TPG Inc. (TPG) Stock: Price, Forecast & Analyst Target
TPG Inc. (TPG) — MoonshotScore 67/100 (Strong band), calculated Oct 7, 2026. Price $44.23 (-1.63%), as of the Oct 7, 2026 trading session; market cap $17.0B. Expected results Oct 29, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 18.00× (market value Oct 7, 2026; cash Jun 30, 2026) · expected results Oct 29, 2026
TPG Inc. · TPG · NASDAQ · Financial Services · Asset Management
Research dated 2026-09-12: TPG is an alternative-investment manager whose economics combine recurring management fees with more episodic transaction and incentive income. Its appeal depends on whether fundraising and fee-bearing strategies can support durable earnings when capital-markets activity and investment outcomes fluctuate.
Price as of Oct 7, 2026
Key Statistics
MoonshotScore v2 · TPG (TPG)
StrongWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
High quality and elite growth, at a cheap price, but a fragile balance sheet. Business Quality: Elite; Financial Safety: Fragile; Valuation: Fair; Growth Durability: Compounding; Momentum: Quiet.
- quarterly revenue $1.84B (Q2 FY2026, quarter ended Jun 2026)
- EPS beat 7 of 8
- Altman Z 1.58 · Piotroski F 6
Holding back: balance-sheet strain
Helping: business quality, an attractive price, durable growth
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 66 | Strong | |
| 70 | Strong | |
| 70 | Strong | |
| 66 | Strong | |
| 66 | Strong | |
| 67 | Strong |
The score moved from 66 in the stored Oct 6, 2026 snapshot to 67 in the current publication computed Oct 7, 2026 (+1); the largest pillar moves were Momentum +7 and Growth Durability +1.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $44.23 | |
| Change on the day | -1.63% | |
| 52-week range | $36.95–$70.38 | |
| Market capitalisation | $17.0B | |
| Price / earnings (trailing) | 36.86 | |
| Shares traded on the day | 320.4K | |
| Beta (volatility vs the S&P 500) | 1.45 | |
| Dividends per share (last 12 months) | $2.24 | |
| Dividend yield (last 12 months) | 5.06% |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · below the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
- · Earnings results · above the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
We expect our tax rate to remain in the high single digits in the third quarter and then step up in the fourth quarter after we fully utilize our deductions.
Jack Weingart · Statement from
We continue to expect our capital raising to exceed $50 billion in 2026.
Jack Weingart · Statement from
Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsCouncil Score · weighted blend of 2 available disciplines
Council score for TPG (TPG): Bullish Lean
60/100 · B+Some lenses disagree with the MoonshotScore. Compare their readings below; each uses a different method.
5-Factor Breakdown
Legends Council
5 lenses, 5 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Oct 7, 2026
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
One of these lenses reads this company less favourably than the MoonshotScore does: Englander-style lens. Each lens is a separate scoring function over its own inputs, so a disagreement is a difference of method rather than a correction — the page's answer stays the MoonshotScore above.
On Sep 9, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 8, 2026, except a card that shows its own read date.
Watch the TPG film — every key number, told as a short cinematic story
~2 min · open the film
What is TPG (TPG), and what does it report?
Short answer · as of
TPG manages pooled vehicles across private equity, real estate, credit and other alternative strategies, while advising portfolio companies on financing, capital structure and strategic matters.
Research dated 2026-09-12.
TPG manages pooled vehicles across private equity, real estate, credit and other alternative strategies, while advising portfolio companies on financing, capital structure and strategic matters. Clients pay management fees, and activity around transactions, monitoring and investment performance can add less predictable revenue.
Reported revenue therefore measures more than a conventional asset manager’s base fees. Management fees form the core disclosed segment, but transaction fees, incentive fees, monitoring fees and reimbursements make the income statement sensitive to deal flow and realizations.
What do the latest results show for TPG (TPG)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $1.84B.
Research dated 2026-09-12.
The latest reported period reversed the preceding operating loss: revenue expanded sharply, operating profit returned, net income became positive and operating cash generation strengthened. Recent reported earnings and revenue also exceeded consensus estimates, extending a run of generally favorable surprises.
