Stocks · Financial Services · Asset Management
TPG Inc. TPG
$44.67 -0.13% Close, Oct 2, 2026 · NASDAQ · Market cap $17.12B
Strong growthHigh qualityHigh risk
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to 17.7% from 5.3% a year earlier.
- Revenue over the last four quarters was $4.67B, up 65.6% from a year earlier, accelerating from 29.0% a quarter earlier.
- The stock is 36% below its highest close of the past year.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 5%
- FCF growth (TTM, YoY)Top 17%
- Revenue growth, 3-year CAGRTop 7%
- Revenue growth accelerationTop 3%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 6%
- Gross marginTop 3%
- Operating marginBottom 40%
- Cash conversion (OCF / net income)Top 5%
- Accruals (lower is better)Top 15%
- Net debt / EBITDA (lower is better)Bottom 42%
- Interest coverTop 16%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 22%
- Free-cash-flow yieldBottom 36%
- EBITDA / enterprise valueBottom 42%
- Sales / enterprise valueBottom 34%
- P/E vs own 5-year history (lower is better)Top 46%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 20%
- 6-month returnTop 27%
- 1-year return vs S&P 500Bottom 15%
- Distance from 52-week highBottom 11%
- Trend checklist (0–4)Bottom 27%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 27%
- Consecutive EPS beatsTop 34%
- Share of analysts rating BuyTop 24%
- Upside to consensus price targetTop 21%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 18%
- Maximum drawdown, 3 yearsBottom 19%
- Beta vs S&P 500 (lower is better)Bottom 6%
- Net debt / EBITDA (lower is better)Bottom 42%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 29.0% | 65.6% | ↑ |
| Gross margin | 96.7% | 95.9% | ↓ |
| Operating margin | 5.3% | 17.7% | ↑ |
| FCF margin | 15.7% | 19.7% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 65.6% | 29.0% | ↑ | Top 5% |
| Gross margin | 95.9% | 96.7% | ↓ | Top 3% |
| Operating margin | 17.7% | 5.3% | ↑ | Bottom 40% |
| Net margin | 4.7% | 2.2% | ↑ | — |
| Free-cash-flow margin | 19.7% | 15.7% | ↑ | — |
| Return on invested capital | 19.7% | — | Top 6% | |
| Revenue growth, 3-year CAGR | 45.8% | — | Top 7% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 10.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -165.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.04×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 8.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 7.77%
- Net buyback yield (TTM)
- 0.05%
- Shareholder yield
- 7.82%
- Share count change, 1 year
- -0.2%
- Share count change, 3-year CAGR
- +6.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +10.2%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $57.56
- Target vs current price
- +28.9%
- Analysts with a rating
- 18
- Share rating Buy or Strong Buy
- 67%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +16.9% | +5.7% | +6.6% | +16.8% | — |
| May 1, 2026 | +18.2% | +1.4% | +2.0% | -2.4% | +0.3% |
| Feb 5, 2026 | +11.1% | -4.5% | -11.4% | -19.8% | -21.2% |
| Nov 4, 2025 | -5.7% | -2.6% | +0.5% | +6.4% | +7.5% |
| Aug 6, 2025 | +52.8% | +5.1% | +11.2% | +1.5% | -1.9% |
| May 7, 2025 | +4.9% | +0.2% | +14.4% | +5.2% | +20.9% |
| Feb 11, 2025 | +18.5% | -2.5% | -3.5% | -22.0% | -25.8% |
| Nov 4, 2024 | +1.0% | -6.3% | +0.4% | +4.5% | +2.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $0.69 | $0.59 | +16.9% | $628.2M |
| May 1, 2026 | $0.70 | $0.59 | +18.2% | $637.8M |
| Feb 5, 2026 | $0.71 | $0.64 | +11.1% | $628.5M |
