NASDAQ$TPG
TPG Inc. · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported strong financial results with fee-related earnings growth and completed the acquisition of Angelo Gordon.
TPG reported strong Q3 2023 financial results, with a 29% year-over-year increase in fee-related earnings to $156 million. The company also completed the acquisition of Angelo Gordon, expanding its AUM to $212 billion.
- Total assets under management reached $136 billion as of September 30, 2023.
- GAAP net income attributable to TPG Inc. was $15 million for the third quarter of 2023.
- Fee-Related Earnings increased by 29% year-over-year to $156 million, with a Fee-Related Earnings margin of 49%.
- After-tax Distributable Earnings were $196 million, or $0.56 per share of Class A common stock.
Headline financials
Revenue & EPS history
TPG · Revenue · Quarterly
$160M
Forward guidance
This press release contains forward-looking statements regarding the company's future business and financial performance, estimated operational metrics, business strategy and plans and objectives of management for future operations.
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 Q3 2023
+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
| Quarter | Report date | Reaction (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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