TPG (TPG) Revenue & Revenue Breakdown
TPG Revenue Highlights
Latest Revenue (Y)
$2.40B
Latest Revenue (Q)
$741.40M
Main Segment (Y)
Management fees
Main Geography (Y)
Management fees
TPG Revenue by Period
TPG Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.40B | 26.17% |
| 2022-12-31 | $1.90B | -65.87% |
| 2021-12-31 | $5.56B | 147.69% |
| 2020-12-31 | $2.25B | 5.14% |
| 2019-12-31 | $2.14B | 35.87% |
| 2018-12-31 | $1.57B | - |
TPG generated $2.40B in revenue during NA 2023, up 26.17% compared to the previous quarter, and up 152.38% compared to the same period a year ago.
TPG Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $741.40M | -10.18% |
| 2024-03-31 | $825.40M | -15.97% |
| 2023-12-31 | $982.26M | 506.52% |
| 2023-09-30 | $161.95M | -73.42% |
| 2023-06-30 | $609.39M | -7.74% |
| 2023-03-31 | $660.48M | 56.44% |
| 2022-12-31 | $422.19M | -25.48% |
| 2022-09-30 | $566.51M | -376.40% |
| 2022-06-30 | $-204.96M | -118.37% |
| 2022-03-31 | $1.12B | -1.40% |
| 2021-12-31 | $1.13B | 52.64% |
| 2021-09-30 | $741.34M | -68.27% |
| 2021-06-30 | $2.34B | 72.45% |
| 2021-03-31 | $1.35B | 1.53% |
| 2020-12-31 | $1.33B | - |
TPG generated $741.40M in revenue during Q2 2024, up -10.18% compared to the previous quarter, and up 112.25% compared to the same period a year ago.
TPG Revenue Breakdown
TPG Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 |
|---|---|---|
| Transaction Fees | $99.43M | $97.91M |
| Expense Reimbursements And Other | $233.57M | $209.38M |
| Incentive Fees | $2.81M | $5.18M |
| Management fees | $1.19B | $931.29M |
| Monitoring Fees | $10.87M | $14.33M |
| Fee Credits | - | $-11.46M |
TPG's latest annual revenue breakdown by segment (product or service), as of Dec 23: Management fees (77.41%), Expense Reimbursements And Other (15.22%), Transaction Fees (6.48%), Monitoring Fees (0.71%), and Incentive Fees (0.18%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 |
|---|---|---|---|---|---|---|---|---|---|
| Transaction Fees | $36.19M | $52.92M | $29.23M | $14.80M | $2.47M | $43.62M | $11.78M | $13.30M | $29.21M |
| Monitoring Fees | $6.11M | $3.29M | $2.39M | $2.43M | $2.76M | $2.96M | $3.83M | $3.54M | $4.00M |
| Management fees | $407.42M | $399.92M | $278.96M | $258.50M | $250.56M | $249.90M | $253.84M | $222.74M | $204.81M |
| Incentive Fees | $3.88M | - | - | - | $350.00K | $4.83M | - | - | - |
| Expense Reimbursements And Other | $58.71M | $70.39M | $55.57M | $51.37M | $56.24M | $54.07M | $64.90M | $47.10M | $43.31M |
| Fee Credits | - | - | - | - | $-559.00K | $-378.00K | $-1.19M | $-1.56M | $-8.33M |
TPG's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Management fees (79.53%), Expense Reimbursements And Other (11.46%), Transaction Fees (7.06%), Monitoring Fees (1.19%), and Incentive Fees (0.76%).
TPG Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 |
|---|---|
| Monitoring Fees | $14.33M |
| Expense Reimbursements And Other | $209.38M |
| Fee Credits | $-11.46M |
| Incentive Fees | $5.18M |
| Management fees | $931.29M |
| Transaction Fees | $97.91M |
TPG's latest annual revenue breakdown by geography, as of Dec 22: Management fees (74.70%), Expense Reimbursements And Other (16.80%), Transaction Fees (7.85%), Monitoring Fees (1.15%), Incentive Fees (0.42%), and Fee Credits (-0.92%).
TPG Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| APO | Apollo Global Management | $32.78B | $6.02B |
| KKR | KKR | $14.50B | $4.56B |
| ARES | Ares Management | $3.63B | $890.54M |
| CG | Carlyle Group | $2.96B | $1.07B |
| TPG | TPG | $2.40B | $741.40M |
| ARCC | Ares Capital | $2.08B | $767.00M |
| OWL | Blue Owl Capital | $1.73B | $549.85M |
| FHI | Federated Hermes | $1.61B | $402.06M |
| STEP | StepStone Group | $710.60M | $357.83M |
| PAX | Patria Investments | $327.60M | $63.90M |
| CION | CION Investment | $251.01M | $61.36M |
| CGBD | Carlyle Secured Lending | $202.13M | $58.26M |
| BX | Blackstone | - | $2.87B |
| AMG | Affiliated Managers Group | - | $500.30M |
TPG Revenue FAQ
What is TPG’s yearly revenue?
TPG's yearly revenue for 2023 was $2.4B, representing an increase of 26.17% compared to 2022. The company's yearly revenue for 2022 was $1.9B, representing a decrease of -65.87% compared to 2021. TPG's yearly revenue for 2021 was $5.56B, representing an increase of 147.69% compared to 2020.
What is TPG’s quarterly revenue?
TPG's quarterly revenue for Q2 2024 was $741.4M, a -10.18% decrease from the previous quarter (Q1 2024), and a 21.66% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $825.4M, a -15.97% decrease from the previous quarter (Q4 2023), and a 24.97% increase year-over-year (Q1 2023). TPG's quarterly revenue for Q4 2023 was $982.26M, a 506.52% increase from the previous quarter (Q3 2023), and a 132.66% increase year-over-year (Q4 2022).
What is TPG’s revenue growth rate?
TPG's revenue growth rate for the last 3 years (2021-2023) was -56.93%, and for the last 5 years (2019-2023) was 12.15%.
What are TPG’s revenue streams?
TPG's revenue streams in c 23 are Transaction Fees, Expense Reimbursements And Other, Incentive Fees, Management fees, and Monitoring Fees. Transaction Fees generated $99.43M in revenue, accounting 6.48% of the company's total revenue, up 1.55% year-over-year. Expense Reimbursements And Other generated $233.57M in revenue, accounting 15.22% of the company's total revenue, up 11.55% year-over-year. Incentive Fees generated $2.82M in revenue, accounting 0.18% of the company's total revenue, down -45.69% year-over-year. Management fees generated $1.19B in revenue, accounting 77.41% of the company's total revenue, up 27.56% year-over-year. Monitoring Fees generated $10.87M in revenue, accounting 0.71% of the company's total revenue, down -24.17% year-over-year.
What is TPG’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of TPG was Management fees. This segment made a revenue of $1.19B, representing 77.41% of the company's total revenue.