NASDAQ$TPG

TPG Inc. · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported strong financial results despite a volatile global macroeconomic and geopolitical environment.

TPG reported strong second-quarter financial results, with AUM increasing to $127 billion, driven by significant fundraising activity. The company raised $13 billion during the quarter and $31 billion over the last twelve months. After-tax Distributable Earnings tripled compared to the pro forma period in 2021.

  • AUM reached $127 billion as of June 30, 2022, up 17% year-over-year.
  • GAAP net loss attributable to TPG Inc. was $10 million.
  • Fee-Related Earnings more than doubled to $102 million compared to the pro forma quarter ending June 30, 2021.
  • After-tax Distributable Earnings more than tripled to $162 million (or $0.46 per share of Class A common stock).

Headline financials

Total Revenue

-$108M

Previous: $2.34B-104.6%
EPS (adj)

$0.46

Previous: $27.69-98.3%
Free Cash Flow

-$9.86M

No prior period
Net Income

-$9.86M

Previous: $2.14B-100.5%
Operating Income

-$162M

Previous: $2.14B-107.6%
Gross Profit

-$108M

Previous: $2.21B-104.9%
Cash & Equivalents

$1.18B

No prior period
Total Assets

$8.59B

No prior period

Revenue & EPS history

TPG · Revenue · Quarterly

-$108M

Q2 2022-104.6%vs Q2 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

TPG is well-positioned to deploy capital across its core sectors and themes in an increasingly favorable investment environment, with $39 billion of dry powder.

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 Q2 2022

Historical avgQ2 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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