Management supplied an important qualification. Some capital-markets revenue was pulled forward, and that business is expected to step down in the following period, so the latest acceleration should not be treated as a clean recurring run rate.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $1.84B Jun 30, 2026
- Latest quarter · SG&A
- $174.36M Jun 30, 2026
- Latest quarter · FMP standardized operating result
- $421.65M Jun 30, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jun 30, 2026 | $1.84B | Not available | $174.36M | $421.65M |
| Mar 31, 2026 | $496.15M | Not available | $147.94M | −$120.32M |
| Dec 31, 2025 | $1.49B | Not available | $189.33M | $296.43M |
| Sep 30, 2025 | $840.04M | Not available | $166.20M | $228.14M |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $628.19M Aug 4, 2026
- Latest report · revenue estimate
- $596.79M Aug 4, 2026
- Latest report · revenue vs estimate
- Above estimate Aug 4, 2026
- Latest report · EPS vs estimate
- Above estimate Aug 4, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Aug 4, 2026 | $628.19M | $596.79M | $0.6900 | $0.5900 |
| May 1, 2026 | $637.77M | $608.07M | $0.7000 | $0.5920 |
| Feb 5, 2026 | $628.48M | $614.38M | $0.7100 | $0.6390 |
| Nov 4, 2025 | $840.04M | $539.99M | $0.5300 | $0.5620 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $1.84B | $93M | $0.39 (diluted) |
| Q1 FY2026 | $496M | -$1M | -$0.22 (diluted) |
| Q4 FY2025 | $1.49B | $77M | $0.50 (diluted) |
| Q3 FY2025 | $840M | $49M | $0.20 (diluted) |
What are the financial strengths and risks for TPG (TPG)?
Short answer
Cash and short-term investments were $944.66M at the Jun 30, 2026 balance-sheet date. Operating cash flow was $347.69M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.
Research dated 2026-09-12.
Operating cash flow has usually been positive and capital expenditure remains modest, fitting a management platform that does not require heavy physical investment. Cash and short-term investments have also recovered from the prior year-end level.
Debt exceeds cash and short-term investments, while most of the broader cash-and-investments total sits in long-term investments with an unclassified liquidity profile. That distinction matters: the headline investment balance should not be treated as immediately available cash, especially when earnings and cash conversion can swing with transaction activity and investment outcomes.
Data-derived red flags
- Financial-distress signal — its Altman Z-Score of 1.58 sits in the distress zone (elevated bankruptcy risk).
- Rich valuation — a P/E of 36.86 runs well above the Financial Services sector’s ~17.20x, leaving little room for a miss.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- $347.69M Jun 30, 2026
- Previous quarter · operating cash flow
- $176.55M Mar 31, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jun 30, 2026 | $347.69M | −$19.46M |
| Mar 31, 2026 | $176.55M | −$16.26M |
| Dec 31, 2025 | −$43.70M | −$9.32M |
| Sep 30, 2025 | $492.04M | −$10.05M |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at TPG (TPG)?
Short answer · as of
The next earnings report is expected on Oct 29, 2026.
Research dated 2026-09-12.
Fundraising execution is the clearest operating checkpoint. TPG expects major contributions from TPG Capital, Healthcare Partners, Rise Climate and newer strategies spanning transition infrastructure, sports and manager solutions; progress across those campaigns would support the future management-fee base.
Nearer-term results should be read against management’s warning that capital-markets revenue will retreat after activity was pulled forward. The later rise in the tax rate as deductions are exhausted is another reason to separate operating progress from movements in reported earnings.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
We expect our tax rate to remain in the high single digits in the third quarter and then step up in the fourth quarter after we fully utilize our deductions.
Jack Weingart ·
We continue to expect our capital raising to exceed $50 billion in 2026.
Jack Weingart ·
And looking at the back half of the year, we expect the largest contributors to our fundraising to include the following: In private equity, the completion of our TPG Capital X and Healthcare Partners III campaigns by the end of the year, final closes for our Rise Climate private equity funds, TRC II and the Global South initiative in the third quarter and continued progress across our newer strategies, which include transition infrastructure, Peppertree, GP Solutions, TPG Sports and TPG Next.
Jack Weingart ·
I did mention that we pulled forward some capital markets revenue into Q2, and we do expect a step down in capital markets in Q3.
Jack Weingart ·
How does TPG compare with its peers?
Short answer
TPG's score ranks 11th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-12.
