earnings
confidence high
sentiment positive
materiality 0.75
TPG Q2 2024: AUM $229B (+65% YoY), FRE $201M (+60%), GAAP loss $14M
TPG Inc.
2024-Q2 EPS reported
-$0.29
revenue$1,568,265,000
- GAAP net loss $14M ($0.15 basic loss per share); Fee-Related Earnings $201M (+60% YoY) with 44% margin.
- AUM of $229B as of June 30, 2024, up 65% from $139B a year earlier.
- After-tax Distributable Earnings of $207M ($0.49 per share).
- Quarterly dividend declared of $0.42 per share, payable Aug 30, 2024, record Aug 16.