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TPG Inc. operates as an alternative asset manager in the United States and internationally. The company provides investment management services to TPG Funds, limited partners, separately managed accounts and clients, and other vehicles; advisory, debt and equity arrangement, and underwriting and placement services; and capital structuring and other advice services. In addition, it invests in private equity funds, real estate funds, hedge funds, and credit funds. TPG Inc. was founded in 1992 and is based in Fort Worth, Texas.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
TPG Inc is a global alternative asset manager investing across private equity, growth, real assets and credit while providing funds and bespoke investment solutions to institutional and high-net-worth clients. Long-term growth may be supported by rising institutional demand for alternatives, expansion of fee-bearing assets under management across diversified strategies and recurring management and performance fees. Investors may find the company attractive because scale and multiple fee streams could support more predictable fee-related earnings over time.
The main investment risks include fundraising and performance volatility that can reduce fee revenue, market and credit cycles that depress portfolio valuations, leverage in underlying holdings and regulatory or liquidity constraints that could hinder capital raising.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 666.58M | -24.82M | 83.65M | -23.75M | 4665.03M |
| Minority interest | -415.00M | 100.40M | 56.70M | -15.16M | -2630.24M |
| Net income | 184.59M | 23.48M | 80.09M | -56.23M | 4656.00M |
| Selling general administrative | 702.17M | 583.73M | 483.63M | 372.23M | 298.61M |
| Selling and marketing expenses | - | - | 1.05M | - | - |
| Gross profit | 4522.82M | 2535.93M | 1817.25M | -92.23M | 4624.54M |
| Reconciled depreciation | 144.54M | 135.39M | 47.67M | 32.99M | 21.84M |
| Ebit | 687.92M | -24.82M | 83.65M | 146.52M | 2034.79M |
| Ebitda | 825.55M | 110.56M | 131.33M | 179.51M | 2056.63M |
| Depreciation and amortization | 137.63M | 135.39M | 47.67M | 32.99M | 21.84M |
| Operating income | 685.07M | -24.82M | 83.65M | 146.52M | 2034.79M |
| Other operating expenses | 3982.30M | 2648.27M | 1772.13M | 2360.58M | 899.53M |
| Interest expense | 112.11M | 87.51M | 38.53M | 21.61M | 17.03M |
| Tax provision | 66.99M | 52.09M | 60.27M | 32.48M | 9.04M |
| Interest income | 93.62M | 82.74M | 42.62M | 0.00M | 0.00M |
| Net interest income | -18.49M | -4.77M | -38.53M | -21.61M | -17.03M |
| Income tax expense | 66.99M | 52.09M | 60.27M | 32.48M | 9.04M |
| Total revenue | 4667.36M | 2623.45M | 1855.78M | 1899.43M | 5564.57M |
| Total operating expenses | 3837.75M | 2560.76M | 1733.60M | 1923.19M | 899.53M |
| Cost of revenue | 144.54M | 87.51M | 38.53M | 1991.66M | 940.03M |
| Total other income expense net | -18.49M | -30.20M | 517.67M | -170.27M | 2630.24M |
| Net income from continuing ops | 599.59M | -76.92M | 23.39M | -56.23M | 4656.00M |
| Net income applicable to common shares | - | - | - | 92.43M | 731.67M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 13492.93M | 10535.11M | 9369.67M | 7941.74M | 8962.01M |
| Intangible assets | 1158.03M | 533.71M | 649.51M | - | - |
| Other current assets | - | 73.42M | -1097.35M | - | -190.77M |
| Total liab | 9356.56M | 6943.12M | 6008.54M | 4855.87M | 1700.57M |
| Total stockholder equity | 1185.22M | 784.10M | 579.16M | 509.67M | 1606.59M |
| Other current liab | 5399.75M | -117.12M | -126.89M | -98.17M | -142.84M |
| Common stock | 0.38M | 0.36M | 0.36M | 0.31M | 1606.59M |
| Capital stock | 0.38M | 0.36M | 0.36M | 0.31M | 1606.59M |
| Retained earnings | -291.60M | -186.98M | -34.68M | 2.72M | 3092.43M |
| Other liab | - | - | - | 4352.98M | 2256.16M |
| Good will | 498.19M | 436.08M | 436.08M | - | - |
| Other assets | - | 8757.31M | 7618.90M | 1504.39M | 1532.01M |
| Cash | 826.11M | 808.02M | 678.37M | 1112.58M | 978.10M |
| Total current liabilities | 5399.75M | 45.61M | 126.89M | 98.17M | 142.84M |
| Current deferred revenue | - | - | 84.32M | - | -34.17M |
| Net debt | 896.44M | 775.29M | 585.55M | -668.01M | -356.65M |
| Short term debt | - | 117.12M | 126.89M | - | 177.00M |
| Short long term debt total | 1722.55M | 1583.31M | 1263.92M | 444.57M | 621.45M |
| Other stockholder equity | 1476.44M | 970.72M | 613.48M | 506.64M | -3092.43M |
| Property plant equipment | - | - | - | 24.05M | 183.78M |
| Total current assets | 826.11M | 1328.45M | 665.19M | 1107.48M | 1163.49M |