TPG differs from a traditional public-markets manager because its offering is built around private equity, real estate, credit and other alternative vehicles, supplemented by portfolio-company advice, securities placement and capital-structure work. Revenue consequently blends contracted management fees with transaction and performance-linked streams rather than tracking only market levels and client flows.
It also differs from a balance-sheet lender: the main product is investment management and related advisory work, even though the balance sheet carries substantial investments and debt. That combination makes fee growth, fundraising, realizations and investment liquidity more informative than a banking-style reading of assets alone.
| Company | Price | Market value | Score |
|---|---|---|---|
| $110.67 Oct 7, 2026 | $7.12B | 98 5-pillar Oct 7, 2026 | |
| $372.14 Oct 7, 2026 | $10.0B | 97 5-pillar Oct 7, 2026 | |
| $378.73 Oct 7, 2026 | $30.6B | 90 5-pillar Oct 7, 2026 | |
| $18.40 Oct 7, 2026 | $13.4B | 86 5-pillar Oct 7, 2026 | |
| $103.19 Oct 7, 2026 | $22.2B | 80 5-pillar Oct 7, 2026 | |
| $26.63 Oct 7, 2026 | $23.1B | 79 5-pillar Oct 7, 2026 | |
| $486.37 Oct 7, 2026 | $44.2B | 78 5-pillar Oct 7, 2026 | |
| $34.47 Oct 7, 2026 | $15.7B | 72 5-pillar Oct 7, 2026 | |
| $9.48 Oct 7, 2026 | $28.6B | 69 5-pillar Oct 7, 2026 | |
| $19.71 Oct 7, 2026 | $21.7B | 68 5-pillar Oct 7, 2026 | |
| TPG (TPG) — this page | $44.23 | $17.0B | 67 |
| $115.62 Oct 7, 2026 | $38.0B | 57 5-pillar Oct 7, 2026 | |
| $23.36 Oct 7, 2026 | $19.0B | 56 5-pillar Oct 7, 2026 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $47.00 – $65.00
- Consensus target
- $57.56
- Median target
- $61.00
Consensus record · Captured .
Measured against a quoted price of $44.23 (as of Oct 7, 2026).
Insider activity
Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Aug 17, 2026
- Transactions
- 27
- Identified insiders
- 18
- Purchases
- 0
- Sales
- 0
- Other transactions
- 27
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 88.9% Period end Jun 30, 2026
- Previous quarter · ownership
- 82.1% Prior to period end Jun 30, 2026
- Reporting holders
- 390 Period end Jun 30, 2026
- Previous quarter · holders
- 373 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Wellington Management Group Llp | 11,019,487 |
| Temasek Holdings (Private) Ltd | 10,163,065 |
| Darlington Partners Capital Management, LP | 9,000,000 |
| Blackrock, INC. | 7,980,804 |
| Millennium Management LLC | 7,833,431 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about TPG (TPG)?
- TPG to Announce Third Quarter 2026 Financial Results and Host Investor Call
- TPG, StepStone Group, Ridgepost Capital, Perella Weinberg, and Lazard Shares Are Falling, What You Need To Know
- How AI Data Center Financing Could Lift TPG Stock And Other Credit Plays
- TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock
What Investors Ask About TPG (TPG) — Financial Services
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.
Why could TPG capital-markets revenue retreat after a strong period?
Management said some capital-markets revenue arrived earlier than it otherwise would have and expects that contribution to decline in the following period. The retreat would therefore reflect timing identified by management rather than, by itself, a change in the wider franchise.
Which TPG strategies matter most to the current fundraising push?
Management highlighted TPG Capital, Healthcare Partners and Rise Climate, alongside newer strategies in transition infrastructure, sports, manager solutions and related areas. Successful closes would enlarge the capital base from which future management fees can be earned.
Why is TPG cash and investments not the same as ready liquidity?
Most of the combined balance is classified as long-term investments, and its liquidity classification is not specified. Cash and short-term investments are materially smaller, so debt coverage should be assessed against the liquid portion rather than the combined headline.
Why do TPG insider records show activity without open-market trades?
The recorded activity consists of awards, in-kind transactions and another transaction category rather than purchases or sales. It describes changes in reported holdings but does not establish an open-market trading signal.
What is the TPG stock price today?
