earnings
confidence high
sentiment positive
materiality 0.75
TPG reports Q4 2023 FRE $226M (+62% YoY), AUM $222B after Angelo Gordon deal
TPG Inc.
2023-FY EPS reported
-$0.04
revenue$2,389,911,000
- GAAP net income $13M for Q4, basic EPS $0.16; distributable earnings $206M ($0.51 per share).
- Fee-Related Earnings $226M (+62% YoY), margin 49%.
- Assets under management $222B (+64% YoY), driven by Angelo Gordon acquisition.
- Quarterly dividend $0.44/share, payable March 8, 2024 to holders of record Feb 23.
- Completed strategic acquisition of Angelo Gordon on November 1, 2023.