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TPG Inc. balance sheet

At the end of fiscal 2025, TPG Inc. had total assets of $13.49bn, total liabilities of $9.36bn and shareholders' equity of $4.14bn. It held $826m in cash against $1.72bn of debt: net debt of $896m.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash and equivalents0.91.01.10.70.80.80.9
Goodwill—0.20.20.40.40.50.5
Total assets—9.07.99.410.513.514.0
Long-term debt——0.40.91.31.72.3
Total debt0.00.40.60.91.31.72.3
Total liabilities—1.74.26.06.99.410.3
Shareholders' equity—6.33.13.43.64.13.7
Non-controlling interests and other (assets − liabilities − equity)—1.00.7————
Net debt (negative = net cash)−0.9−0.5−0.50.30.50.91.4

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

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Figures from TPG Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to TPG Inc.