TPG Inc.

TPGNASDAQFinancial Services● Active

$41.11

$-0.08(-0.19%)

Market Cap$15.8B

P/E Ratio—

52W High$70.38

52W Low$36.95

Avg Volume3.0M

Open$41.69

Beta1.43

Overview

TPG Inc. (TPG) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

TPG · free cash flow · updated Jun 8, 2026

Core FCF metrics

TPG · FCF · TTM · margin & CAGR

Free cash flow was $1.00B for FY2025 (fiscal year ending 2025-12-31), up 99.1% year-over-year The FCF margin was 21.5%.

FY2025 Free Cash Flow$1.00B▲ +99.1% YoY

Trailing 12M (TTM)$972.0Mtrailing 4 quarters sum

FCF Margin21.5%$1.00B ÷ revenue

3-Year CAGR-9.9%FY2022 → FY2025

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

TPG · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.03B(29M)$1.00B▲ +99.1%21.5%

FY2024$532.1M(28M)$504.0M▼ 28.4%19.2%

FY2023$720.5M(17M)$703.8M▼ 48.8%37.9%

FY2022$1.38B(2M)$1.37B▼ 6.8%91.3%

FY2021$1.47B(2M)$1.47B▲ +7408.5%26.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

TPG · P/FCF · FCF yield · FCF per share

TPG Inc. (TPG) trades at a FCF yield of 6.10% and a price-to-free-cash-flow ratio of 5.9x. FCF per share stands at $7.00, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.10%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$7.00

TTM FCF ÷ Shares Outstanding

Price / FCF

x5.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x18.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

TPG · cash flow statement · operating / investing / financing

For FY2025, TPG Inc. generated $1.03B in operating cash flow and spent 29M in capital expenditures, yielding $1.00B in free cash flow.

Operating Activities

+$1.03B

Cash from core business operations

2025-12-31

Investing Activities

−$264.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$750.4M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.03B) − |CapEx| (29M) = FCF ($1.00B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

TPG vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

TPG Inc.YOU

TPG

$1.00B+99.1%21.5%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

TPG Inc. (TPG) reported free cash flow of $1.00B for FY2025 (fiscal year ending 2025-12-31), up 99.1% year-over-year. The FCF margin was 21.5%.

Based on available data, TPG Inc. has maintained positive free cash flow for at least 7 fiscal year(s). FCF peaked at $1.47B in FY2021.

TPG Inc.'s FCF yield is 6.10% and price-to-FCF ratio is 5.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

TPG free cash flow · 8 questions

TPG Inc. free cash flow was $1.00B for FY2025, up 99.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $972.0M.

TPG free cash flowTPG FCFTPG FCF 2025TPG free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · TPG Inc. · TPG Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026