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TPG logoTPG Inc. (TPG) Earnings History

Annual and quarterly earnings data from 2019 to 2025

TTM Net Income
$18M
Profitable
TTM EPS
$0.05
Diluted
YoY EPS Growth
+1778.9%
Excellent
Net Margin
4.0%
Profitability
Operating Margin14.7%
Gross Margin96.9%
ROE4.8%
ROA1.5%
Highest Annual Net Income$2.18B (2021)
Highest Quarterly EPS$15.02 (Q1 2021)
Consecutive Profitable Years7 years
Q1 2026
Net Income-$123M
EPS$-0.22
QoQ Growth-259.9%Declining

Loading earnings history...

TPG EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+1778.9%
Excellent
3-Year
N/A
N/M
5-Year
-43.4%
Declining
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

TPG Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202596.9%14.7%4.0%
202496.7%-0.9%0.9%
202397.9%4.5%4.3%
202298.6%-1.6%6.1%
202199.7%83.6%39.1%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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TPG Inc. (TPG) Earnings Overview

As of May 7, 2026, TPG Inc. (TPG) reported trailing twelve-month net income of $18M, reflecting +1778.9% year-over-year growth. The company earned $0.05 per diluted share over the past four quarters, with a net profit margin of 4.0%.

Looking at the long-term picture, TPG's 5-year EPS compound annual growth rate (CAGR) stands at -43.4%, signaling declining earnings. The company achieved its highest annual net income of $2.18B in fiscal 2021.

TPG Inc. maintains positive profitability with a gross margin of 96.9%, operating margin of 14.7%, and net margin of 4.0%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including KKR ($2.37B net income, 12.3% margin), CG ($809M net income, 16.5% margin), APO ($4.48B net income, 14.8% margin), TPG has room to improve margins relative to the peer group. Compare TPG vs KKR →

TPG Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
TPG logoTPGCurrent
$18M$0.054.0%4.8%+1778.9%—
KKR logoKKR
$2.4B$2.4812.3%3.3%-28.7%
CG logoCG
$809M$2.1616.5%12.1%-21.3%
APO logoAPO
$4.5B$7.3714.8%12.2%-1.0%
BX logoBX
$3.0B$3.8721.8%14.6%+7.2%
ARES logoARES
$527M$2.388.2%6.8%-5.3%
Best in group
Lowest in group

TPG Historical Earnings Data (2019–2025)

7 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$185M+686.0%$685M$1.214.0%14.7%
2024$23M-70.7%-$25M$0.060.9%-0.9%
2023$80M-13.3%$84M$0.224.3%4.5%
2022$92M-95.8%-$24M$-0.196.1%-1.6%
2021$2.18B+135.1%$4.67B$65.7539.1%83.6%
2020$928M+93.0%$1.45B$20.8440.9%63.9%
2019$481M-$1.19B$17.1022.3%55.1%

Full TPG Stock Analysis

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Is TPG Undervalued?

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Compare TPG vs BRK-A

Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..

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TPG — Frequently Asked Questions

Quick answers to the most common questions about buying TPG stock.

Is TPG growing earnings?

TPG EPS is $0.05, with earnings growth accelerating to +1778.9%. This exceeds the 5-year CAGR of -43.4%. TTM net income reached $18M.

What are TPG's profit margins?

TPG Inc. net margin is +4.0%, with operating margin at +14.7%. Below-average margins reflect competitive or cost pressures.

How consistent are TPG's earnings?

TPG earnings data spans 2019-2025. The accelerating earnings trend is +1778.9% YoY. Historical data enables comparison across business cycles.

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TPG Earnings Over Time (2019–2025)

Net income and EPS trends