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TPGTPG Inc.
$45.62$17.5B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
TPG logo

TPG Inc.

TPG
NASDAQ · Asset Management
$45.62
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$17.49B
P/E37.7x
52W High$70.38
Volume1.82M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Fee-Driven Revenue Surge Masks Negative NII

TPG's investment thesis hinges on its ability to sustain fee-based revenue growth, which surged to $1.8B in 2026Q2 (99.7% from non-interest income), while managing persistent negative net interest income (-$29.8M) and volatile efficiency ratios (75.1% in 2026Q...

GrowthMixed
ProfitabilityStable
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

TPG price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

+92% Peers

P/E is 92% above peer median

03

Market leadership

RS 56 · Avg

Average momentum (RS Rating: 56)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 4

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
TPG-27.89%
S&P 500 (^GSPC)+13.20%
1-Year Return
TPG-25.63%
S&P 500 (^GSPC)+15.98%
3-Year Return
TPG+70.88%
S&P 500 (^GSPC)+76.75%
5-Year Return
TPG+57.44%
S&P 500 (^GSPC)+73.76%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
37.7x
Forward P/EExpansion
16.0x
EV/EBITDA0th %ile
22.3x
FCF YieldCash Flow
5.7%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
37.7x
196.2x
0th· Low
EV/EBITDA
22.3x
109.1x
0th· Low
Price/FCF
17.4x
24.2x
25th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$6.30-86.2%
Base (Fair)$20.77-55.3%
Bull$8.34-81.7%
$6.30 Bear$20.77 Base$8.34 Bull
Current Market Price: $45.62
Trades at a 119.6% premium to Base DCF ($20.77)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$4.56B+79.6% YoY
Net income
$185M+686.0% YoY
Free cash flow
$1B+99.1% YoY
Operating margin
14.7%+15.6 pts YoY
ROIC (TTM)9.3%
Avg ROIC 5Y-
ROE (TTM)4.8%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate11/12 (92%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 4, 2026
$0.69+16.9%
vs $0.59
$628M+5.3%
vs $597M
Q2 2026
May 1, 2026
$0.70+18.2%
vs $0.59
$638M+4.9%
vs $608M
Q1 2026
Feb 5, 2026
$0.71+11.1%
vs $0.64
$628M+2.3%
vs $614M
Q4 2025
Nov 4, 2025
$0.53-5.7%
vs $0.56
$840M+55.6%
vs $540M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Seeking Alpha·Sep 15, 2026
TPG Inc. (TPG) Presents at Barclays 24th Annual Global Financial Services Conference Transcript

TPG Inc. (TPG) Presents at Barclays 24th Annual Global Financial Services Conference Transcript

Business Wire·Sep 15, 2026
TPG Mortgage Investment Trust, Inc. Announces Third Quarter 2026 Common Dividend of $0.24 per Share

NEW YORK--(BUSINESS WIRE)--TPG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its Board of Directors declared a dividend of $0.24 per common share for the third quarter 2026. The dividend is payable on October 30, 2026, to shareholders of record at the close of business on September 30, 2026. About TPG Mortgage Investment Trust, Inc. TPG Mortgage Investment Trust, Inc. is a residential mortgage REIT with a focus on investing in a diversified risk-adjusted port.

Business Wire·Sep 15, 2026
TPG to Make Significant Investment in Tablet Command

SAN FRANCISCO & FORT WORTH, Texas & WALNUT CREEK, Calif.--(BUSINESS WIRE)--TPG, a leading global alternative asset management firm, today announced that The Rise Funds, TPG's multi-sector global impact investing strategy, has signed a definitive agreement to make a significant investment in Tablet Command, a leading provider of incident management and response software for fire departments and emergency response agencies. Founded in 2011 by Andy Bozzo and William Pigeon, Tablet Command provides.

Business Wire·Sep 15, 2026
TPG RE Finance Trust, Inc. Announces Pricing of $1.0 Billion Commercial Real Estate CLO

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the pricing of TRTX 2026-FL8, a $1.0 billion managed Commercial Real Estate Collateralized Loan Obligation. The Company expects approximately $820.0 million of investment grade securities to be placed with institutional investors, providing TRTX with term financing on a non-mark-to-market, non-recourse basis. TRTX 2026-FL8 includes a 30-month reinvestment period and a weighted average int.

Filtered for TPG Inc.More Headlines
04

Compare before deciding

Benchmark TPG against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for TPG Inc. (TPG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TPG logoTPGTPG Inc.Current
$45.62$17.49B37.7079.63%3.95%4.78%7.07%
KKR logoKKRKKR & Co. Inc.
$98.44$88.39B42.07-7.47%18%3.96%—
CG logoCGThe Carlyle Group Inc.
$40.23$14.48B18.4540.31%10%5.11%—
APO logoAPOApollo Global Management, Inc.
$124.15$71.51B17.1015.78%8.54%7.06%—
BX logoBXBlackstone Inc.
$124.01$97.69B31.9621.87%22.69%16.16%—
ARES logoARESAres Management Corporation
$124.72$40.96B63.6396.21%9.97%7.43%—

Compare TPG vs Peers

TPG Inc. (TPG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KKR

Most directly comparable listed peer for TPG.

Scale Benchmark

vs MS

Larger-name benchmark to compare TPG against a more recognizable public peer.

Peer Set

Compare Top 5

vs KKR, CG, APO, BX

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

TPG SEC Filings & Documents

TPG Inc. (TPG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 4, 2026·SEC

Material company update

Jun 22, 2026·SEC

Material company update

Jun 5, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 17, 2026·SEC

FY 2025

Feb 18, 2025·SEC

10-Q Quarterly Reports

5
FY 2026

Aug 4, 2026·SEC

FY 2026

May 1, 2026·SEC

FY 2025

Nov 4, 2025·SEC

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TPG Frequently Asked Questions

TPG Inc. (TPG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is TPG Inc. growing?

TPG Inc. (TPG) grew revenue by 79.6% over the past year. This is strong growth.

Is TPG profitable?

Yes, TPG Inc. (TPG) is profitable, generating $218.4M in net income for fiscal year 2025 (4.0% net margin).

Dividend & Returns
Does TPG pay dividends?

Yes, TPG Inc. (TPG) pays a dividend with a yield of 7.07%. This makes it attractive for income-focused investors.

What is TPG's return on equity?

TPG Inc. (TPG) has a return on equity (ROE) of 4.8%. This is below average, suggesting room for improvement.

Industry Metrics
What is TPG Inc.'s net interest margin?

TPG Inc. (TPG) has a net interest margin (NIM) of -0.1%. NIM has been under pressure due to interest rate environment.

What is TPG Inc.'s efficiency ratio?

TPG Inc. (TPG) has an efficiency ratio of 82.2%. This is higher than peers, suggesting room for cost optimization.

What if you invested $1,000 in TPG back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →