Tpg (TPG) Tax Rate (2021 - 2026)
Tpg's Tax Rate was 10.21% in Q2 2026, down 13.25 percentage points from 23.45% a year earlier and down 2.19 percentage points from the prior quarter.
Tpg (TPG) Tax Rate (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tpg's Tax Rate was 9.40% through Jun 30, 2026, down 18.14 percentage points year-over-year; for FY2025, it came in at 10.05%, up 219.89 percentage points from FY2024.
- Tax Rate shows a five-year change of +9.38 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -209.84% in FY2024 (-281.89 pp), 72.05% in FY2023 (+208.80 pp), -136.76% in FY2022 (-136.95 pp) and 0.19% in FY2021 (-0.48 pp).
- Quarterly Tax Rate has moved between -1120.03% (Q4 2022) and 50.75% (Q4 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +21.51 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2023 (a gain of 1158.71 percentage points); the worst was Q4 2022 (a drop of 1120.38 percentage points).
- Per Business Quant data, TPG's Tax Rate in the three quarters before Q2 2026 was 12.40% (Q1 2026), 7.38% (Q4 2025) and 12.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | 24.90% |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | 16.11% |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | 17.91% |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | - |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | 12.14% |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 15.94% |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 15.06% |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 23.17% |
| 10 | Tpg | 17.00 Bn | 15.80 Bn | - | 10.21% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.21% |
| Dec 31, 2025 | 7.38% |
| Sep 30, 2025 | 12.67% |
| Jun 30, 2025 | 23.45% |
| Mar 31, 2025 | 6.74% |
| Dec 31, 2024 | 50.75% |
| Dec 31, 2023 | 38.68% |
| Jun 30, 2023 | 24.76% |
| Mar 31, 2023 | 25.33% |
| Sep 30, 2022 | 0.81% |
| Mar 31, 2022 | 8.44% |
| Dec 31, 2021 | 0.35% |
| Sep 30, 2021 | 0.25% |
| Jun 30, 2021 | 0.08% |
| Mar 31, 2021 | 0.27% |
Tpg Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=TPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TPG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=TPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();