The last price recorded on this page for TPG Inc. (TPG) is $44.23, as of the Oct 7, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the TPG price target?
The analyst consensus price target for TPG Inc. (TPG) is $57.56 (range $47.00 to $65.00, median $61.00), per FMP data captured Oct 7, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
Does TPG pay a dividend?
Yes. TPG Inc. (TPG) shows a trailing 12-month dividend yield of 5.06%, as of Oct 7, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (82 figures)
The 82 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Jack Weingart (Aug 4, 2026): We expect our tax rate to remain in the high single digits in the third quarter and then step up in the fourth quarter after we fully utilize our deductions. Jack Weingart (Aug 4, 2026): We continue to expect our capital raising to exceed $50 billion in 2026. Jack Weingart (Aug 4, 2026): And looking at the back half of the year, we expect the largest contributors to our fundraising to include the following: In private equity, the completion of our TPG Capital X and Healthcare Partners III campaigns by the end of the year, final closes for our Rise Climate private equity funds, TRC II and the Global South initiative in the third quarter and continued progress across our newer strategies, which include transition infrastructure, Peppertree, GP Solutions, TPG Sports and TPG Next. Jack Weingart (Aug 4, 2026): I did mention that we pulled forward some capital markets revenue into Q2, and we do expect a step down in capital markets in Q3. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | 301 Commerce Street, Suite 3300, Fort Worth, TX, 76102 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "301 Commerce Street, Suite 3300, Fort Worth, TX, 76102, US". |
FMP — 71 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Oct 29, 2026 | FMP | Financial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it. | |
px.last | Latest provided price | $44.23 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-07T15:04:38.213Z. | |
px.change | Change on the day | -1.63% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalization | $17.0B | FMP | Financial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-07. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | −$0.735 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q2 FY2026 | $1.84B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.range52 | 52-week range | $36.95–$70.38 | FMP | Financial Modeling Prep (FMP) quote | |
px.pe | Price / earnings (trailing) | 36.86 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 320.4K | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 1.45 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Jon Winkelried | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.founder | Founder named in the filing | James George Coulter — Founder & Executive Chairman | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 1,900 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2021 through FY2025: FY2021 revenue $5.58B, net result $2.18B; FY2022 revenue $1.50B, net result $92.43M; FY2023 revenue $1.86B, net result $80.09M; FY2024 revenue $2.62B, net result $23.48M; FY2025 revenue $4.67B, net result $184.59M | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Incentive Fees $49.29M · Management fees $1.83B · Monitoring Fees $29.01M · Transaction Fees $231.39M · Expense Reimbursements And Other $288.03M | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 95.9% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-06-30.revenue_k | Revenue — period end 2026-06-30 | $1.84B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-30.sga_k | SG&A — period end 2026-06-30 | $174.36M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-30.operating_result_k | FMP standardized operating result — period end 2026-06-30 | $421.65M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.revenue_k | Revenue — period end 2026-03-31 | $496.15M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.sga_k | SG&A — period end 2026-03-31 | $147.94M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.operating_result_k | FMP standardized operating result — period end 2026-03-31 | −$120.32M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.revenue_k | Revenue — period end 2025-12-31 | $1.49B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.sga_k | SG&A — period end 2025-12-31 | $189.33M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.operating_result_k | FMP standardized operating result — period end 2025-12-31 | $296.43M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.revenue_k | Revenue — period end 2025-09-30 | $840.04M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.sga_k | SG&A — period end 2025-09-30 | $166.20M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.operating_result_k | FMP standardized operating result — period end 2025-09-30 | $228.14M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-08-04.revenue_actual | Revenue · reported — report date 2026-08-04 | $628.19M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-04.revenue_estimated | Revenue · estimate — report date 2026-08-04 | $596.79M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-04.eps_actual | EPS · reported — report date 2026-08-04 | $0.6900 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-04.eps_estimated | EPS · estimate — report date 2026-08-04 | $0.5900 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-01.revenue_actual | Revenue · reported — report date 2026-05-01 | $637.77M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-01.revenue_estimated | Revenue · estimate — report date 2026-05-01 | $608.07M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-01.eps_actual | EPS · reported — report date 2026-05-01 | $0.7000 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-01.eps_estimated | EPS · estimate — report date 2026-05-01 | $0.5920 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-05.revenue_actual | Revenue · reported — report date 2026-02-05 | $628.48M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-05.revenue_estimated | Revenue · estimate — report date 2026-02-05 | $614.38M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-05.eps_actual | EPS · reported — report date 2026-02-05 | $0.7100 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-05.eps_estimated | EPS · estimate — report date 2026-02-05 | $0.6390 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-04.revenue_actual | Revenue · reported — report date 2025-11-04 | $840.04M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-04.revenue_estimated | Revenue · estimate — report date 2025-11-04 | $539.99M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-04.eps_actual | EPS · reported — report date 2025-11-04 | $0.5300 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-04.eps_estimated | EPS · estimate — report date 2025-11-04 | $0.5620 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $944.66M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | $347.69M | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $9.63B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $2.99B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 5.99× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-06-30.operating_cash_flow_m | Operating cash flow — period end 2026-06-30 | $347.69M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.operating_cash_flow_m | Operating cash flow — period end 2026-03-31 | $176.55M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-06-30.capex_m | Capital expenditure (reported) — period end 2026-06-30 | −$19.46M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.capex_m | Capital expenditure (reported) — period end 2026-03-31 | −$16.26M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.operating_cash_flow_m | Operating cash flow — period end 2025-12-31 | −$43.70M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.capex_m | Capital expenditure (reported) — period end 2025-12-31 | −$9.32M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.operating_cash_flow_m | Operating cash flow — period end 2025-09-30 | $492.04M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.capex_m | Capital expenditure (reported) — period end 2025-09-30 | −$10.05M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $47.00 – $65.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 7, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $57.56 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 7, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $61.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 7, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 27 transactions · 0 purchases, 0 sales, 27 other transactions · 18 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Aug 17, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. | |
own.institutions.depth.ownership_pct | Institutional ownership | 88.9% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 82.1% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 390 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 373 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Wellington Management Group Llp — shares in provider snapshot | 11,019,487 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Temasek Holdings (Private) Ltd — shares in provider snapshot | 10,163,065 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Darlington Partners Capital Management, LP — shares in provider snapshot | 9,000,000 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | Blackrock, INC. — shares in provider snapshot | 7,980,804 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | Millennium Management LLC — shares in provider snapshot | 7,833,431 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 2 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.history | Reported versus estimated, recent quarters | EPS beat 7 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-04 · Expired observation | |
fin.scores | Distress and quality screens | Altman Z 1.58 · Piotroski F 6 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-07 |
COMPUTED — 5 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 18.00× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $944.66M at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-07. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio. |
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $2.24 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-07, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 5.06% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | |
earn.history.depth.2026-08-04.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($628.19M) with the recorded estimate ($596.79M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-08-04.eps_actual.comparison | Latest report · EPS vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.6900) with the recorded estimate ($0.5900) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 2 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 67 of 100 · Strong · pillars 85 / 15 / 72 / 88 / 42 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.moonshot_change | MoonshotScore movement | 66 (stored snapshot Oct 6, 2026) → 67 (current publication computed Oct 7, 2026) (+1) | OURS | Stock Expert AI current score publication and immutable score snapshots |
Fact-family notes
- Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-06-30.revenue_k,fin.q_table.depth.2026-06-30.sga_k,fin.q_table.depth.2026-06-30.operating_result_k,fin.q_table.depth.2026-03-31.revenue_k,fin.q_table.depth.2026-03-31.sga_k,fin.q_table.depth.2026-03-31.operating_result_k,fin.q_table.depth.2025-12-31.revenue_k,fin.q_table.depth.2025-12-31.sga_k,fin.q_table.depth.2025-12-31.operating_result_k,fin.q_table.depth.2025-09-30.revenue_k,fin.q_table.depth.2025-09-30.sga_k,fin.q_table.depth.2025-09-30.operating_result_k. - Earnings-history note. Source series as of 2026-08-04. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-08-04.revenue_actual,earn.history.depth.2026-08-04.revenue_estimated,earn.history.depth.2026-08-04.revenue_actual.comparison,earn.history.depth.2026-08-04.eps_actual.comparison,earn.history.depth.2026-08-04.eps_actual,earn.history.depth.2026-08-04.eps_estimated,earn.history.depth.2026-05-01.revenue_actual,earn.history.depth.2026-05-01.revenue_estimated,earn.history.depth.2026-05-01.eps_actual,earn.history.depth.2026-05-01.eps_estimated,earn.history.depth.2026-02-05.revenue_actual,earn.history.depth.2026-02-05.revenue_estimated,earn.history.depth.2026-02-05.eps_actual,earn.history.depth.2026-02-05.eps_estimated,earn.history.depth.2025-11-04.revenue_actual,earn.history.depth.2025-11-04.revenue_estimated,earn.history.depth.2025-11-04.eps_actual,earn.history.depth.2025-11-04.eps_estimated. - Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-06-30.operating_cash_flow_m,fin.opcf.depth.2026-03-31.operating_cash_flow_m,fin.opcf.depth.2026-06-30.capex_m,fin.opcf.depth.2026-03-31.capex_m,fin.opcf.depth.2025-12-31.operating_cash_flow_m,fin.opcf.depth.2025-12-31.capex_m,fin.opcf.depth.2025-09-30.operating_cash_flow_m,fin.opcf.depth.2025-09-30.capex_m.