| Long term investments | 9211.82M | 7503.28M | 6724.11M | 5329.87M | 6109.05M |
| Net tangible assets | - | - | - | 1163.31M | 1606.59M |
| Short term investments | - | - | - | - | 6109.05M |
| Net receivables | - | 447.01M | 418.98M | 202.64M | 185.40M |
| Long term debt | - | - | - | 445.27M | - |
| Accounts payable | 46.94M | 45.61M | 42.56M | 98.17M | 142.84M |
| Noncontrolling interest in consolidated entity | - | - | - | 2576.20M | - |
| Accumulated other comprehensive income | - | - | 0.00M | - | - |
| Common stock total equity | - | - | - | 0.31M | - |
| Retained earnings total equity | - | - | - | 2.72M | - |
| Non currrent assets other | 2296.99M | 283.62M | 153.34M | -5329.87M | -6266.51M |
| Non current assets total | 12666.83M | 9206.66M | 1085.59M | 5329.87M | 6266.51M |
| Long term debt total | - | - | - | 445.27M | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -44.47M | -10.66M | -0.56M | -37.74M |
| Change to liabilities | - | - | - | -56.81M | 61.32M |
| Total cashflows from investing activities | -263.96M | -44.47M | -373.56M | -3.01M | -37.74M |
| Net borrowings | 448.00M | 351.00M | 501.00M | - | 150.00M |
| Total cash from financing activities | -750.36M | -344.86M | -789.23M | -1238.08M | -1322.57M |
| Change to operating activities | - | - | - | 1030.64M | 1298.69M |
| Net income | 599.59M | -76.92M | 71.22M | -56.23M | 4656.00M |
| Change in cash | 18.08M | 142.82M | -442.28M | 134.79M | 114.51M |
| Begin period cash flow | 821.19M | 678.37M | 1120.65M | 985.86M | 871.36M |
| End period cash flow | 839.27M | 821.19M | 678.37M | 1120.65M | 985.86M |
| Total cash from operating activities | 1032.39M | 532.15M | 720.52M | 1375.88M | 1474.82M |
| Issuance of capital stock | - | 0.00M | 0.00M | 820.62M | 935.00M |
| Depreciation | 144.54M | 135.39M | 47.67M | 32.99M | 21.84M |
| Other cashflows from investing activities | -263.96M | -220.93M | -21.77M | -0.56M | -60.77M |
| Dividends paid | 1229.05M | 832.49M | 643.22M | -1018.09M | -1066.68M |
| Change to account receivables | -118.56M | -18.86M | 41.27M | - | - |
| Sale purchase of stock | -190.56M | -67.67M | -661.00M | 96.83M | 180.78M |
| Other cashflows from financing activities | 221.25M | 204.30M | 13.99M | -1010.61M | -1321.67M |
| Change to netincome | - | - | - | 767.78M | -7038.13M |
| Capital expenditures | 28.80M | 28.13M | 16.73M | 2.45M | 1.79M |
| Change receivables | - | - | - | -42.38M | - |
| Cash flows other operating | - | - | - | 763.52M | - |
| Cash and cash equivalents changes | - | - | - | 134.79M | - |
| Change in working capital | -936.52M | -720.58M | -288.03M | 1016.41M | 1360.01M |
| Stock based compensation | 813.74M | 1006.31M | 654.92M | 627.71M | - |
| Other non cash items | 1224.79M | 1194.25M | 234.74M | -212.01M | -4563.02M |
| Free cash flow | 1003.59M | 504.01M | 703.79M | 1373.43M | 1473.03M |
Sector: Financial Services Industry: Asset Management
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| TPG TPG Inc |
0.24 0.49% |
49.03 | 71.82 | 13.33 | 3.99 | 6.47 | 3.22 |
| BLK BlackRock Inc |
- -% |
1226.31 | 26.25 | 19.57 | 6.33 | 2.90 | 6.35 |
| BX Blackstone Group Inc |
-0.52 0.42% |
122.01 | 33.20 | 20.12 | 11.05 | 11.56 | 9.14 |
| IVSBF Investor AB ser. B |
- -% |
43.81 | 4.67 | 3.83 | 3.78 | 1.13 | 4.15 |
| KKR KKR & Co. Inc. |
-0.79 0.78% |
100.06 | 32.68 | 13.66 | 3.58 | 3.22 | 0.68 |
TPG Inc. operates as an alternative asset manager in the United States and internationally. The company provides investment management services to TPG Funds, limited partners, separately managed accounts and clients, and other vehicles; advisory, debt and equity arrangement, and underwriting and placement services; and capital structuring and other advice services. In addition, it invests in private equity funds, real estate funds, hedge funds, and credit funds. TPG Inc. was founded in 1992 and is based in Fort Worth, Texas.
| Name | Title | Year Born |
|---|---|---|
| Mr. James George Coulter | Founding Partner & Exec. Chairman | 1960 |
| Mr. Jon Winkelried | CEO & Director | 1960 |
| Mr. Todd B. Sisitsky | Pres & Director | 1971 |
| Mr. Jack Charles Weingart | CFO & Director | 1967 |
| Mr. Ken Nolan Murphy | Chief Operating Officer | NA |
| Mr. Bradford A. Berenson | Gen. Counsel & Sec. | 1966 |
| Ms. Anilu Vazquez-Ubarri | Chief HR Officer & Director | 1977 |
| Mr. David Bonderman | Founding Partner & Non-Exec. Chairman | 1942 |
| Mr. Martin Louis Davidson CPA | Chief Accounting Officer | 1977 |
| Ms. Roberta Joann Harris | Chief Compliance Officer | 1970 |
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