TPG Inc. (TPG)

TPG Inc. Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	120.45	23.48	92.13	112.33	2,181	731.67
Depreciation & Amortization	141.17	135.39	47.67	32.99	21.22	-
Loss (Gain) From Sale of Investments	1.66	29.33	-7.23	97.75	-588.43	-137.9
Stock-Based Compensation	2,210	1,936	1,247	1,044	-	-
Other Operating Activities	-1,772	-1,470	-871.08	-927.87	-1,499	-492.96
Change in Accounts Payable	-19.29	52.61	-231.54	-14.24	51.15	42.12
Change in Other Net Operating Assets	205.49	-175.48	443.97	1,031	1,309	-47.55
Operating Cash Flow	888.02	532.15	720.52	1,376	1,475	95.39
Operating Cash Flow Growth	326.56%	-26.14%	-47.63%	-6.71%	1446.05%	-88.48%
Capital Expenditures	-20.94	-28.13	-16.73	-2.45	-1.79	-8.33
Cash Acquisitions	-235.15	-16.33	-356.84	-	24.82	-
Divestitures	-	-	-	-	-	-107.22
Other Investing Activities	-	-	-	-0.56	-60.77	7.45
Investing Cash Flow	-256.1	-44.47	-373.56	-3.01	-37.75	-108.1
Short-Term Debt Issued	-	-	-	-	-	55
Long-Term Debt Issued	-	1,389	651	30	200	150
Total Debt Issued	1,354	1,389	651	30	200	205
Short-Term Debt Repaid	-	-	-	-	-	-55
Long-Term Debt Repaid	-	-1,038	-150	-30	-50	-100
Total Debt Repaid	-884	-1,038	-150	-30	-50	-155
Net Debt Issued (Repaid)	470	351	501	-	150	50
Issuance of Common Stock	-	-	-	820.62	935	807.82
Repurchase of Common Stock	-189.7	-67.67	-667.88	-352.01	-304.76	-
Common Dividends Paid	-1,184	-832.49	-643.22	-1,018	-1,067	-298.58
Other Financing Activities	187.24	204.3	20.87	-688.59	-1,036	-308.91
Financing Cash Flow	-716.16	-344.86	-789.23	-1,238	-1,323	250.33
Net Cash Flow	-84.23	142.82	-442.28	134.79	114.51	237.63
Free Cash Flow	867.08	504.01	703.79	1,373	1,473	87.07
Free Cash Flow Growth	394.56%	-28.39%	-48.76%	-6.76%	1591.85%	-89.38%
Free Cash Flow Margin	20.38%	14.40%	29.45%	68.57%	29.60%	4.12%
Free Cash Flow Per Share	2.34	1.38	2.21	4.45	18.63	-
Cash Interest Paid	85.8	65.37	33.55	18.35	15.73	14.86
Cash Income Tax Paid	45.95	42.29	51.13	48.33	8.55	6.79
Levered Free Cash Flow	1,258	965.39	1,184	118.64	3,001	492.89
Unlevered Free Cash Flow	1,324	1,020	1,208	132.15	3,011	505.21
Change in Working Capital	186.2	-122.87	212.42	1,016	1,360	-5.43

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q