TPG Inc. (TPG) AI Stock Analysis

Founded in 1992 and headquartered in Fort Worth, Texas, TPG Inc. is an alternative asset manager offering investment services across unconsolidated funds, collateralized loan obligations (CLOs), and other financial vehicles. The company provides investment monitoring, advisory services, debt and equity arrangements, underwriting, placement services, and capital structuring for portfolio companies. TPG manages a diversified portfolio covering private equity funds, real estate funds, hedge fund portfolios, and credit funds. Additionally, the firm explores digital assets and cryptocurrency as a potential avenue to expand its investment strategies and adapt to evolving client preferences.

TPG grew revenue at a 5-year CAGR of 15.5% from FY2020 to FY2025. In FY2021, revenue reached $5.58B before declining 73.0% to $1.50B in FY2022. Revenue rebounded to $1.86B in FY2023, $2.62B in FY2024, and reached $4.67B in FY2025, which reflected 77.9% annual growth. Operating margin stood at 14.7% in FY2025, up from -0.9% in FY2024, while net income was $184.6M. Over the trailing twelve months, revenue was $4.64B with a profit margin of 5.1% and an operating margin of 19.8%. In the latest quarter ending June 30, 2026, quarterly revenue grew 110.2% year-over-year.

As of June 30, 2026, TPG held $944.7M in cash and short-term investments against total debt of $2.99B, resulting in net debt of $2.04B. Shareholders' equity was $1.24B, yielding a debt-to-equity ratio of 2.42, while total assets totaled $14.03B and current ratio was -98.17. In FY2025, operating cash flow reached $1.03B and free cash flow was $1.00B. Cash capital allocation in FY2025 included $28.8M in capital expenditures, $190.6M spent on share buybacks, and $1.23B distributed in dividends.

At a last close of $42.52, TPG has a market cap of $16.61B and an enterprise value of $11.72B. The stock trades at a trailing P/E of 63.5x, well above the median of its US-listed Financial Services peers of 12.1x. Its forward P/E of 12.7x also exceeds the peer median of 10.8x, while its price-to-sales multiple of 3.6x compares to a peer median of 3.2x. Over the past year, TPG delivered a return of -19.0%, significantly underperforming the S&P 500 (SPY) return of 16.8%.

TPG pays a quarterly dividend with an annual forward dividend of $2.24 per share, translating to a dividend yield of 5.27%. The company has paid dividends for 5 consecutive years, maintaining a payout ratio of 1.5%. Its last ex-dividend date occurred on August 14, 2026, following $1.23B in total dividends paid during FY2025.

Wall Street coverage consists of 7 Strong Buy, 6 Buy, and 4 Hold recommendations, with 0 Sell or Strong Sell ratings. The mean price target is $57.65, representing a 35.6% premium over the last close of $42.52. For the fiscal year ending December 31, 2026, analysts estimate EPS of $1.97 on revenue of $2.48B. Over the last four quarters, TPG achieved 1 EPS beat. The company's next earnings date is scheduled for October 29, 2026.

This page is an AI-written research summary of TPG Inc. (TPG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: TPG income statement, TPG balance sheet, TPG key metrics, TPG analyst forecast, TPG chart. See the TPG stock overview for the latest quote and news.