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Side-by-side financial comparison of TPG Inc. (TPG) and UNIVERSAL CORP (UVV). Click either name above to swap in a different company.

UNIVERSAL CORP is the larger business by last-quarter revenue ($853.2M vs $715.1M, roughly 1.2× TPG Inc.). TPG Inc. runs the higher net margin — 10.8% vs 3.9%, a 6.9% gap on every dollar of revenue. On growth, TPG Inc. posted the faster year-over-year revenue change (35.6% vs -8.1%). Over the past eight quarters, TPG Inc.'s revenue compounded faster (18.1% CAGR vs 6.2%).

TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American private equity firm based in Fort Worth, Texas. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care.

Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.

TPG vs UVV — Head-to-Head

Bigger by revenue
UVV
UVV
1.2× larger
UVV
$853.2M
$715.1M
TPG
Growing faster (revenue YoY)
TPG
TPG
+43.7% gap
TPG
35.6%
-8.1%
UVV
Higher net margin
TPG
TPG
6.9% more per $
TPG
10.8%
3.9%
UVV
Faster 2-yr revenue CAGR
TPG
TPG
Annualised
TPG
18.1%
6.2%
UVV

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
TPG
TPG
UVV
UVV
Revenue
$715.1M
$853.2M
Net Profit
$77.1M
$33.2M
Gross Margin
17.8%
Operating Margin
9.6%
Net Margin
10.8%
3.9%
Revenue YoY
35.6%
-8.1%
Net Profit YoY
494.1%
-44.2%
EPS (diluted)
$0.30
$1.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
TPG
TPG
UVV
UVV
Q4 25
$715.1M
$853.2M
Q3 25
$596.5M
$749.4M
Q2 25
$569.1M
$592.6M
Q1 25
$543.5M
$690.2M
Q4 24
$527.2M
$928.0M
Q3 24
$524.7M
$708.4M
Q2 24
$522.8M
$596.4M
Q1 24
$512.3M
$756.3M
Net Profit
TPG
TPG
UVV
UVV
Q4 25
$77.1M
$33.2M
Q3 25
$67.1M
$34.2M
Q2 25
$14.9M
$8.5M
Q1 25
$25.4M
$9.3M
Q4 24
$13.0M
$59.6M
Q3 24
$9.0M
$25.9M
Q2 24
$-14.0M
$130.0K
Q1 24
$15.5M
$40.3M
Gross Margin
TPG
TPG
UVV
UVV
Q4 25
17.8%
Q3 25
18.0%
Q2 25
19.1%
Q1 25
15.1%
Q4 24
19.9%
Q3 24
19.9%
Q2 24
16.0%
Q1 24
18.0%
Operating Margin
TPG
TPG
UVV
UVV
Q4 25
9.6%
Q3 25
9.0%
Q2 25
5.7%
Q1 25
6.2%
Q4 24
11.2%
Q3 24
9.7%
Q2 24
2.9%
Q1 24
9.0%
Net Margin
TPG
TPG
UVV
UVV
Q4 25
10.8%
3.9%
Q3 25
11.3%
4.6%
Q2 25
2.6%
1.4%
Q1 25
4.7%
1.4%
Q4 24
2.5%
6.4%
Q3 24
1.7%
3.7%
Q2 24
-2.7%
0.0%
Q1 24
3.0%
5.3%
EPS (diluted)
TPG
TPG
UVV
UVV
Q4 25
$0.30
$1.32
Q3 25
$0.20
$1.36
Q2 25
$-0.05
$0.34
Q1 25
$0.00
$0.37
Q4 24
$-0.04
$2.37
Q3 24
$-0.08
$1.03
Q2 24
$-0.19
$0.01
Q1 24
$-0.11
$1.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TPG
TPG
UVV
UVV
