gross Margin | 27.43% | 20.81% | 24.93% | 24.21% | 88.35% | 75.28% |
Operating Margin | 9.71% | 0.27% | 2.75% | 4.15% | 82.33% | 62.62% |
Profit Margin | 1.45% | -0.01% | 2.98% | 4.37% | 43.82% | 34.60% |
Free Cash Flow Margin | 20.38% | 14.40% | 29.45% | 68.57% | 29.60% | 4.12% |
EBITDA | 554.14 | 144.66 | 113.36 | 116.01 | 4,118 | 1,332 |
EBITDA Margin | 13.02% | 4.13% | 4.74% | 5.79% | 82.75% | 62.98% |
D&A For EBITDA | 141.17 | 135.39 | 47.67 | 32.99 | 21.22 | 7.72 |
EBIT | 412.97 | 9.27 | 65.69 | 83.02 | 4,097 | 1,324 |
EBIT Margin | 9.71% | 0.27% | 2.75% | 4.15% | 82.33% | 62.62% |
Effective Tax Rate | 14.55% | - | 72.05% | - | 0.19% | 0.68% |
Revenue as Reported | 4,255 | 3,500 | 2,390 | 2,003 | 4,976 | 2,115 |
Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.