NASDAQ$TPG

TPG Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

TPG reported first quarter 2022 results with net income of $41 million and distributable earnings more than tripled compared to the prior year.

TPG Inc. reported strong financial results for the first quarter of 2022, highlighting momentum across its five multi-product platforms. The company's after-tax distributable earnings more than tripled compared to the same period in 2021, and total assets under management increased by 26%. TPG also announced its first dividend as a public company.

  • GAAP net income attributable to TPG Inc. was $41 million for the first quarter ended March 31, 2022.
  • The company announced its first dividend as a public company, at $0.44 per share of Class A common stock for the first quarter of 2022.
  • After-tax Distributable Earnings for the first quarter ended March 31, 2022, more than tripled compared to the comparable period in 2021, reaching $199 million (or $0.52 per share of Class A common stock).
  • Total assets under management reached $120 billion as of March 31, 2022, a 26% increase compared to $95 billion as of March 31, 2021.

Headline financials

Total Revenue

$1.11B

Previous: $1.35B-18.0%
EPS (adj)

$0.52

Previous: $15.02-96.5%
Free Cash Flow

$41.3M

No prior period
Net Income

$41.3M

Previous: $1.16B-96.4%
Operating Income

$168M

Previous: $1.16B-85.6%
Gross Profit

$1.11B

Previous: $1.23B-9.5%
Cash & Equivalents

$1.45B

No prior period
Total Assets

$9.66B

No prior period

Revenue & EPS history

TPG · Revenue · Quarterly

$1.11B

Q1 2022-18%vs Q1 2021
Beat estimate in 10 of 12 quarters(83%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.9%

Avg return

Earnings day

+2.6%

Avg return

5 days after

-0.9%

Avg return

30 days after

53%

9 / 17 earnings

Positive

+25.6%

Q3 2022

Best reaction

-7.8%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.3%+3.2%-2.4%
Q4 2025-4.5%-5.4%-23.2%
Q3 2025-2.6%+0.6%+11.0%
Q1 2025+0.2%+13.7%+8.8%
Q4 2024-2.5%-4.8%-25.4%
Q3 2024-7.7%+0.4%+5.8%
Q2 2024+1.5%+7.2%+15.6%
Q1 2024-4.6%-5.9%-12.2%
Q4 2023-3.9%-4.9%-2.2%
Q3 2023+6.2%+7.5%+25.7%
Q2 2023-7.8%-7.7%-3.6%
Q1 2023+0.3%-1.7%+8.2%
Q4 2022+2.0%+3.1%-16.6%
Q3 2022+25.6%+19.0%-1.5%
Q2 2022+6.5%+7.2%+2.3%
Q1 2022+3.2%+9.8%+9.4%
Q4 2021+4.2%+2.9%-14.3%
Q3 2021
Q2 2021
Q1 2021
Q4 2020

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