NASDAQ$TPG
TPG Inc. · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
TPG reported strong fourth-quarter financial results, completing an outstanding year and strategically acquiring Angelo Gordon.
TPG reported its Q4 and Full Year 2023 results, which included GAAP net income attributable to TPG Inc. of $13 million, Fee-Related Earnings of $226 million, and After-tax Distributable Earnings of $206 million. The company's total assets under management reached $222 billion. A dividend of $0.44 per share of Class A common stock was declared.
- Completed strategic acquisition of Angelo Gordon on November 1, 2023.
- Total assets under management reached $222 billion as of December 31, 2023, a 64% increase year-over-year.
- GAAP net income attributable to TPG Inc. was $13 million for the fourth quarter ended December 31, 2023.
- Fee-Related Earnings were $226 million for the fourth quarter ended December 31, 2023, a 62% year-over-year increase.
Headline financials
Revenue & EPS history
TPG · Revenue · Quarterly
$978M
Forward guidance
TPG enters 2024 with significant momentum and levers to drive continued growth.
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 Q4 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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro