Management Fees was the largest of TPG Inc.’s 5 reported lines in fiscal 2024, at $3.28B — 78% of $4.17B.
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2024 |
|---|---|---|---|---|
| Management Fees | $1.44B | $1.84B | $3.28B | |
| Expense Reimbursements & Other | $309.26M | $418.77M | $491.66M | |
| Transaction Fees | $181.21M | $195.82M | $281.20M | |
| Monitoring Fees | $28.65M | $28.66M | $59.25M | |
| Incentive Fees | — | $10.37M | $66.06M | |
| Fee Credits | — | — | — | |
| Total | $1.96B | $2.49B | $4.17B |
In fiscal 2024, which ended December 31, 2024, the 5 revenue lines TPG Inc. reported in this breakdown added up to $4.17B. That was up 67.4% from $2.49B in fiscal 2022, the latest earlier year this breakdown was reported. Management Fees was the largest revenue line, at $3.28B or 78.5% of the total, followed by Expense Reimbursements & Other ($491.66M, 11.8%) and Transaction Fees ($281.20M, 6.7%). Together, the two largest revenue lines made up 90.3% of this total.
Compared with fiscal 2022, the latest earlier year reported, Management Fees grew the fastest, rising 78.1% to $3.28B. Every sizeable revenue line reported in both years grew.
The table also keeps 1 revenue line that TPG Inc. no longer reports, so earlier years can still be read on their original basis; use "Show 1 discontinued" beneath the table to see them. This breakdown covers 4 fiscal years between 2020 and 2024, as reported in TPG Inc.'s annual filings.
TPG Inc. (TPG) breaks its revenue down by revenue line. In fiscal 2024, its largest revenue line was Management Fees, with $3.28B or 78.5% of the total, followed by Expense Reimbursements & Other at $491.66M (11.8%).
Management Fees was TPG Inc.'s largest revenue line in fiscal 2024, with $3.28B in revenue, 78.5% of the $4.17B reported across its 5 revenue lines.
Every figure is taken from TPG Inc.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by revenue line covers fiscal 2020 to 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.