TPG RE Finance Trust, Inc. (TRTX)

TPG RE Finance Trust Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	322.22	362.55	302.86	240.16	283.67	339.81
Total Interest Expense	217.35	273.86	160.76	85.09	107.24	174.84
Net Interest Income	104.87	88.69	142.11	155.07	176.44	164.97
Other Revenue	44.99	27.7	2.85	0.56	0.54	1.75
Revenue Before Loan Losses	149.86	116.39	144.95	155.63	176.97	166.73
Provision for Loan Losses	16.77	189.91	172.98	-6.31	69.76	-
Revenue	133.09	-73.52	-28.03	161.94	107.22	166.73
Revenue Growth (YoY)	-	-	-	51.04%	-35.69%	18.35%
Cost of Services Provided	61.7	41.85	39.75	32.35	34.57	37.28
Total Operating Expenses	69.46	49.88	44.8	38.12	40.34	39.84
Operating Income	63.63	-123.4	-72.83	123.82	66.88	126.89
EBT Excluding Unusual Items	63.63	-123.4	-72.83	123.82	66.88	126.89
Gain (Loss) on Sale of Investments	-	-	-	-	-203.4	-
Pretax Income	70.66	-116.37	-59.54	139.61	-136.52	126.89
Income Tax Expense	0.62	0.26	0.53	1.06	0.31	0.58
Net Income	70.03	-116.63	-60.07	138.55	-136.83	126.31
Preferred Dividends & Other Adjustments	14.65	14.28	13.58	67.85	18.71	0.69
Net Income to Common	55.39	-130.91	-73.64	70.71	-155.53	125.62
Net Income Growth	-	-	-	-	-	18.11%
Shares Outstanding (Basic)	79	78	77	77	77	73
Shares Outstanding (Diluted)	80	78	77	82	77	73
Shares Change (YoY)	2.81%	0.36%	-5.37%	6.56%	5.38%	15.40%
EPS (Basic)	0.70	-1.69	-0.95	0.92	-2.03	1.73
EPS (Diluted)	0.69	-1.69	-0.95	0.87	-2.03	1.73
EPS Growth	-	-	-	-	-	1.98%
Free Cash Flow	109.86	80.13	100.5	132.17	132.09	121.67
Free Cash Flow Per Share	1.38	1.03	1.30	1.62	1.72	1.67
Dividend Per Share	0.960	0.960	0.960	0.880	1.030	1.720
Dividend Growth	0%	0%	9.09%	-14.56%	-40.12%	0.58%
Operating Margin	47.81%	-	-	76.46%	62.37%	76.11%
Profit Margin	41.62%	-	-	43.66%	-145.06%	75.35%
Free Cash Flow Margin	82.54%	-	-	81.61%	123.19%	72.97%
Effective Tax Rate	0.88%	-	-	0.76%	-	0.46%

Source: S&P Capital IQ. Financial Services template. Financial Sources.