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

VISTEON CORP is the larger business by last-quarter revenue ($948.0M vs $715.1M, roughly 1.3× TPG Inc.). TPG Inc. runs the higher net margin — 10.8% vs 7.8%, a 3.0% gap on every dollar of revenue. On growth, TPG Inc. posted the faster year-over-year revenue change (35.6% vs 1.0%). Over the past eight quarters, TPG Inc.'s revenue compounded faster (18.1% CAGR vs 0.8%).

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.

Visteon Corporation (VC) is an American global automotive electronics supplier based in Van Buren Township, Michigan. Visteon designs, engineers, and manufactures vehicle cockpit electronics products, connected car services and electrification products for its customers, which include nearly all of the major automakers worldwide.

TPG vs VC — Head-to-Head

Bigger by revenue
VC
VC
1.3× larger
VC
$948.0M
$715.1M
TPG
Growing faster (revenue YoY)
TPG
TPG
+34.7% gap
TPG
35.6%
1.0%
VC
Higher net margin
TPG
TPG
3.0% more per $
TPG
10.8%
7.8%
VC
Faster 2-yr revenue CAGR
TPG
TPG
Annualised
TPG
18.1%
0.8%
VC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TPG
TPG
VC
VC
Revenue
$715.1M
$948.0M
Net Profit
$77.1M
$74.0M
Gross Margin
12.9%
Operating Margin
6.9%
Net Margin
10.8%
7.8%
Revenue YoY
35.6%
1.0%
Net Profit YoY
494.1%
-40.8%
EPS (diluted)
$0.30
$2.67

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
VC
VC
Q4 25
$715.1M
$948.0M
Q3 25
$596.5M
$917.0M
Q2 25
$569.1M
$969.0M
Q1 25
$543.5M
$934.0M
Q4 24
$527.2M
$939.0M
Q3 24
$524.7M
$980.0M
Q2 24
$522.8M
$1.0B
Q1 24
$512.3M
$933.0M
Net Profit
TPG
TPG
VC
VC
Q4 25
$77.1M
$74.0M
Q3 25
$67.1M
$-11.0M
Q2 25
$14.9M
$71.0M
Q1 25
$25.4M
$67.0M
Q4 24
$13.0M
$125.0M
Q3 24
$9.0M
$40.0M
Q2 24
$-14.0M
$83.0M
Q1 24
$15.5M
$48.0M
Gross Margin
TPG
TPG
VC
VC
Q4 25
12.9%
Q3 25
14.3%
Q2 25
14.6%
Q1 25
14.8%
Q4 24
14.3%
Q3 24
13.4%
Q2 24
14.5%
Q1 24
12.8%
Operating Margin
TPG
TPG
VC
VC
Q4 25
6.9%
Q3 25
8.8%
Q2 25
10.0%
Q1 25
10.2%
Q4 24
8.9%
Q3 24
5.2%
Q2 24
9.9%
Q1 24
6.8%
Net Margin
TPG
TPG
VC
VC
Q4 25
10.8%
7.8%
Q3 25
11.3%
-1.2%
Q2 25
2.6%
7.3%
Q1 25
4.7%
7.2%
Q4 24
2.5%
13.3%
Q3 24
1.7%
4.1%
Q2 24
-2.7%
8.2%
Q1 24
3.0%
5.1%
EPS (diluted)
TPG
TPG
VC
VC
Q4 25
$0.30
$2.67
Q3 25
$0.20
$-0.40
Q2 25
$-0.05
$2.57
Q1 25
$0.00
$2.44
Q4 24
$-0.04
$4.50
Q3 24
$-0.08
$1.43
Q2 24
$-0.19
$2.97
Q1 24
$-0.11
$1.71

Balance Sheet & Financial Strength

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

Metric
TPG
TPG
VC
VC
Cash + ST InvestmentsLiquidity on hand
$826.1M
$771.0M
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$4.1B
$1.6B
Total Assets
$13.5B
$3.4B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TPG
TPG
VC
VC
Q4 25
$826.1M
$771.0M
Q3 25
$1.1B
$762.0M
Q2 25
$1.1B
$668.0M
Q1 25
$822.0M
$655.0M
Q4 24
$808.0M
$623.0M
Q3 24
$1.2B
$550.0M
Q2 24
$1.1B
$505.0M
Q1 24
$1.1B
$504.0M
Total Debt
TPG
TPG
VC
VC
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
VC
VC
Q4 25
$4.1B
$1.6B
Q3 25
$3.8B
$1.5B
Q2 25
$3.6B
$1.5B
Q1 25
$3.5B
$1.4B
Q4 24
$3.6B
$1.3B
Q3 24
$3.4B
$1.3B
Q2 24
$3.3B
$1.2B
Q1 24
$3.3B
$1.1B
Total Assets
TPG
TPG
VC
VC
Q4 25
$13.5B
$3.4B
Q3 25
$13.0B
$3.3B
Q2 25
$12.0B
$3.3B
Q1 25
$11.3B
$3.1B
Q4 24
$10.5B
$3.0B
Q3 24
$10.5B
$3.0B
Q2 24
$10.1B
$2.8B
Q1 24
$9.9B
$2.8B
Debt / Equity
TPG
TPG
VC
VC
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
VC
VC
Operating Cash FlowLast quarter
$-43.7M
$118.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.57×
1.59×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TPG
TPG
VC
VC
Q4 25
$-43.7M
$118.0M
Q3 25
$492.0M
$127.0M
Q2 25
$385.9M
$95.0M
Q1 25
$198.2M
$70.0M
Q4 24
$-188.1M
$203.0M
Q3 24
$68.9M
$98.0M
Q2 24
$214.6M
$57.0M
Q1 24
$436.7M
$69.0M
Cash Conversion
TPG
TPG
VC
VC
Q4 25
-0.57×
1.59×
Q3 25
7.33×
Q2 25
25.83×
1.34×
Q1 25
7.80×
1.04×
Q4 24
-14.49×
1.62×
Q3 24
7.69×
2.45×
Q2 24
0.69×
Q1 24
28.14×
1.44×

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%

VC
VC

Audioandinfotainment$508.0M54%
Informationdisplays$428.0M45%

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