TPG (NASDAQ:TPG) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS

TPG (NASDAQ:TPG) posted its quarterly earnings data on Thursday. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.06, Briefing.com reports. TPG had a return on equity of 26.96% and a net margin of 3.95%.The business had revenue of $628.48 million for the quarter, compared to analysts’ expectations of $548.40 million. During the same period in the previous year, the firm posted $0.62 EPS. The business’s revenue was up 35.6% on a year-over-year basis.

Here are the key takeaways from TPG’s conference call:

• Record fundraising — TPG raised a record $51 billion in 2025 (up 71% YoY) and expects aggregate capital raising to exceed $50 billion in 2026, signaling durable LP demand and scale.
• Stronger earnings and margins — Fee‑related revenue was $2.1 billion for the year with fee‑related earnings of $953 million, a FY FRE margin of 45% (Q4 margin 52%), guidance for ~47% FRE margin in 2026, and Q4 after‑tax distributable earnings of $304 million.
• Credit franchise expansion and strategic partnerships — Credit raised a record $21 billion in 2025, invested a record $25 billion, launched the ADL evergreen direct lending strategy (first close $875 million equity) and struck a long‑term insurance partnership with Jackson to extend fee duration.
• Software & AI positioning — Software is ~11% of AUM (18% of PE AUM) and TPG says it is selectively focused on AI‑benefitting verticals, systems‑of‑record, and cybersecurity, arguing limited exposure to more AI‑disrupted horizontals.
• Near‑term financial and perception risks — Pro‑forma net debt rises to ~$2.1 billion after the Jackson investment, NY office build‑out costs will continue through 2026, and management acknowledged continued market skepticism about direct‑lending valuations and the lumpiness of capital‑markets/transaction fees.

TPG Trading Down 0.1%

Shares of TPG traded down $0.06 during midday trading on Monday, hitting $54.96. The stock had a trading volume of 6,322,834 shares, compared to its average volume of 2,980,821. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.47. The firm has a market cap of $20.78 billion, a P/E ratio of 124.91, a price-to-earnings-growth ratio of 0.83 and a beta of 1.50. TPG has a fifty-two week low of $37.52 and a fifty-two week high of $70.38. The business has a 50-day simple moving average of $63.37 and a two-hundred day simple moving average of $60.23.

TPG Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 19th will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 4.4%. This is a positive change from TPG’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, February 19th. TPG’s payout ratio is currently 409.09%.

Analyst Ratings Changes

Several research analysts recently issued reports on TPG shares. Morgan Stanley set a $67.00 price objective on shares of TPG in a research note on Tuesday, January 27th. Wolfe Research reiterated an “outperform” rating and set a $80.00 price target on shares of TPG in a research report on Wednesday, January 7th. Citizens Jmp raised TPG from a “market perform” rating to an “outperform” rating and set a $75.00 target price for the company in a report on Monday. JPMorgan Chase & Co. lowered their target price on shares of TPG from $78.00 to $76.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Finally, TD Cowen reiterated a “hold” rating on shares of TPG in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, TPG has an average rating of “Moderate Buy” and a consensus price target of $69.00.

Institutional Trading of TPG

Several large investors have recently made changes to their positions in TPG. Comerica Bank raised its stake in TPG by 43.1% during the 1st quarter. Comerica Bank now owns 1,545 shares of the company’s stock valued at $73,000 after purchasing an additional 465 shares during the last quarter. Royal Bank of Canada grew its position in TPG by 86.3% during the first quarter. Royal Bank of Canada now owns 7,901 shares of the company’s stock worth $375,000 after buying an additional 3,659 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in TPG by 4,109.1% during the first quarter. Goldman Sachs Group Inc. now owns 571,004 shares of the company’s stock valued at $27,083,000 after acquiring an additional 557,438 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in TPG by 156.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 483,680 shares of the company’s stock valued at $22,941,000 after acquiring an additional 294,941 shares in the last quarter. Finally, Cetera Investment Advisers bought a new stake in shares of TPG in the 2nd quarter worth approximately $216,000. Institutional investors own 94.03% of the company’s stock.

TPG Company Profile

TPG Inc (NASDAQ: TPG) is a global alternative asset management firm that invests across a range of strategies including private equity, growth equity, real assets, credit and hedge funds. Founded in 1992 as Texas Pacific Group, the firm has expanded its product set to serve a broad set of institutional and individual investors through commingled funds, separately managed accounts and other customized investment vehicles.

TPG operates investment platforms that target buyouts, growth-stage companies, real estate and credit opportunities, and it has developed dedicated thematic and impact vehicles such as the TPG Rise Fund to pursue social and environmental outcomes alongside financial returns.