Cash + ST InvestmentsLiquidity on hand
$826.1M
$85.2M
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$4.1B
$1.5B
Total Assets
$13.5B
$3.0B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TPG
TPG
UVV
UVV
Q4 25
$826.1M
$85.2M
Q3 25
$1.1B
$88.7M
Q2 25
$1.1B
$178.4M
Q1 25
$822.0M
$260.1M
Q4 24
$808.0M
$215.1M
Q3 24
$1.2B
$80.1M
Q2 24
$1.1B
$101.7M
Q1 24
$1.1B
$55.6M
Total Debt
TPG
TPG
UVV
UVV
Q4 25
$1.7B
Q3 25
$1.8B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$1.2B
Q1 24
$1.2B
Stockholders' Equity
TPG
TPG
UVV
UVV
Q4 25
$4.1B
$1.5B
Q3 25
$3.8B
$1.5B
Q2 25
$3.6B
$1.5B
Q1 25
$3.5B
$1.5B
Q4 24
$3.6B
$1.5B
Q3 24
$3.4B
$1.4B
Q2 24
$3.3B
$1.4B
Q1 24
$3.3B
$1.4B
Total Assets
TPG
TPG
UVV
UVV
Q4 25
$13.5B
$3.0B
Q3 25
$13.0B
$3.1B
Q2 25
$12.0B
$3.2B
Q1 25
$11.3B
$3.0B
Q4 24
$10.5B
$3.0B
Q3 24
$10.5B
$3.0B
Q2 24
$10.1B
$3.0B
Q1 24
$9.9B
$2.9B
Debt / Equity
TPG
TPG
UVV
UVV
Q4 25
0.42×
Q3 25
0.47×
Q2 25
0.45×
Q1 25
0.42×
Q4 24
0.36×
Q3 24
0.39×
Q2 24
0.37×
Q1 24
0.37×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TPG
TPG
UVV
UVV
Operating Cash FlowLast quarter
$-43.7M
$114.3M
Free Cash FlowOCF − Capex
$95.1M
FCF MarginFCF / Revenue
11.1%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
-0.57×
3.44×
TTM Free Cash FlowTrailing 4 quarters
$52.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TPG
TPG
UVV
UVV
Q4 25
$-43.7M
$114.3M
Q3 25
$492.0M
$32.7M
Q2 25
$385.9M
$-205.1M
Q1 25
$198.2M
$158.7M
Q4 24
$-188.1M
$215.6M
Q3 24
$68.9M
$15.0M
Q2 24
$214.6M
$-62.4M
Q1 24
$436.7M
$-27.9M
Free Cash Flow
TPG
TPG
UVV
UVV
Q4 25
$95.1M
Q3 25
$23.7M
Q2 25
$-217.2M
Q1 25
$151.0M
Q4 24
$199.6M
Q3 24
$-1.0M
Q2 24
$-85.2M
Q1 24
$-46.2M
FCF Margin
TPG
TPG
UVV
UVV
Q4 25
11.1%
Q3 25
3.2%
Q2 25
-36.6%
Q1 25
21.9%
Q4 24
21.5%
Q3 24
-0.1%
Q2 24
-14.3%
Q1 24
-6.1%
Capex Intensity
TPG
TPG
UVV
UVV
Q4 25
2.3%
Q3 25
1.2%
Q2 25
2.0%
Q1 25
1.1%
Q4 24
1.7%
Q3 24
2.3%
Q2 24
3.8%
Q1 24
2.4%
Cash Conversion
TPG
TPG
UVV
UVV
Q4 25
-0.57×
3.44×
Q3 25
7.33×
0.96×
Q2 25
25.83×
-24.14×
Q1 25
7.80×
17.00×
Q4 24
-14.49×
3.62×
Q3 24
7.69×
0.58×
Q2 24
-480.34×
Q1 24
28.14×
-0.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

TPG
TPG

Management Fees$484.4M68%
Transaction Fees$118.6M17%
Expense Reimbursements And Other$76.3M11%
Incentive Fees$29.0M4%
Monitoring Fees$6.8M1%

UVV
UVV

Tobacco Operations$779.9M91%
Service Other$36.7M4%
Other$17.8M2%

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