TPG Results Presentation Deck
Pro Forma GAAP Earnings Per Share
Pro forma basic earnings per share of $2.91 for FY'21 and $0.52 for 4Q'21
Pro forma diluted earnings per share of $1.80 for FY'21 and $0.25 for 4Q'21
I
I
($ in thousands, except share and per share amounts)
Pro Forma Net Income Per Share
Numerator
Net income (loss)
Less: Net income (loss) attributable to participating securities
Less: Net income (loss) attributable to non-controlling interest
Net income (loss) attributable to redeemable interest in Public SPACs
Net income (loss) attributable to interests in other non-controlling interest
Net income (loss) attributable to Class A common stockholders - Basic
Denominator
Weighted-average shares of Class A common stock outstanding - Basic
Basic net income per share
Pro Forma Diluted Net Income Per Share
Numerator
Net income (loss) attributable to Class A common stockholders - Basic
Reallocation of net income assuming exchange of NCI
Net income (loss) attributable to Class A common stockholders - Diluted
Denominator
Weighted-average shares of Class A common stock outstanding - Basic
Exchange of Common Units to Class A common stocks
Weighted-average shares of Class A common stock outstanding - Diluted
Diluted net income per share
$ 223,894
4,538
$
4Q'20
$
(195,906)
370,559
44,703
79,273,285
0.56
44,704
29,702
74,406
79,273,285
229,652,641
308,925,926
0.24
$ 235,801
4,117
$
4Q'21
$
21,922
168,583
41,179
79,384,787
0.52
41,179
34,974
76,153
79,384,787
229,652,641
309,037,428
0.25
$
$
$
FY'20
(83,596)
8,513
(195,906)
20,132
83,665
79,254,937
1.06
83,665
(212,355)
(128,690)
79,254,937
229,652,641
308,907,578
(0.42)
$
$
FY¹21
$
1,578,473
23,089
155,131
1,169,357
230,896
79,360,700
2.91
230,896
324,052
554,948
79,360,700
229,652,641
309,013,341
1.80
Note: Pro forma financial measures are on an adjusted basis, assuming the Reorganization and IPO occurred on January 1, 2020; see the Reconciliations and Disclosures section of this presentation for a full reconciliation and description of adjustments.
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