Management Fees was Tpg’s largest product and service line in fiscal 2024, bringing in $3.28B of $4.17B (78%).
| 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 |
Tpg brought in $4.17B from its five product and service lines in fiscal 2024, the year ended December 31, 2024. That was up 67.4% from $2.49B in fiscal 2022, the previous year with figures. Management Fees was the largest at $3.28B (78.5%), ahead of Expense Reimbursements & Other at $491.66M (11.8%) and Transaction Fees at $281.20M (6.7%). The other two lines brought in $125.31M combined.
Compared with fiscal 2022, the previous year with figures, Management Fees grew fastest, up 78.1% to $3.28B. Every line above 2% of revenue grew.
Tpg (TPG) reports its revenue by product and service. In fiscal 2024, Management Fees was its largest product and service line, bringing in $3.28B (78.5% of the total), followed by Expense Reimbursements & Other at $491.66M (11.8%).
Management Fees was Tpg's largest product and service line in fiscal 2024, bringing in $3.28B, or 78.5% of the $4.17B total across its five product and service lines.
Every figure comes from Tpg's annual financial filings, as reported. Each line keeps the name Tpg gives it, and years follow its fiscal calendar.
Tpg's revenue by product and service goes back to fiscal 2020, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.