| Nov 4, 2025 | $0.53 | $0.56 | -5.7% | $840.0M |
| Aug 6, 2025 | $0.69 | $0.45 | +52.8% | $921.3M |
| May 7, 2025 | $0.48 | $0.46 | +4.9% | $743.3M |
| Feb 11, 2025 | $0.62 | $0.52 | +18.5% | $721.4M |
| Nov 4, 2024 | $0.45 | $0.45 | +1.0% | $614.2M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 51.3× | 29.9× | 50th | Bottom 22% |
| P/E (forward) | 15.8× | — | — | — |
| EV / EBITDA | 19.1× | — | — | Bottom 42% |
| EV / Sales | 4.11× | — | — | Bottom 34% |
| Free-cash-flow yield | 5.36% | — | — | Bottom 36% |
| Earnings yield | 1.95% | — | — | Bottom 22% |
P/E over the past five years
Range 0.5× – 435.0× since Sep 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +3.7%
- 200-day average slope (20 days)
- -2.8%
- Distance from 50-day average
- -7.9%
- Distance from 200-day average
- -6.5%
- RSI (14)
- 38.7
- Relative volume
- 1.28×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 37.8%
- Volatility vs own 5-year history
- 52th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.62
- Correlation with S&P 500
- 0.64
- Current drawdown from 1-year high
- -35.9%
- Maximum drawdown, 3 years
- -46.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 25, 2024 | Apr 6, 2026 | -46.8% | 338 days | Not yet recovered |
| Nov 11, 2022 | May 24, 2023 | -40.0% | 132 days | 142 days (Dec 15, 2023) |
| Feb 2, 2022 | Jun 16, 2022 | -32.3% | 93 days | 101 days (Nov 9, 2022) |
| Jul 31, 2024 | Aug 6, 2024 | -15.8% | 4 days | 25 days (Sep 11, 2024) |
| Mar 21, 2024 | Jun 7, 2024 | -15.1% | 54 days | 25 days (Jul 16, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $17.12B
- P/E (TTM)
- 51.3
- EPS, diluted (TTM)
- $0.87
- Revenue (TTM)
- $4.67B
- Dividend yield
- 5.01%
- 52-week range
- $36.95 – $70.38
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $5.58B | $1.50B | $1.86B | $2.62B | $4.67B |
| Gross profit | $5.56B | $1.48B | $1.82B | $2.54B | $4.52B |
| Operating income | $4.67B | -$23.8M | $83.7M | -$24.8M | $685.1M |
| Net income | $2.18B | $92.4M | $80.1M | $23.5M | $184.6M |
| EPS (diluted) | $65.75 | -$0.19 | $0.22 | $0.06 | $1.21 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $636.0M | $744.5M | $743.3M | $696.0M | $840.0M | $1.49B | $496.2M | $1.84B |
| Net income | $9.0M | $13.0M | $25.4M | $14.9M | $49.3M | $77.1M | -$1.5M | $93.4M |
| EPS (diluted) | -$0.08 | -$0.06 | $0.00 | -$0.05 | $0.20 | $0.50 | -$0.22 | $0.39 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.47B | $1.38B | $720.5M | $532.1M | $1.03B |
| Capital expenditure | -$1.8M | -$2.4M | -$16.7M | -$28.1M | -$28.8M |
| Free cash flow | $1.47B | $1.37B | $703.8M | $504.0M | $1.00B |
| Dividends paid | -$1.07B | -$662.8M | -$643.2M | -$832.5M | -$1.23B |
| Net share buybacks | $630.2M | $468.6M | -$661.0M | -$67.7M | -$190.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $944.7M
- Total assets
- $14.03B
- Total liabilities
- $10.29B
- Total debt
- $2.99B
- Net debt
- $2.04B
- Shareholders’ equity
- $1.24B
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 14, 2026 | $0.59 | Aug 28, 2026 |
| May 11, 2026 | $0.59 | May 26, 2026 |
| Feb 19, 2026 | $0.61 | Mar 5, 2026 |
| Nov 14, 2025 | $0.45 | Dec 1, 2025 |
| Aug 18, 2025 | $0.59 | Sep 2, 2025 |
| May 19, 2025 | $0.41 | Jun 2, 2025 |
| Feb 21, 2025 | $0.53 | Mar 7, 2025 |
| Nov 14, 2024 | $0.38 | Dec 2, 2024 |
Short interest
- Shares sold short
- 11,409,997
- Days to cover
- 4.46
- Change vs previous report
- +5.8%
FINRA short interest, settlement date Sep 15, 2026.