MARKETS / NASDAQ / TPG
NASDAQ · INVESTMENT ADVICE · LARGE CAP

TPG Inc. TPG

6 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY3 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$2.4B
▲ 16.1% vs FY2024
Dividend streak
3 yrs
Raised every year since 2023
EPS · FY25
Dividend / sh · FY25
$1.98
Payout · FY25
ROE · FY25
Net margin · FY25
7.6%
Dividend coverage
0.2×
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Result
USD 2.4B
Revenue, FY2025 · full 6-year series below
Revenue Net income
0.81.62.43.22.40.2202020232025
0.81.62.43.22.40.2202020232025

8 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2025
EPS Dividend
0.81.62.41.98202020232025
0.81.62.41.98202020232025

Earnings covered only a fraction of the dividend — the rest came from cash or borrowing.

Profitability
Return on equity, FY2025
ROE
0.250.50.751202020232025
0.250.50.751202020232025
Operating margin27.5%
Net margin7.6%
Return on assets1.5%

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises3 years

Growth
+22.4% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+24.8%
+22.4%
Net income
+25.9%
Dividend / share
+22.0%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 13.5B
total assets, end of FY2025
Total assetsUSD 13.5B
CashUSD 826.1M
Gross debtUSD 1.7B
Net debtUSD 896.4M

History
6 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
Revenue $B
2.4
2.1
1.5
1.2
1.0
0.9
Operating income $B
0.7
−0.0
0.1
·
·
·
EBITDA $B
0.8
0.1
0.1
·
·
·
Income tax $B
0.1
0.1
0.1
0.0
0.0
0.0
Net income $B
0.2
0.0
0.1
0.1
0.0
0.0
EPS, diluted $
·
·
·
·
·
·
Dividend / sh $
1.98
1.65
1.40
1.09
·
·
Payout %
·
·
·
·
·
·
ROE %
·
·
·
·
·
·
Shares out B
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
8 of 9
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 1 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed