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TPG Inc.

TPG

Financial Services · 46.93 -4.0% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

TPG Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 14 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Company-4.0% todayVolume comparison unavailable
Market group0 of 14 activeAlternative Asset Managers · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
  • Quarterly interest expense, net (interest expense less interest income) and its change versus prior year quarter.

Invalidation: The isolated read changes if TPG's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Financial Services · Asset Management

No new filing conclusion is available. 0 of 14 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Quarterly interest expense, net (interest expense less interest income) and its change versus prior year quarter.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods6
Price observations327
Usable filing statements390
Verified relationships4
Evidence supporting the case
  • Latest annual revenue changed +16.1% year over year.
  • Net margin changed +6.5 percentage points in the latest annual period.
  • Credit and interest rates has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Diluted shares increased 2.6% in the latest annual period.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 10, 2026

46.93
6m+15.4%12m-20.4%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$977.9M+10.7%$0.00
2022-12-31$1.2B+27.5%$-0.19
2023-12-31$1.5B+23.1%$-0.04+2.9%
2024-12-31$2.1B+36.0%$-0.42+14.7%
2025-12-31$2.4B+16.1%$0.45+2.6%

What management says matters

Persistent and emerging business drivers

Credit and interest ratespositive · 4 filings
During the three months ended March 31, 2025, cash used by financing activities was primarily related to the payments of dividends and distributions to our Class A common stockholders and to holders of non-controlling interests in subsidiaries and withholding…
10-Q · May 1, 2026
Supply chain and availabilitymixed · 4 filings
As such, net income available to controlling interest holders is zero for each of these funds following the Reorganization.
10-Q · May 1, 2026
Legal and regulatory exposuremixed · 3 filings
We are not currently subject to any pending legal (including judicial, regulatory, administrative or arbitration) proceedings that we expect to have a material impact on our Condensed Consolidated Financial Statements.
10-Q · May 1, 2026
Macroeconomic conditionspositive · 2 filings
The respective product’s valuation team or deal team then analyzes the data received and updates the valuation models, reflecting any changes in the underlying forecast, cash flow projections, weighted-average cost of capital, exit multiple and any other valu…
10-K · Feb 17, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 7.2× · EV/sales 7.6×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.

Price action

How the market is pricing the story

46.93-4.0% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for TPG. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for TPG. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind TPG

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

TRTXFiling-linked nameinvesteeMay 1, 2026

Real Estate, (4) TPG AG Europe Real Estate, (5) TPG Asia Real Estate, (6) TPG Net Lease, (7) TPG RE Finance Trust, Inc.

MFGMizuho Financial Group, Inc.lenderMay 1, 2026

364-Day Credit Facility On April 14, 2023, a consolidated subsidiary of the Company entered into a 364-day revolving credit facility with Mizuho Bank, Ltd., acting as administrative agent, to provide the subsidiary with revolving borrowings of up to $150.0 mi…

MITTFiling-linked namelenderMay 1, 2026

TPG Asset Based Finance invests through a variety of vehicles including the Mortgage Value Partners Fund open-ended hedge fund, the Asset Based Credit closed-end fund series and evergreen vehicle, SMAs and TPG Mortgage Investment Trust, Inc.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

TPG is currently a Early Follower in the organic co-movement group Alternative Asset Managers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.