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TPG Valuation Multiples
Discover revenue and EBITDA valuation multiples for TPG and similar public comparables like Brookfield Business Corp, KBC Ancora, Infratil, Zhongtai Securities and more.
TPG Overview
About TPG
TPG Inc is an alternative asset management firm. It invests across five multi-product platforms, namely Capital, Growth, Impact, Real Estate, Market Solutions, and TPG Angelo Gordon. The company invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, market solutions, innovation, and inclusion.
Founded
1992
HQ

Employees
1.9K
Website
Sectors
Financials (LTM)
EV
$9B
TPG Financials
TPG reported last 12-month revenue of $2B and EBITDA of $1B.
In the same LTM period, TPG generated $1B in gross profit, $1B in EBITDA, and $387M in net income.
Revenue (LTM)
TPG P&L
In the most recent fiscal year, TPG reported revenue of $3B and EBITDA of $1B.
TPG expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | — | XXX | XXX | XXX |
| Gross Margin | 48% | XXX | — | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $1B | XXX | XXX | XXX |
| EBITDA Margin | 50% | XXX | 34% | XXX | XXX | XXX |
| EBIT Margin | 50% | XXX | 35% | XXX | XXX | XXX |
| Net Profit | $387M | XXX | $355M | XXX | XXX | XXX |
| Net Margin | 17% | XXX | 11% | XXX | XXX | XXX |
| Net Debt | — | — | $985M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
TPG Stock Performance
TPG has current market cap of $7B, and enterprise value of $9B.
Market Cap Evolution
TPG's stock price is $44.98.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $9B | $7B | 0.0% | XXX | XXX | XXX | $2.21 |
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Start Free TrialTPG Valuation Multiples
TPG trades at 3.9x EV/Revenue multiple, and 7.8x EV/EBITDA.
EV / Revenue (LTM)
TPG Financial Valuation Multiples
As of April 20, 2026, TPG has market cap of $7B and EV of $9B.
Equity research analysts estimate TPG's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
TPG has a P/E ratio of 18.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $7B | XXX | $7B | XXX | XXX | XXX |
| EV (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV/Revenue | 3.9x | XXX | 2.8x | XXX | XXX | XXX |
| EV/EBITDA | 7.8x | XXX | 8.2x | XXX | XXX | XXX |
| EV/EBIT | 7.8x | XXX | 8.1x | XXX | XXX | XXX |
| EV/Gross Profit | 8.1x | XXX | — | XXX | XXX | XXX |
| P/E | 18.6x | XXX | 20.3x | XXX | XXX | XXX |
| EV/FCF | 10.1x | XXX | 9.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified TPG Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


TPG Margins & Growth Rates
TPG's revenue in the last 12 month grew by 28%.
TPG's revenue per employee in the last FY averaged $1.7M, while opex per employee averaged $1.3M for the same period.
TPG's rule of 40 is 34% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
TPG's rule of X is 13% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
TPG Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 28% | XXX | (14%) | XXX | XXX | XXX |
| EBITDA Margin | 50% | XXX | 34% | XXX | XXX | XXX |
| EBITDA Growth | 23% | XXX | 21% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 34% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 13% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.7M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $1.3M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 22% | XXX | XXX | XXX |
| Opex to Revenue | 17% | XXX | 79% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
TPG Public Comps
See public comps and valuation multiples for other Asset Management and PE & VC comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| TPG | XXX | XXX | XXX | XXX | XXX | XXX |
| Brookfield Business Corp | XXX | XXX | XXX | XXX | XXX | XXX |
| KBC Ancora | XXX | XXX | XXX | XXX | XXX | XXX |
| Infratil | XXX | XXX | XXX | XXX | XXX | XXX |
| Zhongtai Securities | XXX | XXX | XXX | XXX | XXX | XXX |
| China CITIC Financial | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
TPG M&A Activity
TPG acquired XXX companies to date.
Last acquisition by TPG was on XXXXXXXX, XXXXX. TPG acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by TPG
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialTPG Investment Activity
TPG invested in XXX companies to date.
TPG made its latest investment on XXXXXXXX, XXXXX. TPG invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by TPG
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout TPG
| When was TPG founded? | TPG was founded in 1992. |
| Where is TPG headquartered? | TPG is headquartered in United States. |
| How many employees does TPG have? | As of today, TPG has over 1K employees. |
| Who is the CEO of TPG? | TPG's CEO is Jon Winkelried. |
| Is TPG publicly listed? | Yes, TPG is a public company listed on Nasdaq. |
| What is the stock symbol of TPG? | TPG trades under TPG ticker. |
| When did TPG go public? | TPG went public in 2022. |
| Who are competitors of TPG? | TPG main competitors are Brookfield Business Corp, KBC Ancora, Infratil, Zhongtai Securities. |
| What is the current market cap of TPG? | TPG's current market cap is $7B. |
| What is the current revenue of TPG? | TPG's last 12 months revenue is $2B. |
| What is the current revenue growth of TPG? | TPG revenue growth (NTM/LTM) is 28%. |
| What is the current EV/Revenue multiple of TPG? | Current revenue multiple of TPG is 3.9x. |
| Is TPG profitable? | Yes, TPG is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of TPG? | TPG's last 12 months EBITDA is $1B. |
| What is TPG's EBITDA margin? | TPG's last 12 months EBITDA margin is 50%. |
| What is the current EV/EBITDA multiple of TPG? | Current EBITDA multiple of TPG is 7.8x. |
| What is the current FCF of TPG? | TPG's last 12 months FCF is $896M. |
| What is TPG's FCF margin? | TPG's last 12 months FCF margin is 39%. |
| What is the current EV/FCF multiple of TPG? | Current FCF multiple of TPG is 10.1x. |
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