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TPG Inc.

TPG

TPG is a leading global alternative asset manager that provides a broad range of investment strategies across private equity, credit, and real estate.

Market cap
$6.68B-0.1%
Revenue$4.1B+11.4%
Net income$157.7M+373%
Free cash flow$1.0B+15.8%
EPS (diluted)$0.23+172%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$607.3M
EPS estimate$0.62

Financials

Q1 2026

Income statement

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Revenue$500.0M-51.7%
Net income-$1.5M-106%
EPS (diluted)-$0.22

Balance sheet

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Cash & equivalents$864.7M+3.5%
Total debt$3.0B+42.5%
Total equity$3.7B+6.5%
Total assets$13.3B+17.6%

Cash flow

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Operating cash flow$176.5M-10.9%
CapEx$16.3M+156%
Free cash flow$160.3M-16.4%

Valuation & ratios

Valuation

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Market cap$6.68B-0.1%
Enterprise value$8.8B+13.2%
P/E42.3×-65.0×
P/S1.6×-0.1×

Profitability

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Net margin3.8%+2.9pp
FCF margin24.8%

Returns & leverage

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Return on equity4.4%+3.4pp
Debt / equity0.8×+0.2×

Segments

By product

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Management fees$479.4M+14.4%
Transaction fees$64.9M+36.8%
Expense reimbursements and other$57.4M-8.9%
Monitoring fees$10.1M+28.2%
Incentive fees$8.2M+32.3%

Competitors

Profile

TPG is a leading global alternative asset manager that provides a broad range of investment strategies across private equity, credit, and real estate. The firm leverages a thematic investment approach and a scaled global infrastructure to deliver risk-adjusted returns for institutional and individual investors. Its value proposition is built on a collaborative ecosystem of sector expertise and a diverse platform designed to capture growth in the fastest-growing segments of the alternative asset industry.

Competitive position

TPG is a premier global alternative asset manager distinguished by its thematic sourcing and early leadership in impact investing and Asian markets.

GeographiesNorth America, Europe, Asia-Pacific, Middle East
Customer segmentsInstitutional Investors, Sovereign Wealth Funds, High Net Worth Individuals, Corporate Clients
Business modelAsset Management Fees, Performance-based Carried Interest, Advisory and Underwriting Fees
SuppliersInstitutional capital commitments, Global debt markets, Regulatory frameworks, Data and research providers
CustomersPension funds, Endowments, Insurance companies, Portfolio companies requiring capital and operational expertise
Listed2022
Employees1.9K
CEOJon Winkelried
Websitetpg.com
FilingsSEC EDGAR

Questions, answered.

What is TPG Inc.'s market cap?
TPG Inc. (TPG) has a market capitalization of $6.7B and trades on NASDAQ.
What is TPG Inc.'s revenue and profitability?
TPG Inc. generated $4.1B in trailing twelve-month revenue with net income of $157.7M, representing a net margin of 3.8%, with free cash flow of $1.0B. These figures are based on the Q1 2026 filing.
Who are TPG Inc.'s competitors?
TPG Inc.'s key competitors include The Carlyle Group Inc., Blackstone Inc., Brookfield Asset Management Ltd., and others. These companies compete in similar markets and product categories.
Who does TPG Inc. partner with?
TPG Inc.'s notable partners include TPG Rise Climate Coalition.
What subsidiaries does TPG Inc. have?
TPG Inc.'s subsidiaries include Angelo Gordon, Peppertree, Y Analytics, and others.
Where is TPG Inc. headquartered?
TPG Inc. is headquartered in United States of America and employs approximately 1,850 people. It has been publicly traded since 2022.