earnings
confidence high
sentiment positive
materiality 0.75
TPG Q3 2024: AUM up 76% to $239B; FRE $191M (+22% YoY); dividend $0.38
TPG Inc.
2024-Q3 EPS reported
-$0.37
revenue$2,423,668,000
- GAAP net income $9M ($0.04 EPS); after-tax Distributable Earnings $189M ($0.45 per share).
- Fee-Related Earnings of $191M, up 22% YoY, with FRE margin of 41%.
- Total AUM $239B as of Sept 30, 2024, vs $136B a year earlier (+76%).
- Year-to-date deployed $23B, realized $16B, raised $21B across strategies.
- Quarterly dividend $0.38/share; record Nov 14, payable Dec 2, 2024.