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Companies / Financials / TPG Inc.
TPG

TPG Inc.

FinancialsBanks & Brokers
Ticker TPGFORT WORTH, TXFiscal year ends DecemberBook value per share $3.51Diluted shares 385.0M

TPG Inc. (Nasdaq: TPG) is a global alternative asset manager serving institutional and individual investors through investment funds and related vehicles. Its strategies span private equity, growth investing, impact investing, credit, real estate and market solutions, with products investing in businesses, loans and… From the company’s description.

Over the twelve months to Sep 30, 2026, TPG Inc. reported revenue of $5.05B, up 18.8% from a year earlier, and net income of $742.66M. Its pre-tax margin was 14.5%. In fiscal 2025, it reported revenue of $4.67B, up 33.4% from fiscal 2024, and net income of $599.59M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$4.67BFY2025
+33.4% year over year
Last 12 mo $5.05B
14.33%FY2025
+14.2 percentage points
Last 12 mo 14.47%
$599.59MFY2025
+879.5% year over year
Last 12 mo $742.66M
15.57%FY2025
+12.6 percentage points
Last 12 mo 19.88%
Cash & financing
$1.03BFY2025
+94.0% year over year
Last 12 mo $729.08M
$1.03BFY2025
+94.0% year over year
Last 12 mo $729.08M
1.45FY2025
Was 1.63× a year earlier
Last 12 mo 1.69
374.1MFY2025
+2.6% year over year
Last 12 mo 385.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What TPG Inc. does

In the company’s own words

TPG Inc. (Nasdaq: TPG) is a global alternative asset manager serving institutional and individual investors through investment funds and related vehicles. Its strategies span private equity, growth investing, impact investing, credit, real estate and market solutions, with products investing in businesses, loans and securities, real estate assets, and digital infrastructure such as wireless towers. TPG also provides debt and equity capital markets advisory services to investment professionals and portfolio companies. The firm is organized across six investment platforms: Capital, Growth, Impact, Credit, Real Estate and Market Solutions. Major products include TPG Capital, The Rise Funds, TPG Credit Solutions, TPG Real Estate Partners, NewQuest and TPG Peppertree; the Peppertree business joined TPG in 2025. TPG’s acquisition of Angelo Gordon in 2023 expanded its credit and real estate operations. As of December 31, 2025, TPG had $303.0 billion in assets under management and more than 1,900 employees across offices in 16 countries. Its website is https://www.tpg.com/.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
FORT WORTH, TX
Fiscal year end
December
CIK
1880661
SIC
6282

Financial performance, year by year

Fiscal 2020–2025 · USD
$-589.99M$949.23M$2.49B$4.03B$5.57B202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns TPG Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

280
funds hold it
0 of 35
superinvestors hold it
$1.74B
held by funds, at market
25.0%
of shares held by funds

Largest fund holders · TPG Inc.’s weight in each

—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
0.38%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.07%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.13%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do TPG Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of TPG Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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