TPG Results Presentation Deck
Non-GAAP Financial Measures Expanded
($ in thousands)
Fee-Related Revenues
Management Fees
Transaction, monitoring and other fees, net
Other Income
Fee-Related Revenues
Fee-Related Expenses
Compensation and benefits, net
Operating expenses, net
Fee-Related Expenses
Fee-Related Earnings
Realized performance allocations, net
Realized investment income and other, net
Depreciation expense
Interest expense, net
Distributable Earnings
Income taxes
After-Tax Distributable Earnings
$
$
1Q'21
154,229 $
26,122
12,601
192,952
119,702
39,650
159,352
33,600
66,121
7,995
(1,355)
(3,638)
102,723
(3,307)
99,416 $
2Q¹21
155,265
9,044
11,186
175,495
121,707
44,548
166,255
9,240
176,698
20,441
(1,525)
(3,801)
201,054
$
(3,089)
197,965 $
3Q'21
206,994 $
42,208
10,304
259,507
125,530
47,090
172,620
86,886
505,626
48,312
(1,737)
(3,806)
635,282
(3)
635,279 $
4Q'21
201,877 $
24,667
12,582
239,125
154,474
35,827
190,301
48,824
251,158
15,972
(2,157)
(3,683)
310,113
(2,909)
307,204 $
1Q'22
202,731 $
26,756
11,045
240,532
98,187
50,362
148,549
91,983
122,192
7,293
(1,571)
(4,431)
215,466
(16,433)
199,033 $
Note: Due to the Reorganization in 1Q'22, comparability of prior periods may be limited. See the Reconciliations and Disclosures section of this presentation for a full reconciliation between GAAP and Non-GAAP Financial Measures.
1Q'22 LTM
766,867
102,675
45,117
914,659
499,898
177,827
677,725
236,934
1,055,674
92,018
(6,990)
(15,721)
1,361,914
(22,434)
1,339,480
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