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Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | TPG Inc. operates globally as a specialized manager of alternative investments. The firm delivers a suite of services, including investment management for diverse pooled vehicles such as unconsolidated funds and collateralized loan obligations. Additionally, TPG provides comprehensive oversight and strategic advisory services to its portfolio companies, encompassing capital structuring, facilitating debt and equity arrangements, and general consultation. It also assists with underwriting and placing securities. TPG allocates capital across various asset classes, with significant investments in private equity funds, real estate funds, credit funds, and funds of hedge funds. Established in 1992, TPG Inc. maintains its headquarters in Fort Worth, Texas, and functions as a subsidiary of TPG GP A, LLC. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Incentive Fees: $49.29M; Management fees: $1.83B; Monitoring Fees: $29.01M; Transaction Fees: $231.39M; Expense Reimbursements And Other: $288.03M | 2025-12-31 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-12-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Management outlook — dated call excerpts | Captured record · 4 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-08-04 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
| Sector / industry (provider taxonomy) | Financial Services / Asset Management The company's SEC filings classify it under SIC 6282 — Investment Advice. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-08-04 | FMP | Financial Modeling Prep (FMP) earnings |
| Most recent periodic reports | 2026-08-04 | OFFICIAL | SEC EDGAR filer submissions | |
| Cash, investments and debt | Total debt: $2.99B; Liquidity basis: cash and short-term investments; Total liabilities: $10.29B; Cash and short-term investments: $944.66M; Cash and investments: $10.57B; Long-term investments: $9.63B; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $10.57B; Cash and short-term investments: $944.70M; Long-term investments: $9.63B; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-06-30 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Trailing twelve-month ratio set | Debt to equity: 2.42; Net margin: 4.7%; Gross margin: 95.9%; Operating margin: 17.7%; Return on assets: 1.6%; Return on equity: 18.6% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Distress and quality screens | Altman Z-score: 1.62; Piotroski F-score: 6 Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) financial scores |
| Next earnings report | Date: 2026-11-03; EPS estimate: $0.7 per share; Revenue estimate: $633.09M The date is our provider's estimate until the company confirms it. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-12 | FMP | Financial Modeling Prep (FMP) analyst estimates |
| Insider transactions, last 180 days | Net shares: 318,430; Window days: 180; Price low: $39.42; Clustered days: 2026-07-15; 2026-08-05; Price high: $43.15; Buy transactions: 0; Distinct insiders: 18; Sell transactions: 0; Other transactions: 28; Total transactions: 28; Other transaction types: A-Award: 23, J-Other: 1, F-InKind: 4; Unknown direction transactions: 0 Purchase and sale counts require explicit provider transaction types, without a conflicting acquisition/disposition direction. Other transactions retain their provider type; awards, exercises, gifts and in-kind transactions are not counted as purchases or sales. Net shares sums acquired minus disposed shares across direction-known records, including other transaction types; unknown directions are excluded. It is not net purchases or a verified change in beneficial ownership. Named-insider counts, same-day clusters and positive reported prices cover all retained records. Filing dates are used only when transaction dates are absent. Neither timing nor price establishes motive or whether a transaction was on the open market. | 2026-08-17 | FMP | Financial Modeling Prep (FMP) insider transactions, from Form 4 filings |
Data provided for informational purposes only.