TPG Inc. (TPG)

TPG Inc. Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	388.48	599.59	-76.92	23.39	-56.24	4,656
Depreciation & Amortization	212.64	201.01	171.96	70.88	32.99	-
Stock-Based Compensation	863.05	813.74	1,006	654.92	627.71	-
Other Adjustments	-586.09	-814.42	-446.34	-241.09	-245	-4,541
Changes in Restricted Cash and Segregated Assets	-	-	-	-	346.67	-624.44
Changes in Trading Assets	1,089	1,169	597.71	495.36	1,459	2,007
Change in Receivables	-45.3	-118.56	-18.86	41.27	-42.38	-42.83
Changes in Accounts Payable	82.27	57.37	79.25	-393.38	-26.76	62.28
Changes in Accrued Expenses	-884.11	-803.61	-647.13	-505.02	-672.38	-
Changes in Other Operating Activities	-108.88	-71.72	-133.83	574.19	-47.33	-42.22
Operating Cash Flow	1,011	1,032	532.15	720.52	1,376	1,475
Operating Cash Flow Growth	244.24%	94.01%	-26.14%	-47.63%	-6.71%	1446.05%
Capital Expenditures	-38.72	-28.8	-28.13	-16.73	-2.45	-1.79
Purchases of Investments	-500	-	-	-	-	-
Payments for Business Acquisitions	-	-235.15	-16.33	-356.84	-	24.82
Other Investing Activities	-	-	-	-	-0.56	-60.77
Investing Cash Flow	-773.87	-263.96	-44.47	-373.56	-3.01	-37.75
Long-Term Debt Issued	2,142	1,339	1,389	651	30	200
Long-Term Debt Repaid	-1,270	-891	-1,038	-150	-30	-50
Net Long-Term Debt Issued (Repaid)	872	448	351	501	0	150
Issuance of Common Stock	-	-	-	-	820.62	-
Repurchase of Common Stock	-219.41	-190.56	-67.67	-6.88	-379.6	-
Net Common Stock Issued (Repurchased)	-219.41	-190.56	-67.67	-6.88	441.02	-
Common Dividends Paid	-1,295	-1,229	-832.49	-643.22	-1,018	-2,133
Other Financing Activities	444.34	221.25	204.3	-640.13	-661.01	-405.89
Financing Cash Flow	-207.49	-750.36	-344.86	-789.23	-1,238	-1,323
Net Cash Flow	29.39	18.08	142.82	-442.28	134.79	114.51
Free Cash Flow	972.04	1,004	504.02	703.79	1,373	1,473
Free Cash Flow Growth	-3.14%	99.12%	-28.39%	-48.76%	-6.76%	1591.85%
FCF Margin	23.51%	21.49%	14.40%	29.45%	68.57%	29.60%
Free Cash Flow Per Share	2.57	2.68	1.38	2.21	4.45	4.77
Levered Free Cash Flow	1,382	1,156	414.31	806.4	1,182	1,551
Unlevered Free Cash Flow	766.75	1,142	68.55	243.38	1,278	5,470

Updated May 1, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q