TPG RE Finance Trust Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	103.78	108.29	88.69	142.11	155.07
Net Interest Income Growth	-4.17%	22.10%	-37.59%	-8.36%	-12.11%
Non-Interest Income	49.31	51.85	27.7	16.14	16.35
Non-Interest Income Growth	-4.90%	87.16%	71.65%	-1.28%	2944.69%
Revenues Before Loan Losses	153.09	160.14	116.39	158.25	171.42
Revenue	153.09	160.14	116.39	158.25	171.42
Revenue Growth (YoY)	-4.41%	37.59%	-26.45%	-7.69%	-3.14%
Compensation Expenses	9.81	6.39	8.03	5.05	5.76
Selling, General & Admin	10.11	10.04	10.54	9.13	9.23
Other Non-Interest Expenses	72.48	61.95	221.22	203.6	16.82
Total Non-Interest Expense	78.52	74.23	49.88	44.8	38.12
Pretax Income	60.7	74.73	-116.37	-59.54	139.61
Provision for Income Taxes	-0.38	-0.4	-0.26	-0.53	-1.06
Net Income	45.48	59.67	-130.91	-73.64	70.71
Net Income Attributable to Preferred Dividends	14.84	14.67	14.28	13.58	67.85
Net Income to Common	45.48	59.67	-130.91	-73.64	70.71
Net Income Growth	-23.78%	-	-	-	-
Shares Outstanding (Basic)	79	80	78	77	77
Shares Outstanding (Diluted)	79	80	78	88	82
Shares Change (YoY)	-0.55%	2.98%	-12.19%	8.16%	6.56%
EPS (Basic)	0.57	0.75	-1.69	1.01	0.92
EPS (Diluted)	0.57	0.75	-1.69	0.93	0.87
EPS Growth	-24.00%	-	-	6.90%	-
Shares Outstanding	78.32	81	77.87	77.41	77.18
Free Cash Flow	84.22	106.81	74.76	95.44	132.17
Free Cash Flow Growth	-21.15%	42.86%	-21.66%	-27.79%	0.06%
Free Cash Flow Per Share	1.06	1.34	0.96	1.08	1.62
Dividends Per Share	0.960	0.960	0.960	0.960	0.880
Dividend Growth	-	-	-	9.09%	-14.56%
Profit Margin	43.87%	48.16%	157.93%	400.39%	73.68%
FCF Margin	60.50%	68.47%	-101.69%	-647.59%	70.29%
EBITDA	12.72	15.99	3.58	0	0
EBITDA Margin	9.14%	10.25%	-4.87%	0.00%	0.00%
Effective Tax Rate	-0.62%	-0.53%	0.22%	0.89%	-0.76%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q